4.5 • 928 Ratings
🗓️ 5 May 2018
⏱️ 24 minutes
🧾️ Download transcript
One of the earliest articulations of what we now call the "stakeholder theory" in business management comes from author and academic Ed Freeman. This delightful conversation from the floor of the Conscious Capitalism 2018 Conference in Dallas, TX will leave you loving business, hating chickens, and looking forward to the next generation of leaders.
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0:00.0 | It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner. |
0:07.0 | All right, welcome back to Rule Breaker Investing. |
0:12.0 | My weekend homies, my extra fans. |
0:15.1 | I'm absolutely delighted that you're joining with me |
0:17.8 | and with Ed Freeman, a good friend of the Motley Fool. |
0:20.4 | Ed first came up to the Motley Fool, |
0:21.8 | probably about eight or nine years ago, gave a free |
0:24.2 | talk to our employees about stakeholder theory and conscious capitalism. Ed Freeman is a university |
0:29.4 | professor of business administration at the University of Virginia's Darden School of Business. |
0:34.3 | As I mentioned at the end of this week's podcast a few days ago, he's the nation's foremost scholar |
0:39.7 | on stakeholder theory and business ethics. Now the phrase stakeholder theory that |
0:44.3 | might not have a lot of sex appeal for a lot of us. I'm thinking that might sound |
0:47.8 | like other theories this kind of dull slightly amorphous, abstract thing, |
0:53.2 | but it's not at all. |
0:54.2 | You're going to find out for my conversation with Ed. |
0:57.0 | His lucid thinking about how to align the humanity |
1:00.3 | that comes from every corner that makes a business happen on a daily basis. |
1:04.4 | From your leadership and your employees right through to your partners and suppliers and shareholders |
1:08.9 | at the end, your customers of course, lining them all up is something that Ed Freeman from his early work |
1:15.2 | coming out of others work in the 60s and 70s began first articulate in the 80s and |
1:20.0 | now a few decades later he is our nation's foremost scholar on the topic. |
1:24.4 | I know you're going to enjoy this because you're going to get to hear about Ed's hero, |
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