Businesses do exist to make money. Without money, the business cannot continue. Businesses cannot make money without solving a problem for consumers.
Two reasons businesses do not exist:
- Business does not exist solely to maximize individual salaries for those at the top.
- Business does not exists solely to provide an income to shift workers and middle management
As managers and leaders, we should focus on business profits/customer value over personal salary and promotional increases. Concurrently we must reward those below us for contributing to successful completion of shared business goals. This is the right thing to do.