Wednesday, May 2, 2012

The Current Business Paradigm Is Toxic to Business and Society. Here's How We Change It

The Current Business Paradigm Is Toxic to Business and Society. Here's How We Change It
"The current business paradigm can be summed up in its four flawed principles:
• The business of business is business
• A business exists to maximize value for its shareholders
• Short-term profits are maximized even at the expense of a company's long-term financial health
• Compliance can be equated with business ethics"