Is business school just vocational training for making money, or is it a training ground for ethical leadership? In this episode, we take a deep dive into the "high stakes" question that has defined the last few decades of global business education. We explore the tension between the traditional "shareholder primacy" model—which prioritizes short-term profit, often at the cost of the community—and the movement to reclaim the "soul" of management training.
Join us as we trace the history of the Colleagues in Jesuit Business Education (CJBE) and the launch of the Journal of Jesuit Business Education (JJBE) in 2010. Discover how this organized push sought to fix the identity crisis of business schools—sometimes seen as the "vaguely vulgar uncle" within mission-driven universities—by integrating a modern Ratio Studiorum that frames business as a noble calling to service.What You’ll Learn in This Episode:
• The Crisis of Purpose: Why the "shareholder primacy" model failed to account for long-term investments in people and led to catastrophic ethical failures like Enron.
• The 5 Pillars of Distinctiveness: An overview of Fr. Robert Spitzer, S.J.’s five themes for a new curriculum: Personal Identity, Faith/Spirituality, Service Learning, Justice, and Ethics.
• From Ego to Contribution: The psychological shift leaders must make from an "ego-comparative" identity (obsessed with status and winning) to a "contributive" identity focused on making a positive difference.
• The Ignatian Method: How the Ignatian Pedagogical Paradigm (IPP) uses reflection to help students connect academic theory with the "gritty reality" of the vulnerable, ensuring they graduate as leaders who are both competent and conscientious.
• Ignatian Indifference: The critical skill of detaching from personal bias and assumptions to make honest, ethical decisions in a noisy world.