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MBA oath – a social innovation at Harvard Business School
The MBA Oath is a voluntary student-led pledge that asks graduating MBAs to commit towards the creation of value “responsibly and ethically.” The grassroots effort was launched in late May 2009 by a group of thirty graduating Harvard Business School (HBS) students in Boston, Massachusetts.
Source: Wikipedia
The principles (short)
Therefore I promise:
- I will act with utmost integrity and pursue my work in an ethical manner.
- I will safeguard the interests of my shareholders, co-workers, customers and the society in which we operate.
- I will manage my enterprise in good faith, guarding against decisions and behavior that advance my own narrow ambitions but harm the enterprise and the societies it serves.
- I will understand and uphold, both in letter and in spirit, the laws and contracts governing my own conduct and that of my enterprise.
- I will take responsibility for my actions, and I will represent the performance and risks of my enterprise accurately and honestly.
- I will develop both myself and other managers under my supervision so that the profession continues to grow and contribute to the well-being of society.
- I will strive to create sustainable economic, social, and environmental prosperity worldwide.
- I will be accountable to my peers and they will be accountable to me for living by this oath.
Source: Wikipedia
FACT: Daniel Nocera (MIT) developed a new catalyst for the storage of solar power. The catalyst is much cheaper than the precious metal platinum.
Chemist Daniel Nocera, head of the M.I.T.’s Solar Revolution Project, has found a substitute for platinum (>USD 1,700/ounce). The components of the catalyst are the cobalte (USD 2.25) and phoshor (USD 0.05). Concerning the components this means a cost effectiveness factor of around 1,000. The discovery is seen as breakthrough.
CONTEXT: The advance is a key discovery in the context of efforts to create artificial photosynthesis.
Researchers have made a major advance in inorganic chemistry that could lead to a cheap way to store energy from the sun. Technology Review
RELEVANCE: Efficient local solar systems (“solar at home” – with no storage problem) change the game.
- There is an increased competitiveness of solar power and an impact for conventional energy generation and infrastructures
- Technology to store energy is relevant beyond solar energy generation, e.g. volatile wind power
- Winners: The more autonomous “solar prosumer” (esp. in sun rich zones).
- Loosers: Fossil based energy companies
- Comeback of the hydrogen vision as a realistic scenario is possible – even with the hydrogen car getting the energy from the rooftop
- Solar society* before 2020 in some regions of the world
(* “solar society” i.e. with a solar energy share >> 50%? – I have no definition up to now)
RELATED POSTS
SOURCES
- MIT News Office: ‘Major discovery’ from MIT primed to unleash solar revolution
- Technology Review: Solar-Power Breakthrough
- Scientific American: Hydrogen Power on the Cheap–Or at Least, Cheaper
Update 2008-08-03
- Picture + hyperlink MIT News Office
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SIGNAL: NASA’s 50th anniversary – thanks!
COMMENT: The way is the goal?
When I was a little boy my parents did wake me up in the midst of the night to show me some live pictures from the moon – one of my earliest memories. So that was one big step, you know. Hmm, but in which direction, to what purpose? Is a budget of $17.3 billion p.a. (PDF, nasa.gov) justified by the results? To be honest a good part of research in space is done in a selfreferential manner. There are so much problems in space for the human organism, that one first has to research the consequences and measurements of zero gravity etc. Read the rest of this entry »







