Professionalism in Business: Insights from Ancient Philosophy

20 Pages Posted: 19 Jun 2013

See all articles by Lila Despotidou

Lila Despotidou

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

Gregory Prastacos

Stevens Institute of Technology - School of Business

Multiple version iconThere are 2 versions of this paper

Date Written: June 18, 2013

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.

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: https://ssrn.com/abstract=2281523 or http://dx.doi.org/10.2139/ssrn.2281523

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 - School of Business ( email )

Castle Point on Hudson
Hoboken, NJ 07030
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
65
rank
119,198
Abstract Views
512
PlumX Metrics
!

Under construction: SSRN citations will be offline until July when we will launch a brand new and improved citations service, check here for more details.

For more information