
I followed my career path sensitive to a reality: Always something «legal and etch» was framing the decision making on the strategy- either explicitly or implicitly- ; Always I needed to have a sense of direction in the decision making for the professional life – my personal too- ; it drives my to be involved in the law and ethics world with formal structures, therefore I choose to make a journey in a magister in business law Program -LLM-; at hindsights – and fortunately- it pays back.
Before my application to the LLM program in the Pontificia universidad Católica de Chile – rank 1 LATAM- I made research and found and interesting book – Profesor George Siedel , University of Michigan- which highlighted and summarizes some connections between Business Strategy, Law and Ethics, I remember to having feel the «Aja!!» effect.
For the benefits of those who are interested in this matter I share some connections and lights that I find in the book, enlighten my during my studies in the LLM, and I found in the professional life :
- Meet your Customer´s. Needs: Transform Product Liability. into Product Innovation.
- Use Employment Law to Attract and retain the Best Business talent.
- Use Government regulation. to develop New business models
- Develop Contracts that create value for both sides
- Use Dispute Resolutions Processes for Value Creation.
- Create and Lead an Ethical Business.
- Keep in mind the competition law – or anticompetitive law- there are some clues for competitive advantages effects there.
- Best Practices in Compliance and Ethics, is a source of sustainable businesses.
- Consider the legitime interest of the business stakeholders, it drives to more conscious and sustainable businesses .
- Risk Management, a way to comply with fiduciaries duties in business direction.
- Manage the business pressures: risk of fraud, corruption, or bribery are still there.