I found the video of John Dean to be very interesting and informative. I like the fact that he believes that humanistic values are important in helping to make a business more successful. I agree with the core values of integrity, respect and trust being entertwined with visionary values of excellence, vision for the future and ownership to be among the most important values a company should have to be successful. This shows that the employees are interested in working to make their company successful and not just to collect their paycheck. They are invested in their jobs.
The book he talked about in which the authors did research for 6 years to find truly exceptional companies proved that caring about your employees, customers and stockholders can make you more successful that if your only concern is your profits. The example of the investment of $1 in 1926 and the return on that dollar by the excetional company spoke for itself. Who wouldn't want to invest their money in a company who will work to give you that kind of return on your money? ss
Subscribe to:
Post Comments (Atom)
1 comment:
Corporate governance relates to the issue of the framework of values under which a company performs. A question mark will always be raised about the level of a given company’s governance. Should a company’s governance structure the interests of the investors are taken care of? Or, should it ensure that the company does not indulge in corrupt practices or acts which are unethical and which may have greater consequences? Or, should it be both?
Post a Comment