This Forbes article, “The New Mandate for Business: Make a Profit, Solve Social Problems,” highlights the growing expectation for business leaders to address social issues while maintaining profitability. It emphasizes the importance of engaging with economic, environmental, and social policies to ensure stability and long-term success.
Leadership Now CEO Daniella Ballou-Aares reinforces this point, stating, “CEOs who avoid engaging with democracy-related issues risk undermining the stability that enables businesses to thrive.” Her quote underscores the vital connection between corporate action, democratic stability, and business success.
This article provides insights and examples of how businesses can strategically align purpose with profitability.