Stakeholder Capitalism in the News: New Podcast Series, Debates, Investor Pressures

Here’s a recap of the latest news about Stakeholder Capitalism in business and social media.
 

Stakeholder Capitalism Pioneer R. Edward Freeman Hosts Podcast Series with Academics and Business Leaders…

 

He says, “Stakeholder thinking about business means that every business creates (and sometimes destroys) value for customers, suppliers, employees, communities and financiers. Successful stakeholder thinking is about finding win-win-win solutions to problems.”

 

He explains in an upcoming article in the EEA's ESM online magazine that Stakeholder Capitalism is a reform movement for Capitalism and that Stakeholder Theory is an organizational management approach that supports its implementation.

 

The ongoing podcast series features academic and business leaders, including:

 

• Laura Dunham, Associate Dean of the Schulze School of Entrepreneurship and Best Buy Chair at the University of St. Thomas in Minneapolis.

 

• Bill Shelton (He/Him/His), Co-CEO and Founder of Evolution of Sports (EOS) and its first product, Parity, dedicated to improving the lives of elite women athletes through technology and analytics.

 

• Katherine Neebe, Vice President for National Engagement and Strategy and Chief Sustainability Officer at Duke Energy. She is also the President of the Duke Energy Foundation.

 

• Carolyn Miles, a Professor of Practice at the Darden School, University of Virginia, and formerly CEO of Save the Children for many years.

 

• Carter Phipps, a writer whose latest book is the Wall Street Journal bestselling, “Conscious Leadership” with John Mackey and Steve McIntosh. He is the author of “Evolutionaries,” and a co-founder of the Institute for Cultural Evolution.

 

• Deborah Westphal has 30 years of experience consulting with major companies on their approach to a human-centered future. She is the author of a new book, “Convergence: Technology, Business and the Human Centered Future.”

 

Join London Business School’s Centre for Corporate Governance (CCG), the Financial Times, and the Harvard Law School Program on Corporate Governance for a virtual event exploring Stakeholder Capitalism. The meeting is set for Tue. Oct. 5, noon to 1:20 pm ET. 

 

The speakers are:

• Lucian Bebchuk, James Barr Ames Professor of Law, Economics, and Finance, and Director of the Program on Corporate Governance, Harvard Law School, and co-author of “The Illusory Promise of Corporate Governance,” “For Whom Corporate Leaders Bargain,” and “Will Corporations Deliver Value to All Stakeholders?”

• Alex Edmans, Professor of Finance and Academic Director, CCG, London Business School, and author of "Grow the Pie: How Great Companies Deliver Both Purpose and Profit."

Click here to register.

 

Check out these 10 podcasts covering different aspects of the movement, including the perspective of people who have individually benefited from Stakeholder Capitalism.

 

• The State of the Movement discusses the state of the movement for stakeholder capitalism, and the systems that will need to be addressed to accelerate progress with Jay Jakub, Chief Advocacy Officer, Economics of Mutuality; Raj Sisodia, Distinguished University Professor of Conscious Enterprise and Chairman, Conscious Enterprise Center at TECNOLOGICO DE MONTERREY and Bob Chapman, Chairman of Barry Wehmiller Co., St., Louis.

 

• Biggby Coffee company case study of transition to Stakeholder Capitalism.

 

• The Economics of Mutuality program features Jay Jakub discussing the Mars-funded outreach and advisory service.

 

• Firms of Endearment features the story of Raj Sisodia’s journey of writing the book Firms of Endearment finding that Stakeholder Capitalism management practices resulted in a 14 to 1 performance advantage over a 15-year time period.  

 

• In Bags Fly Free, Marianne Malina, President of GSD&M, tells the story of the 2009 board meeting at which Southwest Airlines CEO Gary Kelley chose to reject the tradeoff choice that led every other major air carrier to begin charging for the 1st and 2nd checked bag. 

 

• This Barry Wehmiller case study is the story of how the company grew into a $3 billion global enterprise under Stakeholder Capitalism principals.

 

Ironically, Stakeholder Capitalism is being driven first and foremost by investors, who see it as the most sustainable path to wealth creation.

 

Check out the agenda of this year’s “The BIG I – Investor and Issuer Invitational Forum™”. 

Stakeholder Capitalism at 9/29 at noon to 5 pm ET. 

 

The speaker line-up features compliance and Corporate Responsibility expert. Missing is the point of view of effective, ROI-based human capital management designed to support organizational purpose and goals.

 

The world’s business in-crowd will be discussion Stakeholder Capitalism, the new World Economic Forum Stakeholder Capitalism metrics, and much more of this mecca of business influence, returning to a live format Jan. 17-21. The event “will focus on accelerating Stakeholder Capitalism, harnessing the technologies of the Fourth Industrial Revolution, and ensuring a more inclusive future of work.” Click here for more details.

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• Founded in 2008, the Enterprise Engagement Alliance provides outreach, learning and certification in Enterprise Engagement, an implementation process for the “S” or Social of Stakeholder Capitalism and Human Capital Management and measurement of engagement across the organization.
• The Enterprise Engagement Alliance provides a training and certification program for business leaders, practitioners, and solution providers, as well as executive briefings and human capital gap analyses for senior leaders.
• The EEA produces an education program for CFOs for the CFO.University training program on Human Capital Management.
• Join the EEA to become a leader in the implementation of the “S” of ESG and Stakeholder Capitalism. 

• The ESM information portal and The Enterprise Engagement Advisors Network solution provider marketplace cover all aspects of stakeholder engagement, and the EEA information library lists dozens of resources.
• The RRN information portal and Brand Media Coalition marketplace address the use of brands for gifting, incentives, recognition, and promotions. The BMC information library provides information and research resources.

• Enterprise Engagement for CEOs: The Little Blue Book for People-Centric Capitalists. A quick guide for CEOs.
• Enterprise Engagement: The Roadmap 5th Edition implementation guide. A comprehensive textbook for practitioners, academics, and students.

• Organizations of all types develop strategic Stakeholder Capitalism and Enterprise Engagement processes and human capital management and reporting strategies; conduct human capital gap analyses; design and implement strategic human capital management and reporting plans that address DEI (Diversity, Equity, and Inclusion), and assist with managed outsourcing of engagement products and services.
• Human resources, sales and marketing solution providers profit from the emerging discipline of human capital management and ROI of engagement through training and marketing services.
• Investors make sense of human capital reporting by public companies.
• Buyers and sellers of companies in the engagement space or business owners or buyers who seek to account for human capital in their mergers and acquistions.