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Saturday, January 21, 2023

CEO...?


"It took us a while to learn that you can't actually make a company more digital by appointing a chief digital officer, or that a chief diversity officer could not single-handedly make a company's culture more inclusive. So we already know that we cannot just appoint a chief stakeholder officer if we really want to serve all stakeholders. Instead, we need to reset. If we really want to serve stakeholder needs, we need to get everyone involved. There are no quick fixes..."
There never were...!
"We've been looking for people who look different, but boards still do the same thing. We don't need tokens. We need people who truly understand the experience and represent the diversity of our stakeholders."
The Living Beings with Brains as well as Hearts...!
"Imagine a world where corporate governance was very different than today:
Community leaders sitting on the boards of their local bank;
Moral philosophers advising social media companies;
Environmental activists as directors of global energy companies."
Can I ask for more...?
"If customers are stakeholders, then they should not be harmed by the goods, services and products we produce. It's that simple."
Really...?
"For stakeholder capitalism to really work, we all need to see ourselves as chief executive officers. If we really want change, we have to be willing to bear the backlash. We're not always going to get it right, and that's OK. Real, substantive change takes time. The right answer keeps changing. But we have to try to do better."
Indeed...!
Way to go...