Length: 1000 words
“What is a company for?” asked Charles Handy in 1995 1. Traditionally “maximise total shareholder return.2” A company can therefore be viewed as a multiplication machine. A tool to multiply the capital of its investors. (This extends this blog on Multi Stakeholder voting.)
Three changes of the past decades require a fundamental re-design of this tool:
- Capitals and Consumables are changing.
- The emergence of “Organisation Man” (more…)