10 Things You Should Know about Stakeholder Capitalism cover image

10 Things You Should Know about Stakeholder Capitalism

Barry Wehmiller

Oct 10, 2020
CEO Bob Chapman of Barry Wehmiller shares how creating a culture of trust and care led to profitable growth through 110 acquisitions. Their approach prioritizes human development, resulting in major performance advantages. The transformation of workplace culture at Barry Wehmiller has led to increased employee well-being and fulfillment, as detailed in the book 'Everybody Matters'.
22:15

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Quick takeaways

  • Corporate culture can drive human development and wellbeing, leading to performance advantages.
  • Valuing employees as individuals and fostering a supportive workplace culture contributes to business success and employee fulfillment.

Deep dives

The Evolution of Barry Waymiller Company

Barry Waymiller, a 135-year-old company founded by Mr. Barry and Mr. Waymiller, faced challenges after Mr. Waymiller's death. Bob Chapman, the current CEO, shares his journey from being offered a job by Mr. Waymiller to eventually becoming the CEO in 1975. Chapman's transformation initiatives included playing games at work to boost morale and establishing guiding principles of leadership. He emphasized the importance of treating employees like family and ensuring they feel valued.

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