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After Hours

Woke CEOs—the Backlash

After Hours

TED Audio Collective / Youngme Moon, Mihir Desai, & Felix Oberholzer-Gee

Hbr, Business/investing, Ideas, Mba, Economics, Professor, Business/management, News/business News, Management, News, Presents, Finance, Faculty, Harvard, Business

4.81.4K Ratings

🗓️ 22 March 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

In this episode, Felix, Mihir and Semafor’s Liz Hoffman debate the backlash against woke CEOs. Did America’s corporate leaders go too far when they embraced broad social and political goals? Does corporate activism ultimately undermine political action? What’s the cost of cutting business ties with corporations that are deemed too woke? Plus, we ask Liz Hoffman about her new book, Crash Landing: The Inside Story of How the World’s Biggest Companies Survived an Economy on the Brink.

Transcript

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0:00.0

I would like to tell you about a great new show from Ted called Fixable.

0:11.1

It's hosted by a colleague of mine, Harvard Business School Professor Francis Fry and

0:15.8

her wife, Leadership Coach Anne Morris.

0:19.1

On Fixable, they talk to listeners about workplace issues and give advice what's helped solve

0:24.5

these kinds of problems at some of the world's largest companies.

0:28.8

For Francis and Anne, no problem is too big or too small.

0:33.6

Find Fixable wherever you listen to podcasts.

0:38.8

Hello everyone, you're listening to After Hours.

0:49.5

I'm Felix.

0:50.5

I'm here.

0:51.5

And I'm Liz Hoffman, Business and Finance Editor at Semiflar.

0:54.8

Welcome Liz.

0:55.8

It's so good to have you.

0:56.8

Thank you for having me, I'm excited.

0:58.0

So Liz, you recently moved from the Wall Street Journal to Semiflar, a digital publisher.

1:04.3

What's that like?

1:05.6

Exactly, as you'd imagine.

1:07.7

I spent nine years at the Wall Street Journal and I loved it.

1:11.2

I learned so much and so much respect to the place.

1:13.9

But look, media is changing fast.

1:16.2

One thing we've seen, this is declining trust in institutions.

1:20.4

But an increase in trust and affinity for individuals and I think trying to get closer

...

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