Premium
Connected capitalism: How business can tackle twenty‐first‐century challenges
Author(s) -
Isdell Neville
Publication year - 2009
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.20305
Subject(s) - capitalism , globe , front (military) , sustainability , business environment , business , economy , market economy , economics , political science , engineering , law , business administration , politics , mechanical engineering , medicine , ecology , biology , ophthalmology
The economic crisis that shook the world at the end of the first decade of the twenty‐first century is still reverberating and still being felt by businesses and countries in every corner of the globe. The future of capitalism is at stake and, as business leaders, we cannot stand by silently and let others decide the agenda for the role of business in the new century. This article sounds a warning and issues a challenge to global business leaders to speak up about their companies' contributions to the discussion surrounding the new shape of capitalism, to redesign their businesses to take into account the fast‐paced changing economic environment, and to connect their businesses to the communities in which they operate on the regulatory front, the values front, and the sustainability front. © 2010 Wiley Periodicals, Inc.