1. As a responsible leader, Yvon Chouinard made sure that he sets a good example to other people. He was an elite rock climber who started his career during the 1950s, but he did not only do it for the sake of the sport. He made sure that he was able to impart for the betterment of the environment. He was a leader who leads with passion, for example, his love for rock climbing made him establish the Patagonia Company that sell climbing shirts and apparels. He was not only a good leader to rock climbing enthusiast, but also ...
Essays on Benefit Corporation
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Stakeholder Prioritization
Stakeholder analysis and effective management of the different, often conflicting interest is critical to the ultimate success or even success of the business. Through the engagement of the right stakeholders, it is possible to ensure that the resources are allocated properly, and to the advantage of the company. Once the stakeholder analysis, the business must set priorities among them, which would in turn form the basis for resource allocation. Every business has many interested parties that are affected in some way by the firm’s decisions, its results and the implementation. Among other things, it influences the corporate social ...
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