Lokey Graduate School of Business Adopts "Hippocratic Oath for Business" at Mills College
Oakland, CA–May 23, 2014 As part of a growing movement among business school students around the country, MBA candidates at Mills took the Lorry I. Lokey Graduate School of Business Oath on Saturday shortly before receiving their diplomas.
Modeled after Harvard Business School’s MBA Oath, the Lokey GSB Oath is a voluntary pledge and public commitment by graduating MBAs and current MBAs to hold themselves accountable as socially responsible leaders to ensure that they use their business skills to have a positive impact on society, the environment, and the communities in which they live and work.
Referred to as the “Hippocratic oath for business,” the MBA Oath was created partly in response to the mismanagement that led to the Great Recession of 2008. The Lokey Net Impact Chapter mobilized students to take ownership of the language and adopt the oath to more accurately reflect their values.
“This oath reflects the unique culture of our school and the values of our students,” said Deborah Merrill-Sands, dean of the Lorry I. Lokey Graduate School of Business, an anthropologist by training, and an advocate of the MBA Oath since its inception. “I think it is a powerful way for each of us as leaders to declare and reinforce our core values and our accountability to our organizations and society more broadly.”
The Oath Project is a nonprofit organization dedicated to changing the way business leaders and the institutions that prepare them think about responsibility and the reach of management.