Together with three other partner organizations, the Aspen Center for Business Education (CBE) has launched the Oath Project, an initiative to support the individuals and organizations that have been working to promote the concept of a business professional oath similar to the Hippocratic oath that doctors take swearing to practice medicine ethically.
Aspen CBE is a division of the Aspen Institute, a nonprofit organization dedicated to fostering value-based leadership. Its partners in the Oath Project are the Association for Professional Business Managers, MBA Oath and the World Economic Forum for Young Global Leaders. Together, these four organizations have launched a website, TheOathProject.org, to communicate the initiative’s objectives and milestones.
The release from Aspen CBE announcing the new project’s launch noted that the idea of creating a business oath is not a new one. The creation of MBA programs in the United States grew in part out of a desire to “professionalize” the practice of management, and several schools have instituted their own oaths at various times.
Amid the recent economic crisis, management education has come under fire from some critics, and the idea of a global MBA oath has gained new life. Two Harvard professors suggested a draft oath in a November 2008 article in the Harvard Business Review, and World Economic Forum Executive Director Klaus Schwab devoted a special session during the January 2009 forum to begin the process of creating a global business oath.
Then, in May 2009, a grassroots movement led by students at Harvard Business School created the MBA Oath, which was signed by more than half of the HBS graduating class of 2009. According to the Aspen CBE release, 1,000 other business school students from MBA programs around the world also opted to take the oath last spring, and as many as a dozen other groups and individuals took their own modified or translated oath.
The Oath Project is rooted in the idea that for the project to succeed, MBA programs worldwide must come to consensus around a single oath for all to share. “We are currently at the ‘final draft’ stage of this oath, and are seeking feedback before we finalize the oath for 2010,” the Aspen CBE release stated.
To learn more about the Oath Project, click here.
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