December 29th, 2008
Prof. James Post, an authority on corporate governance, teaches “Strategies for Nonprofits” at the Boston University School of Management. The views expressed are his own.
"I am inclined to think the Bernard Madoff affair has blown the lid off the financial madness of this decade. We have been living in an age of fraud, and now must rethink the way we do business. As John Kennedy once appealed to the nation’s better angels to call us into public service, Barack Obama’s inaugural address should instruct us on our obligation to serve the greater good. It’s not just a moral concept; it’s good business. I offer a corollary as well: Without good business, how far will a moral concept take you?"
Read the entire commentary at Reuters
http://blogs.reuters.com/great-debate/2008/12/29/managing-nonprofits-in-an-age-of-hope/
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