September 2014

Who Knew?

M

 

Photo Courtesy To : http://www.visualphotos.com/image/2×4592947/male_doctor_talking_to_female_patient_in_hospital

Venture Capital, an investment company, has been an old soul when it comes to investing money in health organizations. For decades, they have seen the potential in businesses that work on improving diseases. Whether it is hearing aid or a new drug that prevents heartache, Venture Capital is able to gain profit from these companies. Not only are they making millions of dollars, they can sit back and consider themselves to be “good people”.

Interestingly enough, this company, in the past, has profited mainly from cardiovascular issues or orthopedic issues; however, in 2013 and 2014 the capital is shifting to a different part of the body.

It is speculated that because of the aging population, the money is coming from the eyes and the ears. Ranging from the age of 65-78, the people needing aid for blindness or hearing loss is increasing. Yet, an aging population is not the only factor. It can be suggested that the capital is also shifting because more people are developing bad habits. For instance, now more than ever, people are blasting music into their ears and updating their profile pictures in the dark. Obviously, the damage you cause will eventually creep up on you. Investors are using this information to their advantage so that they can gain capital. An investor, David Douglass, also states that sick people and new innovations are the two things that will never end.

Who knew that disabling parts of one’s body could become profitable to someone else?

 

Article: http://online.wsj.com/articles/where-in-the-human-body-venture-capital-is-going-1410724817?ru=yahoo?mod=yahoo_itp

The Eternal Struggle of Equality In A Partial World

Article: http://www.nytimes.com/2013/09/08/education/harvard-case-study-gender-equity.html?pagewanted=all&_r=0

 

Only 24 executives are females out of the fortune 500 companies. To see why this is the case, Harvard School of Business came out with a 2-year study that tried to look deeper into why there was such an enormous gap between the number of men and women in business (in Harvard and America). The study showed the difficult time women had because they felt like society was judging them for things like being too “ambitious” or too focused on academics.

This reminded me of a book I read called Blink by Malcolm Gladwell that proves, through research, that our past experiences and our exposure to the media (like watching something that is degrading to women) has subconsciously formed our brains to make instant-and usually inaccurate-decisions about an individual; like thinking there is a relationship between a person’s qualifications and their gender.

This is where business ethics comes in. Corporations cannot allow negative experiences to deprive other stakeholders from the best candidate for a position! The world truly expects businesses to have impartial ways of selecting the top candidates for any job description. Let’s be real! It’s 2014! Unfortunately, even at the most elite and educated places we see discrimination. This means corporations have to focus on creating an equal platform for everyone, even if our “instincts” oppose it.