By Paul Kearns

ISBN-10: 0470057556

ISBN-13: 9780470057551

ISBN-10: 0470319801

ISBN-13: 9780470319802

Our industry approach has developed based on capitalist philosophy, and at its center is revenue. yet whereas revenue could be a robust intent, it's not continuously used responsibly and, within the worst circumstances, this may have destructive results at a much wider point. The demands a company sense of right and wrong develop louder, yet nobody has but advised an alternative choice to revenue that individuals locate as compelling. revenue is the following and now.In this weather, the answer is to refine the revenue purpose, now not change it. all of us price issues, and we’re all prompted through what we price. If price may well exchange the revenue purpose, it will reconcile the pursuits of CEOs, shareholders, voters and executive. earnings could nonetheless upward push yet while society may achieve price. This ebook is a decision to regulate for optimum price – to keep on with the price intent.

Show description

Read Online or Download The Value Motive: The Only Alternative to the Profit Motive PDF

Similar economy books

Integration in Asia and Europe: Historical Dynamics, - download pdf or read online

Broadening and deepening of financial and political integration are hallmarks of the ecu and ASEAN. This e-book significantly analyses the commercial and institutional alterations in either Europe and Asia. there's substantial power for instability, yet one additionally reveals local progress possibilities. Comparative coverage research and overview of assorted cooperation innovations are awarded.

Read e-book online Building Cost Planning for the Design Team, Second Edition PDF

"When will i am getting it? How a lot will it rate? "For the buyer, those are the 2 most important questions. price making plans solutions those questions and is important to the staff engaged on the layout and development of a undertaking. This introductory textual content on development economics and price making plans offers the reader with the elemental talents and data to function as a development specialist within the quarter of financial suggestion and selection making on the venture point.

Read e-book online The Impact Of Illegal Insider Trading In Dealer And PDF

This electronic rfile is a magazine article from magazine of monetary Economics, released via Elsevier in 2004. the thing is added in HTML layout and comes in your Amazon. com Media Library instantly after buy. you could view it with any net browser.
Description:
We research insider buying and selling in expert and broker markets, utilizing the trades of inventory agents who had develop copies of a inventory research column in enterprise Week journal. we discover that raises in expense and quantity happen after educated trades. in the course of expert buying and selling, industry makers lessen intensity. intensity falls extra at the NYSE and Amex than at the Nasdaq. Spreads raise at the NYSE and Amex, yet no longer at the Nasdaq. we discover none of those pre-release adjustments in a nontraded keep an eye on pattern of shares pointed out within the column. Our effects convey that insider buying and selling has a damaging effect on marketplace liquidity; intensity is a crucial software to regulate uneven details hazard; and professional markets are larger at detecting trained trades.

Additional resources for The Value Motive: The Only Alternative to the Profit Motive

Sample text

So, if one of the key distinguishing features between these competing management philosophies is the difference between being motivated by profit or value perhaps we should now have a much closer look at what value truly means to see if we can learn something from it. CHAPTER 2 VALUE – A VERY SLI PPERY WORD I N DEED Summary It is the very process of articulating value, in clear, unambiguous terms, that makes it such a powerful motive force for meeting society’s needs with limited resources. D E F I N I N G VA L U E When we looked at the definition of profit in Chapter 1 there was very little confusion: defining profit was a relatively simple, straightforward exercise.

Running an organization without such a crystal-clear goal can easily lead to confl icting objectives. g. g. g. the charitable hospice is asked to provide euthanasia by a patient). g. ). g. car drivers wanted petrol to run their cars regardless of any environmental cost). Nevertheless, globalization has brought with it a huge PROFIT IS NOT A DIRTY WORD growth in this old monarch’s population and some of its subjects have become increasingly restless. Whether it deserves some of the bad press it gets is open to debate but one thing is for certain, the number of ideas competing for the crown of economic rule is increasing.

Worse still, the goals of profit and societal value can so easily become mutually exclusive. PROFIT IS NOT A DIRTY WORD T H E M I C R O S O F T PA R A D O X Trying to reconcile economic and wider societal goals is a huge issue but we might gain some insights if we consider what we will call the Microsoft Paradox. This could be defined as occurring where supposedly ‘philanthropic’ actions are not truly philanthropic. In other words, the philanthropist may think they are contributing something valuable to society but they are just reallocating resources away from other, possibly equally important if not more important, philanthropic causes.

Download PDF sample

The Value Motive: The Only Alternative to the Profit Motive by Paul Kearns


by Thomas
4.4

Rated 4.54 of 5 – based on 50 votes