Cover image for
Title:
Shapeholders : business success in the age of activism / Mark R. Kennedy.
Author:
Kennedy, Mark, 1957- author.
Publication Information:
New York : Columbia University Press, [2017]
Call Number:
HD60 .K48195 2017
Abstract:
"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. 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" --Inside jacket.
ISBN:
9780231180566
Physical Description:
xx, 281 pages : illustrations ; 24 cm.
General Note:
"Columbia Business School publishing."
Contents:
Introduction: From the heart of a businessman -- Who are the shapeholders? -- Shapeholders -- Social activists -- The media -- Politicians -- Regulators -- Seven steps to shapeholder success -- Align with a purpose -- Anticipate -- Assess -- Avert -- Acquiesce -- Advance common interests -- Assemble to win -- Pope Francis, a CEO worth emulating.
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