Wednesday, March 18, 2009

http://www.minyanville.com/articles/GS-C-ms-school-business-MBA/index/a/21695/from/yahoo

And here lies the problem all of those "Everybody's doing it" people are now somehow supposedly picked as prime candidates to run this country and resolve this very same mess that they created. I say supposedly because
greasing the wheels of a presidential candidate or just being from the same fraternity can get you positioned into a choice position, but it does not mean you have the intelligence factor needed to help run this country!

If business schools are in need of an image adjustment, one place to start is their ethics. To me, an exasperating part of the whole sad Wall Street saga is the conspicuous lack of a mea culpa. Executives just can’t stomach apologizing. Elsewhere in the world, apology is commonplace - heck, in China, they execute perpetrators of corporate malfeasance.

But these individuals are products of their environments. According to a study of cheating among graduate students, published in 2006 in the journal Academy of Management Learning & Education, 56% of all MBA students cheated regularly - more than in any other discipline.

The reason was “perceived peer behavior” - in other words, students thought everyone else was doing it.

Sounds familiar, doesn't it?