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One college president remarked: "Colleges are very good at adding. They're not good at subtracting." This is not only true when it comes to creating academic departments but is also true with respect to hiring administrators. This paper demonstrates that reducing the number of departments via...
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The doctrine of Maximizing Shareholder Value (MSV) has been largely viewed as a definitive tool for measuring the performance of the executives of public corporations. Countless business students have been taught that, the sole goal of the firm is MSV, despite the fact that, Jack Welch called...
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Abraham's “leadership by example” provides a template for business leaders to implement a tone at the top based on a balance of Tzedek (righteousness) and Mishpat (legal judgement). The former expresses the generosity of spirit required of leaders, while the latter expresses the sound...
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It is clear that people do not always behave in a rational manner. Sometimes they are presented with too much information or they may want to make a quick decision. This may cause them to rely on cognitive shortcuts known as heuristics (rules of thumb). These cognitive shortcuts often result in...
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Many college graduates find themselves underemployed or even unemployed because they lack necessary skills. Moreover, many firms are finding it difficult to thrive, or even survive, in the knowledge economy because they have not hired the right kind of employees. This paper describes six basic...
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This course module is designed to help professors teach business ethics and corporate social responsibility. It demonstrates why a “greed is good” approach to capitalism is dangerous. The philosophy of maximizing shareholder value is also critically examined as well as the distinction...
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We live in a time when the importance of corporate social responsibility and ethics is apparent. Sadly, it is obvious that most leaders are more interested in making money than doing the right thing. The “Woman of Valor” described in Proverbs shows us what it takes to be successful:...
Persistent link: https://www.econbiz.de/10013077047