Shareholder Value: the Elephant in the Room
We have seen many management mantras over the years: Total Quality Management; Just-In-Time Procurement; Six Sigma; Customer First; the Learning Organisation; Balanced Scorecard; and many more. But the most pervasive, insidious and dangerous is Shareholder Value. In principle there’s no reason why shareholders shouldn’t derive benefit from the investments they make and risks they take,
Read more