In recent years, the notion of conscious capitalism has emerged as an important alternative strategy to the problems facing American capitalism. Embraced by a number of corporations and leading business leaders, it represents a fresh strategy for reconciling social, business, and environmental aims.
We consider the assumptions that underlie it suffer from several significant limitations which make it unlikely for the movement to achieve the challenging guarantees of its proponents, while this movement is an inspiring one and worthy of admiration. In fact, it is generally hard to do well by doing good, and few firms have been able to maintain societal functionality that is outstanding over the long term.
Also, accommodating the interests of all of the company's stakeholders is frequently hard to achieve in practice. Most significant, the adherents of capitalism that is conscious overlook the crucial role that governments must play in accommodating corporate interests with broader public aims.
Two and a Half Cheers for Conscious Capitalism Case Study Solution
PUBLICATION DATE: May 01, 2011 PRODUCT #: CMR484-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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