Archive for February, 2006

Feb 28th 2006 Robert Phillips

Running an organization does not license a manager to violate the norms and standards of society, but instead introduces a brand-new set of moral considerations based on stakeholder obligations. In respect of normatively legitimate stakeholders (e.g. financiers, employees, customers), the ethics of business implies more obligations rather than less.
Robert Phillips

No Comments » Posted by Administrator / Ethics and Social Responsibility

Feb 28th 2006 Albert Z. Carr

Poker’s own brand of ethics is different from the ethical ideals of civilized human relationships. The game calls for distrust of the other fellow. It ignores the claim of friendship. Cunning deception and concealment of one’s strength and intentions, not kindness and openheartedness, are vital in poker. No one thinks any the worse of poker on that account. And no one should think any the worse of the game of business because its standards of right and wrong differ from the prevailing traditions of morality in our society.
Albert Z. Carr

No Comments » Posted by Administrator / Ethics

Feb 26th 2006 Charles Handy

We need to eat to live; food is a necessary condition of life. But if we lived mainly to eat, making food a sufficient or sole purpose of life, we would become gross. The purpose of a business, in other words, is not to make a profit, full stop. It is to make a profit so that the business can do something more or better. That “something” becomes the real justification for the business.
Charles Handy

No Comments » Posted by Administrator / Miscellaneous

Feb 26th 2006 Jim Loehr and Tony Schwartz

On the playing field or in the boardroom, high performance depends as much on how people renew and recover energy as on how they expend it, on how they manage their lives as much as on how they manage their work. When people feel strong and resilient-physically, mentally, emotionally and spiritually - they perform better, with more passion, for longer. They win, their families win, and the corporations that employ them win.
Jim Loehr and Tony Schwartz

No Comments » Posted by Administrator / Organizational Behavior and Success

Feb 25th 2006 Bowen H. McCoy

Isn’t stress the real test of personal and corporate values? The instant decisions executives make under pressure reveal the most about personal and corporate character.
Bowen H. McCoy

No Comments » Posted by Administrator / Decision and Values

Feb 24th 2006 Samuel Johnson

Prudence operates on life in the same manner as rules on composition; it produces vigilance rather than elevation, rather prevents loss than procures advantages; and often escapes miscarriages, but seldom reaches either power or honour. It quenches that ardour of enterprize, by which every thing is done that can claim praise or admiration, and represses that generous temerity which often fails and often succeeds. Rules may obviate faults, but can never confer beauties; and prudence keeps life safe, but does not often make it happy. The world is not amazed with prodigies of excellence, but when wit tramples upon rules, and magnanimity breaks the chains of prudence.
— Samuel Johnson

No Comments » Posted by Administrator / Miscellaneous and Personality / Behavior

Feb 22nd 2006 Roy Spence

People get confused between purpose, mission statements, and vision. “Mission” is basically how you execute your purpose, and vision is a statement of how you see the world after you’ve done your purpose and mission.

But purpose is the deepest river: You start with “What difference are you trying to make?” Your tactics will change, your ads will change, your mission might too, but your purpose never will.
Roy Spence

No Comments » Posted by Administrator / Mission and Values

Feb 22nd 2006 Roy Spence

I believe that because of the acceleration of technology, consumers will make a purchase decision based not just on what you sell, but on what you stand for. I’m not talking about morals — morals are arguments that no one wins. But values are great connectors.
Roy Spence

No Comments » Posted by Administrator / Marketing and Values

Feb 21st 2006 Robert E. Kelley

IQ does not separate the star from the average performer. Every job has an IQ hurdle that people have to jump over, but whether you jump it and just barely clear it or whether you jump it and clear it by 30 extra points doesn’t seem to make a difference. People get mistakenly fixated on IQ as a predictor of success. There is data that says that when you look at the whole IQ range from zero to 180, that the better the IQ, the better the performance, but that’s because you are looking at a wide range of people. Once you get into a certain profession, that’s where the theory falls apart. Within professions — where you are talking about people who already have at least average, and more than likely above average IQs to start with — then IQ seems not to play a role.
Robert E. Kelley

No Comments » Posted by Administrator / Human Resources and Intelligence

Feb 20th 2006 Aaron Oppenheimer

In the past, he says, adding features usually meant adding costs. Put a sound system or power windows into a car, and you’ve upped the price, so you better make sure consumers really want what you’re peddling. But in the digital world, that cost-benefit calculus has gone awry…Technology is this huge blessing because we can do anything with it, and this huge curse because we can do anything with it.
Aaron Oppenheimer

No Comments » Posted by Administrator / Innovation and Marketing