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business orthodoxy is shifting

8/22/2019

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​The Business Roundtable--an organization with almost 200 executives from leading corporations like Pepsi, Apple and Walmart--signalled that the mainstream business orthodoxy is moving away from the doctrine it has followed over the past twenty years. They no longer talk about the primary duty of managers and boards of directors being to serve the financial interests of corporations' stockholders. Their new “Statement of the Purpose of a Corporation” starts with "Americans deserve an economy that allows each person to succeed through hard work and creativity and to lead a life of meaning and dignity” and goes on to describe compensating employees fairly and fostering "diversity and inclusion, dignity and respect,” "Dealing fairly and ethically with our suppliers,” and "Generating long-term value for shareholders, who provide the capital that allows companies to invest, grow and innovate. We are committed to transparency and effective engagement with shareholders.

Statement on the Purpose of a Corporation
Shareholder Value Is No Longer Everything, Top C.E.O.s Say.
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    Bruno Dyck

    Bruno is an organizational theorist at the University of Manitoba. He loves being a management professor, scholar and teacher.

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​EMAIL BRUNO
​BRUNO DYCK
Bruno Dyck enjoys collaborating with managers, scholars, and students to promote SET management principles and practices. He is a Full Professor in the Asper School of Business at the University of Manitoba, and has published several prize-winning books and articles, and won awards for research and teaching, including the 2019 Expanded Reason Award. Bruno enjoys cycling to work year-round, becoming a vegetarian, buying local goods and services, hiking, and spending time with family and friends.

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EMAIL DAVID
DAVID HOLCOMB
​David Holcomb has assisted in the launch of this website -- developing ideas in conversation with Bruno and turning those ideas into reality. For the past 35 years, business for the common good has been one of David's vocational anchors. He has completed graduate work in both business and theological studies and has worked in both fields. Currently David resides with his family in Milwaukie, Oregon, where he serves as the Director of Finance and Operations with a local non-profit. 
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