Why to obtain a degree in Business Law -Magister-, A clue in the book «The three pillars model for business decisions -Strategy, Law and Ethics-«.

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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 me 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 -LLLM-; 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 – Professor George Siedel , University of Michigan- which highlighted and summarizes some connections between Business Strategy, Law and Ethics, I remember to having felt the «Aja!!» effect.

Edwin HerAnandez Roque, Magister in Business Law

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 legitimate interest of the business stakeholders, it drives to more conscious and sustainable businesses.
  • Risk Management, a way to comply with fiduciary duties in business direction.
  • Manage the business pressures: risk of fraud, corruption, or bribery are still there.

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