Tuesday, March 17, 2009

Monsters who SELL SHORT

Original from BNET
http://blogs.bnet.com/mba/?p=453&tag=homeCar
http://tinyurl.com/corogj - for Twitter
IN SHORT
In a Q&A with reporter Gordon Pitts, Cunningham lays out the problems as she sees them, and offers a new vision for future business leaders. Here are some nuggets from their conversation:
Business school have created monsters.
Too much focus on individual success and competition between companies makes people forget that they’re part of a larger social system to which they are accountable. As Cunningham says:
Business schools have to take a very hard look at themselves to see the kind of people we are graduating and take our responsibility very much to heart in terms of the models we use to graduate these people.
Wanting to get rich is fine, but it’s not sustainable as a sole motivation.
‘Greed is good’ may have been Gordon Gekko’s motto in the hit movie “Wall Street”, but Cunningham says, “If what it takes to make one person rich is to make two-thirds of the rest of the world poor, I don’t think that’s a sustainable model.”
Turning out more public administration grads is not necessarily the answer.
Citing the eight-year lag between the entrenchment of the Internet and the first legislation to protect online privacy, Cunningham is skeptical about the government’s ability to take the lead in new technologies. “Even though I might be very critical of business, business is going to be the engine that drives new technologies that will make business itself more sustainable.”

TO: President Obama
From: Alonzo Peters MD

STOP NEGATIVE SPECULATION WITHIN THE MARKET AND YOU WILL CREATE FAITH IN THE SYSTEM! UNDERWRITE MICRO-ECONOMIC LOANS TO FEED AND CLOTHE THE CITIZENS. STOP GIVING AWAY THE BILLIONS. GIVE EACH CITIZEN WITH A BIZ PLAN THE RIGHT TO MESS UP


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