Maximising shareholder value is not the best purpose for a company. Fascinating summary of a book which seems to successfully diagnose a major issue with capitalism and most importantly gives clear guidance on what politicians need to do to fix the problems. Well worth a read.

The Dumbest Idea In The World: Maximizing Shareholder Value – Forbes

There is only one valid definition of a business purpose: to create a customer. Peter Drucker, The Practice of Management “Imagine an NFL coach,” writes Roger Martin, Dean of the Rotman School of Mana…