Shapeholders

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Shapeholders

Author: Mark R. Kennedy
language: en
Publisher: Columbia University Press
Release Date: 2017-05-09
Today, all it takes is one organizational misstep to sink a company's reputation. Social media can be a strict ethical enforcer, with the power to convince thousands to boycott products and services. Executives are stuck on appeasing stakeholders—shareholders, employees, and consumers—but they ignore shapeholders, regulators, the media, and social and political activists who have no stake in a company but will work hard to curb what they see as bad business practices. And they do so at their own peril. In Shapeholders: Business Success in the Age of Activism, former congressman, Fortune 500 executive, and university president Mark Kennedy argues that shapeholders, as much as stakeholders, have significant power to determine a company's risks and opportunities, if not its survival. Many international, multi-billion-dollar corporations fail to anticipate activism, and they flounder on first contact. Kennedy zeroes in on the different languages that shapeholders and companies speak and their contrasting metrics for what constitutes acceptable business practice. Executives, he argues, must be visionaries who find profitable—and probable—collaborations to diffuse political tensions. Kennedy's decision matrix helps corporations align their business practices with shapeholder interests, anticipate their demands, and assess changing moral standards so that together they can plan a profitable route forward.
The United Nations Global Compact and the Encyclical Laudato Si

Author: Oliver F. Williams
language: en
Publisher: Taylor & Francis
Release Date: 2023-04-21
In April 2016, the Center for Ethics and Religious Values in Business of the Mendoza College of Business at the University of Notre Dame with the United Nations Global Compact (UNGC) Office convened a group of scholars and business leaders to discuss the Encyclical Laudato Si (LS) and the UN Sustainable Development Goals (SDGs). The articles in this special issue are from that conference; the hope is that they will provoke your thinking and lead to new action to make the world a better place.How is it that the secular United Nations and the religious Vatican have a common vision for business? At root, this common vision for business flows from a common vision for society as a whole.For business, flowing from this common vision is a common understanding of the purpose of business. Catholic social thought has always taught that the single-minded focus on making money in business can never be acceptable. The purpose of business is to create sustainable value for stakeholders and that value is not exclusively monetary value.
Technology Entrepreneurship

This collection of expert articles explores the development drivers of new technology-based firms and projects. It provides perspectives for an in-depth understanding of how technological inventions lead to the creation of new and sustainable companies or business units. The authors address methods and concepts that help technology-based start-ups and entrepreneurial projects successfully develop innovative products and services.