Posts Tagged ‘corporation’

Ethics Essay: Its All About Money

admin | Friday, July 31st, 2009 | No Comments »
Ethics Essay Its All About Money Ethics Essay: Its All About MoneyMany people say; It is All About Money when it comes to big corporations. Well yes, that is their job to make money and yet if you look around today you will might take a look and see that every thing you see everywhere you go was brought or built by a corporation. You cannot have it both ways. These people say that the corporations only care about shareholders equity and quarterly profits and cannot therefore focus on customer needs?
Well I would say to them, then do not buy their products then if you do not like it. Vote with your dollar, go somewhere else. Buy online, buy from a co-op, buy from a small businessperson or grow it, build it and make it yourself? Free-markets also mean that you the customer are free to buy from whomever you choose. You do not have to stand in line for potatoes. Sheesh?

Is it true that sometimes companies falter in the compromises they make to keep their shareholders happy and customers too? Sure it is, nothing good in life is easy. As a founder of a Franchising Company, I can tell you that it is not the World’s easiest job. Yes, imagine if you ran a public company, which was a franchise system. Now you have another layer of people to keep happy.

You have to do what is best for shareholder, franchisee, law, customer and your own on-going vitality as a Franchisor. That is 5-mouths to feed and everyone must eat at the table or the lawyers and regulators come running to destroy it all.

1.) Shareholders

2.) Customers of Franchisees

3.) Franchisees

4.) Franchising Company

5.) Potential Investors of Franchise Outlets

If you cannot handle playing at that level then of course you end up going from a John Nash Utopia Concern to an “everyone loses except the lawyers” scenario. Of course the Government Regulators have never been in business, they don’t get it and the consumers know that they can get more by lying to regulators, just like the minority shareholder can launch a class action lawsuit.

It is becoming a lot like making a law you cannot spank your kid if they misbehave, soon the kids know this and gain control. This is one big problem with taking the power away in the classrooms and now they are giant babysitting facilities, where the kids are running the asylum? We must be careful in America not to over regulate our corporations or we will cause them great harm and in the end we all lose. I hope this article will propel thought in 2007.

“Lance Winslow” – Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; WorldThinkTank. Lance is an online writer in retirement.

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Tags: balancing, corporation, public, ethics, conduct

Leadership Ethics Training, Managers Must Have An Ethic in Workplace

admin | Wednesday, July 29th, 2009 | No Comments »
Leadership Ethics Training Managers Must Have An Ethic in Workplace Leadership Ethics Training, Managers Must Have An Ethic in WorkplaceFor years conventional wisdom suggested that people do not leave companies, but rather they leave because of bad business management also known as bad managers. Poor business management practices are more related to the problem of poor business ethics or values than to the common symptoms such as poor delegation or poor communication.
Every organization, no matter size, should have a written business values statement of non-negotiable behaviors that will be demonstrated by everyone. Each employee from top down needs to consistently demonstrate the same values and ethics. Inconsistent values from managers can dramatically affect employee motivation and ultimately employee performance.

A recently released survey from Florida State University of 700 employees within numerous industries and employment levels provides an insight into the lack of ethics by many mangers.

* Failure to keep their (managers) word – 39%
* Insulting employees behind backs – 27%
* Blaming others for bosses mistakes – 23%

All of these behaviors demonstrate that these bosses lacked personal values and personal ethics. This lack of ethical behavior may be attributed to top management because upper management has probably modeled the same behaviors. Finally, there is probably no core values adopted by the organization within the strategic plan. Even if there is a values statement, it is much more for show than for alignment of organizational performance.

With all the national attention on corporate malfeasance to corruption politicians, we, as Americans, should not be surprised by the results of this study. Poor ethical behavior attracts poor ethical behavior and becomes the justifying reason for continued poor ethical behavior.

To stop this negative drain on productivity and the U.S. workforce in general demands that organizations adopt a values statement of non-negotiable behaviors within the strategic plan to be demonstrated to all external and equally important internal customers. Failure to adhere to these values is a reason for termination and termination will happen.

Ethics and values are part of the performance for all individuals. If management fails to treat everyone with respect, then how can management expect loyal employees?

Leanne Hoagland-Smith, M.S. is a business coach who specializes in strategic planning in Indianapolis and near Chicago. She writes, speaks and coaches people in businesses to quickly double results through the creation of an executable strategic plan.

One quick question,if you could secure one new client or breakthrough that one roadblock holding you back from success, what would that mean to you? Then, take a risk and give me, Leanne, a call at 219.759.5601 to experience incredible results.

Visit this site and explore everything from free articles to connecting with Leanne.

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Tags: management, ethic, ethical, corporation, corporate

Financial Investment Corporation | Definition | What is a ?

admin | Monday, October 11th, 2004 | No Comments »

Financial Investment Corporation

Financial Investment Corporation Glossary Definition

A legal entity established for some specific purpose or purposes whose existence, power, and scope of action are determined by its charter.

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Tags: Financial Investment Corporation, Financial Investment Corporation Definition, What is a Financial Investment Corporation?, Financial Corporation, Corporation, Business Corporation


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