The Bottom Line Obsession

Economics, the study of scarcity and resource allocation, is the lifeblood of management. Profit margins, cost-benefit analyses, and market forces drive decision-making. Yet, in the relentless pursuit of the bottom line, are we losing sight of broader social and ethical considerations?

The economics of management often reduces complex decisions to a series of numerical calculations. But, in our quest for profitability, are we neglecting the true value of our actions and their impact on society?