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"What similarities are there with business and politics? I work in business with large organisations. Mainly around process. I see CEOs that are driven by greed, ignore their workers, focus on sales and profits not operations. I also see great companies. They care about impact, operations, strategy and still make money as a consequence. Should government take some lessons from the great businesses in optimising operations, improving skills of their workers, look at long term strategy and short term goals. Discuss?" Let's look at the question another way, what services can the private sector not effectively perform? I would say the private sector is not objectively suited to provide a standing army, the 3 emergency services, justice / legal system. So those things are not like running a business. For everything else, yes there are certainly lessons the public sector could take from business. | |||
"One example, in the NHS if you need to do a checkup you need a sterile equipment. They come in full packs with many other equipment. In the worst case scenario you use it all. The most common you open a pack and use one item, then throw away the whole pack. There you can lose a lot of money. Instead of trying to reduce waste, they cut the budget." This is very true,when blood pressure machines do not work they throw them away instead of putting new batteries in very odd | |||
"What similarities are there with business and politics? I work in business with large organisations. Mainly around process. I see CEOs that are driven by greed, ignore their workers, focus on sales and profits not operations. I also see great companies. They care about impact, operations, strategy and still make money as a consequence. Should government take some lessons from the great businesses in optimising operations, improving skills of their workers, look at long term strategy and short term goals. Discuss? Let's look at the question another way, what services can the private sector not effectively perform? I would say the private sector is not objectively suited to provide a standing army, the 3 emergency services, justice / legal system. So those things are not like running a business. For everything else, yes there are certainly lessons the public sector could take from business. " What is the worrying part is if their objective is greed or actually trying to achieve their services. Trump is a business man, but what is his motive? Ask the same thing with our politicians. What's their motive? Sounds like we're a bad company | |||
"What similarities are there with business and politics? I work in business with large organisations. Mainly around process. I see CEOs that are driven by greed, ignore their workers, focus on sales and profits not operations. I also see great companies. They care about impact, operations, strategy and still make money as a consequence. Should government take some lessons from the great businesses in optimising operations, improving skills of their workers, look at long term strategy and short term goals. Discuss? Let's look at the question another way, what services can the private sector not effectively perform? I would say the private sector is not objectively suited to provide a standing army, the 3 emergency services, justice / legal system. So those things are not like running a business. For everything else, yes there are certainly lessons the public sector could take from business. What is the worrying part is if their objective is greed or actually trying to achieve their services. Trump is a business man, but what is his motive? Ask the same thing with our politicians. What's their motive? Sounds like we're a bad company " What is greed? | |||
"What similarities are there with business and politics? I work in business with large organisations. Mainly around process. I see CEOs that are driven by greed, ignore their workers, focus on sales and profits not operations. I also see great companies. They care about impact, operations, strategy and still make money as a consequence. Should government take some lessons from the great businesses in optimising operations, improving skills of their workers, look at long term strategy and short term goals. Discuss? Let's look at the question another way, what services can the private sector not effectively perform? I would say the private sector is not objectively suited to provide a standing army, the 3 emergency services, justice / legal system. So those things are not like running a business. For everything else, yes there are certainly lessons the public sector could take from business. What is the worrying part is if their objective is greed or actually trying to achieve their services. Trump is a business man, but what is his motive? Ask the same thing with our politicians. What's their motive? Sounds like we're a bad company " Have you heard the phrase "the road to hell is paved with good intentions"? | |||
"What is greed? " Maybe I used the wrong word. Of course all CEOs would be paid a lot of money. Even in non for profit organisation. They also need to make money to continue runnibg. I mean the difference between providing a service (care about customer experience) vs making the most money from sales only. Or companies focussing on acquisition and retention vs acquisition only. I work in product/software which is probably a unique type of business. | |||
" Have you heard the phrase "the road to hell is paved with good intentions"? " Please elaborate. | |||
"What is greed? Maybe I used the wrong word. Of course all CEOs would be paid a lot of money. Even in non for profit organisation. They also need to make money to continue runnibg. I mean the difference between providing a service (care about customer experience) vs making the most money from sales only. Or companies focussing on acquisition and retention vs acquisition only. I work in product/software which is probably a unique type of business." I'd call that 'short-term ism'. When a CEO is more interested in their third quarter earnings that whether customers are leaving in droves. I'd recognise that as an enormous problem driven by the fact that there is too much institutional ownership in the stock market driven by well intentioned government policies that have unintended consequences. | |||
" Have you heard the phrase "the road to hell is paved with good intentions"? Please elaborate." It means that the worst things in history are usually done by those who wanted to make the world a better place. - Communism led to more murders than the Nazis. - Tony Blair promised the most peaceful era ever and then led us to more wars than any other prime minister. - Neville Chamberlain was so keen to avoid war with Germany that we ended up fighting a much stronger opponent, more longer, causing war more death | |||
" Have you heard the phrase "the road to hell is paved with good intentions"? Please elaborate. It means that the worst things in history are usually done by those who wanted to make the world a better place. - Communism led to more murders than the Nazis. - Tony Blair promised the most peaceful era ever and then led us to more wars than any other prime minister. - Neville Chamberlain was so keen to avoid war with Germany that we ended up fighting a much stronger opponent, more longer, causing war more death " Completely agree. There are many factors in business. Competition, culture, operations. In business you may have a founder who comes up with something unique. They hire a war CEO to fight off the comoetition, try to survive. Then hire a peace CEO when they a monopolising the market. So it requires the right leader at the right time. Not just good intentions only. | |||