My Tiny Feed

lemonde.fr

Decline of the Traditional Corporate Model

The article analyzes the decline of the traditional large company model in Western countries and the rise of shareholder capitalism and digitalization, explaining their impact on corporate culture and employee experience.

Read original article in French

French

France

Labour MarketFranceDigitalizationChangeCapitalismModelCorporate

Large CompaniesSchool Of Chicago

Adolf BerleGardiner MeansJohn Kenneth GalbraithMilton FriedmanMargaret ThatcherRonald Reagan

What are the main implications of this shift for employees?: The shift away from the "entreprise-providence" model involves significant implications for employees, who face greater job insecurity and less emphasis on long-term career development within a single organization.
What is the "technostructure", and how is it relevant to this discussion?: The "technostructure", as described by John Kenneth Galbraith, refers to the managerial elite who control large organizations and whose interests may differ from those of shareholders.
How did the rise of shareholder capitalism affect the traditional corporate model?: The rise of shareholder capitalism, as theorized by Milton Friedman and others, challenged this model, prioritizing shareholder value over employee welfare and long-term stability.
What role did digitalization play in transforming the traditional corporate model?: The digitalization imperative of the mid-2010s further accelerated the transformation, pushing companies toward more flexible, individualized structures and away from the traditional corporate model.
What is the "communautaire" model of large companies, and what are its key characteristics?: The article discusses the decline of the traditional "communautaire" model of large companies in France and other Western countries, characterized by long-term employment, strong social benefits, and a shared corporate culture.

Jan 16, 16:08

French Four-Day Workweek Trial Yields Mixed Results"

A French trial of a four-day workweek involving 12 small and medium-sized businesses yielded mixed results: while 10 initially adopted it to address recruitment issues and improve work-life balance, two withdrew due to financial concerns; among the remaining ten, varying adaptations were made, highlighting the need for tailored approaches.

Jan 9, 01:09

CGT Demands Pension Reform Repeal, Urgent Action on Unemployment

CGT leader Sophie Binet met with French Prime Minister Elisabeth Borne, demanding the repeal of the pension reform, an immediate halt to its implementation, and urgent action to address 300 ongoing social plans threatening up to 300,000 jobs, along with a minimum wage increase and aid for Mayotte.

Jan 9, 10:08

CGT Demands Pension Reform Repeal Amidst Widespread Layoffs

CGT head Sophie Binet met with French Prime Minister François Bayrou Wednesday, demanding the repeal of the pension reform and an immediate roundtable on the 300 social plans currently threatening up to 300,000 jobs, alongside other social and economic demands.

Jan 8, 01:10

RATP Accused of Aggressive Sick Leave Controls

The FO-RATP union accuses the RATP and the CCAS of using excessive and illegal methods to control sick leave, including targeting employees with cancer, to artificially reduce absenteeism figures; the RATP denies collusion with the CCAS.