You are never too big to be humble

 

Week 12 (November 28 - December 04) 2021

This week, based on what I have read, I will be answering some questions. 

 

          1. Why are virtue and integrity so vital to an economy?

 The reason these aspects are so vital is because without them there would be no trust and the leaders of corporations would think of only themselves and the unbalanced economy would slowly destroy society. Honestly it seems like it is happening in our present time economy. Ideally the leaders of companies would know that the definition of success was helping an entire generation better and not just making his or her bank account bigger. Also without virtue and integrity people will not want to invest in businesses either, making it much harder for anyone to start or grow a business so only big businesses will make it.

 

         2. According to Charles Handy, what is the "real justification" for the existence of businesses?

According to Charles Handy the real justification for business is not just to make a profit, but to do something with that profit. To make something better and improve upon your business, and the community. The goal is to not just to do better, but to find the best thing that needs to be better and do that. At least that is what I got out of the reading.

 

        3. What are two solutions proposed by Handy that you agree with? Why?       

 

Well the first solution I agree with is for companies to have "more honesty and reality in the reporting of results" and this includes making it available to the be viewed as a simple financial picture for all of it's employees so that the know if their work makes a difference. I agree with him. This, I think, is a big incentive to do one's best at work. If an employee can see they are a part of the success of the company they are more likely to do their best, especially if they get a bonus at a certain point of success. Happy workers are productive workers.

Secondly, he describes how companies should take the offense when it comes to doing better environmentally without having to be forced by the government or other programs. He is right, because we all live in this world and we do need to take care of it. This isn't a new concept. If keeping an eye on how your company impacts the world were done just because it's the right thing to do then the world would benefit exponentially. I'm not a big tree huger, but I appreciate a company that can reduce their carbon footprint when ever possible and I believe that using locally sourced products can do just that. 

Bottom line is that being humble, and having a finger on the pulse of your company as it grows so you know what makes it run better is more important than just the money it brings in. Knowing how to make your employees like coming and working for you will make them want to make your company better too.

"Beyond making ends meet, whether you have little or much of this worlds goods, will never be a fundamental determining factor for personal peace or happiness, but rather it is your attitude towards wealth that will be critical."

Elder Robert C. Gay