Sean%20Jasso%27s%20%27Virtue%20or%20Complacency%27%20IJBS%202008

Sean Jasso's% - VIRTUE OR COMPLACENCY A STUDY OF THE FUTURE MANAGER AND A NEW MODEL FOR MEASURING CORPORATE ETHICS Sean D Jasso Ph.D International

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International Journal of Business Strategy, Volume 8, Number 2, 2008 (ISSN: 1553-9563) 1 VIRTUE OR COMPLACENCY? A STUDY OF THE FUTURE MANAGER AND A NEW MODEL FOR MEASURING CORPORATE ETHICS Sean D. Jasso, Ph.D. © International Journal of Business Strategy, Volume 8, Number 2, 2008, pp. 95-107 (ISSN: 1553-9563) i ABSTRACT Who are the people to manage the future corporation? What is their preparation for being not only effective managers, but moral managers? This research is driven by dissatisfaction with the current dialogue of business ethics and social responsibility often being trivialized and marginalized in both the corporate suites and also in the schools of business where the future manager is often introduced to the tools required for management and leadership of today’s and tomorrow’s organizations. The overarching objective presented here is to offer a new theoretical framework that can help predict the measurement of what I will call corporate arête – or, corporate excellence, in the traditional foundation of moral virtue. The paper is a comprehensive study of 300 business students testing their general knowledge of ethics as they prepare to enter management roles in the world of business. In a 2003 symposium of one of Peter Drucker’s last lectures, he stated, ‘there are no ethics in business’ – what did he mean? This paper attempts to look deeper into his apparent riddle and through an aggressive statistical analysis, I provide insight into the future manager to determine if the corporations of tomorrow are to be managed by complacent or virtuous leaders. Key Words: Ethics, Corporate Responsibility, Future Manager, Management Statistics 1. INTRODUCTION This paper addresses the growing problem of bad behavior in the market economy of the United States. Bad behavior in its simplest form amounts to corporate fraud – lying, cheating, stealing, and other forms of calculated deception of the various stakeholders of the American public company. The project is driven by dissatisfaction with the current dialogue of business ethics and the public policy domain associated with corporate ethics and social responsibility. Business ethics has been trivialized and marginalized in not only the corporate suites, but also in the schools of business where the future manager is introduced to the tools required for management and leadership of today’s and tomorrow’s organizations. The objective is to offer a new theoretical framework that can help predict the measurement of what I will call corporate arete – or, corporate excellence, on the foundation of moral virtue. Arete is a term which Richard Hooker defines as “the most articulated value in [ancient, civilized] culture…translated as ‘virtue,’ [or more directly] being the best you can be," or "reaching your highest human potential” (1999). Hooker adds, “the man or woman of arete is a person of the highest effectiveness; they use all their faculties: strength, bravery, wit, and [intelligence], to achieve real results…the concept implies a human-centered
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This note was uploaded on 08/20/2009 for the course BUS 102 taught by Professor Jasso during the Spring '09 term at UC Riverside.

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Sean Jasso's% - VIRTUE OR COMPLACENCY A STUDY OF THE FUTURE MANAGER AND A NEW MODEL FOR MEASURING CORPORATE ETHICS Sean D Jasso Ph.D International

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