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Stakeholder Capitalism


Stakeholder Capitalism
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Stakeholder Capitalism


Stakeholder Capitalism
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Author : Klaus Schwab
language : en
Publisher: John Wiley & Sons
Release Date : 2021-01-27

Stakeholder Capitalism written by Klaus Schwab and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-27 with Business & Economics categories.


Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Stakeholder Capitalism


Stakeholder Capitalism
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Author : Klaus Schwab
language : en
Publisher: John Wiley & Sons
Release Date : 2021-01-06

Stakeholder Capitalism written by Klaus Schwab and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-06 with Business & Economics categories.


Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Tomorrow S Capitalist


Tomorrow S Capitalist
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Author : Alan Murray
language : en
Publisher: Public Affairs
Release Date : 2022-05-10

Tomorrow S Capitalist written by Alan Murray and has been published by Public Affairs this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-10 with Business & Economics categories.


The CEO of Fortune Media chronicles the transition from the era of late 20th/ early 21st century capitalism to one profoundly different and in tune with the changing social, political, and economic mores A major change is shaking up capitalism. The core tenets of a system that dominated the world for more than a century are being challenged as never before. Tomorrow's Capitalist captures the profound transformation of capitalism and the people leading the corporate world today. The walls that once insulated these leaders from the turbulent social, economic, and political forces in society have melted away. Now corporate leaders are face to face with public realities in unprecedented ways. Increasingly, they are embracing a new openness, acknowledging the public demand for them to be more socially aware and responsive. They clearly see that we are at a tipping point: narratives about the failures of capitalism, the greed of the one-percenters, and the blindness of corporations to public need have made their mark and compel change -- not superficially with the kind of cosmetic fixes that typically generated so much cynicism in the past, but real transformation in the way corporations are imagined and run. This transformation is not about a few "woke CEOs" but one driven by the fundamental issues of our time: climate; diversity and inclusion; and inequality and workforce opportunity. And since talent is today's top driver of corporate value, employees are increasingly driving the change. In Tomorrow's Capitalist Alan Murray brings his extensive expertise acquired during three decades in journalism at the Wall Street Journal and Time Inc, and as the current CEO of Fortune Media, to deliver realistic, grounded insight into a transformation affecting everyone. With unmatched access to nearly every important corporate leader of our times, Murray writes about their love of capitalism, and their clear-eyed acknowledgment that it is an imperfect system that must adapt to the times. As one put it, "It's clear that capitalism needs an upgrade and our operating license is at stake." Tomorrow's Capitalist shares the stories and experiences of those on the frontlines who are making it happen.

Stakeholder Capitalism


Stakeholder Capitalism
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Author : G. Kelly
language : en
Publisher: Palgrave Macmillan
Release Date : 1997-03-20

Stakeholder Capitalism written by G. Kelly and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-03-20 with Political Science categories.


A concise and authoritative survey of the political and economic debate around Tony Blair's 'Big Idea' of stakeholding by leading exponents and their critics on both Left and Right. The book summarises and criticises the key stakeholder arguments as these have been applied to the economy and to society. The book seeks to identify what is new in the concept of stakeholding, and whether it can provide the organising idea and strategic direction for a reformist government to regain the initiative in the battle of political ideas for the New Right.

Sustainable Enterprise Value Creation


Sustainable Enterprise Value Creation
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Author : Richard Samans
language : en
Publisher: Springer Nature
Release Date : 2022

Sustainable Enterprise Value Creation written by Richard Samans and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Capitalism categories.


