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Three Steps for Creating and Implementing a Stakeholder Strategy
Three Steps for Creating and Implementing a Stakeholder Strategy
With a practical, data-driven approach, leaders can create value for both shareholders and stakeholders.
HBR.org
With a practical, data-driven approach, leaders can create value for both shareholders and stakeholders.
This article originally appeared on HBR.org.
In 2019, the Business Roundtable essentially declared the end of the era when the end all and be all of major corporations was maximizing shareholder value. Instead, it stated that companies should serve all stakeholders that materially impact and are impacted by its business activities: customers, employees, suppliers, communities, and investors.
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A data-driven approach to design, measurement, and implementation.