A line in the sand
9 maart 2011
The question with ‘whom are we doing business’ is very hot these days. The Arab upheavel has resulted in companies and governments wondering about their ties with (former) autocrats. In a recent blog we have also addressed this point.
However, the way Michael Skapinker deals with the issue is much more eloquent. One strong quote from his recent column in the Financial Times (Companies need to draw a line in the sand): “The battle for corporate principle is one you fight every day but it is easier when you have a firm idea of the line your company will not cross.”
This is so very true! And I’m sure that many organisations need to spend more time to answer this question. Second guessing will cost you more. Because also Skapinker’s concluding remark can not be challenged: “One thing all organisations doing business with bad people should ask is this: how will we explain ourselves if the regime falls? Because the lesson of recent weeks is that you may have to.”
One other thing any organisation should do: make sure your people read The Financial Times!
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