Oge Mazda Applied Ethics
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Oge Mazda Applied Ethics
- 1. Andrew L. Urich, J.D. Puterbaugh Professor of Ethics & Legal Studies Spears School of Business Oklahoma State University [email_address] www.andrewurich.com Applied Ethics Managing Trust, Respect & Diversity
- 9. What Happened to GM?
- 15. Strategic Investments at General Motors $167 Billion or $332 Billion -400 -350 -300 -250 -200 -150 -100 -50 0 50 100 $ Billion Strategic Investments 0% 10% Market Value
- 16. Ross Perot
- 17. 1999 “The most versatile vehicle on earth” “Lifestyle support vehicle”
- 18. 1999 “The most versatile vehicle on earth” “Lifestyle support vehicle”
- 19. 1999 “The most versatile vehicle on earth” “Lifestyle support vehicle”
- 29. Lack of Trust, Respect & Diversity
- 30. Why Does Trust Matter?
- 32. Showing Respect
- 33. Showing Respect
- 34. Showing Respect
- 40. Why Do We Believe What We Believe?
- 41. The Bubble Boy www.andrewurich.com
- 43. Don’t Worry! I’m Not Going to Talk About Politics
- 54. Show Respect & Build Trust Win/Win Attitude
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- Mercedes 2.4% Audi 1.2% Mini 0.8% Volvo 0.8% Mitsubishi 0.8% Landrover 0.6% Saab 0.2%
- c:PG filesBookChapter 4 Exhibits reformatted Mkt value of stock = $13b in 1980 and increased to $40b by 1997. However, GM’s strategic investments – net capital expenditures plus R&D – added up to $167b if simply summed and $332b in terms of 1997 NPV at a discount rate of 10%. GM destroyed over $100b in in value over this period if don’t assume a 10% discount rate and over $200b if assume a 10% discount rate of return. Put another way, the benefit to cost ratio of GM’s strategic investments during this period was significantly less than 1/2 . Why? Slack Can slack be a good thing?
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- Once your mind is inhabited by a certain belief you will tend only to consider factors proving you right. Therefore the more information you get the more certain of you are certain of your rightness
- --1990’s Congress and the President declared it the decade of the brain. --Lewis L. Judd, former director of the National Institute on Mental Health said “The pace and progress of mental health is so great that 90% of what we know about the brain has been learned in the last 10 years. Positron Emission Tomography (PET) and MRI allows scientists to see the brain work -- if she has a 4 lane highway for empathy, she will feel the emotions of everyone– if not, she will hurt people’s feelings by saying the wrong thing at the wrong time Synapses are the connections between the cells By age three– up to 15,000 synaptic connections per neuron
- Emotional part of the brain sends a smile message and the voluntary mussel module sends a concerned look message One talent prospers at the expense of another Dumping stocks in a down market is the same as fleeing a lion-- ,loss avoidance
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