Last week’s print in
The Economist, Science and Technology section shares research data and debates the power of connecting biology to the ‘softer’ science of Management.
Connecting Biology with Business Management and Behavior
Do our genetics influence over which jobs we choose and how well we perform?
The answer is, yes. According to Dr. Scott Shane, a management professor at University of Ohio, this principle also applies to the business world as much as it does in our general life. He further states that our salaries also depend on DNA. Really? According to the research data, around 40% of people’s income is attributed to the genetics.
Also, researchers from NIS (National Institute of Singapore) state that the neurotransmitters and hormones play a very important role in how an individual’s genetic makeup translates into action.
Tracking Hormonal Balance Sheet for Employment, Training and Decision Making?
Could this be a potential new job role for HR and OD functional units? May be a new commercial software program could soon come in demand – ‘HR Hormonal Analytics’!! … That is, to help businesses decide, employ and train human resources based on an individual & group’s gene & hormonal trend analysis?
Not sure if I should be a skeptic. The idea has kept me curious and involved from last 2 years in the R&D, product development and market formation …
Ethics and Social Responsibility
I think it is a topic of Ethics up for much debate before pruning in the management & consulting market. Experts in NeuroEthics are working hard to form policies and controls to prevent misuse of such information in the business practice.
‘Neuroethics is a forum for interdisciplinary studies in neuroethics and related issues in the sciences of the mind. The focus is on ethical issues posed by new technologies developed via neuroscience, such as psycho-pharmaceuticals and other ways of intervening in the mind; the practice of neuroscience itself, including problems posed by incidental findings in imaging work on research subjects; regulation of neuroscientific technologies, and ways in which the sciences of the mind illuminate traditional moral and philosophical problems, such as the nature of free will and moral responsibility, self-deception, weakness of the will and the nature of personhood.’ Source: Journal, NeuroEthics