{"id":172,"date":"2014-02-21T21:01:12","date_gmt":"2014-02-21T21:01:12","guid":{"rendered":"http:\/\/blogs.stthom.edu\/cameron\/?p=172"},"modified":"2017-04-13T20:54:51","modified_gmt":"2017-04-13T20:54:51","slug":"cultivating-ethical-business-leaders","status":"publish","type":"post","link":"https:\/\/blogs.stthom.edu\/cameron\/cultivating-ethical-business-leaders\/","title":{"rendered":"Cultivating Ethical Business Leaders"},"content":{"rendered":"<p>Ever since I saw the two movies, <i>The Smartest Guys in the Room <\/i>and <i>Inside Job, <\/i>I have been plagued with the question of how business ethics are taught in business schools.\u00a0 More specifically, what makes the teaching of business ethics in business schools at Catholic institutions of higher education different from the way they are taught in Ivy League Schools and state universities, which are generally held up as models of \u201cbest practices\u201d?\u00a0 How does the teaching of business ethics, in light of Catholic teaching, prepare future workers in the areas of finance, economics and accounting for the \u201cWall Street Culture\u201d in which they will be working?\u00a0 If Catholic institutions are mere clones of their secular counterparts, it would seem that Catholic institutions have no unique voice or contribution to make in shaping the minds and hearts of future employees.\u00a0 These employees will need to be able to withstand the heat and pressures that arise when firms put them in crossroad situations that demand that they make ethical choices even to the point of requiring them to be \u201cwhistle-blowers.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>It is one thing for a university to claim Catholic identity and to espouse <i>Ex corde ecclesiae<\/i>.\u00a0 It is another for that university, and in particular its business school, to implement the vision throughout its curriculum.\u00a0 Teaching one course in business ethics in a curriculum will not suffice.\u00a0 Often this course is relegated to philosophical thinking which is, at best, minimally applicable to the real world of business. I believe that the challenge to the faculties in business schools in Catholic universities is to work in a collaborative way, under the leadership of a visionary dean, to develop a Catholic ethics-throughout-the-curriculum approach.\u00a0 Namely, each professor would incorporate the Catholic sense of vocation-career and its ethical implications within the syllabus of the courses that they teach.\u00a0 For example, in the Cameron School of Business, ethics is a learning goal for each and every one of the degree programs and is integrated in the various courses in each program.<\/p>\n<p>&nbsp;<\/p>\n<p>Wherever students would turn in their class work, they would be confronted with the highest standards of ethical demands and be taught to see them in real world practices. \u00a0They must be prepared to understand the risks and challenges involved in seeking to live ethically in the workplace \u2013 e.g., the threat of job loss or extended legal action.\u00a0 In other words, vocation would give a deeper sense of meaning and purpose to the business enterprise and the ethical implications inherent in that vocation; and career would provide students with the capacity for prudential judgment related to all that is necessary, technically, to compete in the workplace.\u00a0 This approach is seen in the Cameron School of Business where students are assigned projects that focus on service and community. One example of the effectiveness of these projects is the 2006 Cameron School of Business MBA project.\u00a0 Like all of these projects, it focused on ethics and corporate social responsibility, but it eventually opened the door for a student to a career in philanthropic nonprofit management and the opportunity to improve health and educational services in one student\u2019s native country of Cameroon, Africa. In 2013, a student group created a water filtration system that can filter contaminated water and provide clean water for up to three years to underprivileged countries; this grew out of an assignment in their Operations Management course.<\/p>\n<p>Finally, to achieve this vision it would also require that faculty meetings be creative venues in which faculty work together in strengthening each other to achieve a holistic approach to the degree programs.\u00a0 Such a vocation-career approach would be the first criterion required in selecting deans and new faculty.\u00a0 Anyone seeking a position in a Catholic school of business would do so precisely because they seek to grow in this expanded vision of the world of business and make their contribution to cultivating business leaders for the future.\u00a0 Fortunately, Cameron School of business does precisely this and is a stellar example of a Catholic business school dedicated to educating leaders of faith and instilling ethical and social responsibility.<\/p>\n<p><a title=\"Contributors\" href=\"https:\/\/blogs.stthom.edu\/cameron\/contributors\/#donaldnesti\">Fr. Donald S. Nesti, CSSp<\/a><\/p>\n<p>Director, The Center for Faith and Culture<\/p>\n<p><a href=\"https:\/\/blogs.stthom.edu\/cameron\/tag\/donald-nesti\/\">See more posts by this author<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ever since I saw the two movies, The Smartest Guys in the Room and Inside Job, I have been plagued with the question of how business ethics are taught in business schools.\u00a0 More specifically, what makes the teaching of business ethics in business schools at Catholic institutions of higher education different from the way they&hellip;<\/p>\n","protected":false},"author":5,"featured_media":171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34,46,36,48],"tags":[66,67,68,275],"class_list":["post-172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-experience","category-ethics","category-faculty","category-leadership","tag-catholic-business-school","tag-center-for-faith-and-culture","tag-donald-nesti","tag-ethics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - 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