TED: How businesses can serve everyone, not just shareholders | Dame Vivian Hunt

What is the primary challenge in transitioning to stakeholder capitalism, as compared to parenting?

• Balancing the needs of multiple stakeholders

• Increasing shareholder profits

• Reducing employee wages

• Focusing solely on environmental issues

What is the main goal of stakeholder capitalism?

• Reducing operational costs

• Serving the needs of all stakeholders

• Focusing solely on environmental sustainability

• Maximizing shareholder returns

Why is it important for corporate boards to have diverse representation?

• To increase company profits

• To better represent the diversity of stakeholders

• To reduce operational costs

• To comply with legal requirements

What lesson can corporate boards learn from the nonprofit world?

• How to reduce employee benefits

• How to focus on short-term goals

• How to increase profits

• How to represent diverse stakeholder interests

What is a key strategy for achieving environmental sustainability in businesses?

• Ignoring stakeholder input

• Establishing concrete, measurable goals

• Focusing only on internal emissions

• Setting long-term, vague goals

Why is it important for companies to share data and progress on sustainability goals?

• To demonstrate accountability and progress

• To increase shareholder profits

• To reduce operational costs

• To hide their environmental impact

How did BHP Billiton engage its suppliers to address gender imbalance?

• By ignoring supplier diversity

• By increasing supplier fees

• By providing training and technology

• By reducing supplier contracts

What role do suppliers play in a company's success?

• They are irrelevant to business operations

• They are crucial for scaling and survival

• They only matter during crises

• They are solely responsible for product quality

What is a potential risk when companies focus on short-term customer desires?

• Improved product quality

• Increased long-term customer loyalty

• Higher short-term profits

• Neglecting long-term customer needs

How can companies align with government health initiatives?

• By reducing product variety

• By proactively investing in healthier products

• By focusing on short-term profits

• By ignoring nutrition labeling