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Governance

Book Review: Everybody Matters by Bob Chapman and Raj Sisodia

December 4, 2015 0 Comments
Book Review: Everybody Matters by Bob Chapman and Raj Sisodia

I am grateful that I had Chapman’s book “on the shelf” (in the electronic reader) to read. I had just finished Jeffrey Pfeffer’s book, Leadership BS, and was pretty down based on what I had read. What a delight and contrast, to pick up Chapman’s and Sisodia’s book. It has renewed my faith in human […]

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Milton Friedman Is Wrong

October 21, 2015 0 Comments
Milton Friedman Is Wrong

I think he has always been wrong, but then, legally, he was more right than I. Friedman once said in a 1970 NY Times Magazine article that “businesses’ sole purpose is to generate profit for shareholders.” The title of that article is “The Social Responsibility of Business is to Increase its Profits.” My understanding of […]

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Conscious Capitalism

April 4, 2013
Conscious Capitalism

There seems to be a big movement towards businesses being more “compassionate,” “conscious,” and/or “triple bottom line oriented.” Maybe it’s the chaotic times causing everyone to be looking for meaning. I’m sure there are many, many books out there on the subject of developing meaning in chaotic times. A few have crossed my desk in […]

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Corporate Strategy: A Common “Vision” or Strategy is Essential

March 13, 2013
Corporate Strategy: A Common “Vision” or Strategy is Essential

Recently I read on a leadership blog, that the author felt that an overriding corporate strategy is a “fool’s errand.” Freek Vermeulen reasoned that divisions or business units in larger companies often have widely different goals, products, consumers and even “brands.” Therefore, a one-size-fits-all corporate strategy is impossible to implement and could harm the organization. Well, perhaps […]

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And We Wonder Why?

July 14, 2012
And We Wonder Why?

A recent survey of senior executives in Britain and the U.S.A. found 24% consider unethical or illegal conduct is needed for success in the financial world. The study also revealed that 30% felt pressure over salaries to compromise their ethics. 16% of executives said they’d commit insider trading if they “knew” they could get away […]

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I Have Met the Enemy . . .

February 8, 2012
I Have Met the Enemy . . .

Missteps There has been a rash of company “screw ups” these last couple of months. Everything from very public embarrassments of leading companies with respect to privacy issues, failures to acknowledge “do not track” requests to my own personal problem with my long time bank. It seems we forget, every now and then, who we […]

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Does CSR matter to your company?

January 10, 2012
Does CSR matter to your company?

Isn’t it enough to keep people employed and earn a profit? The short answers to those two questions are: yes Corporate Social Responsibility (CSR) matters and no it isn’t enough to just employ people and earn a profit; and it never really has been otherwise. The truth is that now there is more transparency (like it […]

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Clay feet

April 20, 2011
Clay feet

David Sokol has had to leave Berkshire Hathaway under an “ethics cloud.” As you would expect, there is much speculation around how much of this falls on Buffett and what he should be telling us about the incident. My view is that Buffett owns it all. Harsh? Maybe, but I think  not; and I suspect […]

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Profitable Ethical Business

March 22, 2011
Profitable Ethical Business

Nice guys finish last. The only reason for a business to exist is to increase shareholder value. As long as it’s legal, you can do it. If it’s not legal and the fines are less than compliance costs, you can do it. If you think you won’t get caught, you can do it. Caveat emptor. […]

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The crooked timber of humanity . . .

November 1, 2010
The crooked timber of humanity . . .

The wealthiest 1 percent of families owns roughly 34.3% of the nation’s net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%.

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