Cheapskate Company Owner Thinks He Will Trick Consultant Into Working For Free, Ends Up Paying Double What Was Intended

, argues that “when the only purpose of business is to make as much money as possible in the shortest time frame, regardless of how it’s done, the common good is easily sacrificed.”

According to him, “in pursuit of high profits, whatever it takes, CEOs and the corporations they run have ignored or circumvented the intent of laws to protect workers, communities, the environment, and consumers.”Julian Birkinshaw, a Professor of Strategy and Entrepreneurship at the London Business School, has developed what he calls “” of a bad manager that he concluded after seminars with executives discussing their experiences of good and bad management.

One of the first sins is greed, Birkinshaw argues. “A greedy boss pursues wealth, status, and growth to get himself noticed. In short, he is an empire builder, and we don’t have to look far to find examples of empire-building bosses.” According to him, an example of it would be Eike Batista, the Brazilian entrepreneur who has made the EBX Group into Brazil’s fastest-growing company and himself into the eighth-richest person in the world.

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