April 10, 2020

Alex Edmans: The Choice Between People & Profits Is A False Dichotomy

The Time To Make Employees As Important As Shareholders Is Now!

For decades, businesses have deferred to the interests of shareholders above and beyond the interests of all other stakeholders -- most especially employees. And according to London Business School finance professor, Alex Edmans, shareholders have long been conditioned to believe that the value any company produces is a fixed pie – and so the only way for them to retain the largest slice of the pie is to ensure the size of the pie all other stakeholders get remains small.  This mindset has meant that shareholders see every dollar spent on workers as dollars taken away from them.

But in his new, inspiring & wonderfully researched book, “Grow The Pie, How Great Companies Deliver Both Purpose And Profit,” Edmans introduces a far more enlightened, innovative & remarkably timely mindset – the idea that the size of company pies are not fixed after all.  “And when all members of organizations work together, bound by a common purpose and focused on the long term, they actually create shared value in a way that enlarges the slices of everyone – shareholders, workers, customers, suppliers, the environment, communities and taxpayers.”

As you’ll hear, Alex is an extraordinarily quick thinker in addition to being a highly energetic speaker. He's a former Fulbright scholar & is one of the youngest professors ever to become tenured at the Wharton Business School. He's spoken at Davos and on the TED stage. He's launching his new book on our podcast.

If you want the most current insight into the future of workplace leadership, prepare to be wowed, informed & amazed!  There's simply no overstatement in this!

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