Strategy Development - Stakeholder Capitalism

Shareholder value focuses on short-term earnings at the expense of long-term value creation, research shows that companies that cater to a wider set of stakeholders are the most successful. Here is a quote from a Harvard Business Review article - What Good Are Shareholders?:

Transient

Employees and customers often know more about and have more of a long-term commitment to a company than shareholders do

Shareholder value was a 20th century concept. Companies looking to refresh their strategy for the 21st century should be broadening their stakeholders in order to be successful.

Factoring in the needs of a varied set of stakeholders will help set the stage to create a strategy that better supports Mission, Values and Visions of your organization. 

stakeholder capitalism / shareholder value focuses on short-term earnings at the expense of long-term value creation, research shows that companies that cater to a wider set of stakeholders are the most successful.