True Profession - Article Example

However, today’s business environment is considered to be dynamic and challenging, as the success of a business depends on the amount of trust they gain from their customers and stake holders. This has provided opportunities for well-known business schools to introduce new academic course integrating management code of ethics that would help in aligning management with other well-known professions such as lawyers, doctors, engineers and teachers. Considering the above stated scenario, it is also believed that the integration of the code of ethics in the MBA course will serve as competitive advantages for the students in the business market.

It is also believed that having the world first Certified Business Professional (CBP) will allow the academic institution to stay ahead from other in-state MBA programs over other universities (Khurana & Nohria, “It’s Time to Make Management a True Profession”; Nohria, “A Hippocratic Oath for Management”). With reference to the stated scenario it can be viewed that the dean of ODU’s College of Business and Public Administration (CBPA) is planning to implement oath at the Hippocratic Oath for Managers at this year’s graduation and initiating the new CBP program next year.

In this regard, the plan of implementation of the management code can be considered as an effective approach. In this rapid changing environment it has been viewed that organization who succeed in gaining trust of the people sustains in the growing competitive market whereas organization who only focus on gaining profit dissolve within a short span of time. In this aspect implementing managerial code of conduct in the MBA would not only help in establishing a modern management approach but would also help in establishing a modern approach in the business world.

It would not only provide numerous opportunities but would also change the way business operates today. The student oath is component of more prevalent initiative to turn management into profession similar to those of medical doctors and lawyers. The Hippocratic Oath promotes the notion of sustainable development. Additionally, it would also help in expanding the knowledge of the student as it would explore new field of studies and also help in understanding the business world deeply. Additionally introducing the process of Hippocratic Oath for manager in academic institutions would also help in producing loyal managers and would also motivate them to implement their skills and knowledge effectively for establishing the organization goal efficiently and through effective utilization of the organization resources (Khurana & Nohria, “It’s Time to Make Management a True Profession”; Nohria, “A Hippocratic Oath for Management”).

The process of taking oath is viewed to provide a normative framework that helps in shaping the identity of a personnel and their responsibility towards the society specifically for the people associated with their organization. In this world of shrinking public trust for business managers by the general public, introducing of ethical code would help in establishing a sense of trust and believe amid the stake holders resulting in more efficient functionality of the organization as people would feel secured to invest more in the organization.

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