Business Ethics 3.0

Business Ethics 3.0

by Erhard Meyer-Galow
Released May 2018
Publisher(s): De Gruyter Oldenbourg
ISBN: 9783110572421

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Book description

The reputation of business managers is declining due to their disregard for moral decisions and ethical practices. Business students are currently taught only technical knowledge without concern for being compassionately and holistic engaged. However, when entering the business sector these graduates encounter a world which necessitates difficult, personally challenging decisions, ones for which technical knowledge is insufficient.

Successful, sustainable resolutions can only be expected to result from a holistic, sustainable approach which accommodates the difficulty in balancing ethical practices with the demands for ever-increasing profits.

This unique graduate textbook addresses the issue of business ethics from the perspective of an individual’s internal growth facilitated by a consideration of the principles of depth psychology, spiritual wisdom, meditation, and quantum physics, written by a CEO with an enormous business background.

It not only promotes a new ethical approach, but also addresses the implementation of this new approach in the most important business sectors as a replacement for previous ineffective codes of conduct which have failed.

It’s a must read for business students with aspirations of becoming managers or entrepreneurs in the economic sector as well as for all young professionals, managers and entrepreneurs to improve their ethical performance and sustainable success.

Message from the author

This book creates an impetus for change in a business world where unethical practices are rampant by providing a suggested a New Integral Ethics for the economy, an ethical approach based upon inner psychological and spiritual development arising from a serious consideration of Depth Psychology.

Readers will learn how adoption of specific Practices, which lead to inner growth and spiritual maturity, will result in ethical, morally sound business practices not because they are mandated, but because once the SELF is actualized, you cannot do otherwise. Laws, appeals and directives which have never successfully resulted in ethical practices become unnecessary, replaced by intrinsically ethical individuals who collectively influence corporate ethical behaviour. This is a giant leap into a new dimension in our globalized, digitized economy.

"Business Ethics 3.0, by Erhard Meyer-Galow provides a much needed beacon of light to a segment of our society that seem to be sinking deeper and deeper into darkness. The term "business ethics", once an important topic within the business community, has slowly descended through the fog of profitable ends justifying unprincipled means to become nothing more than a self-contradictory oxymoron -- especially among large international corporations. In Business Ethics 3.0, Erhard Meyer-Galow has taken a fresh approach that appeals to individual personal growth rather than the usual proffering of academic arguments that are not implementable in the real world of relentless Machiavellian competition. Only through raising and improving individual awareness and responsibility can real long-term change have a chance of developing. Business Ethics 3.0 is on the right track with a positive and compelling message…may it succeed where the academics have failed."
Thomas Campbell, physicist, consciousness researcher, author of My big TOE

