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Effective Executive Magazine:
Business Schools : Can They Restore Ethical Leadership
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A king can easily cross the oceans of the world with kingly duties as his boat, urged on by the breeze of gifts, with the scriptures as the tackle, intelligence as its helmsman and kept afloat by the power of righteousness.

 
 
 

"It is probably true that business corrupts everything it touches", said Eric Hoffer, an American social writer. Does it mean that no one should touch business? The answer is: an unequivocal "No", for that is not what it means. All that it says is: Don't get corrupted by business. Now, the natural fallout of this is another question: Who should not get corrupted? Obviously: the leader, for it is the leader who heads a business - the organization created to carry out whatever business it undertakes - and steers it through for success.

It otherwise means that business leaders must be conscious not to get corrupted, for it drives away `trust' from businesses. Secondly, "Our market system depends critically on trust." Trust is the bedrock of business organizations - all transactions ultimately rest on personal, emotional, and social trust. Which is why, it is often said that it is not desirable to carry out business in an atmosphere of `no trust'. It is indeed said that in the absence of trust and cooperation between businessmen, the state would collapse soon. Yet, human beings, as Roderick Kramer observed, are naturally predisposed to trust. This propensity to trust indeed makes each one of us vulnerable to: all pervasive abuse.

 
 
 

Effective Executive Magazine, Business Schools, Ethical Leadership, American Social Writer, Business Organizations, Business Leaders, Globalization, Investment Banks, Central Banks, Global Financial Markets, Global Economic Crisis, Business Education, Economic Enterprises.