The markets and shareholders of private organisations require high performance which provide results in the short term – consistently, every quarter. This causes the leaders to develop performance management processes which will “ensure” all employees operate at a higher and higher level. The focus is on results.
The senior executives’ remuneration packages are based on strong financial performance. So even if the CEO and their team are ethical and not egocentric they understand where the focus has to be. But is this approach sustainable in the 21st Century?