This is the ninth part of a series that is adapted from Michael Sheen’s book “The Investment Checklist”.
We now look at the questions to ask when digging into how management operates the business daily.
This section is also fairly long and will be split into two parts.
Please click on the links below to access the first eight parts of this series.
Part 1 – please click HERE.
Part 2 – please click HERE.
Part 3 – please click HERE.
Part 4 – please click HERE.
Part 5 – please click HERE.
Part 6 – please click HERE.
Part 7 – please click HERE.
Part 8 – please click HERE.
39. Does the CEO manage the business to benefit all stakeholders?
Most CEOs run the business to please the company’s shareholders, but neglect to consider other stakeholders who may also be key to the organisation’s success.
John Mackey, co-founder and CEO of Whole Foods Market, has coined the term “conscious capitalism” to describe businesses that seek to benefit all stakeholders (i.e. customers, shareholders, suppliers and employees)....