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WHEN "BUSINESS WEEK" STICKS TO THE FACTS, IT CAN DO LITTLE WRONG. EVEN WHEN IT DOESN'T, GOOD SENSE OFTEN PREVAILS IN ISOLATED POCKETS OF THE MAGAZINE. BUT, THE AUTHOR NOTES, ONE WONDERS IF ITS EDITORS EVEN READ THE MAGAZINE, IN LIGHT OF ITS HOSTILITY TO THE MARKET, OBLIVIOUSNESS TO COMMUNISM & OTHER TREATS TO FREEDOM, & UNFRIENDLINESS TO THE SPIRIT OF A FREE SOCIETY, IN THE LAST FEW YEARS. ANALYSIS & EVALUATION.

AFTER THE 1994 ELECTION, TWO KINDS OF STORIES BEGAN TO APPEAR DESCRIBING RELATIONS BETWEEN THE NEW REPUBLICAN CONGRESSIONAL MAJORITY AND BUSINESS GROUPS. ONE KIND DEPICTED BUSINESS LEADERS ANTICIPATING TAX RELIEF AND RELAXED REGULATION. AS THE GOP MAJORITY ASSUMED POWER EARLY IN 1995, ACCOUNTS IN THIS VEIN TOLD OF BUSINESS REPRESENTATIVES MOVING AT WILL WITHIN THE CORRIDORS OF POWER, BRAZENLY REWRITING STATUTES IN THEIR FAVOR. THE SECOND TYPE OF ARTICLE PAINTED A DIFFERENT PICTURE. IT PORTRAYED BUSINESS LEADERS AND LOBBYISTS AS ANXIOUS ABOUT THE NEW POLITICAL ORDER CREATED BY THE ELECTION. BUSINESS LEADERS VOICED FEARS THAT REPUBLICAN PLANS, ESPECIALLY THOSE DESIGNED TO REDUCE THE DEFICIT, CUT TAXES, AND SLASH CORPORATE SUBSIDIES, PUT THE LONG-TERM HEALTH OF THE ECONOMY AT RISK. CONCERNS WERE ALSO EXPRESSED OVER THE POLITICAL TACTICS EMPLOYED BY REPUBLICAN LEADERS. ALTHOUGH THE TWO KINDS OF STORIES SEEM AT ODDS, BOTH CAPTURE FACETS OF HOW BUSINESS HAS RESPONDED TO THE REPUBLICAN TRIUMPH.

Buisiness Reengineering stellt die Prozeßorganisation als ein neues Element der Organisationsgestaltung in den Mittelpunkt. Gleichzeitig werden Prozesse durch die neuen Informationstechnologien als key enablers verkürzt und für die Mitarbeiter so überschaubar gemacht, daß sie im Wege der Selbstorganisation koordiniert werden können. Wenn es gelingt, Kernprozesse zu identifizieren und diese so zu gestalten, daß sie den gesamten Wertschöpfungsprozeß eines Produkts oder einer Dienstleistung umfassen, dann wäre das Schnittstellenproblem gelöst: Business Reengineering stellt dann tatsächlich eine 'Business Revolution' dar. (IAB2)

Pt. 1. Psychology and the worker; pt. 2, Psychology and the consumer; pt. 3, Agencies for psychological research in business.

The article suggests that in recent years, the problem of business ethics has come to the fore in the political and business life of many countries and has become a topic of debate in international organizations, and that governments are naturally worried about an apparent decline in the ethical standards of big business. It is argued that a number of considerations point to the emergence of new kinds of threats jeopardizing not only the interests of private business, but also the financial and economic security of entire states and the international community as a whole. These new threats are each explored in turn, including the abuse of offshore zones for the purpose of tax evasion and for criminal and terrorist purposes; insider trading; tax evasion with the use of gray, semi-legal schemes; and violations of the written and unwritten rules of business by investment and pension funds. The already evident costs of these threats are estimated, and a list is of concrete measures, which can be taken by the international community to meet the new challenges, is provided in conclusion.