Financial Intelligence
020 Shareholder Is King
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:05:50
- More information
Informações:
Synopsis
The new age, all inclusive language these days is to talk about stakeholder inclusion. I am all for shareholder returns...nothing else is more important. On the way to shareholder returns a business must: 1. provide value to the customer. 2. attract and retain talented employees. 3. procure products and services from suppliers at a sustainable rate 4. fulfill the minimum requirement of rates and taxed 5 and more... Dealing with stakeholders is about making trade offs. Many stakeholders are exuded as a result. Some customers won't pay your price, employees demand more than they are worth, suppliers can't meet quality standards...sometime the business must say NO. The business cannot keep all the stakeholders happy all the time. Focus on shareholder returns and the rest will come along for the ride...and some will get off.