Tag: ceo

CEO Pay as a Menace to Our Health

The world’s first great analyst of management urged us to limit the gap between CEO and worker pay. We didn’t listen. How many more life-threatening scandals like EpiPen before we do?

Peter Drucker, the internationally acclaimed founder of modern management science, lived nearly a century. He died in 2006 at age 95. He died troubled.

The Austrian-born Drucker had always considered management a noble calling, a profession essential to the common good. Humankind would only prosper, he believed, if enterprises operated efficiently and effectively. Only skilled executives who respected their employees — and valued their insights — could nurture enterprises this high performing.

The Lobby Firm That Works Both Sides of The Room

In Brussels, hundreds of lobby consultants make a (rather generous) living by running lobby campaigns on behalf of anyone who pays them. The borders between communication and PR strategies, law expertise and traditional lobbying are blurred. Demonstrating the problematic symbiosis between corporate interests and the EU institutions in Brussels, the same lobbying consultancies often get hired by both, bringing serious risks of conflicts of interest. A case in point: Germany-based lobby consultancy Genius and its work for the Glyphosate Task Force.

The European Commission – as shown again recently in The Guardian – seems hell bent on granting glyphosate, the active ingredient in Monsanto’s toxic herbicide Roundup, re-approval for another ten years. This is despite the fact that the World Health Organisation’s cancer institute IARC declared the substance as “probably causing cancer to humans”, and that EU pesticides rules say such substances should be banned.