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Evening Standard
Evening Standard
Business
Professor Stefan Allesch-Taylor

Tough new laws needed to change the culture of business

A report last week found that ‘90% of Europeans believe that business leaders should be as accountable to the public as political leaders.’  I had to double check that statistic myself too.  The study, conducted by leading global creative solutions company McCann Worldgroup is drawn from 27,000 people in 18 countries, including the UK, so it’s tough to dismiss.

Before Bezos, Jobs, Zuckerberg, and others were finding their stride Jack Welch, the CEO of US conglomerate General Electric (GE) was considered the best business leader in the world.  From 1981 to 2001, he oversaw GE rise in value from $12 billion to $410 billion. He also created what became known as the ‘Vitality Curve.’

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