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Corporate leadership and profits, relies on those who can focus on creating value, period. There really is no other requirement, and if the CEO was to put human caring above that financial duty, the board would most likely be seeking a replacement. This fiduciary responsibility to the shareholders is the bedrock of corporate management, and the only restraint in all of that comes from our body of corporate law coupled with government's enforcement of those laws.
That's the reason we have to have a necessary balance to the seemingly inhuman ruthlessness of profit seeking corporate ventures. By necessity, any compassion has to come from the power of government (the people) in order that the profit motive remains as the sole reason for corporate existence. This system makes the heads of corporate entities look like soul-less meanies who suffer from a bad case of the greedies, but they are simply doing their job. And in that vein, we, as citizens need to realize the need for some balance to that singular and relentless pursuit of profit by exercising our right to allow for the human side of things. When government--or business, oversteps their boundaries by engaging in unlawful business practices, or in the case of government, too much control, then the system begins to suffer, it's really about balance..
Nonsense. Behaviors are sociopathic based on whether or not those behaviors are antagonistic to sociable instincts or practices. It has nothing to do with class envy or anything else, but rather the extent to which the behaviors foster what's good for society as a whole versus good exclusively for the individual practicing those behaviors (what jertheber referred to as "inhuman ruthlessness").
When it comes to the big wigs in large companies/corporations, do you think most of them are truly heartless? The kind of people that care far more about money and profits than anything else, and would step over their grandmothers dead body for a nickel?
They would have to be tough to get to the top. Not necessarily that inhumane however.
Not exactly heartless, just their hearts are in a different place than the rest.
CEO's etc. , would probably love their job and company than very life itself. Everything they do is , as they see it, for the good of the company. They exist to go further than any other in their dedication to their role as leaders. If they requires firing half the workforce asap , they are thinking first of the impact on the company and their own personal bottom line. The feigned compassion is just that , fake. I have seen CEO's in some larger companies, actually go through this whole act of turning off the lights in their office , sitting in the darkness in obvious "shame" for letting hundreds of people go. A few rumors hit the mill of how the CEO actually took the whole thing so personally. Then when everyone is gone home, the same CEO is out and about as if nothing just happened.
Not exactly heartless, just their hearts are in a different place than the rest.
CEO's etc. , would probably love their job and company than very life itself. Everything they do is , as they see it, for the good of the company. They exist to go further than any other in their dedication to their role as leaders. If they requires firing half the workforce asap , they are thinking first of the impact on the company and their own personal bottom line. The feigned compassion is just that , fake. I have seen CEO's in some larger companies, actually go through this whole act of turning off the lights in their office , sitting in the darkness in obvious "shame" for letting hundreds of people go. A few rumors hit the mill of how the CEO actually took the whole thing so personally. Then when everyone is gone home, the same CEO is out and about as if nothing just happened.
I hope the employees don't really fall for that nonsense. Sociopaths/Psychopaths are good at compartmentalizing
I can only speak of those I know. They were not at all heartless, they made hard decisions with due consideration of all options and made sound ones hence the company has existed for well over a hundred years.
I think they like to give the impression they are focused on maximizing shareholder wealth when in reality most of them are about maximizing their own wealth at the expense of the shareholders, employees, and customers. Sure, they take care of the few key stockholders who take care of them, but that comes at the expense of everyone else. Look at the ones who will drive a company into bankruptcy, leaving thousands of employees and everyday families who own stock empty handed while they take a nice multi million Golden Parachute to leave. I mean how many everyday employees can be a total failure at their job, yet get paid as much to leave as if they were a huge success?
Do away with stock options and Golden Parachutes and pay CEOs a percentage of profit only (IE don't make a profit, don't get paid) and you will see a huge difference in how companies are run.
Looking at you, Bank of america, Chevy, Fanny may..
Of course they will kiss the arse of every shareholder that has the major % of the company. They want that million dollar boat that nobody has and will run that in the face of the lowest paid employee with a smile. See what i can do if you can learn to invest. Sorry, cant invest if you dont pay well.. and it wont be your business.
If shareholder just be happy with a small return that builds over time, then we would be ok. But most want the biggest returns at the fastest rates regardless on how it impacts the employees. Stock options should be ban period. Conflict of interest, and if your company boots you out.. NO PAY.. What makes you any different than the peyon pencil pusher that got laid off without pay.
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Not necessarily that inhumane however.
