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Business Unplugged™
This blog features Carol Roth's tough love on business and entrepreneurship, as well as insights from Carol's community of contributors.

Should Companies Comment on Social and Cultural Agendas?

Written By: Catherine Morgan | Comments Off on Should Companies Comment on Social and Cultural Agendas?

Carol took a strong stance about companies keeping their eyes on the prize – the health of their business – in her latest article on theblaze.com, “Roth: Dear corporations: Mind your own business,” saying business conditions are getting tough, and companies don’t have the luxury of wading into the culture wars.

In the article Carol begins:

”You have likely heard the saying that generally says hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. Well, the same goes for corporations. Times are getting tough, and that means it is time for you to get back to business.

On the back of a macroeconomic environment that heavily favored big businesses, including a long bull run in stocks and cheap and available access to credit, not to mention some extra crony benefits from the government, big corporate businesses have generally done very well.

The one area that hasn’t favored businesses is the labor market, where there are now almost two jobs available for every job seeker. The combination of “good times creating weak corporations” and employees having outsized leverage has led a whole slew of corporations to take their eyes off the proverbial ball — in this case, running their business — and take on a slew of social and cultural agendas.”

You can read the rest of the article here.

 

Photo by Adeolu Eletu on Unsplash

Article written by
Catherine Morgan is the founder of Point A to Point B Transitions Inc., a virtual provider of coaching services to individuals who are in business or career transition. She specializes in helping entrepreneurs transition to corporate jobs they love. Catherine is the author of the eBook Re-Launch You: Discovering Your Point B and Embracing Possibility. An experienced independent consultant who was employed by three of the former Big Five consulting firms, Catherine speaks frequently on topics related to career transition, small business, productivity, and mental health. She doesn’t take herself seriously, but takes her subject matter very seriously.