CED’s Shareholder Versus Stakeholder Capitalism podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus.   In this discussion, CED President Dr. Lori Esposito Murray sits down with Mike Swinford, CEO of Numotion.   “The vast majority of good companies have historically always understood that long-term sustainability for shareholders requires responsibly focusing on stakeholders as well. I think the shift is how stakeholders are much more informed in real time, and I think with ubiquitous information at your fingertips in real time, there is much more transparency and a heightened awareness around stakeholders. That’s really becoming front and center.” – Mike Swinford, CEO of Numotion.

Sustaining Capitalism

CED’s Shareholder vs. Stakeholder Capitalism Series with Mike Swinford, CEO of Numotion

Economists from the Committee for Economic Development (CED) and The Conference Board Labor Markets Institute join forces to break down the monthly US Bureau of Labor Statistics jobs report and reveal the relevant policy implications for the future workforce.

US Labor Markets and Policy Implications: Focus on September 2021 Jobs Report

CED’s Shareholder Versus Stakeholder Capitalism podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Ramon Benet, the former Chief Executive Officer, Instrumentation Laboratory. He is also a CED Trustee. “I think that the discussion over shareholder- versus stakeholder-capitalism is certainly a fair one. But personally, I do not think that stakeholder capitalism is the way to go. I am of the opinion that customer-centered capitalism is the right reflection of the mission and purpose of a corporation.”– Ramon Benet, former Chief Executive Officer, Instrumentation Laboratory

CED’s Shareholder Vs Stakeholder Capitalism Series with Ramon Benet, the former Chief Executive Officer of Instrumentation Laboratory

CED’s Shareholder Versus Stakeholder Capitalism podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Peter Hahn, President & CEO, University of Michigan Health – West. He is also a CED Trustee. “Health care in general is a very capital-intensive, cash-intensive, labor-intensive business with fairly low margins, compared to other industries. So the absolute focus is on making sure our employees are engaged and really committed to the culture of the organization… suffice it to say, I think as a health care delivery system, we have always been about stakeholder value and the absolute importance of that.” – Peter Hahn, President & CEO, University of Michigan Health – West.

CED's Shareholder Vs Stakeholder Capitalism Series with Peter Hahn, President & CEO, University of Michigan Health – West

CED’s Shareholder Versus Stakeholder Capitalism podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Reece Kurtenbach, CEO of Daktronics, Inc., and a CED Trustee. “I think it’s a debate of how we manage conflict when one of the stakeholders might want something that pulls against what the others have at the top of their lists. I think in the recent past, there is a more vocal contention out there describing the priorities and the rights and trying to raise the visibility of some of the other stakeholders who haven’t been as visible or vocal in the past.” – Reece Kurtenbach, CEO of Daktronics, Inc.

CED’s Shareholder vs. Stakeholder Capitalism Series with Reece Kurtenbach of Daktronics, Inc.

CED’s Shareholder Versus Stakeholder Capitalism podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Tamara Lundgren, Chairman, President and Chief Executive Officer of Schnitzer Steel Industries, Inc., and a CED Trustee. “I’m not sure that any successful CEO was ever able to truly run a company for the long-term with a simplistic prioritization of shareholder interests as his or her sole management. I think that when you have all parts of the economy experience serious disruptive events, whether they are negative ones like a recession or pandemic, or positive ones, like industrial transformation or technological transitions, the focus naturally shifts to the long-term versus short-term shareholder returns.” – Tamara Lundgren, Chairman, President, and CEO of Schnitzer Steel Industries, Inc.

CED’s Shareholder vs Stakeholder Capitalism Series with Tamara Lundgren of Schnitzer Steel Industries, Inc.

CED’s Shareholder Versus Stakeholder podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Bob Moritz, the Chairman of PricewaterhouseCoopers International Limited, and a Trustee of The Conference Board. “CEOs not only have more and more stakeholders to engage with, but they have more opinions they have to try and satisfy. The challenge has not only become bigger, but also more complex.” – Bob Moritz, Chairman, PwC-I.

CED’s Shareholder vs Stakeholder Debate Series with Bob Moritz of PwC

CED’s Shareholder Versus Stakeholder podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Ravi Saligram, a CED Trustee and President & CEO of Newell Brands. “Shareholder value and stakeholder value are really inextricably intertwined, they’re not mutually exclusive. In fact, I would posit that shareholder value is a consequence of driving stakeholder value, because you really have to think about what’s best for your stakeholders in any company – without consumers and customers, if you’re not delighting them, you cease to exist.” – Ravi Saligram, President & CEO, Newell Brands  

CED's Shareholder vs Stakeholder Debate Series with Ravi Saligram of Newell Brands

The preparation of K-12 students for postsecondary success is a topic of serious concern for the U.S. education system as well as for employers as it relates to a future talent pool.  Joining us from the Cajon Valley Union School District in California are Superintendent Dr. David Miyashiro and Chief Innovation and Engagement Officer Ed Hidalgo to discuss the World of Work, an innovative and unique program initiative for students that has been underway in their schools for the past 5 years, as well as the business role in support of local K-12 education efforts.

