Johnny Paycheck’s song, “Take This Job and Shove It,” expresses a fundamental human right in the United States. Many workers fantasize about the day they can use Paycheck’s song title in confronting their boss. Yes, it is a rude and crude sentiment, but it is an American right.
Milton Friedman advocated profit-focused business responsibility, while John Elkington introduced the triple bottom line (people, planet, profit). Today, businesses prioritize stakeholders' well-being, environmental impact, profit, and purpose-driven initiatives. Corporate social responsibility attracts customers and recruits socially conscious employees.
For years defining and pigeon-holing generations has been a cottage industry. Some pundits have pitted generation against generation, including the condescending dismissal expressed by some contemporary young people: “Okay, Boomer.”
Suppose you just graduated from UNI with a degree in marketing. You’ve converted your summer internship into a permanent sales job. Congratulations. A few years into your job, however, you start noticing prospectuses regarding robots.
I’ve never watched Tom Hanks in the movie Forrest Gump. I have heard his famous line about life resembling a box of chocolates and never knowing what you are going to get. A local television station ran a story exposing the increasing amount of plastic in boxes of Valentine’s Day chocolates.
I attended Texas Christian University as an undergraduate accounting major in the early to mid 1970s. I then got an MBA and PhD in business-related fields, and began my teaching career in 2000. Now, nearly 50 years later, I am thinking about what we do in our business schools across the USA. Clearly, nothing much has changed in the last half century that would impact business education—sorry, just being a bit sarcastic there! On the contrary, the past 50 years have seen unprecedented change in nearly every aspect of our lives.
As my wife and I contemplate our 68th birthdays, we are increasingly thinking about what we plan to do for our remaining years, and the world we will leave our sons and daughter; even more to the point, what kind of world our 21-month-old grandson will grow up to see. Because I teach strategy and business ethics courses, I naturally relate national and world issues to a business context. As I look at the biggest problems facing us now, two related points stand out to me: 1) Business, writ large, is a (perhaps the) large contributor to those issues, and 2) It is most…
At some point way back in history, my wife and I were raising three elementary school aged kids. They each participated in the annual “Odyssey of the Mind” competition, designed to promote creativity among students. The central ideology of the program was “If it doesn’t say you can’t, you can.” My wife coached both their teams (I actually know how to do math—two of our kids were on the same team). Seeing the incredible amount of time and effort she put into that, I quickly opted out of coaching, and volunteered to be a judge at the local level on the day of competition.
As I write this column, Russia’s invasion of Ukraine is more than a month old, with no readily available resolution in sight. Unquestionably, the greatest toll is being felt by Ukrainian residents, who are suffering from incessant shelling, forced migration to safer locales, and death. As many have noted already, this presents the rest of the world with humanitarian and moral crises that we must attend to. I certainly acknowledge these concerns, and wish I had something useful to say about them, but I don’t feel qualified to do that.
I have previously mentioned the idea of “degrowth” in my thoughts about our approach to global climate change and resource depletion. I first ran into this concept in the summer of 2019, when I attended the Alternative Economic and Monetary Systems (AEMS) in Vienna. At that point in my thinking, my opinion was, “Well, of course we have to shrink our impact on the climate and natural resources. That means we all have to do with less.” Easy enough to say for an affluent resident of the global West, who while certainly not rich by US standards, doesn’t miss any meals,…
