Explore the wonderful quotes under this tag
Business cannot succeed in a world that is failing.
Oct 1, 2025
Behind good brands lie stakeholder companies.
Companies, to date, have often used the excuse that they are only beholden to their shareholders, but we need shareholders to think of themselves as stakeholders in the well being of society as well.
Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read in texts of business economics that they could just as well have a system in which the management is responsible to stakeholders.
Social technology gives leaders a vital new platform with which to connect their companies to the myriad stakeholders who have an interest in their well being.
You must not only focus on the consumer, but also on what it does to you internally - getting people aligned to the strategic mission of the company - what it does to the suppliers, governments, all your stakeholders.
All stakeholders must participate in the gains and losses of any particular situation.
In a free enterprise, the community is not just another stakeholder, but is in fact the very purpose of its existence.
We have entered a new and different world-richly interconnected and radically multicentric-in which the traditional holders of power have to move over and make room for new stakeholders, new players, and new leaders of many kinds. Nobody in Charge, drawing on the learnings of a wise and widely experienced public executive, offers some priceless insights into how things have changed, where they are now, and where we may be going next in this bewildering terrain.
For many people, the only reason to do anything is that it's best for them individually. And I think that's why planners have to be more realistic about devising policies so the stakeholders will say, "I see what you mean - that'll help me." I think expecting people to do the right thing for the right reason leads to a lot of failure in public policy.
Too much of the income gains go to too few people, even though all of the stakeholders worked together to make their companies successful. By failing to put enough income into more hands, the GDP grows slower and consumers manage to meet their needs by incurring high levels of debt.
Authentic marketing is not the art of selling what you make but knowing what to make. It is the art of identifying and understanding customer needs and creating solutions that deliver satisfaction to the customers, profits to the producers and benefits for the stakeholders.
So much business is based on the belief that we should do whatever we can within legal limits to make as much money as we can. Ben & Jerry's was based on values, and we try to operate a business that not just sells ice cream but partners with all our stakeholders - whether that's suppliers or customers - to bring about a more sustainable world.
The Tea Party represents stakeholders in the American system; people who were never involved in politics or thought they had to be, yet realized that political corruption and incompetence threatened not only their families, but the future of the nation itself.
While transparency reduces corruption, good governance goes beyond transparency in achieving openness. Openness means involving the stakeholders in decision-making process. Transparency is the right to information while openness is the right to participation.
There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically they are responsive to the shareholders, but I why not to the so - called stakeholders, the work force and the community? Nothing in economic theory opposes that. Those are social and political decisions.
Corporate executives need to re-frame their responsibilities to include the interests of all the stakeholders in society at large; not just shareholders, but also employees, the citizens of our communities, and those who care about the environment.
Think about how you will start and where you will go. Get the head with logic and the heart with visuals or stories. And think about your core customer and all the other stakeholders as well.
I am very confident that we will be able to convince all the stakeholders - the shareholders, the governments and the employees, that this is in their best interests.
Helping convene global stakeholders to establish a set of measurable, actionable and consensus-built goals focused on extreme poverty is invaluable.
I think the team that successfully puts together an economic and social policy framework for global full employment in decent working conditions based on local development, that would command the support of all stakeholders and all international organizations concerned, should be awarded the [Nobel] prize. I am sure they would get it not just for economics, but also for peace in the world.
What my experience has taught me is that regardless of how complicated the problems might appear, it is possible to work through them and find solutions that are mutually satisfactory to every stakeholder in the problem... most of our problems on this earth are created by us and therefore we have the capacity and the obligation to unmake them.
As president, I will bring all the parties and stakeholders together. I am going to come up with a solution that respects the environment and does not cause an upheaval in the economy.
When trust is high, the dividend you receive is like a performance multiplier, elevating and improving every dimension of your organization and your life.... In a company, high trust materially improves communication, collaboration, execution, innovation, strategy, engagement, partnering, and relationships with all stakeholders.
Industry stakeholders have said to us, which we've heard loud and clear, as we move forward on the climate change discussions we need to do it with a clear eye on the fact that we are also having conversations around royalties and the two can't be separated.
When ownership is local and national, and various stakeholders work together, program innovations have a greater chance to take root and survive.
The CEO announces that the purpose of the firm is to improve the lives of the customers and the lives of the firm's stakeholders and the quality of the planet. The company will give fair compensation to all the stakeholders and the CEO will not earn more than 20 times the median income of his employees. He will want his employees to rate him, just as he also has to rate them.
We've now become conscious of the uncalculated social, economic, and environmental costs of that kind of "unconscious" capitalism. And many are beginning to practice a form of "conscious capitalism," which involves integrity and higher standards, and in which companies are responsible not just to shareholders, but also to employees, consumers, suppliers, and communities. Some call it "stakeholder capitalism."
