Yesterday, was he 50th anniversary of the publication of Milton Friedman’s essay titled “The Social Responsibility of Business is to Increase Its Profits" that came to be known as the “Friedman Doctrine” or the “Stockholders Capitalism Doctrine” and which was widely adopted for many years by the corporate world. In recent years, we have seen … Continue reading Has the Friedman Theory eroded in time?
When companies face times of crisis, their corporate leaders often make accelerated decisions, based on the available information, without involving other stakeholders or measuring the long-term consequences. This approach has proven - on occasions - not to be the most effective one for the sustainability of the company and has impacted the relationship with the … Continue reading The Power of Cheetah Pauses
Excellent webinar discussion offered by the EGADE on how conscious businesses can shape the post- COVID19 world, with well-known academic and business panelists, moderated by Ignacio De la Vega. Professor Raj Sisodia, whose conscious capitalism movement I strongly support, believes that we should expect to see a “new normal” way of business after the current … Continue reading Leadership in the context of COVID-19