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Federal Managers Association

In the News

  • Thursday, July 02, 2020
  • It’s Time for ‘Stakeholder Public Service’ - July 2, 2020
  • By Howard Risher, Government Executive

    A new management philosophy, stakeholder capitalism, has emerged in the private sector and has been endorsed by a growing list of corporate leaders and business groups. Proponents argue corporations should serve the interests of all their stakeholders, including customers, suppliers, employees, shareholders and local communities. Under this system, a company's purpose is to create long-term value and not to maximize profits at the cost of other stakeholder groups.

    To read the full story, click here.