Purpose And Shareholder Value: Have Your Cake And Eat It Too
As the interest in social consciousness grows, businesses must learn to incorporate those principles into their purpose.
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As the interest in social consciousness grows, businesses must learn to incorporate those principles into their purpose.
The industry is rife with opportunity for investment for boards aiming to expand their social venture footprints, but do so in a way that will leave an indelible mark and effect long-term change.
The carmaker’s board seems to think resisting change will be a win, but some negative consequences of opposing shareholders already are becoming evident.
It’s impossible to make everyone happy, but you can offer a response that is as transparent as possible and shows a level of integrity.
Boards are now broadening their oversight to capitalize on the criticality of more diverse, equitable and inclusive organizations—and strong organizational culture.
Companies that drag their feet on addressing workplace issues risk shareholders intensifying efforts to effect change—and some of those efforts could take other forms, which would not be welcomed by board members.
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