"Business, by the way": Trump, Clinton and (ir)responsible business
Author: Annabel Short, Deputy Director, Business & Human Rights Resource Centre, Published on: 14 October 2016
The response of US Presidential candidate Donald Trump’s campaign to the latest sexual harassment allegations includes the following: “It is absurd to think that one of the most recognizable business leaders on the planet with a strong record of empowering women in his companies would do the things alleged in this story”. Amid the reports of abuse that seem to have tipped the campaign into spiraling decline, it’s important to remember that Trump’s support has ridden, in large part, on the image he sells of himself as a successful businessman.
Looking beyond the election business leaders will face a crossroads. Will they pursue a winner-takes-all approach? One epitomized by Trump, and also reflected in the type of business model that has led to this week’s resignation of the Wells Fargo CEO John Stumpf, after employees striving to meet targets opened about 2 million accounts for customers who had never asked for them. Or will they grasp the opportunity to forge a more responsible and inclusive approach to their business?...