There is no crisis in the financial market. That we need the financial market is clear anyway. There is no crisis of production companies too, because of course we want the benefit of their products in the future. There is also no crisis in the global economy since the wheel of history can not be turned back.
The financial market is about trust; in hazardeers and unscrupulous profiteers, it is hard to trust. Production companies, particularly the automotive industry, but also in pharmaceuticals, the crisis is about missing and false innovation. The global economic relations crisis is about the missing and the wrong political rules.
“Crisis” means, that there is something to decide, and not that something is running bad. The decision is, whether in our management training and corporations we want to communicate and hand down cultural values, which are quite unrealistic and only have short-term profits in their focus.
The crisis of economic culture can not be coped with probably in a few months. Cultural values must grow again: public policy and corporate social responsibility instead of unbridled profit, sense of justice and human measure instead of exploitation, lateral thinking, courage and creative innovation rather than business autism; international cooperation in the shaping of policy frameworks.
About the author: Dr. Michael Loebbert is Coach and Management Consultant.
Leave a Reply