Kenan Study: Stakeholder Capitalism Cannot Jettison Profit Maximization
Published: Feb 13, 2023
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An audit of the Augeo Marketing Encore technology confirms that it maintains the capabilities necessary to support an Enterprise Engagement approach to management and marketing and to support Annex SL and ISO 10018 People Engagement standards. ... [ read more ]
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Not only does the annual survey of about 15,000 workers show that only 32% of employees are engaged in their work, down from 34% last year and 36% the year before, but the ratio of actively disengaged workers increased by two percentage points from 2021 and four points from 2020. ... [ read more ]
Employee-owned, Des Moines-based ITA Group continues its strategy of purchasing companies in various aspects of the engagement space worldwide.... [ read more ]
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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As of Dec. 30, 2022, the JUST 100 Index (JUONE) that tracks the top 100 ranked companies on the issues that Americans consider most important outperformed the Russell 1000 by 13.3% since inception in November 2016. The survey on which the rankings are based finds wide agreement on the principles of stakeholder capitalism across the demographic and political spectrums. ... [ read more ]
While business and political pundits battle out the high-level issues related to Environment, Social, Governance (ESG), the Enterprise Engagement Alliance focuses specifically on the implementation of systems and technologies that support the benefits of fostering the proactive involvement of all the stakeholders who contribute to organizational success. ... [ read more ]
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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 ]
Many organizations have wasted immense sums of money in developing corporate values and re-orienting their strategies around corporate purpose. Usually, their intentions are good but unless these investments have an impact, where is the ROI? ... [ read more ]
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 ]
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 ]
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