Dame Vivian Hunt : How businesses can serve everyone, not just shareholders

Dame Vivian Hunt·TED2020

How businesses can serve everyone, not just shareholders

Summary 

Shareholders mean owners of shares in a company. 

Stakeholders mean all the members or participants who are seen as having an interest in their business.

The speaker tells us that in the past, businesses were done for only shareholders, though it’s changing. Now, it should serve all stakeholders. It should be each other’s harvest, business, magnitude, and bond. 

For example, some companies started to produce more healthy food. It reduces volume, calories, and sugar. Other companies try to reduce CO2 emissions, clean rivers, mountains, seas, and sky. From now, businesses should be done not only for shareholders but for the health and welfare of employees, suppliers, even planet Earth. It’s not in a crisis but every day.