Like many firms, Rio Tinto, the world’s second largest mining company, expresses solidarity with its stakeholders in strong terms. Here’s its annual report:
Summary.
At the root of many corporate scandals is a story of incentives that don’t correspond to corporate rhetoric. Companies need to make sure that they have KPIs tracking how well the company is meeting the expectations of all the stakeholders it claims to recognize, not just shareholders and (sometimes) customers.
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HBR Learning
Strategic Thinking Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Strategic Thinking. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Make thinking on a bigger scale second nature.