At Microsoft, Stakeholder Capitalism Generates Astonishing Growth

At Microsoft, Stakeholder Capitalism Generates Astonishing Growth

BELLEVUE, WA - DECEMBER 3: Microsoft CEO Satya Nadella addresses shareholders during Microsoft ... [+] Shareholders Meeting December 3, 2014 in Bellevue, Washington. The meeting was the first for Nadella as CEO. (Photo by Stephen Brashear/Getty Images) Entrepreneurship has been at the core of the American Dream. Every pioneer was an entrepreneur, risking life and limb to create a new life based on nothing but individual initiative. Millions of men and women are pioneers today, creating new services and products, creating income as individual contributors, inventing new ways to get things done. Innovative enterprise used to be the rule for both private and public sectors. Setting foot on the moon was an entrepreneurial triumph, marrying private invention with a public mission half a century ago. The Apollo mission was a beacon for the world. Any organization can adopt the same spirit of purposeful discovery. In any organization with visionary leadership, each employee, down to the custodian in a hospital, acts as an entrepreneur, generating fresh ways to delight those the organization serves. Before the pandemic, the U. S. economy was churning out new jobs. Two-thirds of those jobs sprang up in small businesses. Entrepreneurial gumption was and is still alive