REPLY Future Development Directions (SD6263)

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Posted by  Bill Braun <bbraun at hlthsys.com>

Richard Stevenson wrote, in part:

> But ultimately companies have to do one thing - create value for all  
> their stakeholders.
  
This is the oft repeated mantra. I suspect, from both observation and 
experience, that creating value for senior managers by senior managers 
frequently trumps other shareholders. I am not assuming every organization 
is Enron bound; quite the contrary, the desire to reward one's-self is 
much more subtle, and pernicious.

I speculate it is that to which John Gunkler refers.

Bill Braun
Posted by  Bill Braun <bbraun at hlthsys.com>
posting date  Tue, 13 Feb 2007 06:51:27 -0500