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How do stakeholder-oriented firms ensure they are consistently walking the talk? In conversations with FCLTGlobal members and other subject matter experts, we found that long-term companies take several key steps to operationalize their multi-stakeholder responsibilities.
These steps must be taken in order and repeated regularly to be effective, and this document is a compilation of case studies and toolkits that demonstrate how these steps can be put into practice systematically across an organization. Future-fit, long-term companies need more durable performance to succeed – and that requires attention to a broader group of stakeholders. Firms that connect their purpose to their stakeholder responsibilities are better able to sustainably deliver long-term value.
Stakeholder Capitalism | Report
17 January 2022 - What does it take to earn a return from implementing a multi-stakeholder strategy and offer a rebuttal to skeptics? To answer this question, we turned toward empirical analysis, comparing the characteristics and performance of companies pursuing various stakeholder-oriented strategies.
Video
21 September 2021 - While many organizations recognize the importance of considering constituencies such as workers, suppliers, customers, society and the environment in business and investment decision-making, implementation of new practices and behaviors has been inconsistent, and their effectiveness has been hard to measure.
In the News
1 February 2022 - In a "Letter to CEOs" earlier this month, Larry Fink affirms what many business leaders have been eager to hear for some time — stakeholder capitalism pays off.