OK, yeah, it’s kind of ridiculous that we even have to say some of this stuff out loud (“I will act with utmost integrity and pursue my work in an ethical manner”). But a bunch of Harvard MBA’s are supporting ethical business practices by signing an MBA oath to, basically, be good people. I support the effort wholeheartedly.
The oath can be found here, and it’s full of stuff that you have to nod your head to. It is sad that the distorted incentives that have led to the financial crisis have prompted us to need this oath — one would hope that most people would agree and live by the principles that these students espouse. But, in an era where it is easy to play the blame game and to pass the buck to future generations, the government, or shareholders, I applaud managers supporting an ethic of individual responsibility and sustainable profitability.
I guess the journey of 1,000 miles starts with just one step…..
Posted by econophile 
