This area should perhaps be up for debate. Should business be involved in politics? Apparently we are all aware that political factors are counted among the external factors in doing business but should businessmen endorse and presidential candidate for that matter? Would this be good for business?
Apparently, businessmen are being solicited regarding their nod on which potential political figure to endorse but with that said, is it a sane move? For sure, this will be an advantage on the part of any politician, getting the vote of confidence of business tycoons but as far as the overall image of a business is concerned, it may not necessarily sit well. Business is far different from politics and rather than involve itself in political issues, it would be best to focus on strategic management to which they would leave political intervention out of the business model mix.
We are all aware that at the moment, a lot of business ventures are struggling. A lot of this is caused by various factors that include economic and political indicators. Involving itself in these problems may be a death wish as rather than buckle down and evaluate its current business plan, endorsing and putting premium on the future leader of a country may not really be the logical choice in maintaining your business on the various problems facing ventures today.
“We’ve spent so much time trying to incent those at the very top that we’ve forgotten about those in the very middle and that makes up the vast majority of the American population,” said Robert Pohlad, chairman and chief executive officer of PepsiAmericas, Inc. and president of Pohlad Cos., at a State Capitol news conference announcing the endorsements.
Originally posted on September 10, 2008 @ 6:11 am