The Wal-Mart CEO Sustainability Summit

Imagine 400 CEOs representing Walmart’s largest vendors all sitting in one room pondering the future of sustainability. Aside from representing trillions of dollars in market value, this group could change the course of history. As I observed from the third row of...

Thy Neighbor’s Cash

In the August 5, 2007 New York Times Book review of Robert H. Frank’s new book FALLING BEHIND: How Rising Inequality Harms the Middle Class, Daniel Gross the reviewer notes: Knowing that Steve Schwarzman of the Blackstone Group made almost $400 million last year, or...

Life is Short Under the Best of Circumstances

Music drifts into our back yard from the benefit party almost one mile away and it’s only 5:00 pm. This is the land of benefits; almost every Democratic candidate for President comes to the Hamptons in the summer to raise money. Last night we attended two parties, to...

Can Anyone Live on $10,712 a Year?

Higher wages benefit business by increasing consumer purchasing power, reducing costly employee turnover, raising productivity, improving product quality, customer satisfaction and company reputation. Today’s minimum wage workers have less buying power than...

Blessed Unrest

I just finished reading Paul Hawken’s new book “Blessed Unrest.” It is a beautifully written, extensively researched, deeply thoughtful but in the end-unsatisfying read. While Hawken talks convincing about the conversion of the environmental/sustainability movement...

Work, Happiness and Employee Ownership

Several months ago the UK based Employee Ownership organization published an exceptionally important and insightful report about the benefits of employee owned companies. The report has valuable insights for all businesses and I highly recommend it. A few highlights...

What is it they still don’t get?

Yesterday the Financial Times reported “Nuns shocked at being on Wal-Mart’s list of threats. A community of Benedictine nuns based in Texas has called on Wal-Mart to give further details of how they came to appear on a list of potential threats to the...

The Annals of Spin

This weeks New Yorker Magazine (4/2/07) features a long negative story about Wal-Mart’s effort to “co-opt liberals.” This is another in the series of good news/bad news stories that both helps and plagues the company. After nearly a year of this endless seesaw one...