Is Stakeholder Capitalism Necessary for Economic Success?
Explore the evolving relationship between business and society in America through this 39-minute talk from The Aspen Institute. Delve into the future role of corporations in addressing social issues, examining how recent events and movements have catalyzed more open corporate stances on controversial topics. Investigate the concept of stakeholder capitalism and its potential impact on economic success. Analyze the risks and benefits of increased business engagement in societal matters, including employee expectations, generational shifts, and CEO responses. Learn about the importance of coalitions, long-term commitments, and stress-testing strategies when businesses tackle social issues. Gain insights into the compromises and barriers companies face as they navigate their expanding role in society, and consider the implications for both business success and social progress.