08 Feb '12, 2pm

Interesting...Does “Maximize Shareholder Value” Really Make Sense? Thoughts? #startups #entrepreneur

by Dan Adams, author of “New Product Blueprinting: The Handbook for B2B Organic Growth “ Maximize shareholder value. If you’ve heard it once, you’ve heard it a thousand times. It’s the pledge of allegiance recited in boardrooms around the world, the North Star used to guide the decisions of the business masses. But I want you to consider a controversial notion: What if that pledge is just a collection of meaningless words? And what if that faithfully followed star is actually a mirage? What if we get to where we think we’re going only to find… nothing? Don’t get me wrong. I believe maximizing shareholder value is a lovely result — but I also believes it’s a lousy goal. Think about it this way. What happens when you give your employees a rousing speech about maximizing shareholder value? Once they wake up from their boredom-induced nap, they’ll go back to doing exactly what...

Full article: http://www.youngupstarts.com/2012/02/08/does-maximize-sha...

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