Very good article about the prevailing business wisdom that the primary objective of corporations is to maximize shareholder value…and the steady stream of business failures left in it’s wake.

http://edition.cnn.com/2014/01/24/business/davos-shareholder-value-is-dumbest-idea/index.html?hpt=ibu_t3

Clearly states what we ALL know to be true…and what will be the likely outcome if you only focus on the interests of one group of stakeholders.

So, why is it we can’t see this and change it?

Because the people who are in the position to change it are the ones who benefit the most by keeping it the way it is!!!