While commitment to the principles of stakeholder capitalism is growing, the practice of them is still developing. ...That is what makes this book such an important contribution. It is the most extensive treatment to date of the practice and diverse legal and historical traditions of stakeholder capitalism, and it outlines an implementation framework for companies in any industry or country through their corporate governance, strategy, reporting and partnerships. As such, it fills a gap in both scholarship and practice. From the Foreword by Klaus Schwab, Founder and Executive Chairman, World Economic Forum "An essential read for all current and future business leaders. We need to redirect capitalism to accelerate global systems transformations to deliver an equitable, net-zero and nature positive world. Jane and Rick expertly take leaders through the practical steps they must take to ensure their businesses continue to create long-term value for all their stakeholders. I look forward to seeing these principles and practices becoming the norm across the corporate world." Peter Bakker, President and CEO, World Business Council for Sustainable Development "An insightful and timely book. Stakeholder capitalism can no longer be only a choice but rather must become the floor of competitive practice. A just, inclusive and sustainable future is possible but it will take major reform of investment and corporate practice. All investment must be governed with an ESG lens. And companies must accept responsibility for due diligence for human and labour rights with environmental standards as well as governance with an accountability that embeds these practices in the business model; the human centred approach so ably laid out here. A must read!" Sharan Burrow, General Secretary, International Trade Union Confederation "Stakeholder capitalism is about adding value to all stakeholders, as this important book explains in great depth. We need to depart from the assumption that it is zero sum game. Technological advancements have made it possible to serve all stakeholders simultaneously, and it has become good business to develop sustainable solutions for the future. As such, ESG has become core to the strategy of any company, and transparency on ESG has become as important as the traditional financial reporting. Business leadership in this new era is about setting ambitious targets and over-delivering on both to create a sustainable future faster." Jim Hagemann Snabe, Chairman of Siemens and A.P. Moller-Maersk, Vice Chairman, Allianz.

Journey To Centricity


Journey To Centricity
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Author : Ilenia Vidili
language : en
Publisher: The Smarter Crew
Release Date : 2021-11-23

Journey To Centricity written by Ilenia Vidili and has been published by The Smarter Crew this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-23 with Business & Economics categories.


Managers and leaders know that customer centricity means providing positive customer experiences. But what if that’s not enough? In the current age, where Millennials and Generation Z are shaping the very fabric of society and business, to remain relevant, organisations must provide more than occasional good experiences. A narrow focus on short-termism, excessive tech automatisation and outdated product mentalities are a liability to customer centricity. We need businesses that are willing to radically change, embrace a long-term, customer-focussed perspective, and are able to create value for all stakeholders. In Journey to Centricity, Ilenia Vidili instils a customer-oriented vision from the C-suite beyond, to transform your day-to-day operations and culture through three pillars: Humanity. Make your brand more human by embracing a higher purpose, an empathic human touch and sustainable corporate responsibility. Technology. Apply the necessary tools as enablers to ease of use, hyper-personalisation and innovation to improve your customers’ lives. Culture. Invest effort in changing old-style mindsets that improve your culture and fortify your brand, to create a place where employees feel motivated, valued and appreciated. Drawing on B2C practical advice from Ilenia’s first-hand interviews with leaders of world-class organisations such as illycaffè, Enel, Polestar, Forrester and Bain & Co, this book lays out a customer-centric framework for thriving in the new era of stakeholder capitalism. Receive a powerful call to action to combat old paradigms, improve customer focus, create value for all stakeholders and contribute to a sustainable business world. There has never been a more critical time for change. Transform your mission into a journey to centricity.

The Heart Of Business


The Heart Of Business
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Author : Hubert Joly
language : en
Publisher: Harvard Business Press
Release Date : 2021-05-04

The Heart Of Business written by Hubert Joly and has been published by Harvard Business Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-04 with Business & Economics categories.


A Wall Street Journal Bestseller Named a Financial Times top title How to unleash "human magic" and achieve improbable results. Hubert Joly, former CEO of Best Buy and orchestrator of the retailer's spectacular turnaround, unveils his personal playbook for achieving extraordinary outcomes by putting people and purpose at the heart of business. Back in 2012, "Everyone thought we were going to die," says Joly. Eight years later, Best Buy was transformed as Joly and his team rebuilt the company into one of the nation's favorite employers, vastly increased customer satisfaction, and dramatically grew Best Buy's stock price. Joly and his team also succeeded in making Best Buy a leader in sustainability and innovation. In The Heart of Business, Joly shares the philosophy behind the resurgence of Best Buy: pursue a noble purpose, put people at the center of the business, create an environment where every employee can blossom, and treat profit as an outcome, not the goal. This approach is easy to understand, but putting it into practice is not so easy. It requires radically rethinking how we view work, how we define companies, how we motivate, and how we lead. In this book Joly shares memorable stories, lessons, and practical advice, all drawn from his own personal transformation from a hard-charging McKinsey consultant to a leader who believes in human magic. The Heart of Business is a timely guide for leaders ready to abandon old paradigms and lead with purpose and humanity. It shows how we can reinvent capitalism so that it contributes to a sustainable future.