Accenture CEO Says They Answer to All Stakeholders

The transcript discusses the role of CEOs and companies like Accenture in taking positions on public policy issues, such as voter rights and pay equality. It emphasizes the importance of relevance and commitment to action. The discussion also covers the shift from focusing solely on shareholders to considering a broader range of stakeholders, including employees, clients, and communities, as a means to create shareholder value.

What is a key factor for a company like Accenture when deciding to take a position on public policy issues?

• The stance of competitors

• The potential for media coverage

• Relevance to the business and commitment to action

• The popularity of the issue

What example is given to illustrate Accenture's commitment to public policy issues?

• Data privacy

• Corporate tax policies

• Environmental sustainability

• Pay equality

How has the role of CEOs evolved in terms of stakeholder focus?

• CEOs now only focus on increasing profits

• CEOs are encouraged to consider a wider range of stakeholders

• CEOs are advised to ignore community concerns

• CEOs should focus solely on employee satisfaction

Which stakeholders does Accenture consider important for its business?

• Only employees and customers

• Only shareholders

• Only clients and partners

• Employees, clients, partners, shareholders, and communities

Why does Accenture believe that considering a broad range of stakeholders is beneficial?

• It simplifies decision-making processes

• It reduces the need for marketing

• It creates shareholder value and is good for business

• It increases short-term profits