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Three Steps for Creating and Implementing a Stakeholder Strategy

With a practical, data-driven approach, leaders can create value for both shareholders and stakeholders.

By Darrell Rigby, Zach First, and François Faelli

Published on May 22, 2023
min read


This article originally appeared on HBR.org. In 2019, the Business Roundtable essentially declared the end of the era when the end all and be all of major corporations was maximizing shareholder value. Instead, it stated that companies should serve all stakeholders that materially impact and are impacted by its business activities: customers, employees, suppliers, communities, and investors. Read the full article on HBR.org (subscription may be required). Article How to Create a Stakeholder Strategy A data-driven approach to design, measurement, and implementation.

This article originally appeared on HBR.org.

In 2019, the Business Roundtable essentially declared the end of the era when the end all and be all of major corporations was maximizing shareholder value. Instead, it stated that companies should serve all stakeholders that materially impact and are impacted by its business activities: customers, employees, suppliers, communities, and investors.

Read the full article on HBR.org (subscription may be required).