Sunday, November 21, 2004

Good and evil companies

Maybe the difference between "good" and "evil" companies is precisely whether or not they exist for a purpose other than simply maximizing profit. That would explain why the founders' personal involvement makes such a huge difference and why the IPO and managerial professionalization so often seem to suck the soul out of a great company.

3 Comments:

At 15:44, Blogger FransGroenendijk said...

One reaction on my proposal to limit the size of corporations so came up with the idea to limit the age of corporations instead.
The difference between family-owned companies and other companies can be found in my description of Ahold ("the Dutch Enron", so to speak) too: you can find it here

 
At 16:22, Blogger MiGrant said...

Thanks for the comment, but your link links back to the original post.

Without knowing the details of the proposals you're talking about, it seems to me that arbitrarily capping a company's size or lifespan would amount to punishing it merely for being successful, and I don't think I'd be comfortable with that.

 
At 17:01, Blogger FransGroenendijk said...

I try again to supply the link without adding html (it seems to me that Blogger changes the link)
www.fransgroenendijk.nl/reactieding.php?id=P490_0_1_0

 

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