The August 19th Business Roundtable news sparked an enormous amount of press–181 CEOs of the Business Roundtable signed a new statement of purpose for the corporation. These CEOs committed to lead their companies for the benefit of all stakeholders–customers, employees, suppliers, communities and shareholders, not just owners alone.  

This is a positive step. It was bold and unexpected. But it was considered lip service by many. And it was alarming to some. 

If you listen to one commencement speech this year, I recommend Yo-Yo Ma’s address to Dartmouth graduates on June 9thin Hanover, NH. Drawing on his artistry and musical talents, he did not disappoint. And he had a clear call to action for graduates that is a good reminder to us all.

“My students are on fire.” 

This from Rebecca Henderson, economist and professor with Harvard Business School. Henderson was referring to MBA students in her course, “Reimagining Capitalism.” Enrollment for the course has grown exponentially in recent years, as students search for a more purpose-driven and positive approach to business.