A First Step

Business Roundtable: According to the reporting I’ve seen, the Business Roundtable has declared that they are changing the focus of their business from maximizing shareholders’ returns to improving the experience of all stakeholders. Stakeholders are made up of individuals or groups that have an interest in the success and progression of a company. External stakeholders comprise vendors, customers, neighboring companies, …

Accountability Wells Fargo

What Do We Expect?

How You Play The Game: When I was a boy, I learned that we play to win, but how we play the game is more important than winning. If I was caught cheating I was out of the game. I learned a similar lesson when negotiating with other people. The lesson was to negotiate the best deal I could, but …

Everybody Matters

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 nature. In this well written …

Triple Bottom Line

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 the last couple of years: …

Advisory Board Strategy

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 we are quibbling over words, …

Fallen Leaders

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 with it. The study also …