Jumblethink

Rethinking ethics in business is more than a set of rules or a list of 'how to.' It's a philosophy that refocuses the value you place in stakeholders instead of just the shareholders. In 1984, Dr. Edward Freeman originally detailed the Stakeholder Theory of organizational management and business ethics that addresses morals and values in managing an organization. Stakeholder Theory is a view of capitalism that stresses the interconnected relationships between a business and its customers, suppliers, employees, investors, communities and others who have a stake in the organization. The theory argues that a firm should create value for all stakeholders, not just shareholders.In today's episode, we sit down with Dr. Freeman to dive deep into this philosophy of business, talk about his new book 'The Power of And' and the new documentary 'Fishing with Dynamite.' Ed Freeman's Website: https://redwardfreeman.comFishing with Dynamite Documentary: https://www.darden.virginia.edu/ibis/fishing-with-dynamiteToday's e