For more than 20 years, the Business Roundtable, a lobbying group consisting entirely of chief executive officers, has maintained that the primary mission of corporations is to serve the interests of their shareholders. Now the group wants the world to believe that it values other fundamentals as well.
The milkman went missing thanks to the rise of refrigerators. Switchboard operators were done in by the dawn of direct dialing. And in the car industry, auto workers are deathly afraid the engine assembler will give way to battery builders.
For all the advances in technology that are impacting supply-chain management today, humans are still essential to understanding and fulfilling organizational goals, says Razat Gaurav, chief executive officer of LLamasoft.