Purpose of Corporation is profits?

Is Maximization of corporate profit the mission or main purpose of a corporation? What are other “purposes” and obligations? Present an in-depth “Ethical Guidebook” for executives and managers in a large corporation. Give your comments or examples which supports this case.
This post will be end on 28th monday midnight. The leader of this post was [...]

Should CEOs be rewarded for failure?

It is commonplace for CEOs of  large American corporations to receive huge paychecks, even when the companies they are entrusted to lead are losing market share, cash and share value. If a company does well, how well should the CEO be rewarded? When the company deteriorates, should the CEO be given a substantial increase in pay? [...]

Ethics - Duty - Emotions

 The situation is between father and son. Suppose if you are a police officer (father) and your son committed a crime, you had two choices. One is to turn in your son because it is the ‘RIGHT’ thing to do and the other is to protect your son by doing the ‘DUTY’ of the father [...]

Is Outsourcing Unethical?

With today’s economy, the confidence and trust in our business and government leaders have Americans putting their money under their mattresses. The “microwave-generation” mentality has Washington scrambling, putting pressure on companies to find ways to increase their profitability to appease shareholders, as power-hungry politicians manipulate to keep their jobs in the next term.
The outsourcing of [...]

What Causes Unhappiness?

Consider this statement from a participant in a Brook of Life Retreat: “I do not know of anyone who consciously seeks unhappiness, yet we act in ways that bring unhappiness upon ourselves!”
Here’s what attendees of a Brook Twilight Seminar “7 Secrets for Happiness,” said about the causes of unhappiness (these are just a few examples):
Being [...]

The Frog and the Snake

Freddy screeched with glee as Sammy slithered up the slopes of riverbank, giving him a kiss with a hiss. “You may play with Sammy on the riverbank, but you are never to go into the river with him,” Mama Frog had warned, repeatedly.
“Let’s go checkout the island, Freddie,” Sammy smiled slyly one day, pointing to [...]

The Parable of the Mango Tree

In Mangoland, where mangos were the currency of trade, a bushel of the golden beauties was equivalent to $1 million in our money. Johnny, an up-and-coming Mangoland executive, was desperate to use his skills and experience to acquire mangos - to consume and to hoard. The orchards were owned by Mangotycoons, Mangolords and Mangopreneurs. One night, [...]

Purposeful Wisdom - can it help you improve your life?

Many times in life we wish we had known earlier what we learn later from our experiences. Purposeful Wisdom is all about learning from the experiences of others and applying their wisdom in your own life. This does not mean that you automatically learn by reading, but you may learn through projecting the philosophy into [...]

General Motors in Free Fall - A Case Study with Purposeful Action

This is a special discussion of a case study applying the Four Principles of Purposeful Action to GM’s decline over the past two decades, with special focus on the company’s most recent and rapid deterioration.
General guidelines are included at the end of this post.
The case study is centered on two discussion topics.
1.   Discuss GM [...]