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Former Delaware Judge Leo Strine Headlines EEA Live Show on the Stakeholder Capitalism Controversy

Published: Dec 4, 2022

Bring your questions to this unique opportunity to hear from Leo E. Strine Jr., former Delaware Chief Justice and an early advocate of Stakeholder Capitalism and Public Benefits Corporations, on Tue., Dec. 13 at 1 pm ET US. Register here. He will be joined by Larry Beeferman, a consultant and Fellow on Labor and Work Life at the Harvard Law School to discuss why Stakeholder Capitalism and Environmental, Social, Governance (ESG) have taken so much flack from the left and the right; the role of Public Benefits Corporation statutes, and a look at the future of Stakeholder Capitalism. ... [ read more ]

EEA Marks 13th Anniversary With Focus on Implementation of the "S" of ESG

Published: Dec 4, 2022

The Enterprise Engagement Alliance was founded in 2008 to advance a strategic and systematic approach to people across the enterprise, otherwise known as the “S” of Environment, Social, and Governance (ESG.) Founded well before the emergence of Stakeholder Capitalism, the EEA has led the way in helping to create a formal roadmap for organizations and solution providers profit from this emerging approach to success in business and to discouraging the “bright shiny object” approach that continues to describe most organizational approaches to people management. Here’s a summary of the EEA’s actions to advance the cause of people since it’s formation. ... [ read more ]

CFO Corner: Inadequate Financial Reporting Leads to Bad Decisions

Published: Nov 28, 2022

Nick Shepherd, a retired chief financial officer now active as an author of books and articles on financial management and human capital, argues in this new ESM column, CFO Corner, that the financial information provided by organizations today leads to bad decisions because it provides no way to measure the financial impact of stakeholder engagement. The accounting system, says this highly experienced financial officer, does not account for the future value created by investments in people today, nor the future value destruction that occurs in short-term layoffs, such as those occurring at Twitter. ... [ read more ]

Japanese Firm Earns ISO 30414 Certification; HRSI Adds Certification Service

Published: Nov 9, 2022

Is momentum beginning to grow for ISO 30414 Human Capital reporting? The Toyota Tsusho Corp. announced that it has achieved the ISO 30414 Human Capital Reporting certification, the second company in Japan and the sixth organization in the world with this designation. And, the Human Resource Standards Institute has announced that it is now providing ISO 30414 certification for organizations, along with ISO 30415 Diversity, Equity, and Inclusion. ... [ read more ]

Analysis: Is Enterprise Engagement Tech Space Taking Shape With Recent US Entrants?

Published: Oct 31, 2022

The little-known ability offered by Enterprise Engagement technology to do for general stakeholder engagement what CRM has done for customer relationship management will gradually get a boost as more companies enter the field and organizations large and small recognize the enormous advantages of aligning all stakeholder engagement practices on a single platform. ... [ read more ]

Verizon Case Study: Dissecting the Waste and Poor Experiences of Shareholder Capitalism

Published: Oct 31, 2022

This diary of a single purchase of a Google 7Pro smart phone documents the waste of organizations lacking a strategic and systematic approach to stakeholder engagement across the enterprise. Multiple Verizon employees off the record confirmed that this experience and the underlying causes are common at Verizon. It demonstrates the need to embrace a better way to measure the impact of low productivity, quality, and customer service if organizations hope to achieve a better return on investment on their engagement of employees and customers.... [ read more ]

Corporate Secretary Study: Stakeholder Capitalism Gains Traction

Published: Oct 26, 2022

A new study by Corporate Secretary, an IR Media publication, finds that a “large majority of companies are looking beyond the interests of just shareholders, but relatively few have so far created a formal approach to Stakeholder Capitalism amid growing interest in the concept.” The study suggests the need for a greater understanding of formal strategic and systematic implementation frameworks.... [ read more ]

Opinion: When It Comes to Recognition, The Customer Is Often Wrong

Published: Oct 18, 2022

This article isn’t designed to make friends among recognition managers and suppliers but rather to help organizations right a terrible wrong: most recognition programs ignore basic principles of effective implementation and are a waste of money and time. Here’s why and how to correct it. With a recession looming, human resources managers who wish to retain these programs can take some simple steps to make them better. ... [ read more ]

B-CAT Launches Half-Day Team Cohesion Service

Published: Oct 3, 2022

A leader in brand-culture alignment has introduced a half-day service to recharge and/or reset the culture within an organization or team. It provides an alternative to traditional outdoor- or recreational-team building in that it focuses the interaction on clear organizational goals. ... [ read more ]

Governance Expert Defines Stakeholder Capitalism and its Implications

Published: Oct 2, 2022

Speaking before the Interfaith Center on Corporate Responsibility, Leo E. Strine Jr., an expert on corporate governance, provides a clear definition of Stakeholder Capitalism that he believes finds common ground among the right and the left, including a little bit of pain for each side. If done right, Stakeholder Capitalism can benefit all the interests we care about while preserving our individual freedoms.... [ read more ]

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