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2017-10-28 - 9:14 a.m. Reading a couple of very good articles From this one take away Need execs who do not suspend their moral compass. https://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest-idea-in-the-world/3/#496df75951b1
We need execs who do not suspend their moral compass; Yes it was greed that caused the financial collapse; but human nature also caused what I see as a very fear based problem which was a huge contributor and this was the BASIC human SURVIVAL instinct which created the collapse. In our world people's desire for a decent job to provide for families is motivated by a survival instinct. We don't care to just subsist any more, to not be KILLED on a daily basis but now feel this NEED for the more elevated parts of Maslov's desires. People are fearful of seeing and speaking the truth afraid if they do so they will not be able to provide for families and afraid to ever go down a rung on their level of existance as experienced. Why else would all these people work in fields like accounting and financial sector to begin with rather than doing what they love? Either they LOVE MONEY I suppose a few truly do love math so figure may as well get paid to do that... but they are the rare outliers.. OR They just need to provide for family and its the best job they can get. Caring for family basic needs becomes the motivator and higher value for many; and for many at the expense of those other higher values in a very strange irony. We don't want to be brought back to basics and yet there is an inversion of values which I see happen in such an oxymoron.
I can say that as I sit there doing financial accounting , working on Excel spreadsheets that have formulas someone built in WHICH I WANT TO FULLY UNDERSTAND.
Even thought I am not home as I have to commute to work.
But it is the BIG picture I am FAR more interested in , and the granular detail of the logic behind the calcs. I want to KNOW I am supporting something ETHICAL.
I have trust issues. That is the difference between me and most. so companies can create machines that spit out formulas and literally choose to round or capitalize as they want with these tools that most don't understand.
All without truly understanding or knowing a damn thing. I want to ask more questions.
That is what keeps me up at night. I damn well will not take on a role in which I am a fiduciary unless I fully understand the big picture AND the granular detail as well.
Companies have responsibility to hire people who REALLY GET IT. AND WHO ARE ETHICAL.
DAMN it weighs on me more than the thought of commitment in an individual relationship to think I have committed , for a time at least , to a COMPANY. The Risk Is Real. Not just for ME but for us ALL. I hope those driving the development and running of these corporate machines ALSO all feel the weight and responsibility of this. � � ![]() |