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HBR IdeaCast

When Should Companies Weigh in on Contentious Issues?

Feb 13, 2024
Explore the expectations of organizations to address sociopolitical issues, including the challenges faced and consequences of remaining silent. Discover strategies to navigate corporate advocacy by involving employees and stakeholders in decision-making processes. Learn how organizational leaders can effectively handle contentious issues by prioritizing actionable problems and addressing internal challenges before engaging in dialogue.
29:43

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Quick takeaways

  • Including employees in decision-making processes is crucial for ethical decision-making in corporations.
  • The rise of social media has forced companies into more interactive and fraught relationships with their stakeholders.

Deep dives

The Rise of Social Media and Stakeholder Capitalism

The rise of social media has forced companies into more interactive and fraught relationships with their stakeholders. Stakeholder capitalism has emerged as businesses are seen as more powerful and responsive than governments in solving issues like climate change and inequality. Young people expect organizations to adapt to their needs and values, leading to a complex and challenging landscape.

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