If you work for and eventually lead a company, understand that companies have multiple stakeholders including employees, customers, business partners and the communities within which they operate.
What we need is political leadership which can give guidance to the development of global governance. We need business leadership which goes beyond shareholder value to understand the needs and fears of other stakeholders and their communities.
It's not easy for an entrepreneur to find the time to blog. But for those who do it, it is a great tool to communicate with the various stakeholders in their business and build a reputation for thought leadership.
When you were growing up, your mom and dad told you to look both ways before crossing the street or not to get into a car with a stranger. It's the same with the internet. We have a big responsibility and a huge role in bringing all the stakeholders to the table - users, parents, educators, law enforcement, government organisations.
The Caring for Climate initiative is fully aligned with our own explicit commitments, which reflect our respect for society in which we operate, respect for the environment, respect for the future generations. Climate change must be addressed through mutually beneficial collaboration and multi-stakeholder channels to be effective ultimately.
Stakeholders - meaning workers and community - the CEO could just as well be responsible to them. This presupposes there ought to be management but why does there have to be management? Why not have the stakeholders run the industry?
The reason that the unions and the other stakeholders have not cut a deal with the automakers is because they believe the federal government is going to bail them out.
Leaders must earn the trust of their teams, their organizations, and their stakeholders before attempting to engage their support.
The mandate entails a generous synthesis of civil, political, economic, social and cultural rights. The title requires the expert to be truly independent, keep an open mind, conduct his/her research objectively and without ideological prejudices, listen to all sides of an argument and seek the opinion of all stakeholders. The essence of an independent expert is not merely his/her expertise - which must be considered a given - but the faculty of thinking outside the box, while rigorously respecting the terms of reference laid down in the resolution establishing the mandate, and observing the code of conduct of rapporteurs.
A true architect is not an artist but an optimistic realist. They take a diverse number of stakeholders, extract needs, concerns, and dreams, then create a beautiful yet tangible solution that is loved by the users and the community at large. We create vessels in which life happens.
An architect is not an artist but an optimistic realist.
If we want to make progress in key areas now, we have to build a multi-stakeholder process, harnessing the appropriate energies. So not only the politicians but also business, the wider civil society, and the trade union movement all have a contribution to make, whether it is at national or at international level.
To make progress we have to build a multi-stakeholder process, harnessing the appropriate energies.
Understand stakeholder symmetry: Find the appropriate balance of competing claims by various groups of stakeholders.
In a large pharmaceutical company, where it's a big bet, you're going to need finance people to be involved in the decision-making because the investment can run into the hundreds of millions of dollars. You're going to have to run scenarios. You might even need agreement from the C.E.O. to make that type of decision. If it's an incremental, low-cost decision in a marketing-oriented company, it may be a very different set of stakeholders a lot further down in the organization.
In an age where everything and everyone is linked through networks of glass and air, no one - no business, organization, government agency, country - is an island. We need to do right by all our stakeholders, and that's how you create value for shareholders. And one thing is for sure - no organization can succeed in a world that is failing.
I want to improve TSA's counterterrorism focus through intelligence and cutting edge technology, support the TSA workforce, and strengthen the agency's relationships with stakeholders and the traveling public. All of these priorities are interconnected and are vital to TSA's mission - and I would say, all of our collective mission.
International "experts" from technical assistance agencies or universities can make important contributions, but they certainly don't have all the answers. When ownership is local and national, and various stakeholders work together, program innovations have a greater chance to take root and survive.
At the individual level, you need to examine what you truly value, share this with key stakeholders in various life domains both to get feedback and support, and then to experiment with new ways of doing things so that - over the arc of a life - you can achieve harmony and have more of what it is that you uniquely want out of life.
We are (most of us) embedded in an exceedingly complex network of social relationships, many of which are vital to our well-being. Every day we confront issues relating to the needs and wants of others and must continually make accommodations. And in addressing these conflicting interests, the operative norm is - or should be - fairness, a balancing of the interests and needs of other parties, other 'stakeholders.'
If we want to identify the great success of American research universities, and that success goes far beyond Harvard, we have to come back to the question of governance. Excellence requires a firewall between trusteeship, or government ministries, and the academic decision-making process. This American concept of shared governance wherein the faculty are engaged in running the university as part of a collaboration with the other stakeholders.
We need to be prepared to have multi-stakeholder, well-managed partnerships. That can be very effective. We saw this happen at international level with the UN Convention on Landmines, for example, where some governments didn't want to go forward, but enough governments did and with them many NGOs. At international level we need to see this as the 21st century way of doing things.