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Dip Your Mind Into the New World of Stakeholder Management...

Published: Mar 15, 2023

The Enterprise Engagement Alliance offers free or low-cost ways for people to get started down the path to learning about the formal principles, economics, implementation, and reporting processes of stakeholder management, the implementation process for Stakeholder Capitalism. This learning program is even more important now that the European Union has established stakeholder management as a business norm in its new Corporate Sustainability Reporting Directive requiring disclosures on all areas of stakeholder engagement of large companies (over 250 employees) doing business in Europe. ... [ read more ]

Is the New EU Sustainability Reporting Directive a Game Changer for Stakeholder Management?

Published: Mar 7, 2023

A US legal expert on ESG and stakeholder governance and a European Union specialist on human capital reporting will help management worldwide understand the potential implications of the new European Corporate Sustainability Directive (CSRD). It is expected by the US legal community to have far more impact on US businesses than the EU GDPR privacy rules because of the breadth of the disclosure requirements. ... [ read more ]

Brand Networks Audience Exchange: Empowering Stakeholders to Socialize Your Brand

Published: Mar 7, 2023

A fundamental principle of Enterprise Engagement is to align external and internal communications and marketing, which includes embracing employees and other stakeholders as ambassadors for an organization. Brand Networks, a social media activation agency recently acquired by Augeo, a Minn.-based enterprise engagement agency, was launched to do just that for Fortune 500 companies.... [ read more ]

Stakeholder Capitalism Crosses Red-Blue Divide: 19 Rep., 16 Dem. Govs. Ink Public Benefits Corp. Statutes

Published: Mar 2, 2023

Many of the same governors who have come out against Environmental, Social, and Governance (ESG) have signed into law public benefits corporation statutes which enshrine Stakeholder Capitalism into the corporate laws of their states for any organization which wishes to benefit from them. Beneath the rhetoric, well-known governors in both parties support the principles of Stakeholder Capitalism. ... [ read more ]

In His Own Words, Milton Friedman Supported Stakeholder Capitalism

Published: Feb 27, 2023

With Stakeholder Capitalism thrust into the national limelight by Vivek Ramaswamy, the third declared Republican national presidential candidate, it has become essential to ensure that a non-partisan field born at the front lines of business and academia does not become distorted and delayed by partisan politics. Given that Stakeholder Capitalism is simply better business, the political turmoil could set back a practical approach to business of which the oracle of capitalism clearly approved. ... [ read more ]

Opinion: Stakeholder Capitalism Is a 50-Year-Old Field, The 2019 Business Roundtable Pronouncement Muddied the Waters

Published: Jan 25, 2023

The 2019 Business Roundtable pronouncement that corporations need to address the interests of all stakeholders and the 2020 World Economic Forum Davos Conference reaffirming the 2013 Davos Manifesto containing the same principles drew welcome attention to a well-established business field but opened the door to virulent opposition based on a distorted definition. ... [ read more ]

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