So Why is Business Not Popular?
The reason is that on occasion, companies act without any ethical or social consideration. As an obvious target, in his speech, Lord Jones quite rightly identified Sir Philip Green as a good example of a business leader who lacks any moral or ethical compass.
But, there are other considerations to be made too. Low levels of investment in the labour market across many industries, zero-hour contracts and a concentration of wealth towards the South East financial sector are other examples used to generate malcontent amongst the public.
It can also be argued that businesses do not help themselves by focusing on short-term profits and shareholder benefits. Instead, they should be eyeing the long-term game by increasing wealth for the whole of society and not just the few. Surely this would create more acceptance by the public at large and put the political establishment in its place.
‘BT to shed 4000 jobs in new overhaul’
Neil Wilson, Senior Market Analyst at ETX Capital said…
So here’s the question.. Is BT, who has the monopoly on the UK’s Telecoms infrastructure, still fit for purpose to take care of the majority of our telecommunications?
Revealing the leadership secrets for a successful business
Lessons from high performing business leaders