In a modern economic landscape, where business and its role within society has been severely impacted by a series of damaging circumstances, causing extensive public scrutiny, it is critically important that leaders showcase the value of business within society.
Modern businesses bridge economic growth and development with an inviting place for individuals to work, highlighted by a focus on employee opportunities and fundamental principles which shape society. Where there are countless previous instances where these objectives have not aligned, it is fair to suggest that we are currently experiencing a time where employees have the ability to use the opportunities of business to maximise their individual growth and development, and similarly, business has an opportunity to incentivise growth prospects by supporting employees with such pursuits. Without the essential focus on support towards employees, both business and employees will constrain development prospects.
It is also apparent that the value of business has been significantly damaged in recent times due to misconduct and individual circumstances which have severely impacted the reputational risk of business and the economic landscape. Irrespective of these circumstances, it is evident that without a thriving business environment, individuals would not be able survive as they heavily rely on business to provide the essential necessities which they need to live. It is clear that a dynamic approach towards growth and development for organisations is contingent upon honouring its responsibility to its stakeholders, especially its employees, customers, and the public. These stakeholders also have a responsibility to ensure that they uphold the principles and values that underlie the success of the business environment, subsequently providing individuals, organisations and governments the necessary infrastructure to succeed.
The constant debate over whether you support the employee of employer is fundamentally outdated and lacks rational direction within the community. Modern businesses incorporate an inclusive and prosperous environment for employees to thrive, in conjunction with the business’s ability to innovate, grow and succeed. These two parties are contingent on each other’s success, and it is greatly irresponsible to suggest that picking one side will assist our economy and society in moving forward.
It is unfortunately accurate that in this current period, we are witnessing cases of inadequate leadership within business, and this is not representative of the modern business environment. Organisations, employees, aspiring professionals and the community should not have to endure the nature of these unethical practices. While I do not question the severity of these actions, I do support the ten million Australians who are a part of business, and value its ability to assist them to grow. In doing so, I champion the ability of business to provide a platform for innovative ideas and individual creativity to flourish. I also support the ability of business to provide the resources for those disadvantaged members of society who would not otherwise have the opportunities to grow and develop throughout their lifetime.
Let me openly affirm my belief that business is an essential vehicle for economic and social development, and a lack of focus on supporting business would severely impact the effectiveness of both developments. If we decide that business should endure extensive resistance and scrutiny from the public, we also consciously decide to constrain innovation and enterprise, which does little to assist social development.