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Out of Our Minds
Tuesday, December 20, 2005 3:17 PM
More Power to You
Anita Sharpe on Business

We've been taking a close look at power and how it's changing, as I mentioned in another recent post. Obviously, someone like Oprah changes the power dynamics of business (What? You don't have to be male?! Or white?! Or thin?!) Or think of companies like Costco (pay your employees better than competitors, slash turnover, see your profits soar).

What people, organizations -- or ideas -- do you think are redefining power?


j rogala - 1/1/2006 12:42:33 PM
No question taking care of your employees,customers, communities and investors is paramount in running a successful business. However, words are cheap when not backed up with values that can be actualized. As a former CEO and a university lecturer, the lack of respect for business started in the 80's not just with Enron. Companies must align the values of all constituents and be consistent in their behavior. Not done often enough by enough organizations. The key word is creating TRUST between all groups. It takes commitment, energy and an inner soul to do the right things, even when no one is watching.
Coley - 12/21/2005 4:23:48 PM
I'm on a serious Bernie Marcus/Arthur Blank kick right now... I feel like I'm seeing these two leaders in everything these days, and it's always good.

Now, I know they are no longer running Home Depot, but what I love is that they are always giving back-- and surrounding themselves with others who give back too. Bernie Marcus is an example of giving back himself. He may have triggered Atlanta becoming a major tourist attraction by conceptualizing and having his foundation contribute $250 Million to building the Georgia Aquarium, and I seem to hear about his foundation in other things everywhere I go. (I know they are funding the creation of a major service organization within the Jewish Community).

Arthur Blank amazes me in his ability to create organizations filled with people who spend so much of their time and energy giving back to the community. He owns the Atlanta Falcons, and I think it is because of that that the team is so charity driven. Do you hear about those players getting into trouble? Never... the main press those guys get (aside from touchdowns and catches) is about their own work within their namesake chairtable organizations.

My point (yes I know it took me forever to get here) is that giving back to the community creates power.
Dickson C. Buxton - 12/20/2005 5:54:16 PM
Directors, Members and Fellows of the World Business Academy are helping to assure that business is viewed in a more positive light by a public that has become turned off by the greed and corruption of a few CEO's of public companies.

The overwhelming majority of CEO's of American companies are honest, dedicated and talented people who care deeply about:
1) their employees;
2) customers/clients;
3) communities;
4) shareholders-

In that order!


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