Speed. Change. Time. LO10248

Sun, 29 Sep 1996 18:22:55 -0400

Replying to LO10210 --

> From: Rol Fessenden <76234.3636@CompuServe.COM>

> The reality is that companies are very confused about [the money] issue.
> Ben
> used the example of people having to breathe, but that is not the same as
> saying they exist to breathe. On the other side, though, companies
> frequently _do_ say that their goal -- primary goal or only goal -- for
> next fiscal year is to make $xxx profit or $yyy sales, or some other
> profit-oriented goal....
> The good companies understand this, and they set different goals.


I realize I'm naive about this subject, but I'll ask my question anyway:
I've heard some CEO's say that their only constituency is the company's
shareholders. While I realize that this may be an extreme perspective, it
brings up an important point: If the shareholders' connection to the
company is only in terms of money, don't the shareholders act as pressure
on the company to place profit above every other consideration? I guess
this leads to the question of what constitutes a "good" company and from
whose perspective such a judgment can be made.



Jeff Brooks <BrooksJeff@AOL.com>

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