Answering a
disgruntled investor over advocacy of same sex marriage Starbucks CEO Howard
Schultz offered investors this advice:
“If you feel, respectfully, that you can get a higher return than
the 38 percent you got last year, it’s a free country. You can sell your shares
of Starbucks and buy shares in another company. Thank you very much." link
An
interesting challenge [again] faces investors and customers: How are we using our money, and to what
end – whether investing a nest egg or just buying a small coffee – I mean short
coffee.
Every major
corporation uses its profits as it sees fit to invest in opportunities,
political, economic and social to advance the best interests of itself. They often give to many charities
representing a variety of services, not all of which Christians would consider
worthwhile uses of their money. (Think Microsoft and Amazon and Apple.) And some corporations, even those
espousing “family” values, have
gotten rough press about how they treat their employees.
Starbucks
has been a wonderful and successful company, putting employee well being right
up with customer education and satisfaction, and the company has indeed made
many investors a lot of money. See Howard Schultz’ biography and How
Starbucks Saved My Life.
A
thirty-eight percent return is hard to beat, but, Starbucks’ investors and
customers now have a clearer understanding of how the profits their money
earned is being used, including knowing their money is providing health care
and other opportunities to the employees.
What we do
with this information may vary. Some of us may apply there for a job! Others
threaten boycotts. One Starbucks friend urged a kinder, gentler response –
describing the Lord Jesus as perhaps enjoying a latte at a local Starbucks,
with fellow customers and baristas.
No, doubt Joanna would have been buying! (Luke
8:3)
How He
would have addressed the CEO’s gauntlet, I can’t imagine— “pride goes before a
fall?”
Possibly
some of us will stay with Starbucks – perhaps believing it to be the lesser of
many evils in today’s world. Or, a few of us will now think of how better to
invest our time and talents and resources differently, thanking Mr. Schultz for
his gracious invitation to try other venues for making money. Maybe others of us might strike out on
our own, having a bit of vision, passion and talents, like the skills that
propelled Mr. Schultz?
Mr. Schultz' invitation prompts me to inventory how I “use”
money. Dolly Levi in “Hello
Dolly,” said, “Money, if you will pardon the expression is like manure. It's not worth a thing unless it's spread around,
encouraging young things to grow.
I wonder if it’s time to rethink how and what I am
encouraging to grow.
1 comment:
Good work! It's a challenge to figure out how to use our money only to please the Lord, but it's a challenge worth taking up.
Post a Comment