Marc Le Menestrel
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Goals, Processes and Rationality: A Parable and a Framework (Video, Case Study & Lecture) Friday 26th of April 2013

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by Marc Le Menestrel (9/10/2011)

Video: “The Parable of the Sadhu” – Harvard Business School

Summary

Through a case study depicting a Wall Street financial analyst facing a dilemma in mountaineering, we discuss whether success lies in the mere attainment of goals. We then learn how to discern ethical values beyond goals and propose a rational framework to face their combination.

Required readings

• McCoy, Bowen: “The parable of the Sadhu”, in Harvard Business Review, Vol. 75 N°3, May-June 1997, pp. 54-61.

• Le Menestrel, Marc: “Economic Rationality and Ethical Behaviour: ethical business between venality and sacrifice”, in Business Ethics: A European Review, Vol. 11, No. 2 (2002).

Question to prepare: For you, is success the mere attainment of your goals?

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