OUR MANIFESTO

Milton Friedman, 1981. Hoover Institution on War, Revolution and Peace Records, Hoover Institution Archives

As business leaders, we have constructed an economic machine of unprecedented efficiency. By every standard metric (liquidity, velocity, yield) the global system is performing at peak capacity. Yet, to the lucid observer, it is evident that our world is technically functional but culturally hollow and existentially uninhabitable.

The Hollow Success

We are witnessing a paradox at the heart of the modern corporation. Organizations have never been more optimized, yet they have never been more fragile. We see leaders achieving what the market defines as success, only to find themselves presiding over hollowed-out organizations. The narratives of "mission" and "purpose" broadcast externally are increasingly disconnected from the human operational reality. We are optimizing a system that produces financial density but human vacuity.

We are winning the game, but the game has ceased to be worth playing.

The Confusion of Means and Ends

This disorientation is not an accident of fate; it is the direct consequence of a specific historical rupture. In 1970, the business world adopted a new compass, formalized by the economist Milton Friedman in his doctrine: the idea that the sole social responsibility of business is to increase its profits.

While intended to clarify the role of the firm and discipline management during a period of economic stagnation, the widespread implementation of this doctrine triggered a fatal inversion of logic. For centuries, profit was understood as a vital Means to sustain Human Ends (innovation, continuity, community). The Friedman shift elevated the Means to the status of the End. It turned the tool into the goal.

The consequences of this inversion are now systemic. By making the financial metric the ultimate compass, we detached economic logic from anthropological reality. We created a closed loop where companies are forced to liquidate their human and cultural capital-the very source of their longevity-to satisfy the short-term demands of the gauge.

We mistook the scoreboard for the sport.

This error has trapped decision-makers in a tunnel of rationality where the only "logical" choice is often the one that destroys the most value over the long term.

The Principled Alternative

Glenshore was founded on a singular premise: The Friedman era is not the eternal rule, but an abnormality in human history.

We advise principled business leaders who recognize that the compass is broken and are ready to restore a hierarchy of ends that aligns economic performance with human purpose. We support them as they make strategic and financial decisions where capital serves the mission, not the reverse.

As business leaders ourselves, our ambition is to champion this alignment alongside our clients, and in doing so, inspire others.

Together, we ensure that decisions made today are defensible not just to shareholders next quarter, but to our successors in the next generation.

The Return of Agency

Moving on from Friedman requires a deliberate act of will by those who hold the levers of the economy.

We envision a business world where the inversion of profit and meaning is corrected. A world where Mergers & Acquisitions are no longer a liquidation of mission, but a transmission of responsibility. A world where the corporation is once again viewed as a human adventure, encoded with a purpose that transcends an Excel spreadsheet.

This is not a retreat from capitalism. It is a restoration of its legitimacy. It is the return of a business leader who is sovereign, one who refuses to be a functionary of a blind system and chooses instead to be an architect of a human future.

The realignment begins with a choice every business leader can make today: to restore the compass to its true north when making corporate decisions.

We hope you will join us in making that choice.