How to Cultivate a Corporate Strategy to Serve All Stakeholders

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How to Cultivate a Corporate Strategy to Serve All Stakeholders

It’s Time to Be More Than a Good Corporate Citizen

Put your company’s business to work for the greater good as well as your bottom line—and both will profit immensely

Customers, employees, and investors alike care about total societal impact (TSI)  – the aggregate of a company’s economic, social, and environmental effects on the world. TSI stands alongside total shareholder return (TSR) as a driver of corporate strategy.
The challenging issues of our times require business solutions. Because TSI drives the bottom line, companies that provide solutions to those challenges—profitably, innovatively, and responsibly—will ensure their own growth and longevity.
From CSR to TSI
TSI is a more fundamental and intrinsic commitment to sustainability than corporate social responsibility (CSR).
Read Full Article: How To Cultivate a Corporate Strategy To Serve All Stakeholders, Boston Consulting Group