Every generation blames the one before and all of their frustrations. The Gettysburg address has 286 words, the Ten Commandments have 179 words, last week’s Internal Revenue Bulletin to explain one part of the Patient Protection and Affordable Care Act was 270 pages and over 100,000 words. Family Business is faced with many issues, the [Continue Reading]
The Shareholder Value Myth And The Importance Of The Stakeholders
Shareholders vs. Stakeholders Lynn Stout’s book, The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public was a subject this week in Jack Welch’s blog, Tom Peters’tweets and an article in the Harvard Law School Forum on Corporate Governance and Social Reform.” “Shareholder-value thinking dominates the business world today. Professors, policymakers, [Continue Reading]
Matter of Trust
A few months ago a friend’s dad passed away. He was a talented guy, the entrepreneur’s entrepreneur! He had started a number of businesses and made a boat full of money. He was athletic, gregarious, the life of any party, generous and giving to his church and community. Besides my friend there were four other [Continue Reading]