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Old 05-05-2009, 07:44 AM   #44 (permalink)
Baraka_Guru
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Pan, you should have at least quoted Peter Drucker, who knew better than Ford: management isn't about production, price, and profit exclusively:
"[CEO compensation more than 20 times what the rank and file make—especially at companies where thousands of employees are being laid off]—is morally and socially unforgivable, and we will pay a heavy price for it.”

"[The concept of profit maximization] is a major cause of the misunderstanding of the nature of profit in our society and of the deep-seated hostility to profit, which are among the most dangerous diseases of an industrial society."

"To know what a business is, we have to start with its purpose. Its purpose must lie outside of the business itself. In fact, it must lie in society since business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer."
The problem isn't with business. The problem is with poorly managed businesses.

You can't fix this with guns.
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