From Stakeholders to Shareholders: The Corporate Shift

This chapter investigates the transition in corporate America from a stakeholder-focused model to a shareholder value-driven approach, emphasizing its impact on employees and company ethics. It explores the historical context of this shift, particularly during the economic turmoil of the late 20th century, and discusses the ramifications of corporate layoffs and changing job security. The conversation critiques the ideologies surrounding job loss and the narratives promoted by change management consultants, offering insights into the motivational industry's paradox amidst economic challenges.