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Home > Blog > Winning the War for Talent
Out of Our Minds
Wednesday, October 06, 2004 10:02 AM
Winning the War for Talent
Kevin Salwen on Business

A new survey of MBAs by The Committee of 200, an organization of leading women business owners and corporate executives, offers a mighty bleak picture for corporate America. More than three out of five MBA students and MBA grads say that American business is not 'honest and ethical.' The data are particularly dreary for women, two-thirds of whom don't think businesses are honest and ethical.

There's more:
-- Nearly three-quarters of MBA graduates (74.9%) do not agree that businesses 'care about employees;'
-- seven out of 10 (69.7%) do agree that businesses pay the people who run them too much money;
-- and the majority (55.5%) do not agree that businesses 'do good things for their communities.'

Some will argue there's no great surprise here. After all, we're still living in the aftermath of Enron, WorldCom, Tyco and the like. But there is great opportunity in these survey results too: Companies that 'get it' are changing the way work is done. They are treating employees like teammates, increasing productivity through creativity, understanding that work has to be about mission and passion. Want to grab the next generation of best and brightest??? Show that your company is a cut above -- not in earnings per share but in ethics per person.

Thanks to Curt for passing along the survey.


Al - 10/10/2004 9:23:47 AM
You said 'Some will argue there's no great surprise here. After all, we're still living in the aftermath of Enron, WorldCom, Tyco and the like.'

I'd argue that this behavior is a direct result of the softening of ethics and morals in everyday life. Absolutes have been replaced with 'it depends', 'just do it' (as in don't worry about the consequences), celebrities with a host of moral problems who are then help up as role models, etc.

From what I can see, expect more Enron's & Tyco's. We need to be teaching kids right and wrong. And even for the families that do teach right and wrong, this relativism is like a second hand smoke that is hard to filter out.

The left talks about these topics in the framework of creating new laws. They never seem to grasp that we need to teach right and wrong so people will choose the right way.
Jory Des Jardins - 10/6/2004 12:09:23 PM
I find it interesting that a group of women conducted this survey. I find that women are fast becoming the rabble rousers of the business world.

I, of course, am a woman.


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