For years many organizations became entrenched in the ideology of profits and productivity. Media depicts the avarice of organizations and its stakeholders to obtain short term profits at the expense of employees and consumers. Thanks to the media and a turbulent economy, many of these organizations and their egregious captains have been exposed.
For many years organizations believe that the best method to improve the bottom line is terminating vast amounts of employees. The savings improve cash flow and assist capital projects. However for years this tactic has become stock market fodder as companies continually use the same formula repeatedly with little net increase other than slowing hemorrhaging. The ideal invokes a lust for money and worse yet, dispassion for employees. Talent must not be treated as liabilities!
One CEO believes similar. A recent advertorial in the Sunday February 8 edition of the New York Times authored by Steven Korman of Korman Communities invites fellow CEO's to think of employees rather than short term profit. Our academic and professional research illustrates similar. It is time to refrain from thinking of numbers and balance sheets and think of families, values and assets. Rather than making employees expendable at the hands of the egregious, perhaps those that are irresponsible become liabilities themselves. Kudos to Mr. Korman and others like Stevens Consulting Group who will take less to enhance the lives of others.
© 2009. Drew J. Stevens Ph.D. All rights reserved.
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