Stakeholder Business Foundations
Increase financial performance, bolster company value, benefit society, and bring a greater sense of meaning to work.
It's the ultimate win-win.
Read on for all you need to know about this new paradigm.
Stakeholder Business — a company that strives to optimize benefit for all company stakeholders.
How Is Stakeholder Business Different?
Shareholder capitalism, believing the sole purpose of business is to maximize value for shareholders, has been popular since the 1970s. Typically the only measure of success in this paradigm is profit.
A stakeholder business strives to create value for any person or entity that is impacted by the business, which includes but is not limited to shareholders. "Value" can be direct financial gain, but can also be created in other ways.
The Business Case For Stakeholder Business
Business leaders worldwide have woken up to the benefits of transitioning to the stakeholder business model.
It's not just something that's "nice to do."
Stakeholder business has proven to enhance the long-term financial value and performance of companies worldwide.
The Stakeholder Business Roadmap
We've had a front-row seat to the emergence of stakeholder capitalism through our work with leading CEOs over the last decade.
Regardless of company size or industry, we've identified four key elements that are needed for any stakeholder business to thrive.
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The Contemporary Landscape
Stakeholder capitalism has moved from "fringe movement" to bonafide successful business strategy.
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