Saving the Corporate Soul--and (Who Knows?) Maybe Your Own

BOOKS ⚡ Saving the Corporate Soul--and (Who Knows?) Maybe Your Own Author David Batstone –
  • Hardcover
  • 288 pages
  • Saving the Corporate Soul--and (Who Knows?) Maybe Your Own
  • David Batstone
  • English
  • 14 December 2018
  • 9780787964801

About the Author: David Batstone

David Batstone, Ph.D., is Professor of Ethics at the University of San Francisco His book Saving the Corporate Soul Who Knows Maybe Your Own won the prestigious Nautilus Award for Best Business Book Batstone also serves as Senior Editor of the business magazine Worthwhile, and was a cofounder of Business 2.0 Batstone appears regularly in USA Today s Weekend Edition as America s ethics

Saving the Corporate Soul--and (Who Knows?) Maybe Your OwnEvery Day The Media Reports On The Latest Corporation Guilty Of Financial Misconduct And Public Deception Insider Trading, Fraudulent Accounting, Outlandish Executive Pay And Perks A Steady Stream Of Scandals Scars The Business Landscape But The Corporate Crisis Is As Much Spiritual As It Is Financial More Than Ever, The Time Is Ripe For Saving The Corporate Soul, In This Hard Hitting, Thought Provoking Book, David Batstone Shows That A Corporation Has The Potential To Act With Soul When It Aligns Its Missions With The Values Of Its Workers And Puts Its Resources At The Service Of The People It Employs And The Public It Serves He Offers Companies And Their Employees Eight Sound Principles For Doing The Right Thing And Citing Examples From Firms Like Timberland, General Motors, Clif Bar, And BP Offers Evidence That Principled Companies Will Excel Financially Over The Long Haul

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10 thoughts on “Saving the Corporate Soul--and (Who Knows?) Maybe Your Own

  1. Mark Oppenlander says:

    I think that I started this book with the wrong expectations David Batstone is a Christian and an entrepreneur and has in his career been an editor with Sojourners magazine and a prime mover behind the Not for Sale anti human trafficking campaign Based on those credentials and the book s title, I expected this to be a thorough examination of the spirituality of work and what it means to be a person of faith in business Perhaps Batstone would even touch on one of my favorite topics, the spiritual aspects of the business entity e.g the corporation itself.None of that was really what this book was about Instead, Batstone, writing in the wake of the Enron and WorldCom scandals of the past decade, lays out a systematic approach to deciding whether you, or the organization you work for, have soul I was initially disappointed at this auditing approach This was yet another book on what it means to be ethical in business, with very little explicit spirituality.Once I accepted that this was not the book I had anticpated it would be, I began to appreciate it on its own merits Batstone does a good job of exploring the various stakeholders to which a business has an obligation Without stating it directly, he makes it clear that he does not feel the purpose of a business is just to make money, a position our business school has long promoted as well He explores all the ways businesses can add value by being attentive to their employees, their local and global community and the physical environment.However, the real value in the book lies in Batstone s case studies For many of his audit points, he finds a company that is doing well on that metric and then describes what they have done that is noteworthy He then provides a description of how they do it, what led them to behave this way and what they have learned about themselves and their business in the process Each of these case studies and stories is derived largely from one on one interviews he conducted with key players within the firm These anecdotes and examples are probably worth the price of admission on their own.

  2. Marshall says:

    I guess this book is best summarized by a quote he likes by Russell Ackoff from Wharton Business School Profit is a means, not an end of a business That s like saying hammering is a means, not an end of a hammer Business is a tool that was designed for the sole purpose of creating profit Try to use it for anything else, and it s not really a business any It starts to look like a charity, an extremely valuable tool in its own right, but there s a reason charities are called non profits Profit poisons charitable deeds as much as charitable deeds poison profits.This book is constantly flirting with that fine line between business and charity He tries to show that doing good is not just good for the soul, but also the bottom line How He s a bit cagey about the details Maybe it s something to do with your customers and employees not hating you Or maybe it s because of fewer lawsuits and regulatory troubles This book is long on tales of various companies becoming enlightened and learning to become better members of the community, and short on details of how they accomplished it, or how it helped their bottom line.That s not to say that a company can t or shouldn t become a better member of the community or that doing so is anathema to profits It s just that we should be really clear about why companies exist to make money If management changes something, they d better be able to justify it against the bottom line, or they re looking at shareholder lawsuits, and rightfully so they were tasked with a mission generate profits and they got lost in do gooderism, the realm of charities We can t and shouldn t expect companies to be good members of the community because it s the right thing to do, but only because it is profitable or because the government forced them.Along with the stories of companies becoming enlightened is a lot of cliche liberal sound bites For example, when discussing equality, he makes the common error of assuming equality of outcome is the same as equality of opportunity, a classic correlation implies causation fallacy He congratulates certain companies for having a balanced employee mix, which might be due to cracking down on discrimination, or could just be that the industry has plenty of interest from diverse groups Most industries are not this lucky Imagine a basketball team, or a dental hygiene college trying to rely on outcome as its only measure of opportunity Basketball attracts predominantly blacks, and dental hygiene attracts predominantly women If they tried to balance things out, they could only do so by discriminating , not less, which should not be the goal All that should matter is that any given applicant is not turned away based on superficial criteria, not some broad statistic of class divisions.He also has the annoying habit of lumping in very different classes into one class, women and minorities, to imply some kind of universal underprivileged class Even if we split them, the category of minorities is too broad to be meaningful It seems to be code for all people without white skin and maybe Jews Some of these groups are doing quite nicely, and others are struggling enormously They do not belong in the same group And women should definitely not be lumped in with them Imagine a class being treated as underprivileged that has always traditionally been shielded from violence and work by the other class This tradition may put women at a disadvantage in the workplace, since that s not traditionally their role, but they are not underprivileged in the way that, say, blacks and Hispanics are The assumption that they are is how we get best selling books like Lean In in which a wealthy female corporate executive complains of being oppressed because she sometimes feels insecure.

  3. Wellington says:

    It wasn t quite what I expected Still there were enough tidbits of information to make this worthwhile.

  4. Rob the Obscure says:

    Interesting thoughts, but not pragmatic and very idealistic Ain t gonna happen A profound misunderstanding of the nature of capitalism Needs to read some Weber, or Hannah Arendt.