Why is Wealth Important? LO8243

Archie Kregear (kregear@lims.lockheed.com)
Mon, 01 Jul 1996 14:28:07 -0700

The following is some excerpts I have cut from previous posts.

==========quote=========
Finally, I'll answer the question, in context of both personal
and organizational wealth: Why is wealth important?
Because the ethical pursuit of wealth -- at any level --
requires individuals to grow and constantly develop their
abilities and their greatness. In the end, according to my
belief structure, individuals are the most important element
of an organization -- and it is for their success that an
organization should exist.
===========end quote========
AND
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A, It gives me an opportunity to invite, again, a reflection on the
distinction of wealth and money.

B. Without disagreeing with your closing sentence the problem is that
'should' is not the same as 'does'. I wonder if the key question is not so
much 'who' benefits from the survival/ success of the organisation as
'what' benefits.

If Price
The Harrow Partnership
Pewley Fort Guildford UK
101701.3454@compuserve.com
--------------------------------------------

I have followed the discussions on wealth over the past weeks, with the
following concept in the back of my mind. I once heard that "A truely
wealthy man will never be poor." A poor man may work to earn a lot of
money, and become wealthy. What I see is the process of working, earning
and becoming that is important. These are the means that justify the end
result (to include that thread). However, I do not agree that
organizations exist for the success of individuals who are part of the
organization. An organization must exist for the good of the collective
whole, but not necessarily for the good of the individual.

Individuals, presently in our society must become individual
entrepreneurs. They must develop their own skills and then offer
themselves to an organization or set out themselves to provide a service
to society or a segment of it. In most cases, as soon as an organization
fails in its efforts to add value to society or the marketplace, the
individuals are released as well as the objective of the organization.
Either the individual business fails or the corporate business unit fails.
Those who are wealthy (in knowledge, experience, money, property,
investments, whatever) will be able to survive. Those who are poor
(non-wealthy) will continue to rely on society to provide. I do agree that
the pursuit of wealth is critical, not for the end result however. It is
critical to lead individuals to their greatness.

Archie Kregear
kregear@lims.lockheed.com

"We can have more than we've got because we can become more than we are."
-Jim Rohn

-- 

Archie Kregear <kregear@lims.lockheed.com>

Learning-org -- An Internet Dialog on Learning Organizations For info: <rkarash@karash.com> -or- <http://world.std.com/~lo/>