When It Comes To Learning And Development, Don’t Judge Employers By What They Say, But Rather By What They Measure

It was less than 50 years ago that Milton Friedman began advocating that “the social responsibility of business is to increase its profits.” By the “Greed is Good” 1980s, this was widely accepted. And in the 1990s, it was codified by the Business Roundtable itself. As this timeframe marked the end of real income gains for middle class Americans – employees are like rock music in that they did much better before the 1980s – perhaps doing away with shareholder primacy can return us to the pre-Friedman days when more companies cared about taking care of their employees.

Source: When It Comes To Learning And Development, Don’t Judge Employers By What They Say, But Rather By What They Measure

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