Who Comes First: The Changing Debate Around The Purpose Of A Corporation [Forbes]
JP Morgan Chase & Co. (JPM)
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Source: Forbes
Who Comes First: The Changing Debate Around The Purpose Of A Corporation Getty The traditional, decades-old perspective that corporations primarily exist to create wealth for their shareholders has come under scrutiny in recent years as American workers struggle to make ends meet. It is no secret that the wealth gap is growing -- in almost every economic indicator. And the outlook is grim. According to a report But, there is not only a monetary consequence to putting shareholders first. There also has been a growing misery in the workplace. And it’s not about salary. It’s the attitude that investing in our people does not have an return on investment (ROI) that improves the bottom-line key performance indicators (KPIs). Only 12% of people leave their jobs because of pay Not investing in your people is a critical misstep. Of course, it’s your people who are making your bottom line. If the internal experience (iX) of your employees is miserable, then they are far less productive (at lea
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