| Joined: | Mon Apr 2nd, 2012 |
| Location: | Carthew, Cornwall, United Kingdom |
| Posts: | 6877 |
| Status: |
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I think that the whole capitalism model in US business is completely misunderstood.
The facts are most modern boards of large organisations are there for 3-5 years with maybe a second spell of a similar amount of years. In their contracts they have critical success factors and goals. Achievement of these goals yields big bonuses.
They are all in it for the money not for the good of the customer.
Sorry but the sooner the whole pile of them discover that the customer is king and needs to be well treated. This always used to be the case in US until the 1990s when these new style contracts came into being. The customer has become a vehicle for delivery of shareholder profit and director bonuses!
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Still learning after all these years!
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