Tech

CEO Brian Chesky says Airbnb stopped being a ‘hands-off’ platform earlier than other tech companies because customers got ‘physically hurt’

Airbnb ditched “hands-off” moderation earlier than rivals, CEO Brian Chesky told Bloomberg Thursday. The company addressed issues more quickly because customers got “physically hurt,” Chesky said. Chesky also explained why Airbnb has responded more strongly to racism and the Capitol attacks. Visit Business Insider’s homepage for more stories. Airbnb CEO […]
CEO Brian Chesky says Airbnb stopped being a ‘hands-off’ platform earlier than other tech companies because customers got ‘physically hurt’
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World Economic Forum chief Klaus Schwab: What Biden means for capitalism, how the pandemic has changed the CEO job, and what the workforce of the future will look like

Insider spoke with Klaus Schwab, founder and executive director of the World Economic Forum and author of the book “Stakeholder Capitalism.” Schwab said a Biden-Harris administration is the “final boost” for the world economy to stakeholder capitalism. Stakeholder capitalism is the economic idea that a company’s purpose is to benefit […]
World Economic Forum chief Klaus Schwab: What Biden means for capitalism, how the pandemic has changed the CEO job, and what the workforce of the future will look like
Tech

PayPal CEO Dan Schulman shares the lesson Richard Branson taught him about leading a company — and why he thinks more companies need to adopt it

There’s been robust debate over the purpose of a company, and whether CEOs should embrace stakeholder capitalism, the idea that a company exists to serve all its stakeholders. While discussing this topic, Virgin Group founder and business magnate Richard Branson once told PayPal CEO Dan Schulman that the most important […]
PayPal CEO Dan Schulman shares the lesson Richard Branson taught him about leading a company — and why he thinks more companies need to adopt it
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Microsoft CEO Satya Nadella calls for a ‘referendum on capitalism’

Microsoft CEO Satya Nadella said Wednesday it was time for a “referendum on capitalism.” Companies should grade themselves on the jobs they create and the benefits they bring about for society, rather than just their profits, he said. “We all have to recognise what is that social core purpose of […]
Microsoft CEO Satya Nadella calls for a ‘referendum on capitalism’
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‘We’ve misdrawn the battle lines of capitalism:’ A founding member of Bain’s social impact fund shares what really needs to be done to make stakeholder capitalism work

Stakeholder capitalism, the idea that a company’s purpose is to benefit all its stakeholders, became the reigning economic theory in 2019 after 181 CEOs extolled the idea in an open letter titled a “Statement on the Purpose of a Corporation”. But the pandemic put stakeholder capitalism to the test, and […]
‘We’ve misdrawn the battle lines of capitalism:’ A founding member of Bain’s social impact fund shares what really needs to be done to make stakeholder capitalism work
News

‘Lean Startup’ guru Eric Ries just launched a new stock exchange that values companies based on principles like employee wellbeing, diversity, and inclusion. Take a look at how it works.

Entrepreneur Eric Ries launched a new stock exchange Wednesday aimed at promoting a longer-term approach to company growth rather than the current quarterly cycle by which most companies report. It’s aptly called the Long-Term Stock Exchange, is based in San Francisco, and is designed to help business leaders escape from […]
‘Lean Startup’ guru Eric Ries just launched a new stock exchange that values companies based on principles like employee wellbeing, diversity, and inclusion. Take a look at how it works.
News

A year after 181 CEOs of companies like Apple and Walmart committed to stakeholder capitalism, Americans think leaders are doing a better job of supporting workers. But there’s still more to be done.

One year ago, 181 CEOs including the likes of Apple’s Tim Cook and JP Morgan’s Jamie Dimon, signed a letter espousing stakeholder capitalism. Stakeholder capitalism is the belief that companies exist to benefit not just their shareholders, but their workers, customers, and the environment. The Harris Poll and independent research […]
A year after 181 CEOs of companies like Apple and Walmart committed to stakeholder capitalism, Americans think leaders are doing a better job of supporting workers. But there’s still more to be done.