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Common Stereotypes of the For-Profit World

Those in the ivory tower as well as those working in the "real world" surrounding it have often looked upon each other with disdain - the product of both real differences between the two and a lack of mutual understanding.

If you are contemplating work outside of the academy - either out of desire or necessity - and are filled with mild dread at the prospect, it is worth your time to consider whether your conceptions of the outside world (including the business world) are accurate. Like many employers' stereotypes of PhDs, those held by academics about the for-profit world deserve examination - and often rejection. The business world is a highly diverse place, and it is quite likely some enterprise within in can accommodate your occupational requirements.

People in the business world have no social consciousness or moral backbone.

While business theorists are interested in making companies more successful and success is often measured in terms of profits, many of their basic concerns are social and political, grounded in a desire to further the humane treatment of people and the growth of democracy. For example, the influential management theorist Peter Drucker held business to a high standard when he argued that ''free enterprise cannot be justified as being good for business, it can be justified only as being good for society.'' Charles Handy, Peter Senge, Rosabeth Moss Kanter, and Paul Hawken are just a few other writers who set equally high standards. While not everyone working in the business world may aspire to such ideals, you can look for people (and companies) who do.

Business people care about money to the exclusion of everything else (intellectual concerns, moral issues, etc.).

  • Fundamentally, business is about profit, because without it there is no business. But most successful businesses incorporate intellectual rigor, ethical concerns, and humane treatment of their employees into their enterprises.

  • However, particularly with regard to intellectual and theoretical issues, business people respond to different kinds of pressures than academics and therefore can take different approaches. Analysis and theorizing in a business context must respond to the real-world pragmatic needs of the business and to the time pressure imposed by an audience (customers) that can't wait and competiton that won't.

  • While ex-academics find they have to adapt to the different rhythms of the business world, many report that they find the prompt feedback of real-world implementation to be just as intellectually stimulating as their academic work.

People in the for-profit world march to the rhythm of the corporate machine. They live in a world devoid of ideas and are incapable of creative or even independent thought.

  • The business world is a large and diverse place that encompasses (originally) small, ethically-minded enterprises like Ben & Jerry's as well as large corporations like GE, Exxon, and IBM. Just as work environments and cultures can differ between disciplines or between different institutions, so there is little cultural uniformity in the business world. You may find some business cultures to be a poor match with your interests and values, but it is reasonably likely that others exist that would match your requirements.

  • Some businesses may have strongly hierarchical organizations, and this may mean that those at the bottom of the organizational structure have little opportunity for creative action. However, many companies recognize that the creativity and independence of their employees is fundamental to their success. For example, 3M encourages its employees to spend some portion of every work week fiddling with new ideas, some of which may eventually turn into new products.

  • Of course, the academy - though it strives for originality - is certainly not immune to lemming-like behavior in the face of a popular new theory. It is certainly not unknown for an academic to embrace a particular approach or to theorize conservatively knowing his or her tenure review is approaching. Alternatively, how often have young academics been told that they should cast their research in a particular manner in order to appeal to the market?

Business people want to shape the world (i.e., manipulate people into buying their products) rather than understand it.

  • Businesses that rely on manipulation or deceit to sell their products are likely to be short-lived, particularly as the internet provides the opportunity for consumers to share information about deceitful practices widely. Good sales people want to develop long-term relationships with customers by presenting them with products that they actually do need, thereby encouraging them to return to buy again when the time comes. In order to do so, it is crucial to understand both the needs of the customer as well as his or her experience with the product after purchase. In other words, the business person who does not understand the world will not do business for long.

People in the business world are aggressive and obnoxious.

  • Business cultures and academic cultures are different, as Jennifer Stone Gonzalez discovered. In some instances, a business environment may be more competitive, and communication between employees (who must work together) may be more direct and apparently confrontational than that between academics (who can often avoid their colleagues if they wish). These differences may be difficult to get used to, but one History PhD now working at Intel reports that she finds the directness and honesty displayed by her colleagues to be refreshing after the cloak-and-dagger politics of her department.

Resources about company cultures...

Resources for researching companies:

  • The 100 best companies to work for (Fortune.com)
  • *Hal Morgan & Kerry Tucker, Companies that care (New York, 1991). D3 1991
  • Susan Cohn, Green at work: Finding a business career that works for the environment (Washington, DC, 1995). (Held in UNDERGRADUATE library)
  • The best companies for women (Women's Wire)
  • *Baila Zeitz & Lorraine Dusky, The Best Companies for Women (New York, 1988). D1988
  • *Ed Mickens, The 100 best companies for gay men & lesbians (Pocket Books, 1994). D1994
  • *Daniel Baker, Cracking the Corporate Closet: the 200 best (and worst) companies to work for... (New York, 1995). D3 1995
  • The best companies for minorities (Fortune.com)
  • *Lawrence Graham, The best companies for minorities (New York, 1993). D3 1993
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