Memo to: CEOs
Business is at a crossroads. Scandal and recession have cast a pall on the way CEOs go about leading their companies. Three distinguished professors send this memo — Five Half-truths of Business — as a wake-up call.
The five:
1. We’re only in it for ourselves
2. Corporations exist to maximize shareholder value
3. Companies need CEOs who are heroic leaders
4. Companies need to be lean … [ Read more ]
Content: Article | Authors: Henry Mintzberg, Kunal Basu, Robert Simons | Source: “Fast Company” | Subject: Trends / Analysis