It seems to me that any school that teaches business should have an ethics class. What I mean by this is a business class that focuses on Business Ethics. This would be a class that using compelling analysis focused on several different layers of organizational interaction.
How does an individual behave in the context of an organization? As a manager how should I treat my employees? Should I make decisions that hurt people? What decision mechanisms should a manager use to make not only an economically sound decision, but also a decision that supports human dignity?
What about at the organizational level? What does it mean for a company to be social responsible? Is it right for a company to dump waste into water ways? It is right for a company to downsize?
What about Capitalism as a worldview? Is a centralized economy more humane? Or can the efficiencies of a market system be used for the betterment of humanity, or the bigger question may be should profit be used for human causes or given to its owners?
I for one think that an academic program that teaches business should be required to discuss these things. Business students should have their desires for success challenged in a manner that prepares them for the dilemmas they will face in the world of commerce.
Maybe I am all wet, maybe Business Administration is just about the quantitative side of business, but I don’t think so.
And that is my very short thought for the day!