Question

In: Finance

What is your feeling about Politics as a Business?

What is your feeling about Politics as a Business?

Solutions

Expert Solution

Unless your business is heavily and directly involved in the political industry, it’s wise to keep your thoughts to yourself. No company can afford to stay completely out of political issues. Many issues that are described as ‘political’ are in reality about equality, social justice and climate change. Staying on the sidelines has become the same as taking a side, and it’s one that could alienate your employees.Companies should stay as much out of political issues as possible. There is no benefit to a business choosing a side. By going political you can only do damage, whether it’s be ostracizing customers who don’t agree, or it may be seen as opportunistic to use a political event as a chance to sell.A company is not a person despite what your accountant or lawyer tells you. It’s a group of people that collectively make up an entity. Not every team member will agree politically, so don’t go out making claims that can potentially cause rifts internally


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