2012 p 1430 In essence the covenant between the stakeholders is essential in

2012 p 1430 in essence the covenant between the

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aimed at accommodating distinct factions in the environment” (Crilly, Zollo, & Hansen. 2012, p. 1430). In essence, the covenant between the stakeholders is essential in the success of any business. In the Point Caste presentation, Dr. Kahlib Fischer speaks of the covenant as a “morally informed agreement”. There has to be a “mutual accountability” and a “boundary that spans departments in this dynamic environment” (2014). There has to be a give and take between parties in order to fulfill the corporate mission. Biblical Perspective The Bible teaches us about many great covenants or contracts that God made. I think the first one was probably with Noah to build the Arc and God promised to never destroy the world by water again. Other great covenants were between God and Moses, Abraham, King David and the most notable promise was when we were given mercy and grace which allowed us to be forgiven for our sins. He sacrificed Jesus, His son in order to seal this promise. In todays’ world, it still takes a diverse group to make things come together. All interested parties or stakeholders have to keep up their end of the contract by performing their specific functions for the greater good of the business.
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References Crilly, D., Zollo, M., & Hansen, M. T. (2012). Faking it of muddling through?
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  • Summer '14
  • Business Ethics, Corporate social responsibility, internal Stakeholders, Iqbal, Dr. Kahlib Fischer

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