Polaris Volume 5 – Redefining Success Across Generations
October 1, 2019
The 2019 Polaris publication re-examines the purpose of capitalism. The call to Redefine Success in Business necessitates aligning purpose with profits and a shift from shareholder primacy to stakeholder capitalism. It demands that leaders and owners consider the impacts of companies on the wider society as the externalities that businesses impose are considerable and near impossible to mitigate as individuals. This is particularly significant in regions where political leaders are in denial of climate impacts and legal systems are a barrier to change.