Expanding the Value Horizon: How Stakeholder Value Contributes to Competitive Advantage

Stakeholder value—based on the economic, environmental and social impacts a company has on its diverse constituents—is a rapidly growing source of business advantage. Taking advantage of this source, however, requires a change in the mindset of leadership and a disciplined approach to integrating stakeholder value throughout the business. This paper offers a practical approach to building competitive advantage by identifying and acting on stakeholder-related business risks and opportunities.