GREAT ARTICLE in business week [thanks for the hat tip chinaview!]

It is worth going over there now to read it, but I will highlight my favorite points:

The most dangerous thing being produced in China is neither lead paint-laden toy cars nor magnet-spewing Polly Pocket dolls and Batman action figures. Rather, it is a booming capitalist culture that, far too often, places value over values.
……………………..
But it won’t get at the real issue: the need to instill in China’s burgeoning population of factory owners and managers the fundamental idea that the only way to sustain a business—indeed, the only way to sustain Chinese capitalism—is to make sure that they cultivate a sense of social responsibility.
……………………..
Yet all of it was premised on a notion that, all too often, gets lost in the never-ending race to produce more and more goods at ever-cheaper prices. “The first responsibility of a professional,” Drucker explained, “was spelled out clearly, 2,500 years ago, in the Hippocratic oath of the Greek physician: Primum non nocere, ‘above all not knowingly to do harm.’” More than anything else, Drucker said, this “is the basic rule of professional ethics.”
……………………..

Please read full article.

Trackback URI | Comments RSS