Abstract

http://ssrn.com/abstract=2281523
 


 



Professionalism in Business: Insights from Ancient Philosophy


Lila Despotidou


Athens University of Economics and Business - Department of Management Science and Technology

Gregory Prastacos


Stevens Institute of Technology - Wesley J. Howe School of Technology Management

June 18, 2013

Howe School Research Paper No. 2013-13

Abstract:     
Business schools have the responsibility to inspire professional culture in future managers. This means that they have to provide them not only with the expertise, knowledge and skills required in their field of specialization, but also with a sense of responsibility toward others and society at large. This need has been increasingly evident during the period of the global financial crisis, and a number of initiatives have been reported by business schools worldwide to address the issue. In this paper we examine the issue of professionalism in business management from two perspectives: business practice, and relation to ancient philosophy. Drawing from the literature, we propose a framework defining professionalism as composed of three patterns: a) possession of a systematic body of knowledge, b) commitment to a good broader than self-interest, and c) an overall ethical character of the activity and ethical conduct. We show how these patterns are reflected to the expectations that corporations have from business practitioners. We further demonstrate that substantial elements of business professionalism are strongly related to core values and principles introduced in the social and political thought of ancient philosophers, and thus suggest that ancient philosophy could be used as a means for inspiring professionalism in business managers.

Number of Pages in PDF File: 20

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Date posted: June 19, 2013  

Suggested Citation

Despotidou, Lila and Prastacos, Gregory, Professionalism in Business: Insights from Ancient Philosophy (June 18, 2013). Howe School Research Paper No. 2013-13. Available at SSRN: http://ssrn.com/abstract=2281523 or http://dx.doi.org/10.2139/ssrn.2281523

Contact Information

Lila Despotidou (Contact Author)
Athens University of Economics and Business - Department of Management Science and Technology ( email )
Athens GR-11362
Greece
Gregory Prastacos
Stevens Institute of Technology - Wesley J. Howe School of Technology Management ( email )
Castle Point on Hudson
Hoboken, NJ 07030
United States

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