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A changing landscape: are we going in the same direction?

Industry has prospered but the start of the new decade brings a new period with challenges including climate change, ‘black swan’ events and population growth.  Companies are moving away from shareholder dominance to a model which focuses on ‘sustainable value’ for all stakeholders, because companies who are trusted by all stakeholders emerge faster and stronger from volatility and uncertainty.  

    • Is it a bigger risk if we don’t push the ‘stakeholder’ agenda forward?  Can we add value to shareholders long term by taking account of other stakeholder needs, perhaps more than we have done in the past?
    • How do we define success?
    • What are we doing differently now to deliver value to each of our stakeholders, including the environment?
    • How can we remain focused on long term issues as well as short term disruption?
    • How can we steer our business models towards more profitable, sustainable and long term solutions?
    • How do industries and markets change to ensure long term viability?
    • How can we be more resilient, especially in times of geopolitical and market uncertainty?
    • Can new technology help to re-think business value propositions as well as improve our processes?

“At a very basic level, the competitiveness of a company and the health of the communities around it are closely intertwined. A business needs a successful community, not only to create demand for its products but also to provide critical public assets and a supportive environment. A community needs successful businesses to provide jobs and wealth creation opportunities for its citizens”   

Mark Kramer, Harvard University, and Michael Porter