Tag: Stakeholding

Is the third way simply an eclectic compromise which offers to drop any unpalatable bits from the familiar ideologies of far right and far left? I argue that if there is a third way, this is not where we will find it.

The view of business as necessarily selfish, narrow and instrumental, is, as it always has been, nonsense. Business which is selfish in motivation, narrow in outlook, and instrumental in behaviour is rarely successful business.

There is a clear distinction between businesses whose characteristic is to develop a professional service in order to serve all its stakeholders and businesses whose focus is mainly to maximise shareholder return. Which is likely to be more successful?

What are the responsibilities of Shell to society at large? There is a simple answer - and it’s wrong.

How are we to deal with businessmen who won’t play fair? There are three responses, and the one most under-rated is to regulate by a system of values.

Sport is a better metaphor for business than most: which makes the tawdry spectacle of Atlanta 1996 all the more depressing.

Competition is a powerful stimulus to efficiency, innovation, and customer service. We can believe these things, and should, without feeling obliged to accept the political agenda of libertarian individualists. The language of inclusion provides the basis for doing so.

We are converging on the plc as the only form of economic organisation in the modern world. But this is not without costs - and it is because we are not giving viable alternatives any legal encouragement.

Is there a difference between a “stakeholding” corporation and one focussed on shareholder value? Yes: by treating customers and employees as ends, not means, companies do well by doing good.

A modest proposal for the founding of the “customer corporation” in utility industries.