Stakeholder Capitalism

topic on 2 shows · 2 statements across 2 episodes

the Knowledge Project Masters of Scale

2 statements about Stakeholder Capitalism, every show

Mackey: Maximizing shareholder value requires optimizing the entire stakeholder system
“If you cheat any of your constituencies, any of your stakeholders, or try to sell them short, you can get away with it in the short term. In the long run, feedback loops are created, and your business sub-optimizes. So, I just realized to create the most value…”
John Mackey Jun 11, 2024 ▶ 31:37 Whole Foods' John Mackey: Scaling a single store into a $13.7 BILLION business | Masters of Scale
McLean: Fake corporate altruism is almost worse than single-minded profiteering
“That belief that a company has a broader purpose can become a cover, an excuse for a lot of bad behavior too, right? Because fake altruism is almost worse than single-minded profiteering, right?”
Bethany McLean Jun 9, 2020 ▶ 21:36 #85 Bethany McLean: Crafting a Narrative

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