Six forces repairing business
Change is here. It’s not stopping, it’s accelerating. The days of organizations not being responsible for the impact of their business are over. The days of humanity serving capital, instead of capital serving humanity, are coming to a close. This change is coming from many directions. Here are six forces …
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The failed experiment
The business mandate on shareholder value at any cost, wasn’t always the way businesses were run. In the 1970’s, the economist Milton Friedman, introduced the concept of financial maximization, saying “The social responsibility of a business is profit.” Just like the inventor of the lobotomy, Friedman, went on to win …
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