New Book on New Capitalism

Check out this interesting compilation:

http://www.infoagepub.com/index.php?id=9&p=p488dd42f6f793

Doing Well and Good
The Human Face of the New Capitalism
Edited by:Julian Friedland, University of Colorado at DenverA volume in the series: Ethics in Practice. Series Editor(s): Robert A. Giacalone, Temple University and Carole L. Jurkiewicz, Louisiana State University In Press 2009

Ethical business creates social value. That’s the theme of this bold new volume, heralding and defending this rapidly-growing new conception of capitalism making its way into the mainstream. It provides clear and succinct guidelines for how to evaluate what counts as an ethical business as well as how and why ethical businesses tend to succeed better over the long term. The book is jargon-free and targeted primarily at thought leaders and academics in business and philosophy who will want to use it in their business ethics classes. Each chapter has been selected for its ability to engage a wide audience without oversimplifying the content.All twelve chapters are original and authored by leading business ethicists including William Shaw, Tony Simons, Duane Windsor, and Mark Schwartz. Each piece makes use of recent empirical evidence or ethical theory (or both) in order to present a detailed yet overarching picture of what ethical business looks like--and how to achieve it--in today’s global environment. It is thus divided into three subsections:1. The Role of Corporate Culture2. A New For-Profit Paradigm3. Making the Change Happen: Voluntary and Regulatory ExamplesPerhaps the book’s greatest strength is its blending of cutting-edge philosophy, psychology, and management theory into a cohesive, provocative, and accessible format. Hence, it promises to launch a wide discussion of what exactly we should expect the moral duty of business to be.

TABLE OF CONTENTSIntroduction: Ushering in the New Capitalism, Julian Friedland.
PART I: THE ROLE OF CORPORATE CULTURE. Getting Business Off Steroids, Maximilian B. Torres. Does Corporate Social Responsibility Affect Consumer Behavior? Larry Howard. Facing the Stakeholder Trust Gap, Michael Pirson.
PART II: A NEW FOR-PROFIT PARADIGM. Being Serious About Being Good, Eugene Heath. Transforming the Ethical Culture of Organizations, Steve May. Beyond the Invisible Hand, William H. Shaw. Beyond The Bottom Line: A Shifting Paradigm for Business? Mark S. Schwartz.
PART III: MAKING THE CHANGE HAPPEN: VOLUNTARY AND REGULATORY EXAMPLES. The Integrity Dividend and “Doing Good”, Tony Simons. Determining a Job Candidate’s Ethics Profile: Integrity, Personality, and Moral Reasoning Level Tests, Denis Collins. Multinational Corporations and Basic Health Services, Duane Windsor. Legislative Excess or Regulatory Brilliance? Corporate Governance After Sarbanes-Oxley, Gwendolyn Yvonne Alexis.

in the news

Hi There,

Check out a Cranfield School of Management discussion with Heiko Spitzeck:

A fresh perspective from Heiko Spitzeck and an international team of academics and practitioners challenges current business orthodoxy. It offers an authoritative basis for a new wave of business: it investigates the possibility of creating a human-centred, value-oriented society from humanistic principles
Published: 26 February 2009
ISBN:978-0521727624 - Purchase from Amazon

Best,
Michaell

Late but interesting insight.. Jack Welch

Look at this:
Jack Welch, a protagonist of Shareholder value maximization, now calls it the dumbest idea in the world..

Read the Financial Times interview:

http://us.ft.com/ftgateway/superpage.ft?news_id=fto031220091430053057

Enjoy!

Michael

Humanism in Business- Book Out at Cambridge University Press

Hi Everybody,

In March our first volume on Humanism in Business will finally appear at Cambridge University Press.

Have a look! There is a cheaper paperback version available.

All the best,
Michael


http://www.cambridge.org/us/catalogue/catalogue.asp?isbn=9780521727624


http://www.amazon.com/Humanism-Business-Heiko-Spitzeck/dp/0521727626/ref=ed_oe_p

Call for Cases- Corporate Sustainability and Social Entrepreneurship

Hi Everyone,

The Humanisitic Management Network is sponsoring the oikos Case Writing competition for Corporate Sustainability and Social Entrepreneurship.
See more here:
http://www.oikos-international.org/en/projects/cwc.html

All the best,

Michael

interesting workshop on alternative organizational design

THE ARCHITECTURE OF A FOURTH SECTOR —THE THEORY AND PRACTICE OF DESIGNING NEW ORGANIZATIONAL FORMS Tuesday, July 15, 2008 12:30 pm – 2:00 pm KLD Research & Analytics250 Summer Street, 4th Floor, Boston, MA Lunch and refreshments will be provided. * * *Space is limited -- please RSVP as soon as possible to Michael Pirson, mpirson@fas.harvard.edu, 857.869.9604

