From the Independent.ie (Ireland), Anto Kerins writes –Our graduates need an understanding of, and a facility for, effective regulations, appropriate rules and ethical frameworks to guide organisational behaviour so as to ensure the safety and vibrancy of our economy and society.
From producing graduates who absorbed the mantra of deregulation and light-touch rules, we must now imbue them with the importance of ethical and regulatory frameworks and the ability to distinguish between rules that keep us safe, solvent and effective and those that just take up time.
Ireland has just experienced an ethics meltdown in the financial sector. I believe they are taking much stronger action than we have contemplated to solve the problem. I do not believe their anger is leaving any time soon. They have no beltway “wisdom” that is everything is okay except for those whiny unemployed. There is a determination for this to never happen again.
Read further –
While the economic and regulatory wings of Government are now desperately trying to get us out of the hole we are in, it is mainly to education that we look to ensure this crisis never happens again. Although the Government and its agencies are feverishly working to bed down a powerful and effective regulatory regime to keep us afloat, it is to education that we look to encourage the long-term development and sustenance of this framework.
I’m reading through the Hunt Report. It is not like anything I have seen in the United States. We have been all about job training and getting rid of those annoying history, philosophy, art and literature classes. The Hunt Report emphasizes the need for more of these, not less. I’ll be posting on this later.
James Pilant
Pilant's Business Ethics Blog 
You must be logged in to post a comment.