Brian is the Chair of the Board and CEO of Bank of America, one of the world’s largest financial institutions. In this episode of the New Human Movement, Gary and Michele talk to Brian about the key metrics we should use to hold companies accountable for their social impact, and how to build an organization that infuses dignity and opportunity in every job.
▬ Episode Chapters ▬▬▬▬▬▬▬▬▬▬▬▬▬
0:00 Intro
1:40 Addressing the crisis in capitalism
7:29 Holding companies accountable for real progress through metrics
12:02 The historical roots of stakeholder capitalism
15:08 Brian's work on developing metrics for "governance, planet, people, and prosperity"
27:28 Building a "company of opportunity" for employees
36:18 Giving people the skills and tools to act like owners
40:07 Hiring people for a career, not simply a job
49:46 Increasing initiative and agility by shrinking management and bureaucracy
▬ Episode Links ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Measuring Stakeholder Capitalism (World Economic Forum report): www.weforum.org/reports/measuring-stakeholder-capi…
"In stakeholder capitalism, good metrics will keep corporate people honest" (Fortune): fortune.com/2021/01/27/stakeholder-capitalism-metr…
Stakeholder Capitalism Metrics (World Economic Forum video) • Stakeholder Capitalism Metrics: Commo...
Peter Drucker, "The Coming of the New Organization" (Harvard Business Review): hbr.org/1988/01/the-coming-of-the-new-organization
The New Human Movement