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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
Prof. Knight is angry – but does this help to recover and transform? (source: thisislondon.co.uk)
G20 summit under immense pressure
Radical measures must be decided at the G20 summit or it could become the “fateful moment” when the global recession lurches into an outright slump, Liberal Democrat leader, Nick Clegg, said today. (guardian.co.uk, 2009-03-30)
The crisis and the consequences for business and politics are still in the focus of mass media and the blogosphere. When I check the stats of future facts blog I find a lot of phrases containing “financial crisis” still on the top of the most used search terms. Surprisingly most of the visitors checked in here on the post of Oct. 2008 Global financial crisis may end 2009 – which is not really a typical post in a blog concerned with long-term trends. The news seemed significant at that time because
- it had been expressed by an insider, Michel Camdessus, the former chief of the International Monetary Fund (IMF), and
- it was extraordinarily optmistic.
Let us contrast this sunny quote of last year with doomsday news like this of March 25th 2009: “Russia Expects New Financial System Crisis Outburst”. Russia’s Finance Minister Aleksei Kudrin said:
“We were standing on the brink of the financial collapse, but we prevented it, and I must here thank the Central Bank and the State Duma for giving us an opportunity to take decisions quickly,” (my emphasis, www.marketoracle.co.uk)
The coincidence of some news urges me to come back to the issue of the spreading crisis. In these days we read Read the rest of this entry »
At the worlds biggest IT fair, CeBIT in Hanover, ending on Sunday they tried something new. With “Webciety” there has been a new format to close the gap between hardware selling companies on the one hand and increasingly important web companies on the other. We hear this for so long and it is from year to year it is more true: We are on the way to web society / “webciety”. At the panel there have been issues like Enterprise 2.0, Social Computing and Identity Management – but the most interesting subject for me has been the upcoming and invasion of the “digital natives”. The consequences for enterprises, media industry and marketing are still in the debate. At webciety there has been a book presentation concerning the topic. You can access and download the book at scribd as a PDF (German):
DNAdigital – Wenn Kapuzenpullis auf Anzugtraeger treffen
Digital Natives – different mindset, communication habits and consumption patterns
Marc Prensky coined the term “digital natives” in the context of education some years ago (“Digital Natives, Digital Immigrants” 2001). Since Gartner and other analyst firms took it seriously since 2007 today companies start to analyze more thoroughly the rather heterogeneous group of digital natives. The core definition is trivial:
A digital native is a person who has grown up with digital technology such as computers, the Internet, mobile phones and MP3. (Wikipedia)
Prensky realized the disparity in the realm of learning and teaching – teachers are just ill-equipped to educate digital natives, whose sophisticated use of digital technologies is incompatible with practice in schools and universities. No question the disparity today is virulent in the enterprise context (actually I am preparing some stuff concerning the issue and Read the rest of this entry »
Early switchers at earth2tech.com
Fears and hopes
Guess you know Bobby McFerrin’s “Don’t Worry, Be Happy” (youtube). When the wall came down in Berlin some 19 years ago it happened that this easy swinging a cappella sound was the somehow perfect soundtrack for the ambiguity in the mood of the reunified Germans. Ambiguity of fears and hopes – and what followed really was political “change management XXL” – with the inevitable pains of transformation.
Now, this is end of October 2008 and I feel a certain resemblance to the situation of 1989. In these days a lot of commentators suppose that the financial crisis is just the beginning of a longer lasting downturn of the global economy.
One last look back
Futurists and scenario planning people are prepared for the discontinuities of complex systems. This time the wild card was to expect. Warnings date back to 2006 (nypost.com) and even 2004 (abajournal.com). By the way recession cycles of market economy are observed since its beginnings. And Talebs book about the improbable “black swan” has been written in 2007. But who wants to hear bad news? We have to. That’s why we are implementing early warning systems and pay experts, even futurists.
Looking forward – Opportunities in times of transformation
This is the time of cutbacks and layoffs, but that is only the one side. At O’Reilly’s Web2Expo Europe some days ago I heard Robin Daniels (Salesforce.com / Cloud Computing: Freedom to Focus on Innovation”). One of the messages was: “Don’t optimize, but innovate!”. So don’t worry to much, Read the rest of this entry »
my.barackobama.com knows the tools of the social, viral, swarming web
It was not an easy task for Barack Obama’s team to find the right “historical place” for his appearance in Berlin. I am a foresight consultant (in Berlin) with a focus on technology, esp. ICT – but as a futurist I have to keep my scope broad up to 360 degrees – causal hyperconnectedness of things, you know …
Today I ponder about the interference of technology and politics. There has been written a lot about how the internet esp. the social media of web 2.0 changed the way of doing politics. But often the analytical categories don’t match the dynamic reality of the web.
I want to introduce the “swarm” as a serious category for a better understanding of things happening when some millions of connected users are losely coupled, interact and follow tags, interests, people, events, brands and … politicians.
SIGNAL: A political blogger is conceiving a new phenomena in the context of online campaigning
The democrats.org blogger “JMesserly” wrote on Mar 27th, 2008:
Notice is being taken of the connection between new phenomena: Swarm politics, Blog swarms, Fear in the ranks of traditional party and PAC professionals towards armies of volunteers that are indifferent and even hostile towards their efforts at command and control.
Folks may find this article interesting in the context of the newly dominant role of internet communications which is enabling a revolution in the way politics and collective activities like Wikipedia or Kiva can and are working today. [...] We must consider how the dynamics of swarm theory can be leveraged on the internet and in the marketplace to rapidly and decisively attack social problems. [my emphasis]
I found this post when I was googling in preparation of a presentation about swarm Read the rest of this entry »
