Now that we're approaching the new year, it's time to look at the future and reflect upon the past.
We've seen how the lack of oversight and focus on growing the economy has lead to disasterous results. Greed and more greed has created a culture that forgot about the long range good of society, its resources and its people (who are actually its greatest resouce).
So now where do we go.
Well...first, we must recognize the importance of people and the strength a country can gain from building up its people economically, educationally, and health wise.
Strong leadership knows that without well educated, healthy, and an economically stable workforce a business (or society) will have trouble growing.
Taking excessive greed out of the equation will go a long way to achieving successful results.
I'm not saying to remove fair compensation and incentives...just understand how outrageous bonuses and salaries affects other stakeholders.
And...since business has had such a poor track record of regulating itself, it will, unfortunately, have to have the government impose regulations for the good of the society.
Geez, if we only had leaders who had the foresight and vision to focus on building businesses without taking stakeholders for a ride I'd be writing a different post.
Well, maybe someday.
Friday, December 26, 2008
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