Woodstock Business Conference
Introduction

Contents


Business is a calling, a vocation.… The business leader needs to be able to perform, to answer the call, with skill, competence, and peace of mind.

Introduction

Today, business demands constant vigilance on the part of the busy executive who must attend ceaselessly to the enterprise to keep it viable and growing, to meet competition, and, above all, to make a profit. The executive must account for business decisions to the board, shareholders, lenders, other stakeholders, as well as outside financial analysts in the case of publicly held companies.

Moreover, the business enterprise itself plays a fundamental role in public life. As they address the needs of their companies, as they evaluate, judge, and act on behalf of their businesses, corporate executives and entrepreneurs are constantly making moral decisions that affect not only themselves and their organizations but also the broader community and society at large.

In mediating conflicting claims to financial and social prosperity a business leader must draw upon his or her convictions, beliefs, and experience about what is the right thing to do. The executive is not lost at sea. Ethical and moral values, like gyroscopes, provide the steady guides that ground the executive's decision making, as well as the structures and systems that support the executive's enterprise.

Business is a calling, a vocation. Business people employ their own talents and skills, the assets of their companies, and the structures and resources of the wider society for the creation and maintenance of wealth, employment, and products or services. The business leader needs to be able to perform, to answer the call, with skill, competence, and peace of mind. Often, sleepless nights replace peace of mind in a world of pressure-filled day-to-day judgments, decisions, and actions.

The Mission


MISSION STATEMENT

The mission of the Woodstock Business Conference is to establish and lead a national network of business leaders to explore their respective religious traditions in order to assist the individual executives:

  1. to integrate faith, family, and professional life,
  2. to develop a corporate culture that is reflective of their religious faith and values,
  3. to exercise a beneficial influence upon society at large.

The Conference, grounded in the Roman Catholic tradition, welcomes believers who are open to and respectful of one another's religious traditions. It is committed to the conviction that ethics and values grow out of one's religious heritage.

 

The Woodstock Theological Center recognized over a decade ago the importance of engaging business leaders in its work of "reflecting on serious human problems of our day." From the experience of groups of business leaders who met in pilot chapters begun in Washington DC, New York, and Milwaukee in 1992, the WBC developed and tested a format and a method that are now available for use by a wider national audience of business executives. These chapters address the practical day-to-day issues confronting busy business executives. These issues are explored in local chapter meetings against the background of scripture readings and with topical background articles. Participants discuss these topics within a proven process that promotes cumulative and progressive understanding, sound decision making, and action grounded in values

The WBC also produces a newsletter for members of existing chapters, individuals participating in earlier national conferences, and those who are interested in expanding the WBC's mission through the establishment of local chapters in their communities.

Why the Conference?

Everyone searches for meaning in life. The search is not limited to the private dimension of family, friendship, and personal development; but also includes the world of work and profession. Often the search is accelerated by feelings of agitation, restlessness, and sleepless nights. This search may lead thoughtful men and women of faith to sense an apparent difference between faith experience and experience in the market place. They may recognize a gap between moral expectations and their actual experience in the corporation. On serious reflection, a person may see through their faith that we are loved by God and called to love one another as inconsistent with the sometimes harsh experiences of life in the day-to-day world.

Is peace of mind possible? Is this gap bridgeable? Is the apparent discrepancy between what we profess in faith and what we see and do in business either necessary or inevitable? Helping business leaders to answer these questions, to navigate in troubled waters, is what the WBC is all about.

WBC participants take care to identify values consistent with their religious commitments, to the end that their decisions and actions will be based upon ethical principles informed by and growing out of their religious faith. Religion in general, and particularly the Judeo-Christian tradition, contributes in a number of significant ways:

  • thousands of years of prayerful reflection have produced a rich treasury of thought directed to practical resolution of questions of right and wrong;
  • the motivational power of religious conviction sustains morally correct behavior;
  • a picture of the world emerges from which it makes sense for people to take the dilemmas of moral action seriously and make the effort to do the right thing;
  • a way of life is presented which is more comprehensive and demanding; and,
  • a community of believers provides companionship and opens access to a much deeper range of values than those expressed in the conventional wisdom of the day.

The Process

Achieving the threefold goals of the WBC requires continuing, cumulative effort over the course of a lifetime. If and when one does not constructively work at it, stagnation and back-sliding results. Life is a process.

The process has to be deliberate. Progress does not happen automatically; we have to be giving thought and paying attention to what we are doing.

The process has to have some design to it, concrete steps or stages that are practical means to the end desired. (The end desired is the three-fold goal of the WBC.)

The format followed by the WBC local chapters is such a process, not only for the meetings themselves, but also for use afterwards by individuals in reflecting on their daily work and making practical decisions about it, especially where there are ethical implications.

Curriculum

To assist those starting WBC chapters, the WBC national office has gathered materials for 16 discussion topics. Normally, topics arise out of the needs of each particular chapter and are generally based upon the discussions of a prior meeting. The 16 suggested topics are available for use by WBC chapters as the occasion arises. Accompanying each suggested topic (e.g. loyalty, decision making in the gray area, compensation, living as a person of faith in American society) is a scripture text, focus questions, and background materials from the business press. The WBC national office supports chapters by providing resources for additional topics and issues that have been found relevant and interesting by participants in the various chapters. Cases for discussion are also chosen with a view to exemplifying or illustrating a dimension or phase in the process itself.

Chapter Meeting Format

A typical chapter meeting runs about an hour and a half. The following format is generally used:

  • Gathering
  • Welcome and self-introductions
  • Reading of the mission statement
  • Reading of the scripture passage
  • Silent reflection on the scripture (5 minutes)
  • Sharing of insights on scripture by group (7 minutes)
  • Presentation of topic for discussion by one of the members
  • Discussion of the topic (45 minutes)
  • Reflection on and evaluation of the meeting and process (5 -10 min.)
  • Closing prayer

Leadership

The leadership of the Conference is in the hands of lay business leaders who grapple daily with difficult decisions in a complex business environment. They are the people whose decisions and actions have a significant impact upon their businesses, their communities, and society at large.

For more information about
the Woodstock Business Conference contact:

Woodstock Business Program
Woodstock Theological Center
Georgetown University
Washington, DC 20057-1137
202-687-6565
FAX 202-687-5835
Email: wbc-wtc@georgetown.edu

Website: http://woodstock.georgetown.edu/index.htm


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