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Conscious Capitalism Field Guide
book

Conscious Capitalism Field Guide

by Raj Sisodia, Timothy Henry, Thomas Eckschmidt
March 2018
Beginner content levelBeginner
432 pages
8h 28m
English
Harvard Business Review Press
Content preview from Conscious Capitalism Field Guide

Chapter 9

Identifying Your Stakeholders and Mapping Their Needs

Stakeholder orientation is fundamentally about a shift in how you think about your business: from a shorter-term, transactional approach to a systems and relationship model focused on creating greater long-term value among all stakeholders. PwC illustrates this transformation in figure 9-1. The critical shift is from thinking in terms of maximizing profit to focusing on maximizing value in the stakeholder system. This is a fundamental shift in focus and in mindset. By seeking to create maximum value in the system, the system itself is larger and therefore the share of that value, represented by profit, that comes to the shareholder is larger.

Figure 9-1: Profits maximization to ...

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Publisher Resources

ISBN: 9781633691711