Friday, March 11, 2016

Breach of Trust

When Johnson & Johnson accepts that its baby care products have cancer causing chemicals, then it is nothing short of breach of trust. For being trusted by millions all over the world as ultimate care for their baby yet falling J&J short to deliver its' promise  it is breach of trust; for knowing well the dangerous chemicals used in manufacturing their products yet not only keeping quiet but promoting their products as safe for the tender skin of the baby, it is breach of trust; and, above all putting profits before human lives it is breach of trust.



Vijay Mallya for cheating his investors, partners, banks, employees (Kingfisher Airlines) and for stashing away millions for himself before running away from the country leaving others in lingering suspended animation and in a state of flux is breach of trust. from King of good times to the gang lord of cheats - Mallya has brought bad times to many. The law enforcement agencies being so naive so as not being able to catch hold of Mallya before he flees the country is also breach of trust of all those who have believed that the law will take its own course.

From Johnson & Johnson to Vijay Mallya, from US to India, all across the world, today we see so much lack of trust in the corporate sector. Governance is at all time low. 

Is the pressure from the stock market wolves, or a race to the top or a mad rush to make profits? 

Whatever it is, trust deficit is impacting consumer sentiments badly and depleting the faith of the public in general on the corporate and governmental institutions. Long term damages are far greater that might result in disengagement and disenchantment among people.

Time will never forgive the likes of Johnson & Johnson and Mallya.


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