
HBR IdeaCast
When Should Companies Weigh in on Contentious Issues?
Feb 13, 2024
In this insightful discussion, Alison Taylor, a Clinical Associate Professor at NYU and author of "Higher Ground," explores how businesses should navigate social and political issues. She emphasizes the importance of aligning corporate messages with actions to avoid backlash. Taylor argues for involving employees in the decision-making process, especially in today's polarized climate. With real-world examples, she highlights the influence of Gen Z in shaping corporate accountability and the necessity of authentic engagement in a turbulent era.
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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