The Corporation
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:02:01
Bad apples
:02:02
We know all
about WorldCom.

:02:04
Bad apples
:02:05
Xerox Corporation.
:02:06
Bad apples
:02:07
Arthur Anderson.
:02:08
Bad apples
:02:09
Enron obviously
:02:09
bad apples.
:02:10
K-mart Corporation
:02:11
Bad apples
:02:12
the fruit cart is
getting a little more full.

:02:14
I don’t think it's just a
few apples unfortunately.

:02:16
I think this is the worst
crisis of confidence

:02:18
in business.
:02:21
What's wrong
with this picture?

:02:23
Can we not pick
a better metaphor

:02:25
to describe the dominant
institution of our time?

:02:29
Through the voices of CEOs
whistle blowers

:02:32
brokers gurus and spies
:02:35
insiders and outsiders
:02:38
we present the corporation
as a paradox

:02:40
an institution which
creates great wealth

:02:42
but causes enormous
and often hidden harms.

:03:02
I see the corporation
as part of a jigsaw

:03:05
in society as a whole
:03:07
which if you remove it
:03:08
the picture’s incomplete.
:03:10
But equally if it's
the only part

:03:13
it's not going to work.
:03:16
A sports team.
:03:17
Some of us are
blocking and tackling.

:03:19
Some of us
are running the ball

:03:20
some of us are
throwing the ball.

:03:22
But we all have
a common purpose

:03:24
which is to succeed
as an organization.

:03:28
A corporations
like a family unit.

:03:30
People in a corporation work
together for a common end

:03:37
Like the telephone system
:03:39
it reaches almost
everywhere.

:03:42
It's extraordinarily powerful
it's pretty hard to avoid.

:03:46
And it transforms
the lives of people

:03:48
I think on balance
:03:50
for the better.
:03:53
The eagle
:03:54
soaring clear eyed
competitive

:03:59
prepared to strike
but not a vulture.


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