Business Success Rankings No Longer Based on Hard Data
Below is a quote taken from an article written by the Financial Times, a UK media source.
"Jeff Bezos, Amazon’s founder, has slipped from first to 87th in a ranking of the world’s best chief executives, after the technology company’s performance on environmental, social and governance (ESG) factors was taken into account."
"Mr. Bezos would have led the Harvard Business Review ranking of best-performing corporate leaders judged on purely financial measures, as he did in 2014. But Adi Ignatius, the management journal’s editor, wrote that Amazon’s “relatively poor ESG score [dragged] Bezos down”.
This is the second time in recent months that I've read articles related to Jeff Bezos that were derogatory in some manner.
The first berated him for the tough and high standards he holds for employees written by who else, but the NYT, the left wing liberal publication. The piece clearly was meant to degrade the reputation of Mr. Bezos for whatever purposes.
In my opinion, if people don't like working at Amazon or any other company for that matter, or feel they are not treated well (as depicted in the NYT article) then maybe they should walk away. In other words, if you can't stand the heat, get out of the kitchen!
To me, high expectations creates competition and competition in return creates excellence. If you can't compete, do your best and become successful, then maybe it's not the job or career for you. It's how our country has thrived and has led in so many ways throughout our history. We're innovative, ambitious, hard working and driven . But that's changing...
Anyway, I digress. The real story is this.
Mr. Igatius, the Editor of Harvard Business Review deciding to change criteria for its rankings from fact and data based information to criteria that now includes social, environmental and governance engineering, is a method of subtly injecting a form of socialism into private industry. This cannot be good.
If you're interested in finding out more about the Harvard Business Review's criteria, below is the link. Also below is the link to the NYT's story mentioned.
https://hbr.org/2015/11/the-best-performing-ceos-in-the-world
http://www.nytimes.com/2015/08/16/technology/inside-amazon-wrestling-big-ideas-in-a-bruising-workplace.html?_r=0
"Jeff Bezos, Amazon’s founder, has slipped from first to 87th in a ranking of the world’s best chief executives, after the technology company’s performance on environmental, social and governance (ESG) factors was taken into account."
"Mr. Bezos would have led the Harvard Business Review ranking of best-performing corporate leaders judged on purely financial measures, as he did in 2014. But Adi Ignatius, the management journal’s editor, wrote that Amazon’s “relatively poor ESG score [dragged] Bezos down”.
This is the second time in recent months that I've read articles related to Jeff Bezos that were derogatory in some manner.
The first berated him for the tough and high standards he holds for employees written by who else, but the NYT, the left wing liberal publication. The piece clearly was meant to degrade the reputation of Mr. Bezos for whatever purposes.
In my opinion, if people don't like working at Amazon or any other company for that matter, or feel they are not treated well (as depicted in the NYT article) then maybe they should walk away. In other words, if you can't stand the heat, get out of the kitchen!
To me, high expectations creates competition and competition in return creates excellence. If you can't compete, do your best and become successful, then maybe it's not the job or career for you. It's how our country has thrived and has led in so many ways throughout our history. We're innovative, ambitious, hard working and driven . But that's changing...
Anyway, I digress. The real story is this.
Mr. Igatius, the Editor of Harvard Business Review deciding to change criteria for its rankings from fact and data based information to criteria that now includes social, environmental and governance engineering, is a method of subtly injecting a form of socialism into private industry. This cannot be good.
If you're interested in finding out more about the Harvard Business Review's criteria, below is the link. Also below is the link to the NYT's story mentioned.
https://hbr.org/2015/11/the-best-performing-ceos-in-the-world
http://www.nytimes.com/2015/08/16/technology/inside-amazon-wrestling-big-ideas-in-a-bruising-workplace.html?_r=0
posted by Candle in the Wind at
5:30 AM
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