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The Jacoby Consulting Group Blog

Welcome to the Jacoby Consulting Group blog.
You will immediately notice that this blog covers a wide range of themes - in fact, whatever takes my fancy or whatever I feel strongly about that is current or topical. Although themes may relate to business, corporate or organisational issues (i.e. the core talents of JCG), they also cover issues on which JCG also feels warranted to comment, such as social issues, my books, other peoples' books and so on. You need to know that comments are moderated - not to stifle disagreement - but rather to eliminate obnoxious or incendiary comments. If a reader wishes to pursue any specific theme in more detail, specifically in relation to corporate, business or organisational issues, or in relation to my books, then the reader is invited to send an off-line email with a request. A prompt response is promised. I hope you enjoy this blog - sometimes informed, sometimes amused and sometimes empassioned. Welcome and enjoy.
JJJ

05 March 2011


The 'real issues' confronting the corporation

Context defines their challenge and often, their ability to meet those challenges.


In consulting to literally hundreds of companies over 30 years, I have come to the following conclusions - not necessarily what you would expect.
  1. Most corporations try to do the right thing by their shareholders and stakeholders.
  2. The level of incompetence at executive and board levels in many corporations is simply astounding.
  3. I have witnessed BILLIONS of dollars of shareholders funds being wasted over the years as a result of well intentioned but intellectually bankrupt thinking.
  4. Ego and reputational and career risk is the most destructive and destabilising influence within most organisations.
  5. Individual subjectivity is the principal determinant of corporate strategy and activity - with corporate outcomes being determined by subjective judgement rather than by a factual understanding of shareholder requirements.
  6. Corporate performance is often determined by power and charisma rather than logic and evidence (acknowledging however the important role that business intuition plays.)

 How sad!

 

 

 

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