26. “Morality, Success, and Individual Happiness in Business: The Virtuous Pursuit of Values and Goals”
Abstract: The author of this article maintains that Ayn Rand’s version of virtue ethics can provide a powerful basis for operating a successful business organization. An argument is made that Ayn Rand’s Objectivist virtues can serve as an underpinning for a firm’s long-term sustainable success as well as for the flourishing and happiness of its employees. In order to attain a company’s goals, values, and purpose, these virtues must be integrated with the firm’s vision, culture, and climate. The Objectivist virtues are said to provide an integrated framework for employees’ decisions and actions. Leaders must link these virtues to the survival and success of both the firm and its employees. Toward the end of the paper a diagram is presented to aid the reader in visualizing the linkages among the ideas presented therein.