An Inflection Point for Stakeholder Capitalism.

• Author: Burchman, Seymour
• Position: Top Articles on www.DirectorsAndBoards.com

From the Business Roundtable to BlackRock, there's growing pressure on companies to respect all major stakeholders--employees, customers, suppliers and local communities, as well as investors. Meanwhile, a variety of innovations are effectively making these stakeholders central to long-term company success. Digital technologies, new ways of organizing work and transactions, and the shift to the service economy have forced businesses to prioritize the interests of all stakeholders--adding significant opportunities and risks.

As a result, unless the company's survival is in question, stakeholder-centricity...