CLAIM: adopting stakeholderism is the most ideal and feasible approach for public corporations to strive for in the 21st century.
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.
Increased Employee Engagement and Productivity
Increased funding in Training employees to adapt to the new age of technological advancements
By involving employees in decision-making processes and considering their perspectives, stakeholderism fosters a sense of inclusion and value.
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.
Long-Term Value Creation
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.
“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.”
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