Episode 966 - Corporate Boards Need To Curb Their CEOs Political Activism

Michael Lodge - Wealth, Business & Taxes

Political activism where it hurts the consumer, investors and the employees in a company creates a deep conflict that some companies never pull out of. If you look at Twitter, Facebook, Apple, Amazon who took political activism too far and created censorship of people who did not believe as they did, made the companies and their leaders hated by the American people. Once a company begins to hate people and their ideas has stepped over the line of ethics and have become unethical entities. Not viable companies, but entities of hate. That was never their role as CEO, to push a political agenda. They have pushed investors, consumers and customers, some employees to the side for their own political agenda. Hateful politics is never ethical. Politics is never ethical. The biggest problem is that Karma is a bitch, what goes around, comes arround. Politics always have karma. Take a political position on other people and it will always come back to bite you - and the investors of that company. Board of Directors have got to do something before it goes bad for the company. Change out your leaders before they do damage to your company. This is a crisis in America when companies take action against other Americans just because of politics. Ethics is the number one priority of every company and to act ethically in all decision making processes. Boards need to curb this political activism before the company goes over the edge and governments and courts get involved. Be an ethical company, not a politically driven one.
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