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Great Strategy Looks Beyond Traditional Stakeholders

August 2, 2021 | B. Tom Hunsaker, Jonathan Knowles, Russell Baris, and Richard Ettenson | Strategy

In traditional shareholder capitalism, the only stakeholders that have mattered are investors, as the providers of financial capital, and customers, as the source of revenue. But great strategy recognizes the significance of other valuable stakeholders. The authors highlight the successes that a range of companies have achieved by addressing the needs of employees, business partners, and local communities as well.

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