Why shareholders should always come last

20 Feb

I came across this article Wells Fargo always puts the shareholder last. It is right on a couple of levels. It places your staffs importance above the financial wants of investors. It stands to reason that any organization with strong  community based values  will attract the right investor in the long run.Once again we are discovering that our staff are the most important element of our organization. Leaders of countries like Ireland would have done well to follow this line of thinking rather than paying billions of euros to unsecured bond holders rather than finding ways to positively enhance the interests and well-being of its struggling population.

Political and organizational leaders need to step up to the mark and start designing cultures within their framework that enhance the lives of its members.  It’s time that governments and organizations Wake Up! to who really matters…… their people.

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