MBA graduates and CEOs will soon be asked to take pledge like doctors and lawyers. The folks behind the plan believe that a lack of such an oath contributed to the Great Recession of 2009.
Drafted by the Harvard Business School in association with the forum of Young Global Leaders of the World Economic Forum (WEF), the oath is aimed to instil moral and ethical values in how business is done and ...how an enterprise is run.
The Global Business Oath—or the Davos Oath, since it will be announced at the WEF meet in Davos later this month—comprises two parts. One is the MBA Oath, which will be taken at B-Schools by graduating students to become responsible managers, similar to the Hippocratic oath for doctors. The second is the Business Oath, which will be taken by business leaders.
But will this weed out the Ramalinga Rajus of the world?Though not binding in nature, business tycoons and aspiring business tycoons participating in WEF are said to have given their consent to take the oath. The 100-member strong forum of Young Global Leaders have pledged their support to the initiative.
Drafted by the Harvard Business School in association with the forum of Young Global Leaders of the World Economic Forum (WEF), the oath is aimed to instil moral and ethical values in how business is done and ...how an enterprise is run.
The Global Business Oath—or the Davos Oath, since it will be announced at the WEF meet in Davos later this month—comprises two parts. One is the MBA Oath, which will be taken at B-Schools by graduating students to become responsible managers, similar to the Hippocratic oath for doctors. The second is the Business Oath, which will be taken by business leaders.
But will this weed out the Ramalinga Rajus of the world?Though not binding in nature, business tycoons and aspiring business tycoons participating in WEF are said to have given their consent to take the oath. The 100-member strong forum of Young Global Leaders have pledged their support to the initiative.
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