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We are no longer an industrial economy characterized by assembly lines; we are now in a knowledge economy where creativity is what matters and the old ways of running a firm simply do not work. This paper discusses a new paradigm for corporate ethics and leadership that includes factors that...
Persistent link: https://www.econbiz.de/10014120706
Young people today want to work at a meaningful job and make a difference in the world. Information technology (IT) is an effective enabler for all sorts of business strategies, so it comes as no surprise that IT is useful for implementing a firm's corporate social responsibility (CSR)...
Persistent link: https://www.econbiz.de/10014037738
The authors posit that one should not take a binary approach to business ethics because there are gradations. They propose that firms may be classified according to the following metric: Level I: The Totally Unethical Organization; Level II: The Legalistic Unethical Organization; Level III: The...
Persistent link: https://www.econbiz.de/10014086713
This article demonstrates how various concepts derived from marketing and behavioral economics can be useful to accountants and others whose advice is sought on the setting of prices. In particular, it shows that a one-price policy may not always be ideal. Using price as a strategic tool can...
Persistent link: https://www.econbiz.de/10013049174
One of the most important skills to possess in the global Internet Age is creativity. People who are creative and innovative will be of great value to any organization that employs them. Moreover, creativity is a valuable skill to have if one wishes to be an entrepreneur. This paper demonstrates...
Persistent link: https://www.econbiz.de/10014131884
The current financial crisis that threatens the entire world has created an ideal opportunity for educators. A number of important lessons can be learned from this financial meltdown. Some are technical and deal with the value of mathematical models and measuring risk. The most important lesson,...
Persistent link: https://www.econbiz.de/10008488880
This paper examines the Torah to derive a small set of essential core values for living. Core values are the guiding principles that can be used by individuals as well as organizations to make correct decisions and provide a reason for being. Both the Torah itself (the Written Law) and the...
Persistent link: https://www.econbiz.de/10014176078
The apology is an important marketing and management tool. Knowing how to apologize correctly is a skill that must be mastered and should be studied. The purpose of this paper is to provide needed course material for instructors preparing a course module on this relatively new and very topical...
Persistent link: https://www.econbiz.de/10014176079
The authors show how the Book of Ruth can be used to illustrate the ideal way to run a big organization. Boaz, one of the major characters in the story, is an affluent businessperson who demonstrates moral leadership in the way he runs his business. In particular, the kindness he demonstrates to...
Persistent link: https://www.econbiz.de/10014040070
This paper examines the Book of Esther, deriving important insights about a variety of approaches to leadership that can be applied to today‘s crisis in leadership. Esther was a Queen of Persia approximately 2,500 years ago. In reviewing the leadership styles of three characters from this...
Persistent link: https://www.econbiz.de/10014040230