Reflection April 6

We went over the schedule for our papers and the peer reviews. We don't have class on Thursday so that should give us some time to work on our papers if we're smart... Prof also brought up that he's working on starting up a chapter of a student service group that helps people in poorer countries. This sounds interesting, I think it would be something that would be good to get involved in.

We discussed Utilitarianism and someone brought up the idea that people could reason that the choices that the company makes may not be good for the local citizens or a small group of people but will be beneficial for a large group of people. Does the gain outweigh the negatives. Virtue Ethics based on the capitalist economic systems. WalMart was brought up with it's low prices that drives down the market, but they are evil (personal note there). Costco compared to Sam's Club - Costco has better worker morale, but they have higher prices. Sam's has lower prices...but also lower worker morale.

Reflection April 1

Learning Organizations are so important to making your company run efficiently. There needs to be continuous learning, sharing of knowledge, critical thinking, learning culture, and your employees need to feel appreciated.

We also watched a video about johnson&johnson company and how they run their buisness and why they are so successful. They have continual innovation and have their employees go through continual education. The credo is a big part of what management uses in making their daily decisions, they describe it as they corporate culture. There is even a 6 month training program for all new employees. It's interesting that their mission statement is not just a mission statement, it is how they lead their lives and is part of their day to day business decisions. Some employees say that the credo helps them look at the long-term effects of their business decisions not just this quarter, last quarter, today.