Superintendent Dr. David Miyashiro and Chief Innovation and Engagement Officer Ed Hidalgo on Preparing Kids for the World of Work

CED’s Shareholder Versus Stakeholder podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus. In this discussion, CED President Dr. Lori Esposito Murray sits down with Beth Brooke, a current Trustee of The Conference Board, a former Trustee of CED, and former Global Vice Chair – Public Policy at EY.  “I’ve always thought that engaging and balancing stakeholder interests has always been critical. But as you alluded to, these stakeholder viewpoints are able to be heard much more loudly today – and I think the various stakeholders recognize that they have a voice and that it matters.” – Beth Brooke, former Global Vice Chair- Public Policy, EY

CED's Shareholder vs Stakeholder Debate Series with Beth Brooke of EY

CED’s Shareholder Versus Stakeholder podcast series consists of compelling conversation with CEOs about whether there is a shift towards stakeholder capitalism underway and the implications of the debate on the CEOs’ leadership roles within their companies and in society. The podcast series continues the roundtable discussions launched by The Conference Board for sitting C-suite executives to discuss the practical significance of the shift from a shareholder to stakeholder focus.  In this discussion, CED President Dr. Lori Esposito Murray sits down with Laura Berger, a CED Trustee and the founder of the Berdéo Group, an executive coaching firm.  “There hasn’t been a cheese-moving event like COVID in decades. Every stakeholder imaginable had different needs and wants and was reacting to all stimuli in new ways. And companies knew, in order to get this right, they had to focus on keep their top talent as happy and stable as possible during these unstable times. So they came calling, and we rose to the occasion.” – Laura Berger, Founder, Berdéo Group.

CED's Shareholder vs Stakeholder Debate Series with Laura Berger

The CED discussion series, Leadership in Challenging Times, interviews business leaders about the unprecedented challenges facing the nation and how they are helping chart a path forward for both their companies and communities in which they operate. In this interview with Lori Esposito Murray, President of the Committee of Economic Development of The Conference Board, Karen S. Lynch, President & CEO of CVS Health, talks about the COVID-19 vaccine rollout, the importance of easily accessible health care, leadership during a crisis, and more. “Pandemics don’t have a fixed end date, and the implications of COVID are still with us today, and I think they are in their infancy. I think we’ll see a major change in the way the world operates because of the pandemic, but I am confident that collectively, we’ll be able to rise to the occasion.”  – Karen S. Lynch, President & CEO of CVS Health

Leadership in Challenging Times with Karen S. Lynch

The CED discussion series, Leadership in Challenging Times, interviews business leaders about the unprecedented challenges facing the nation and how they are helping chart a path forward for both their companies and communities in which they operate.  In this interview with Lori Esposito Murray, President of the Committee of Economic Development of The Conference Board, Brian Moynihan, Chairman & CEO, Bank of America, talks about responding to the COVID-19 economic recession, the importance of corporate social responsibility programs, how capitalism can help advance environmental priorities, important leadership lessons, and more.  “If you look at the amount of money needed to make the fundamental changes that we have to make in the environment or human capital, it far exceeds the ability for any government to deal with it – they’re running big deficits and their money is pretty well accounted for. And it far exceeds charity contributions… So, who can do it? The big companies that align their whole business system against the goals that the world wants.”  – Brian Moynihan, Chairman & CEO, Bank of America

Leadership in Challenging Times with Brian Moynihan

US Labor Markets and Policy Implications: Focus on July 2021 Jobs Report

The CED discussion series, Leadership in Challenging Times, interviews business leaders about the unprecedented challenges facing the nation and how they are helping chart a path forward for both their companies and communities in which they operate. In this interview with Lori Esposito Murray, President of the Committee of Economic Development of The Conference Board, Noubar Afeyan, Founder & CEO of Flagship Pioneering and Co-Founder & Chairman of Moderna, talks about the development of the COVID-19 vaccine, the rapid acceleration of biotechnology, and how public/private partnerships can breed collaboration and innovation. “If you ask yourself, ‘How do you know it’s going to work?’ you don’t even try. But if you ask yourself, ‘What do I have to believe to believe it will work, and what are all the things I’m going to bring with me to make sure I can iterate and adapt and change?’ that’s the thinking behind how we develop our platforms.” – Noubar Afeyan, Founder & CEO of Flagship Pioneering and Co-Founder & Chairman of Moderna

Leadership in Challenging Times with Noubar Afeyan

What are the biggest issues facing the American economy and how can they be solved? The Committee for Economic Development presents policy solutions to economic and educational problems here in America. Tune in to hear industry experts making capitalism sustainable.

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Sustaining Capitalism

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