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How CEOs Can Fix Capitalism by Steven Prokesch, Raymond Gilmartin

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A New Set of Beliefs for CEOs

CEOs Need a New Set of Beliefs

In the past 25 years, CEOs of many major corporations have relied on a flawed set of beliefs to lead their organizations. This set has influenced them to place way too much emphasis on maximizing shareholder value and not enough on generating value for society. Today we are mired in the Great Recession, which was brought about by the near collapse of the financial system. This environment and the behavior produced by the prevailing set of beliefs to which CEOs subscribe have deepened a widespread public distrust of corporations and capitalism.

In this blog post, I will offer a new set of beliefs, which can renew and restore faith in corporations and capitalism. ...

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