CLAIM: adopting stakeholderism is the most ideal and feasible approach for public corporations to strive for in the 21st century.
Embracing stakeholderism is presented as the most suitable strategy for public corporations in the current century, emphasizing the importance of environmental sustainability. This approach aligns with consumer preferences, as modern buyers are more inclined to support businesses they find likeable, particularly those that prioritize eco-friendly practices.
CLAIM: adopting stakeholderism is the most ideal and feasible approach for public corporations to strive for in the 21st century.
OBJECTION:Hollow approach and greenwashing
Rebuttal: -failing to provide empirical data to support their claims
evidence today favors environmental sustainability approaches as a beneficial strategy as earlier shown with KPMG
Long-Term Value Creation
“Generating long-term value for shareholders, who provide the capital that allows companies to invest, grow and innovate. We are committed to transparency and effective engagement with shareholders.”
Long term value creation is a subject that aligns a multitude of perspectives including stakeholders, employees, customers and the environment to broaden discussions for the long term benefit of public corporations.
Increased Employee Engagement and Productivity
Increased funding in Training employees to adapt to the new age of technological advancements
Stakeholderism encourages open communication and collaboration among different stakeholders. This can lead to better teamwork and coordination within the organization. Improved communication can reduce misunderstandings, enhance problem-solving, and ultimately boost productivity.
By involving employees in decision-making processes and considering their perspectives, stakeholderism fosters a sense of inclusion and value.
Environmental Sustainability
21st Century environmental sustainability is crucial for a business and its consumer preferences as individuals are more likely to purchase a product or service from a business based off how likeable a company is.