Finalist at the 2018 Humanistic Management Book Awards

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Acknowledgments
  5. Foreword
  6. Contents
  7. 1 Introduction
  8. 2 The Problem
    1. 2.1 The Burden of an Anachronistic Economic System
      1. 2.1.1 Falsifying Balance Sheets
      2. 2.1.2 Bank Account Manipulation
      3. 2.1.3 Inventory
      4. 2.1.4 Illegal Price Fixing
      5. 2.1.5 Bribes
    2. 2.2 Existing Conceptualizations of Ethics Are Insufficient
    3. 2.3 Morality Cannot Be Legislated
    4. 2.4 Individuals as Instruments of Societal Change
    5. 2.5 Synchronicity
      1. 2.5.1 “ethics are more important than religion”
      2. 2.5.2 Laudato Si: On Care for Our Common Home
    6. 2.6 Why We Urgently Need a Business Ethics 3.0
    7. 2.7 What Was Business Ethics 1.0
    8. 2.8 What Is Business Ethics 2.0
      1. 2.8.1 Ethics and Talent Management
    9. 2.9 What Is Business Ethics 3.0
    10. 2.10 Our Ego-Dominated Mind
    11. 2.11 Integrative Business Ethics
    12. 2.12 Being Responsible Is Profitable
    13. 2.13 Depth Psychology Creates New Directions
    14. 2.14 Clark’s Analysis and Proposals for the Twentieth Century
    15. 2.15 Managing Ourselves
    16. 2.16 Global Economic Ethics Manifesto
    17. 2.17 People in Companies: The Essential Moral Factor
    18. 2.18 REASON as an Anchor for Ethics and Morality
      1. 2.18.1 The Abuse and Decline of REASON
      2. 2.18.2 The Leap from Mind to an Ethic of REASON
      3. 2.18.3 Friedrich Schiller’s Freedom of REASON
      4. 2.18.4 Promoting the Faculty of REASON within Individuals
    19. 2.19 OECD Guidelines Are Seriously Misguided
    20. 2.20 Educating the Whole Person
    21. 2.21 Our Society Is Unhealthy for Children’s Souls
    22. 2.22 Is It All about Performance
    23. 2.23 Decoding Leadership: What Really Matters
    24. 2.24 The Broken Elite
    25. 2.25 Business Ethics: The Lost Generation
    26. 2.26 Expanding the Status quo is Insufficient for Ethical Development
    27. 2.27 The Business School Approach to Ethics
    28. 2.28 The Power of Ethical Management
    29. 2.29 Wisdom 2.0: Hope for the Younger Generation
    30. 2.30 Inviting Greater Peace into Our Lives
    31. 2.31 Happiness, Bliss and Compassion
    32. 2.32 Beyond Happiness: Bhutan’s Philosophy of Gross National Happiness
    33. 2.33 The CEO of the Future
    34. 2.34 The Philosophical and Christian Vision of Ethics
      1. 2.34.1 The Golden Rule of Ethics
      2. 2.34.2 The Principle of Double Effect
    35. 2.35 An Appeal from Pope Francis for Ethics and Morality
    36. 2.36 As Individuals We Must Find Our Own Way
    37. 2.37 Mysticism and Ethics
    38. 2.38 What Constitutes a Whole Person
    39. 2.39 Corporate Leaders and Psychology
    40. 2.40 Depth Psychology and Integrity
      1. 2.40.1 The Red Book of C.G. Jung
      2. 2.40.2 The Contemporary Meaning of the Red Book
      3. 2.40.3 Depth Psychology and the New Ethic
      4. 2.40.4 The Old Ethic
      5. 2.40.5 Suppression and Repression of the Dark Side
      6. 2.40.6 Stages of Ethical Development
      7. 2.40.7 The New Ethic
      8. 2.40.8 Aims and Values of the New Ethic
      9. 2.40.9 Depth Psychology in Leadership
    41. 2.41 The Milgram Experiment on Obedience to Authority
    42. 2.42 Moral Licensing for Immorality
    43. 2.43 Ethics from the Perspective of Quantum Physics
    44. 2.44 Making Living More Lively
    45. 2.45 Embracing Uncertainty May Enhance Our Ethical Practices: Lowering Our Entropy
    46. 2.46 Radius to Ethics Break
  9. 3 The Solution
    1. 3.1 Allowing Our Inner Growth to Develop
      1. 3.1.1 Growth through Individuation
        1. 3.1.1.1 What Is Individuation
        2. 3.1.1.2 Requirements for the Process of Individuation
