Hard Like Water: Ethics in Business by Vincent di NorciaHard Like Water: Ethics in Business by Vincent di Norcia

Hard Like Water: Ethics in Business

byVincent di Norcia

Paperback | January 1, 1998

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Hard Like Water, an innovative study of business ethics, has two principal goals: 'to show the extent to which ethical values penetrate into business' and 'to stress the social character of business'. Thus, each chapter begins with 'old tales' of unethical or amoral business practices andthen moves on to 'new tales' about companies for which ethical social values are central to success. The business-related disasters and failures that make the news--the Westray mine explosion; the Exxon Valdez oil spill; the Barings Bank collapse--are shown to be the direct result of firms' failureto follow ethical values. And these old tales are contrasted with the success stories of proactive firms like The Body Shop, Falconbridge, and Hewlett-Packard, which ethically see themselves as part of society--and act accordingly. In this book Vincent Di Norcia presents four core ethical values--life, welfare, honest communication, civil rights--and performance maxims such as the need to do no harm, to solve the problem, and to seek the common good, which are necessary for modern businesses to achieve long-term success.Downsizing, Dr Di Norcia emphasizes, may bring a company short-term profits, but the long-range effects on people, on society, and on the company can be harmful. Hard Like Water, which includes numerous tables and illustrative material and a glossary of key terms and phrases, examines ethicalbusiness values as they relate to ownership, management, organizational culture, employees and work processes, marketing, technology, the environment, society, and the international community. The conclusion looks to the future and the role ethics must play in business decisions if we, as asociety, are to survive.
Vincent di Norcia is at University of Sudbury.
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Title:Hard Like Water: Ethics in BusinessFormat:PaperbackProduct dimensions:320 pages, 8.75 × 6.35 × 0.68 inShipping dimensions:8.75 × 6.35 × 0.68 inPublished:January 1, 1998Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195412109

ISBN - 13:9780195412109

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From the Author

Hard Like Water, an innovative study of business ethics, has two principal goals: 'to show the extent to which ethical values penetrate into business' and 'to stress the social character of business'. Thus, each chapter begins with 'old tales' of unethical or amoral business practices andthen moves on to 'new tales' about companies for which ethical social values are central to success. The business-related disasters and failures that make the news--the Westray mine explosion; the Exxon Valdez oil spill; the Barings Bank collapse--are shown to be the direct result of firms' failureto follow ethical values. And these old tales are contrasted with the success stories of proactive firms like The Body Shop, Falconbridge, and Hewlett-Packard, which ethically see themselves as part of society--and act accordingly.In this book Vincent Di Norcia presents four core ethical values--life, welfare, honest communication, civil rights--and performance maxims such as the need to do no harm, to solve the problem, and to seek the common good, which are necessary for modern businesses to achieve long-term success.Downsizing, Dr Di Norcia emphasizes, may bring a company short-term profits, but the long-range effects on people, on society, and on the company can be harmful. Hard Like Water, which includes numerous tables and illustrative material and a glossary of key terms and phrases, examines ethicalbusiness values as they relate to ownership, management, organizational culture, employees and work processes, marketing, technology, the environment, society, and the international community. The conclusion looks to the future and the role ethics must play in business decisions if we, as asociety, are to survive.

Table of Contents

AcknowledgementsPrologue Ethics in BusinessChanging Times, Changing TalesI: Business vs Ethics, The Hard Old TaleII: Soft New TalesEthics in BusinessTheory and PracticePart One Exploring the Core1. Owning ValuesThe Partners' ShipI: Old Tales about OwnershipAuctioning the CompanyFinancing GamesBusiness ValuesThe Battle for Corporate ControlBankrupt PartnershipsBoard GamesII: New Tales: Socially Inclusive OwnershipFranchising OwnershipStakeholders as PartnersSummary2. Managing ValuesShip's ExecutiveI: An Old Tale: Riskless FinanceBetting the CompanyFinancial EuphoriaThe Executive Fashion FileThe Business of RiskII: A New Tale: Socially Intelligent ManagementProfit and PurposeEthics in Problem-SolvingSummary3. Organizing ValuesValues in ShippingI: Old Tales about "Groupthink' and Whistle-BlowingCorporate AutocracyLoyalty vs VoiceII: New Tales: Organizing Ethical ValuesExchange Values as OrganizersEthical CulturesOrganizing ResponsibilityCodifying EthicsSummaryPart Two Journeying Further4. Working ValuesMutinous WatersI: Old Tales about Work RisksDeadly WorkX FactorsReactive DownsizingII: New Tales about Equity and InclusionPruning and SharingEquity at WorkIntelligent WorkOpportunities for ParticipationSummary5. Marketing ValuesShipping TradeI: The Old Tale: Buyer BewareSmoking and MirrorsProduct LiabilityAmoral MarketsII: New Tales: Market EthicsGood ValueEthical Marketing NetworksAdvertising ValuesSummary6. Technical ValuesShipping RisksI: Old Tales: Mismanaging TechnologiesIndustrial-Strength ImplantsMismanaging InnovationII: New Tales: Knowledge Economy EthicsTechnostructure EthicsInformation Stock EthicsCommunication Flow EthicsAn Innovation EthicSummary7. Natural ValuesAt SeaI: Old Tales about Tankers, Diapers, and ChlorineTin-Can TankersEmergency UnpreparednessActivists and AdversariesIt's Not the ChlorineII: New Tales: Environmental ManagementIntegrated Environmental PerformanceProactive Environmental ManagementSummary8. Social ValuesThe Ship's FlagI: Old Tales about Social IrresponsibiltySt Chernobyl le GrandGovernment as the EnemyII: A New Tale: Business in SocietySocial PerformanceEthical Issues ManagementCultural RelationsThe Social MarketSummary9. International ValuesPorts of CallI: Old Tales about Politics, Children, and MoneyInvesting in African OppressionInvesting in Cuban SocialismEthics in Foreign InvestmentExploiting ChildrenVolatile FinanceII: New Tales about Social TradeInvest in CivilityClosing the Development GapSocial Trade Development PathsSummary10. Foresight EthicsWhat Ship?Where We've BeenWhere We're GoingGlossary of Key TermsNotesBibliographyIndex