The Four Hour Work Week

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A brief review of some key points in Timothy Ferriss' bestseller presented to www.alt-mba.com program in mid-2009. The aspiration to enjoy the journey is laudable, but your mileage will naturally vary with the techniques provided.

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Brief Highlights Richard Prest, June 2009

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Work expands to fill the time available for its completion - Cyril Parkinson , 1955. Limit Work Time To Focus On The Important

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Filling the Void Add Life after Subtracting Work “ I believe that life exists to be enjoyed and that the most important thing is to feel good about yourself.” - Timothy Ferriss, 2007

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PHIL-200 Business Ethics Maryanne Cliche [email protected] • 1. INTRODUCTION • 2. RECAP • 3. THE MEANING OF WORK • 4. THE VALUE OF WORK • 5. BUSINESS’S RESPONSIBILITIES FOR MEANINGFUL WORK • 6. SOCIAL ENTREPRENEURSHIP • 7. HOMEWORK PLAN FOR TODAY HOMEWORK FOLLOW-UP • Consult all the resources on C4 • Read Chapter 4 of your textbook • Answer the questions: • A)How can the corporate culture influence the employees’ behavior? • B) How can a business leader influence his or her employees’ behavior? • C) What is a corporate culture? How is it linked to business ethics? • D) Name 3 tools that can help building an ethical corporate culture. RECAP CORPORATE CULTURE- DEFINITION ‘’The values and behaviors that contribute to the unique social and psychological environment of an organization.’’ Source: Business Dictionary CULTURE & ETHICS In situations where the laws is an incomplete guide for ethical decision making; = The business culture is likely to be the determining factor in what gets decided. Source: Textbook, p.83 CULTURE & ETHICS An ethical culture therefore would be one in which; = Employees are empowered and expected to act in ethically responsible ways even when the laws does not require it. Source: Textbook, p.83 ETHICAL LEADERSHIP & CORPORATE CULTURE Who is responsible to establish the corporate culture within an organization? 1. Personal behavior 2.Allocation of resources 3.Business performance is combined with a set of ethical values BUILDING A VALUES-BASED CORPORATE CULTURE 7 Steps Program BUILDING A VALUES-BASED CORPORATE CULTURE 1. Confirm the commitment of the key leaders 2. Create and Adopt a Mission-Vision-Values Statement 3. Create and Adopt a Code of Conduct 4. Provide an Ethics Hotline and a clear Policy on Whistleblowing 5. Provide Trainings and Information 6. Adopt Incentives 7. Monitor and Audit THE MEANING OF WORK THE MEANING OF WORK A job, something done to earn money. Source: Business Dictionary online THE MEANING OF WORK Work is a very important part of our lives, it is associated with money, social status, responsibilities and happiness. THE MEANING OF WORK Work can also be perceived as a burden, and as a necessary evil to avoid whenever possible. THE MEANING OF WORK How we perceive work affect our; • Performance • Productivity • Capacity to be promoted and get better wages • Absenteeism or presenteeism ‘’Presenteeism occurs when employees are physically present, but due to an unaddressed physical or emotional issue, distracted to the point of reduced productivity.’’ Source: Workplace strategies for mental health THE MEANING OF WORK The meaning and value of work can contribute significantly to improve or reduce self-esteem as well as physical and mental health. • Work can be fulfilling, uplifting and exalting – work can make you a better person. • But it can also be degrading, tiresome, annoying and ma.

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