The Princess Who Understands Conflicts and the “Schlub” Factor

Unlike other royals and celebrities, the Duchess of Cambridge (aka Kate Middleton) does not accept free clothes from designers. Sacre bleu! A royal who understands conflicts of interests! Why, most of them don’t even understand conflicts of interest within the bounds of matrimony, i.e., dating another whilst married does tend to create conflicts. The Duchess, who will one day be queen, pays for her clothes. She even goes to shop for her own clothes. Oh, if she could just do a few seminars for Hollywood and corporate royalties to help them understand the risks of freebies.

It also sounds as if the Princess understands the importance of the “schlub” factor — we retain humility and keep an ear to the ground when we keep doing the day-to-day tasks the rest of the world must do, and all by their lonesomes. Having “people” who do your errands and serve at your beckon call has an impact on more than humility — it increases isolation, decreases candid feedback, and raises the level of self-importance to one of belief that the rules do not apply to you. Often called “The Bathsheba Factor” it gained its name through King David’s folly.  A king who quit going to battle and had others manage his troops, keep up the palace, and cook and do all functions except stare out the window for the king.  With a little too much time on his hands, David did just that and whilst staring out the window, noticed an officer’s wife bathing.  He summoned said officer’s wife (one Bathsheba) to the palace.  The result was an expectant officer’s wife — Bathsheba was with David’s child.  Despite questions and concerns from hsi underlings, David sent the poor and loyal  officer, who was unaware of his wife’s infidelity, into the frontlines of battle where he was killed.  David and Bathshebe then married quickly to cover their indiscretions.  The result was multi-generational misery in David’s family. And thousands of years of royalty with incredibly poor judgment, until now.  If Princess Kate understands conflicts of interest, we can expect great things and a continuing humble countenance when she becomes the queen.


About mmjdiary

Professor Marianne Jennings is an emeritus professor of legal and ethical studies from the W.P. Carey School of Business at Arizona State University, retiring in 2011 after 35 years of teaching undergraduate and graduate courses in ethics and the legal environment of business. During her tenure at ASU, she served as director of the Joan and David Lincoln Center for Applied Ethics from 1995-1999. In 2006, she was appointed faculty director for the W.P. Carey Executive MBA Program. She has done consulting work for businesses and professional groups including AICPA, Boeing, Dial Corporation, Edward Jones, Mattel, Motorola, CFA Institute, Southern California Edison, the Institute of Internal Auditors, AIMR, DuPont, AES, Blue Cross Blue Shield, Motorola, Hy-Vee Foods, IBM, Bell Helicopter, Amgen, Raytheon, and VIAD. The sixth edition of her textbook, Case Studies in Business Ethics, was published in February 2011. The ninth edition of her textbook, Business: lts Legal, Ethical and Global Environment was published in January 2011. The 23rd edition of her book, Business Law: Principles and Cases, will be published in January 2013. The tenth edition of her book, Real Estate Law, will also be published in January 2013. Her book, A Business Tale: A Story of Ethics, Choices, Success, and a Very Large Rabbit, a fable about business ethics, was chosen by Library Journal in 2004 as its business book of the year. A Business Tale was also a finalist for two other literary awards for 2004. In 2000 her book on corporate governance was published by the New York Times MBA Pocket Series. Her book on long-term success, Building a Business Through Good Times and Bad: Lessons from Fifteen Companies, Each With a Century of Dividends, was published in October 2002 and has been used by Booz, Allen, Hamilton for its work on business longevity. Her latest book, The Seven Signs of Ethical Collapse was published by St. Martin’s Press in July 2006 and has been a finalist for two book awards. Her weekly columns are syndicated around the country, and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, Washington Post, and the Reader's Digest. A collection of her essays, Nobody Fixes Real Carrot Sticks Anymore, first published in 1994 is still being published. She has been a commentator on business issues on All Things Considered for National Public Radio. She has served on four boards of directors, including Arizona Public Service (1987-2000), Zealous Capital Corporation, and the Center for Children with Chronic Illness and Disability at the University of Minnesota. She was appointed to the board of advisors for the Institute of Nuclear Power Operators in 2004 and served on the board of trustees for Think Arizona, a public policy think tank. She has appeared on CNBC, CBS This Morning, the Today Show, and CBS Evening News. In 2010 she was named one of the Top 100 Thought Leaders in Business Ethics by Trust Across America. Her books have been translated into four different languages. She received the British Emerald award for authoring one of their top 50 articles in management publications, chosen from over 15,000 articles. Personal: Married since 1976 to Terry H. Jennings, Maricopa County Attorney’s Office Deputy County Attorney; five children: Sarah, Sam, and John, and the late Claire and Hannah Jennings.
This entry was posted in News and Events. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.