Climate change, racial injustice, workplace inequality, lack of
equal economic opportunity, unequal access to capital, and a general sense of
divisiveness are among the growing threats to the success of capitalism,
which in turn threatens the prosperity of both business and society. The
expectation from stakeholders—customers, employees, shareholders, and
society—is for business leaders to take action to address these challenges.
To that end, a new two-part report from The Conference Board offers insights
for business leaders for confronting inequity and injustice in society and in
their businesses.
In March of 2021, The Conference Board convened corporate executives across
the business landscape in a virtual conference, Building a More Civil & Just Society: Organizational
Impact on Social Change Issues, to explore the steps they
were taking to drive lasting change in their own firms, communities, and
society.
The resulting report draws on those shared lessons and perspectives. It
argues that leaders have both a moral obligation and a business imperative to
address these threats. It is not about politics, partisan preferences, or
altruism; it is about sustainable business growth, workforce engagement and
productivity, customer loyalty, competitive advantage, and most importantly,
providing prosperity for all Americans. This starts with the creation of
equal opportunities in education, upward mobility, wealth creation, and
advancement in the workplace.
Explore the insights from Lessons from Leaders for Leaders: Organizational Impact
and Social Change Issues and Lessons from Leaders for Leaders: Innovative People
Approaches to Social Change.
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