Religion and Ethics Forum

General Category => Politics & Current Affairs => Topic started by: Humph Warden Bennett on September 23, 2018, 02:22:13 PM

Title: Workers on company boards
Post by: Humph Warden Bennett on September 23, 2018, 02:22:13 PM
Credit where credit is due, this seems a good policy to me,

https://www.independent.co.uk/news/uk/politics/jeremy-corbyn-workers-boards-labour-conference-one-third-union-a8550946.html
Title: Re: Workers on company boards
Post by: jeremyp on September 23, 2018, 06:18:40 PM
Credit where credit is due, this seems a good policy to me,

https://www.independent.co.uk/news/uk/politics/jeremy-corbyn-workers-boards-labour-conference-one-third-union-a8550946.html
I certainly think some representation for the workforce on the board is a good idea. It's important that the entire workforce feels that they are part of the company. When you get an us v them situation, it's rarely a good thing.

I'd be interested to find out where Corbyn gets this "reckless corporate culture" thing from. Does he think it is a serious problem? Has he got examples? How many companies' corporate culture is reckless.
Title: Re: Workers on company boards
Post by: Robbie on September 25, 2018, 05:38:43 PM
I wondered that too. Decisions taken at board level which cause employees to be insecure in their jobs?
Title: Re: Workers on company boards
Post by: Aruntraveller on September 25, 2018, 06:22:25 PM
There are companies that do stand out; Sports Direct comes to my mind; as being run ruthlessly. Is that the same as recklessness?

A definition is needed of "reckless corporate culture", I feel.


Title: Re: Workers on company boards
Post by: Rhiannon on September 25, 2018, 06:30:33 PM
It's a soundbite.

'Ruthless' is something I'd agree with - but ruthlessness is widely seen as essential for economic success in business.
Title: Re: Workers on company boards
Post by: Robbie on September 25, 2018, 06:31:36 PM
I agree, Mr Corbyn does need to explain exactly what he means. Sure he knows what he means but it's not immediately obvious. Reckless means rash, thoughtless, impulsive amongst other things, none of which are professional attitudes. If you did work for people like that you would be insecure.

Perhaps he means 'uncaring'. He wants industry to be more nurturing and inclusive.
Title: Re: Workers on company boards
Post by: Rhiannon on September 25, 2018, 06:38:20 PM
He's not stupid. He's hinting at the kinds of behaviour that brought about the banking crisis.
Title: Re: Workers on company boards
Post by: Aruntraveller on September 25, 2018, 06:39:04 PM
And maybe Carillion as well.
Title: Re: Workers on company boards
Post by: Rhiannon on September 25, 2018, 06:42:07 PM
True.