ABSTRACT

The businessman is John Hudiberg, former Chief Executive Officer of Florida Power & Light, the American company ever to win, in 1989, the prestigious Deming Prize given by the Union of Japanese Scientists and Engineers to honour outstanding corporate quality. We need to find a way to get to the heart and meaning of facts and information and to discuss our interpretations with others—a way to change the filters of the machine model, dualism, individualism, and ethical expediency that have marred the view from the corporate tower. In a time of downsizing, rightsizing, and restructuring to the virtual, flat, horizontal, reengineered corporate structure, management rightly worries about the motivation of employees to contribute their best efforts and ideas. Financial and corporate employers have been looking for keen-eyed analysts who can determine the "true" value of corporations, meaning the financial value, and use this to ratchet up debt levels for the financing of destructive leveraged buyouts and takeovers.