Purposeful Action Blog

Is Maximization of corporate profit the mission or main purpose of a corporation? What are other “purposes” and obligations? Present an in-depth “Ethical Guidebook” for executives and managers in a large corporation. Give your comments or examples which supports this case.
This post will be end on 28th monday midnight. The leader of this post was [...]

With today’s economy, the confidence and trust in our business and government leaders have Americans putting their money under their mattresses. The “microwave-generation” mentality has Washington scrambling, putting pressure on companies to find ways to increase their profitability to appease shareholders, as power-hungry politicians manipulate to keep their jobs in the next term.
The outsourcing of [...]

In Mangoland, where mangos were the currency of trade, a bushel of the golden beauties was equivalent to $1 million in our money. Johnny, an up-and-coming Mangoland executive, was desperate to use his skills and experience to acquire mangos - to consume and to hoard. The orchards were owned by Mangotycoons, Mangolords and Mangopreneurs. One night, [...]

Many times in life we wish we had known earlier what we learn later from our experiences. Purposeful Wisdom is all about learning from the experiences of others and applying their wisdom in your own life. This does not mean that you automatically learn by reading, but you may learn through projecting the philosophy into [...]

Here is a discussion topic on strategy.
Assuming you are the CEO, and leader, of a well-known corporation of your choice, what strategy would you use to lead your company through the current economic crisis?
Explain, using examples and references, and relate your comments to the Four Principles for Purposeful Action.
This post was written by Margaux Ellis-Hall, who [...]

In the accompanying post, we discuss the global distress resulting from the dramatic nosedive of world economies.  The general belief is that this situation was brought about by greed and corruption in financial firms, while our government loosened regulations and oversight. Most of you will agree that the lack of integrity (excerpt from lecture in [...]

We are all aware of the dramatic nosedive of the stock markets, which has eroded trillions of dollars from the value of US and foreign corporations, and is causing economic stress globally.  A CNBC TV series suggests that a major cause for this situation, at least in this country, is American Greed. Others blame our [...]

My friend Raj Diwan, a retired DuPont scientist, and I were discussing over dinner this evening how a person would feel if he or she were to suddenly become wealthy. Being engineers, we stretched the hypothetical situation of this “blessed” person to the “limit” and asked what if this person were to own “everything” in [...]

Principle of the Golden Goose:

The Principle of the Golden Goose has been taught for over two decades in finance classes for engineering students. Many have applied this principle and accumulated wealth beyond their imagination. You too can start building your wealth today and achieve financial independence - in threee simple steps:
Step 1: Create flow—of money. [...]