Describing, you have the situation many times in the corporate world where the sense of responsibility changes depending on who is in charge.
If you are the chief executive of a company, your job, supposedly, is to look out for the interest of the shareholders.
It is not to be fair with the u.s. taxpayer.
In this case, there is an investigation about tax policy having to do with money overseas in u.s. corporations.
You must deal with confrontations on a regular basis.
Is there a way to address these things so you can have a practical, positive result?
Right now, everything is so transparent.
People should never hide anything anymore anywhere in the world.
That is nothing new.
The allegations -- even have the appearance.
As they say, passing the smell test.
Anyone cheating in any way should be aware they will because.
Yes, but you know very well -- karma is very short now.
It used to be, wasn't at go from the distant task.
Now it is immediately.
They should beware of that.
The investors have to be taken care off.
The employees have to be taking care of.
The public has to be taken care of.
Ultimately, you have to take care of the ecosystem that company as part of.
The ecosystem includes everybody.
The focus of a business no longer is to make money and take care of the shareholders.
The focus of a business today is to take care of society.
Ok, but that is a pretty tall order.
You have been on the board of men's wearhouse, for example, right?
This is a company that provides clothing, apparel.
They were just involved, jos.
A. bank, try to create a much larger company.
Is that for the shareholder?
Or do they say, let's ask deep ak, how is this going to affect all of us?
As a member of the board of men's wearhouse, my function, there was governance and ethics.
I was always looking out for the employees and the customers, and of course aware of the investors' needs.
This merger if the fcc -- if the sec approves of it, i think it will make things much better for the customer.
They will provide a wider selection of clothing, less expensive, and no conflict between two to competitors.
From my point of view, it is a successful some of the thing to do for all parties involved, including the investor.
Ok, let's take that example and say we have our boardroom with deepak chopra as a board member -- a government committee.
And in walks in president obama and vladimir putin.
Is there a process, is there a conversation you take them through?
Yes, i do, i do.
I would say, president obama, putin in the room, we have certain roles.
First, we speak with respect, no belligerents.
It is a debate, not an argument?
It is a conversation that leads to a solution.
Not even a debate.
A conversation which leads to a solution which is best for russia, for the united states, which is best for the world.
Which is a mess right now.
We are so intent on doing it to anybody else -- you sought in the stock market as soon as this happens.
All right, no belligerence, a conversation -- recognizing run the other party's point of view, you are recognizing there is justice.
Why is that so difficult for people to see?
Because they only see the situation from their point of view.
I say, look at it from your point of view.
Look at it from their point of view.
Look at it from the world's point of view.
Looking from these three points of view, what is the solution?
You do not want to be right.
This is the problem.
They try to prove each other wrong.
The last thing -- the worst
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