The Hidden Power of Integrity and Access to Vast Increases in Performance (Video and PDF file of Keynote Slides)

Harvard Business School NOM Unit Working Paper No. 10-068

Barbados Group Working Paper No. 10-02

62 Pages Posted: 4 Jan 2013 Last revised: 25 Aug 2013

Werner Erhard

Independent

Michael C. Jensen

Social Science Electronic Publishing (SSEP), Inc.; Harvard Business School; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)

Multiple version iconThere are 3 versions of this paper

Date Written: March 26, 2013

Abstract

A large amount of the damage inflicted on people and organizations is caused by actions of individuals that are not in their own self interest. That is, each and every person consistently imposes costs on themselves, their loved ones, friends, associates, partners, employers, employees, and the public by actions that are not in their own self interest. And all this is invisible to each of us.

We focus here on these invisible integrity issues that cause huge problems in our lives and to every one we come in contact with. We present a new model of integrity that will provide you powerful and actionable access to increased performance for yourself, your family and groups, and your organizations.

This new model reveals the causal link between integrity and increased performance, quality of life, and value-creation for all entities, and provides access to that causal link. Integrity as we will define it is thus a factor of production as important as knowledge and technology, yet its major role in productivity and performance has been largely hidden or unnoticed, and therefore ignored and unmanagable by leaders, managers, politicians, economists and others.


Keywords: Integrity, Ethics, Morality, Workability, Whole and Complete, Productivity, Perfomance

Suggested Citation

Erhard, Werner and Jensen, Michael C., The Hidden Power of Integrity and Access to Vast Increases in Performance (Video and PDF file of Keynote Slides) (March 26, 2013). Barbados Group Working Paper No. 10-02. Available at SSRN: https://ssrn.com/abstract=2196554 or http://dx.doi.org/10.2139/ssrn.2196554

Michael C. Jensen (Contact Author)

Social Science Electronic Publishing (SSEP), Inc. ( email )

7858 Sanderling Road
Sarasota, FL 34242
United States
617-510-3363 (Phone)
305 675-3166 (Fax)

HOME PAGE: http://ssrn.com/author=9

Harvard Business School ( email )

Soldiers Field
Negotiations, Organizations & Markets
Boston, MA 02163
United States
617-510-3363 (Phone)
305-675-3166 (Fax)

HOME PAGE: http://drfd.hbs.edu/fit/public/facultyInfo.do?facInfo=ovr&facId=6484

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

European Corporate Governance Institute (ECGI) ( email )

c/o ECARES ULB CP 114
B-1050 Brussels
Belgium

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