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Putting the Business Roundtable’s Bold New Vision into Action

August 20, 2019

Now more than ever, companies need to invest in their employees. Not only by compensating them fairly and providing key benefits, but by training them properly for a rapidly changing world of work. It’s no longer “nice” to be a company that thinks beyond the bottom line – it’s a business imperative.

Yesterday represented a major milestone in corporate America’s recognition of that imperative, as 181 of our nation’s leading CEOs made a commitment to reshape the very definition of business success. These CEOs – whose companies collectively employ millions of Americans -are publicly recognizing that employees must be compensated fairly, supported with training and education that helps them “develop new skills for a rapidly changing world,” welcomed into working environments that foster diversity and inclusion, and treated with “dignity and respect.”  

 In the Business Roundtable’s Statement on the Purpose of a Corporation, those 181 CEOs declared that they will lead their companies in a way that creates value for “all stakeholders—customers, employees, suppliers, communities and shareholders.” We applaud this bold statement, and we’re pleased to see a real emphasis on employee well-being. 

Those words are the first step. Now it’s time to back them up with meaningful action.

We commend the Business Roundtable and these leading CEOs for their bold statement. Now, let’s turn this consensus into the kind of action that creates real impact for American workers.

JFF President and CEO Maria Flynn

At JFF, we have the resources, networks, and tools to help corporate leaders take that meaningful action. 

With support from JPMorgan Chase, we developed the Corporate Action Platform, a resource for a new breed of companies that places employee well-being and advancement at the forefront, right alongside traditional business returns. The Corporate Action Platform connects corporate leaders to curated content and resources, meetings and events where they will be inspired to take action, and a network through which they can join forces with like-minded peers who remind them they’re part of a broader movement.

We commend the Business Roundtable and these leading CEOs for their bold statement. Now, let’s turn this consensus into the kind of action that creates real impact for American workers.

Together, we can build a world where every company does well—not only by its bottom line, but also by its people and its community. Are you with us? Learn more about JFF’s Corporate Action Platform and join us in this work.