A Reformation, Really?
At the close of Drucker Forum 2017, Charles Handy called for a reformation of business enterprises. Frederick Bird and Henry Mintzberg responded with a tongue-in-cheek revision of Luther’s 95 Theses, their 9.5 Theses which included this paraphrase of Luther’s thesis #32:
Those who believe they can be certain of their salvation because they have achieved higher share value will be eternally damned, together with their consultants.
In the US, government seems to gladly allow enterprises to set their own scopes of responsibility, mainly shareholder value, even when that directly conflicts with the best interests of the employees and the communities affected by the production, transportation, and disposal of their products. (Here’s a recent glaring example).
Could it be that in our zeal to separate economic and political considerations, we’ve absolved businesses of moral responsibility and stalled the conversation about the equitable distribution of costs, income and wealth? Continue reading In the Absence of Good Leadership, We Must Lead Ourselves