        3. 3.1.1.3 The Benefits of Achieving Individuation
      2. 3.1.2 Listening to Our Dreams
      3. 3.1.3 Activating Our Imagination
      4. 3.1.4 Reconciliation with the Dark Brother
      5. 3.1.5 Designation of the Evil
      6. 3.1.6 Anima and Animus Balance
    2. 3.2 Growth through Spiritual Wisdom
      1. 3.2.1 Meditation as a Daily Practice
      2. 3.2.2 Meditation on Compassion Manifests in Your Brain
      3. 3.2.3 Opportunities for Increasing Awareness through Mindfulness
        1. 3.2.3.1 From Work-Life Balance towards Life-Balance
        2. 3.2.3.2 Nature
        3. 3.2.3.3 Music and Art
        4. 3.2.3.4 Sports
        5. 3.2.3.5 Dance
        6. 3.2.3.6 Religion
        7. 3.2.3.7 Meeting People
        8. 3.2.3.8 Illness and Suffering
        9. 3.2.3.9 Daily Life
      4. 3.3 Growth by Quantum Physics
        1. 3.3.1 Practicing the Loving Dialogue
        2. 3.3.2 Business Ethics through Quantum Physics
      5. 3.4 Integral Consciousness
      6. 3.5 Integral Spirituality
      7. 3.6 Transpersonal Psychotherapy
      8. 3.7 Psychology and Spirituality
      9. 3.8 Integral Business Ethics 3.0
      10. 3.9 An Integrative Business Ethic
      11. 3.10 Diversions
      12. 3.11 Distractions
      13. 3.12 Relaxation from Mindfulness
      14. 3.13 Blockages of Individuation
        1. 3.13.1 The Fall
        2. 3.13.2 The Loss
        3. 3.13.3 The Return
        4. 3.13.4 Distractions Are Detrimental: C.G. Jung’s Visions
        5. 3.13.5 The Tragedy of Modern Distractions
  10. 4 The Application
    1. 4.1 Applying and Sustaining Business Ethics 3.0 in the Economy
      1. 4.1.1 Sustainable Personal Responsibility
      2. 4.1.2 Developing Ourselves
      3. 4.1.3 Assisting Others in Their Development
      4. 4.1.4 What We Can Learn from Social Entrepreneurs
      5. 4.1.5 New Sustainable Relationships with Our Supervisors
      6. 4.1.6 New Sustainable Relationships with Our Colleagues
      7. 4.1.7 New Sustainable Relationships with Outside Partners
    2. 4.2 Sustainable Corporate Responsibility (SCR)
    3. 4.3 Moral vs Morality
    4. 4.4 Measuring the Return on Character
    5. 4.5 Power and the Abuse of Power
    6. 4.6 Disruption and Ethics
    7. 4.7 Organization and Structure
    8. 4.8 Wise Leaders
    9. 4.9 Integration of the Dark Side in Organizations
    10. 4.10 Strategies: Mergers and Acquisitions, Divestitures and Investments
    11. 4.11 Taxation of International Groups
    12. 4.12 Sustainable Supply Chain Responsibility
    13. 4.13 Sustainable Customer Bonding
    14. 4.14 Sustainable Competitor Relations
    15. 4.15 Ethical Consumerism
      1. 4.15.1 Sustainable Ethical Consumerism
    16. 4.16 Sustainable Environmental Responsibility
      1. 4.16.1 The Volkswagen Scandal
      2. 4.16.2 The Chemical Industry
        1. 4.16.2.1 Minamata Disease
        2. 4.16.2.2 Three Mile Island
        3. 4.16.2.3 The Hague Code of Ethics
      3. 4.17 Intuition, Creativity, Innovation: Gifts from Within
      4. 4.18 Resilience: An Essential Quality
      5. 4.19 Summary of Current Studies on the Effect of Mindful Meditation
        1. 4.19.1 Brain and Immune Function
        2. 4.19.2 Anxiety and Depression
        3. 4.19.3 Stress Reduction and Management
        4. 4.19.4 Coronary Heart Disease
        5. 4.19.5 Pain and Quality of Life
        6. 4.19.6 Depression
        7. 4.19.7 Mindfulness and Medical and Psychological Health
  11. 5 Reflections by Richard Warrington
  12. 6 Closing Remark from C.G Jung
  13. References

Product information

  • Title: Business Ethics 3.0
  • Author(s): Erhard Meyer-Galow
  • Release date: May 2018
  • Publisher(s): De Gruyter Oldenbourg
  • ISBN: 9783110572421