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How Does the Business Sector Rethink Purpose?

2 Articles
It feels like the world is falling apart -- how can big business help?

Putting Corporate Purpose Into Action

How should businesses respond to a world reeling from multiple catastrophic crises? Before the problems of 2020 hit, the Business Roundtable, composed of CEOs from America’s leading companies, redefined the purpose of a corporation. In August of 2019, they did away with a focus on shareholder primacy and instead committed to a free market economy that serves all Americans. It was a bold declaration that reverberated across the business world. With today’s situation, how have things changed? Joshua Bolten, president and CEO of the Business Roundtable, talks with Judy Samuelson, executive director of the Aspen Institute Business and Society Program. Watch a longer version of their conversation.

Corporate Leadership in Turbulent Times

We caught up with Lata Reddy, senior vice president of inclusive solutions at Prudential Financial and chair of the Prudential Foundation, to talk about how one of the oldest and largest US companies is facing structural racism head on, and what lessons can be learned from corporate leadership during turbulent times. Read our conversation here.

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