I think if your company still has its first CEO he or she is probably doing a good job. By the time you get to the third CEO of a company they are most likely a crony of the board of directors. They come in and looking at the costs of the company, see that employees are one of the major ongoing capital expenditures, so they have a layoff that makes them look good. After a couple of years they leave with a golden parachute taking millions in bonuses. Those bonuses could probably have provided the salaries for all the people who got laid off.
The most important societal contribution of a corporation is to provide employment for its employees. Making a profit for its investors has very little benefit for society. Many companies lose sight of the significance of paying their employees a good wage. They just see it as a capital expense. What they often fail to realize is that by paying their employees a good wage they will earn enough money to buy the company's products or buy products from someone else that can then afford to buy the company's products.
It may seem at first that outsourcing or offshoring make economic sense for a company because the can get the work done cheaper in another country. This may be true if only a few companies do this. If all the companies do this and the primary market for the product is in the US then the consumers will eventually no longer have enough money to buy the products anymore. If everyone outsources work then the US loses in the long run.
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