Lunch sponsored by Slow Money, a new NGO designing intermediation that supports local food systems.* * *
Over the past few decades, many pioneering organizations across the three primary sectors – business, non-profits and government – have been blending social purposes with business approaches. There are many expressions of this trend, including corporate social responsibility, microfinance, venture philanthropy, sustainable businesses, social enterprise, privatization, community development and others. As this activity matures, it is becoming formalized as a “Fourth Sector” of the economy. As the Fourth Sector expands, organizations are encountering limitations imposed by existing legal and tax structures. Despite the many creative solutions that have been developed within the current regulatory environment, there is a growing consensus that new legal structures, tax policy, and other regulatory interventions might be necessary to facilitate the growth of these organizations.
AGENDA:
Moderated by Marion Fremont-Smith, Senior Research Fellow, Hauser Center for Nonprofit Organizations, Kennedy School of Government, Harvard University How We Got Here: A Brief History of Corporate Design – Peter D. Kinder, President & Co-founder, KLD Research & Analytics, Inc. The Theory and Practice of Designing New Organizational FormsApplying the laws of natural science to new organizational forms that aremore efficient, competitive, accountable and ecologically sustainable.– Dr. Shann Turnbull, Principal, International Institute for Self-governanceRoundtable Discussion:
What opportunities are represented by a Fourth Sector? What are the obstacles to its emergence?
What are the arguments against a Fourth Sector? Is it needed? Is it efficient? Is it competitive? Is it sustainable?
Why is there a gap in university education on the theory and practice of designing organizations?
By what process do we create a model corporate charter that defines the Fourth Sector archetype?
How might a Fourth Sector be implemented through tax policy, monetary and/or legislative initiatives?
How do you build a political constituency to support organizational transformation?
PRESENTER BIOS:
Marion Fremont-SmithMarion Fremont-Smith is senior research fellow at Harvard University’s Hauser Center for Nonprofit Organizations and the author of the definitive study Governing Nonprofit Organizations: Federal and State Law and Regulation (Harvard University Press, 2004). She has penned two other books and numerous articles. Ms. Smith’s distinguished legal career includes admission to the bar of the United States Supreme Court and service as Assistant Attorney General and Director of the Division of Public Charities in Massachusetts. A retired partner of Choate, Hall and Stewart, she is also a former director of Independent Sector. Ms. Fremont-Smith earned her B.A. from Wellesley College and her J.D. from Boston University School of Law.Shann Turnbull, Principal, International Institute for Self-governanceShann Turnbull researches and teaches corporate governance in Australia on a part time basis for the Macquarie University Graduate School of Management where he obtained his PhD in 2001. His PhD thesis showed how the science of control and communication in the animal and the machine could be extended to organisations to create a science of governance as presented in his articles. His thesis built upon his education as an electrical engineer in Tasmania, BSc from the University of Melbourne and an MBA from Harvard.>From 1966 to 1974 he was a founding partner in a private group that gained control of over a dozen publicly traded corporations in Australia. This gave him experience as a controlling shareholder, company director, chairman of one company, and CEO of two others. As a serial entrepreneur founding new enterprises, some of which became publicly traded, he gained further experience as a Chairman and CEO. He also became joint CEO/owner of a mutual fund management company. In 1975 he founded the first educational course in the world to provide an educational qualification for company directors and published his first book on Democratising the Wealth of Nations. The novel ideas in his book led to consulting assignments for multi-national corporations, United Nations, World Bank, and governments, including in 1991 the Peoples Republic of China and Czechoslovakia.Since 2001 he has been rating the governance of the largest 100 organisations in Australia by turnover and introduced an MBA elective at Macquarie University on evaluating and designing the governance architecture of organisations in the government, non-profit and private sectors. His latest book was commissioned by the New Economics Foundation in London and published in 2002 as A New Way to Govern; Organisations and society after Enron.Peter D. Kinder, President & Co-founder, KLD Research & Analytics, Inc. Peter D. Kinder is President and Co-founder of KLD Research & Analytics, Inc. an independent investment research firm providing management tools to professionals integrating environmental, social and governance factors into their investment decisions. His articles on socially responsible investing and fiduciary duties have appeared in publications in the US, Canada, the UK and India. His most recent think piece “Socially Responsible Investing: An Evolving Concept in a Changing World” is available on KLD’s website, together with a number of his essays.Mr. Kinder, Steven Lydenberg and Amy Domini are the authors of The Social Investment Almanac (Henry Holt, 1992) and Investing for Good (HarperBusiness, 1993). He collaborated with Amy Domini on Ethical Investing (Addison-Wesley, 1984). He also co-authored Law and Business (McGraw- Hill, 1982/94). With Steven Lydenberg, he wrote “Mission-Based Investing” (1999) which is about to appear in a revised edition.Mr. Kinder was a co-founder and principal (1997-2000) of Domini Social Investments, LLC. KLD is a co-founder of the Sustainable Investment Research International Group (SiRi) and he has served on its board. Mr. Kinder has served two terms on the board of the U.S. Social Investment Forum, the SRI trade organization, one as Vice Chair.

Interesting Paper on Legal Alternatives for humanistic businesses

Hi everyone,

Here is an interesting paper exploring humanistic business alternatives.


Anup Malani & Eric A. Posner, The Case for For-Profit Charities 17-18 (Univ. of Chi. John M. Olin Program in Law and Econ., Working Paper No. 304, 2006), available at
http://papers.ssrn.com/sol3/Jeljour_results.cfm?nxtres=41&form_name=journalBrowse&journal_id=164009&Network=no&SortOrder=numHits&stype=desc&lim=false

All the best,
Michael