The GaryVee Audio Experience On a Search for the Soul of Business w/ Alan Murray
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Nov 9, 2022 Alan Murray, a lifelong journalist and CEO of Fortune Media, dives into his book 'Tomorrow's Capitalist', exploring how today's CEOs are shifting focus from profit to societal impact. He discusses the importance of empathy in leadership and the need for emotional intelligence in navigating business dynamics. The conversation touches on corporate responsibility, especially in climate action and diversity, and how companies are adapting to generational expectations amidst economic challenges. Murray emphasizes a balanced approach in a divided political landscape.
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Shifting Value in Business
- The value of Fortune 500 companies has shifted from tangible assets to intangibles.
- This shift emphasizes the importance of human capital, like employees and customer relationships.
Empathy in Leadership
- Marriott CEO Arne Sorenson's video message to employees during the pandemic exemplified empathy.
- Despite furloughing employees, his transparency and vulnerability resonated deeply.
Social Responsibility as a Business Imperative
- Social responsibility has become a business imperative, driven by factors like climate change and talent acquisition.
- Companies like Maersk and GM have made significant commitments to sustainability and diversity.
