Volume 34, Issue 1, Spring 2015
Regina Wentzel Wolfe
Response to Hemphill and Lillevik, "The Global Economic Ethic Manifesto: A Retrospective"
There is general agreement that the principles espoused by the Global Economic Ethic Manifesto are to be commended. Despite this, the expectations of wide adoption of the Ethic Manifesto that were expressed at the 2009 launch have proved to be overly optimistic as Hemphill and Lillevik discovered in their study. They propose a number of recommendations to address some of the Ethic Manifesto’s limitations and increase adoption of it, particularly by organizations. However, it is not clear that, even if all their recommendations were to be fully implemented, organizational adoption rates of the Ethics Manifesto will reach the same level as those of the UN Global Compact. For this to occur, the Ethics Manifesto must move beyond providing a moral compass to individuals in order to inform organizational systems and structures in a meaningful way.