Eilika Emmerlich
Sunday October 31st, 2010

Business Locomotive Germany – Who Is The Stoker?

“Germany is again at the forefront and pulling the European Business Train”. Those are the proud words of the German Federal Minister of Economic Affairs. The Federal Chancellor says it with the hint of a fighting spirit showing around her mouth. The Federal Minister of Finances says it cautiously. So we ask: who does the pulling? Who is the stoker? The innovative enterprises? The diligent German workers, with and without migratory background? Probably.

But looking at the calendar, I get a different idea, probably a better one. The first of May – a Saturday. The third of October – a Sunday. Reformation Day – a Sunday. The first and second day of Christmas – Saturday and Sunday. And I am sure you already guessed – New Year’s Day is also a Sunday, although strictly spoken it no longer counts. 5 more work days than in other years means a roughly 2.5 per cent higher GDP. Even if we take into consideration that Reformation Day is no longer a holiday in all regions, there still remain 4 days = 2 per cent.

So, ladies and gentlemen: be cautious and humble! Instead of praising yourself, you should pay an extra bonus to Pope Gregory XIII (of course less than 500,000 Euros) by lighting a candle of thanks on this Reformation Day. After all, it was he who, in the year 1582, wrote the bull “inter gravissimas”, thus showing how farsighted he is and seeing to it that we work so much in the “boom year 2010”.

EEM
(Translated by EG)

As a supplement to my article about the suitability of ethical theories in business, I want to give voice to Peter Ulrich one more time. During his final lecture at St. Gallen, the expert in business ethics said that the “social embedding of the market economy is the main problem of the 21st century”.

mehr »

Eilika Emmerlich
Friday December 4th, 2009

(political correctness)³

In the FAZ of December, 2nd, I read that criminal gangs of children belonging to the “group of Rotational Europeans” are more and more active in the Rhine-Main area. They usually strip flats of all valuables and then disappear quickly, before the break-in is noticed.

According to the FAZ, the definition of “Rotational Europeans” is: families of Sinti and Roma who send their children east from Strasbourg to do their thieving in our country.

Isn’t it truly a comfort to know the politically correct name for the gangs? It certainly makes the loss of valuable items only half as painful, doesn’t it?

EEM
(Translated by EG)

Independent from the popular scientific literature on management, the subject “business ethics” established itself at the universities. In economic science, however, it has been neglected so far. Leading institutes, such as the EBS or faculties for instance at the universities of Mannheim and Frankfurt have only just started offering compulsory courses in “business ethics” for future business leaders. Here is an overview of one older yet still current and three modern positions:

mehr »