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“Stakeholder capitalism” encourages companies to be run for the benefit of all stakeholders, including customers, suppliers, employees, investors and communities. But what is a CEO to do when different stakeholders have different priorities?
In today’s world, different stakeholders demand attention for the environment, racial injustice, and political issues, while expecting you to still run a profitable company.
For Biblically grounded businesses, another important factor to start with is asking yourself, “How would God desire you to respond and prioritize all the different demands?” After all, He is your primary stakeholder.
In Matthew 6:33, Jesus taught, “But seek first his kingdom and his righteousness, and all these things will be given to you as well.”
Be sensitive to the needs of all stakeholders, but begin with the ultimate stakeholder, God, our Father.
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