We used toxic financial practices of easy money, with no checks and balances, when nobody was looking. Or I will rephrase that…when everyone was looking the other way. That would mean by the old standard of good business – Pure Profit – the movers and takers of the current credit debacle were just focused on self-interest. Yet hustling the masses by profiting at the expense of others (at any cost) is sooooo 20th century! Time for a change. Don’t you think?

Whether the old guard wants it or not, they are going to get one. Heads are rolling up and down Wall Street, throughout the national banking system, and into the international banking and investment communities. You might think this is all fine and dandy, the greedy get squeezed, just desserts, vengeance is mine, and all that. But who really pays for this negligence, indifference, and irresponsibility? I do, you do, and everyone else down the line. Not many of us (from the top down and the bottom up) will come out of this one unscathed.

Why you may ask? Because in the greater scheme of things, it is meant to wake us up.

Wake up America! Time to get the donuts.

Wake up Global Community! We are mad as hell and don’t want to take it anymore. Do we? So what are you personally going to do about it?

The current crisis is a golden opportunity for us as a global community – an opportunity to build better business for a better world. We need to take advantage of the current climate of fear and the pain endured by those at top of the pyramid and say, “Hey guys, it’s time. Don’t you think?” Time to get on the good business train before it pulls way from the platform without you.

What exactly is good business? It’s thinking about the other guy or gal. You know the one on the receiving end of the deal. That one. The customer, the employee, the community, all those who share in your good fortune. Basically all of us. In the 21st century, the short-sighted, “take the money and run” profits of the past no longer represents good business. Because as the current credit crisis reveals – you can take the money and run, but you can no longer hide. Not in an global economy.

Tags: Good Business

This entry was posted on Tuesday, December 2nd, 2008 at 8:43 pm and is filed under US Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.