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Franco,Reflection,week2
Advanced Business Research Methods (Liberty
University)
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EVERY GOOD ENDEAVOR REFLECTION 1
Module 2: Week 2 Every Good Endeavor Reflection
Maria Franco-Cortes
Liberty University
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EVERY GOOD ENDEAVOR REFLECTION 2
Module 2: Week 2 Every Good Endeavor Reflection
The article Shareholders vs. Stakeholders discusses how some people have criticized the
shareholder theory a manager's primary goal is to maximize shareholders' returns. Opposite to
this, the stakeholder theory call calls managers to balance the shareholders' financial interest
against other stakeholders such as employees, customers, and the local community even if it
reduces shareholder returns (Smith, 2003). This last part is connected to what Keller's book says
is the goal of working. Every business goal is to make as much profit as possible. However, it
should be done legally and without deception. Then, Jay Lorsch states that the two directors'
legal responsibilities are a duty of care and loyalty. Like this, the article finalizes with Richard
Ellsworth's suggestion of executives working through their collective attitudes toward the
company's stakeholder obligations and priorities and then take over steps to communicate their
conclusions throughout the organization (Smith, 2003).
The next article, Gods are Still in Business, also supports the prompt from Keller's book.
It is important to remember that God and management’s relationship can be discussed in
applying principles and virtues to business. The author mentions the idea of considering God a
stakeholder as follows:
"The parallel between including categories of God and nature among stakeholders has
notable limitations. Calls to integrate nature among stakeholders are mostly motivated by
protecting natural entities from destruction. In contrast, the call to consider God as a
stakeholder is motivated not by fear of destruction but rather by piousness (Eabrasu,
2019)."
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EVERY GOOD ENDEAVOR REFLECTION 3
It calls for a common good and generosity as managers should recognize the importance of
faith in management. Therefore, a manager is expected to be trustworthy as he or she needs to
accept responsibility entrusted to him and her by God for doing good.
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EVERY GOOD ENDEAVOR REFLECTION 4
References
Eabrasu, M. (2019). Gods Are Still in Business - Introduction to the Symposium: God
and Management. Philosophy of Management, 18(3), 293-302.
http://dx.doi.org.ezproxy.liberty.edu/10.1007/s40926-019-00121-0
Keller, T., & Alsdorf, K. L. (2016). Every good endeavor: connecting your work to God's work.
Penguin Books.
Smith, H. J. (2003). The Shareholders vs. Stakeholders Debate. MIT Sloan Management
Review, 44(4), 85-90. http://ezproxy.liberty.edu/login?qurl=https%3A%2F
%2Fwww.proquest.com%2Fscholarly-journals%2Fshareholders-vs-stakeholders-debate
%2Fdocview%2F2309258214%2Fse-2%3Faccountid%3D12085
