Yes the world is changing fast, and as giants of industry and finance crumple and fall, what companies are emerging as the most influential? That’s a question Businessweek wanted to address when it pulled together a committee of 14 experts.
I’m not going to provide the list of top 25 most influential companies, nor will I summarize the article. You can see for yourself, here:
Businessweek declared Walmart the #1 most influential company going forward. Why?
Here’s why. “Wal-Mart is determined now to use its sway for good, especially to better the environment.”
Why is this important? “It’s forcing Chinese manufacturers to clean up their ways.”
Money quote: “Only Wal-Mart is big enough to daunt China’s worst practices.”
Holy cow. Talk about an epiphany. Only Wall Mart is big enough to clean up their own Chinese supply chain. Now THAT is a green revolution for America ladies and gentlemen! Einstein was wrong, the problems we face today CAN be solved by the minds that created them. With strict compliance by others!
But wait. No… no no no. Don’t get me wrong. Don’t be mad at Walmart. Look, they are a big company and they do some things. That’s not what I’m here to talk about.
What I’m talking about is committees of experts. And journalism. Unnamed experts – unassailable. But uhh (to use a Nudge term), its not journalism exactly. If it were, the “journalist” (or at least his posse of experts) would have easily been able to take a peak at some media coverage from earlier this year, on this very topic, in the pages of the WSJ, plain as day, I saw it, Holmes probably saw it.
Speaking at a CEO conference in California this past March,… “the president and CEO [Lee Scott, Jr.] of the retail giant took some attendees aback by flatly declaring: ‘We are not green.’”
“In fact, Mr. Scott said, ‘I haven’t a clue,’ when asked when he expected the company to meet his stated goal of having zero waste and 100% renewable energy over time.”
Hmm. Businessweek’s #1 most infuential company (for green reasons mind you!) sure doesn’t seem too enthused about leading the green team.
So why would Businessweek say, I’ll quote it again… “Wal-Mart is determined now to use its sway for good, especially to better the environment.”
Hell if I know, I’m no Einstein. That’s OK, turns out Einstein wasn’t an Einstein either.