Can we rely on organisations to evolve from the capitalist ‘profit focused’ model to that of being socially and environmentally aware in sufficient time to save themselves and, more importantly, prevent adverse and irreversible impact on the world health and wellbeing?
I am hopeful, as it will be in their interests to do so.
Organisations will change because their stakeholders demand it and those organisations that do not listen or respond, will not thrive or they will cease to exist. Stakeholders such as Fund Managers, Social Entrepreneurs, Governments, Consumers, Media and Analysts and Employees are becoming more active and aware and they are increasingly starting to voice their opinion and act so as to ensure that, what influence they do have, they have an impact.
Stakeholder effectiveness will vary depending on the industry, organization type, structure of organisation, size, etc but thankfully stakeholder influenc…