Wednesday, September 15, 2010

IMHO II – What is the goal of a Corporation anyway?

Should we really be surprised when we hear that yet another greedy bunch of executives have lied and cheated their way into making a fortune while leaving investors, clients and suppliers high and dry? After all, greed is the character trait corporations look for in their executives as they well know that if they succeed in harnessing it, they will ensure the financial success of their organization. Problem is that organizations now seem to have a much harder time controlling the greed of their executives than they did years ago. Execs know that with only one little crooked deal, they can make enough money to last a lifetime and, if they don’t get caught, they can start again the next day at another company.

In my hair-raising opinion, a corporation’s success should not be measured only by the bottom line. It should take into account social responsibility aspects such as fairness to employees, respect for the environment, etc. Using such an approach, execs would have no choice but to take these factors into account since their compensation would be linked to them. I think it’s about time we revisit the savage capitalistic model that has driven western society to the brink of self-destruction and take a more holistic approach.

Wednesday, September 8, 2010

IMHO I - The Boomers

No but really, what a bunch of spoiled brats… Not only have they had and eaten their cake but now they are leaving us to clean up their dirty dishes. Of course I am talking about the baby boomer generation. You know who they are: they’re the people that have high paying jobs with full pensions, drive expensive cars that guzzle gas like there is no tomorrow, wear expensive clothes imported from god knows where, drink expensive “fair trade” coffee in throw away cups, have plastic surgery to try and hold back the years and then moralize us on how we need to do more for the environment they massively contributed in destroying.

These may seem harsh words but I do think a lot of people see it the same way. Not a day goes by where one can’t find a headline showing boomers asking for more or wanting to contribute less. And, of course, our political establishment is listening because not is it mostly made up of boomers but also because boomers represent the bulk of the potential voters who actually show up at the polls on Election Day.

In my hostile opinion, we, the non-boomers, should do everything in our power to ensure that they, the boomers, foot the bill of their excesses while they are still around; the clock is ticking. The best place to start is by exercising our right to vote.