Monthly Monday Book Review for June’2014 – Business Ethics: A Critical Approach: Integrating Ethics Across the Business .

It’s first Monday of June. Time for Book Review!

Enjoy the Book Review with steaming hot coffee.

Book Name – Business Ethics: A Critical Approach: Integrating Ethics Across the Business

Edited by –  Patrick O’Sullivan, Mark Smith, Mark Esposito

Official description of the Book

Events such as Trafigura’s illegal dumping of toxic waste in Côte d’Ivoire and BP’s environmentally disastrous oil spill in the Gulf of Mexico have highlighted ethical issues in international business at a time when business leaders, academics and business schools were reflecting on their own responsibilities following the global financial crisis. The scope and scale of the global operations of multinational businesses means that decisions taken in different parts of the world have far reaching consequences beyond the national settings where employees are located or where firms are registered and as such, an awareness of these responsibilities needs to be integrated into all levels and all subjects.

Using four guiding principles – a critical multilevel approach rooted in the tradition of European social theory, a comparative and international perspective, a global rather than just a European or American stand point and engaging with subject-specific issues this book aims to ‘mainstream’ business ethics into the work of teachers and students in business schools. This comprehensive volume brings together contributions from a range of experts in different areas of business studies thereby facilitating and encouraging a move away from business ethics being a box to be ticked to being an integrated consideration across the business disciplines.

This impressive book brings ethical considerations back to the heart of the business curriculum and in doing so, provides a companion for the progressive business student throughout their university career.

What’s in the Book?

It is divided into 7 parts – Introduction, Organizational Strategy, Finance and Economics, Organizational Behavior, Marketing & Innovation, HRM & Employee relations and the ethical future. Except the Introduction and ethical future, all others parts talk about role of ethics in that particular business area.

What I liked the most?

  1. I love the fact that the book is presented as business cases and moral questions each of those cases arise. And this is brilliant considering the book is about ethics.
  2. The next thing I liked the most is that the book features a chapter on Conserve India. They have told the entire story of Conserve India in that 1 single chapter. It gives answers for so many Q we keep getting.
  3. It is quite impressive because even though the book talks about ethics book they variety in terms of business. The take about oil industry (bp), fashion or social issues (conserve India), software (apple computers) etc.
  4. The inclusion of pictures is brilliant. The core idea of book is “ethics” or theory. But the addition of pictures makes it even more interesting and gives a different twist to theory
  5. Last but not the least, upon reading the book, every word in the book will make you think and act ethically regardless of your moral values.

Did you know?

Green Technology is expected to be major growth sector promising to generate profits and employment Lot of literature in regards to this is showcased in this book.

What was the surprise?

“Philanthropy by design” was a real surprise. After all, Philanthropy is always connected to money.

Verse to remember

“There is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud” – Milton Friedman

Crowning glory

Every girl loves to own all fashion brands in the world. But there is this special dress that she loves to wear on very special occasion.

On that note, You may have affordability and accessibility to world’s top most fashion designers. But a very simple handmade dress with mom’s love is the ultimate joy

On that note, every story is great and there is no differing opinion on that.

But, the greatest, the most beautiful and the most impressive of all is “The Beauty of connecting design and ethics”

This Chapter features the product designing and innovation at Conserve India

So, have you read this book? If yes, were our views different?

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