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                                                         Why Business?

 

            Initially, being presented the question “why business,” I could not offer an answer with much depth. My response was rather simple minded; I am planning on being a clinical psychologist and owning my own practice, and to do so, I need some general business competence and knowledge. Becoming a clinical psychologist still remains my goal for the future, and through attending class and reading Drucker I have been able to establish an in-depth explanation as to why I am interested in business, and how it applies to my intended future career as a clinical psychologist.  In his essays, Drucker provides extensive insight on business and society in general. He includes ideas about education, values, and time which have helped me gain more awareness of the ultimate question, “why business.”

 To understand why I want to become a clinical psychologist, first you have to understand my values; Drucker presents a quote that caught my attention. In his discussion about the importance of realizing your own values, in this quote Drucker has come to understand his values of life, he states: “People, what I realized were my values. I saw no point in being the richest man in the cemetery.” This quote grabbed my attention for many reasons. One reason has to do with why I am pursuing a higher education in the first place. I, unlike many students, am not attending college for financial growth. In fact financial growth is the exact opposite of what is happing by my attending school (especially Pacific Lutheran University). I am here to learn how I can make a difference, and how I can contribute to the greater good of our society. Throughout my whole life, I have always wanted to help others. Along with that, I believe everyone has the right to seek and find happiness in his or her life. It is my hope that I will be able to help provide that for people. To do so, I need to understand people. Psychology seems like the best option to provide such services, and I am attending school to learn how to do so.

 Drucker also discusses the value of time. He stresses the importance of using time efficiently and effectively. I also value time because I understand we are only provided limited amount of time in which to liver our lives. Drucker states,

“The supply of time is totally inelastic. No matter how high the demand, the supply will not increase. There is no price for it and no marginal utility curve for it. Moreover, time is totally perishable and cannot be stored. Yesterday’s time is gone forever and will never come back. Time is, therefore, always in exceedingly short supply”.

Understanding this view, as I share the same one, is essential to understanding why I want to pursue a career in psychology. I believe though psychology, I will be able to give back to my community by doing something which I love and find intriguing.  If I can do that, I will never view my time as wasted.

Something I found rather startling were the answers to the question of, why business, when it was presented to us on the first day of class. Most students said they were interested in business because they wanted to make a lot of money. Drucker actually confronts this issue when talking about “liberal education”.  He discusses the first intention and value of a “liberal education”, which tends to take on a more humanist stand point at first, but he further discusses how these face values and views have depleted over the years. Drucker explains that it is “liberal education” that has become the “brightest desert for crass, vulgar, money grubbing reality”. I find view this particularly ironic considering the correlation between the responses we heard in class, and the fact that PLU’s main marketing draw is the education one will receive, which is rooted in liberal arts.

 I do value money. It is essential to our society’s survival, but it has never been my main focus.  When it comes to my purpose of life, I do not place much value on it. I have a egalitarian view of life, and I place value in the idea of an equal, helpful, and peaceful lifestyle. So, taking business to become rich is not why I am here. I am here because I am more interested in the overall view of life. Our society is SO economically driven, and business is becoming increasingly important. Understanding why and how business works, and how it influences us is the reason of why I am taking a business class. I am here for the “liberal education”. I want to be educated and have a general understanding of our culture as a whole, and I believe business can offer a lot of insight as to how and why our society as a whole functions the way it does.

Knowledge is power. As I have just stated, business is our countries means of surviva. Without business or innovation, jobs would not be available, and without jobs, cash flow would greatly be reduced. When cash flow is restricted our economy suffers, and with economic suffrage, our nation suffers considerably. Just like the cycle of life, each aspect of business affects another. I believe this understanding is vital and necessary. To have a understanding of business is to have a greater understanding of all the other aspects of life in today’s industrialized society. In his book, Drucker applies the importance of knowledge to business; I, however, apply knowledge of business to my future career, and to being a well rounded citizen. In either case, his quote concerning knowledge is interesting, and I believe it can be applied to either scenario. He states, “With knowledge becoming the key resource, the educated person faces new demands, new challenges, and new responsibilities. The educated person now matters.” To actively function into today’s society an individual’s amount of knowledge becomes extremely vital. As I said before, knowledge is power, and today in America, business plays an active role in our everyday lives. That Is why I believe it is important to have at least a general understanding of business. Knowledge of business makes a better-rounded individual.

 So, “Why business?” Because it is applicable to today’s industrialized mode of production. It is essential to western means of living, and within this cultural context, I have found a career that I would like to pursue rooted in my values and beliefs of how society should function. To say that business does not play a key role in my life would be ignorant. It impacts me in ways I am sure I do not even realize. Therefore, I propose, why not business? Why would I not want to be educated in an element so relevant to my generation’s upbringing? As Drucker states, “What we do need-and what will define the educated person in the knowledge society- is the ability to understand the various knowledge’s.” By taking this business course, understanding various knowledge’s is exactly what I am trying to achieve.