Corporate leaders are fed up with being held responsible for gun regulation, feeling that they've done enough to push for change but still face resistance from lawmakers and the public.
A growing number of executives have become vocal on the issue of gun control, with nearly 150 major companies calling it a "public health crisis" in recent years. Companies like Tesla, Lyft, and Unilever have even gone so far as to demand legislation to address the issue. However, in the wake of a recent mass shooting at a school in Nashville, corporate America's silence is striking.
"It's like we're turning to them to be our saviors on every topic," says Yale professor Jeffrey Sonnenfeld, who has a direct line to major CEOs around the globe. Sonnenfeld argues that corporate leaders are not taking sufficient action to advocate for change, and instead are waiting for others to join them in the fight.
While CEOs have taken a strong stance on gun control, their efforts may be falling short due to lack of public support. In fact, many business leaders have reduced or stopped donating to politicians since 2020, suggesting that their influence is waning. The idea that CEOs hold significant sway over campaign contributions and are driving policy change is also largely unfounded.
Sonnenfeld believes that social capital – the value placed on social causes by executives – is just as valuable as financial capital when it comes to driving meaningful change. "They want there to be public trust, but they need the rest of civil society to join them," he explains.
As a result, corporate leaders are feeling frustrated and disheartened by the lack of progress on gun reform. However, this doesn't mean that their efforts have stopped – many are still actively working on these issues and continuing to push for change through other means.
In the meantime, Tesla's sales numbers offer a glimpse into the challenges faced by companies looking to capitalize on emerging trends in the market. Despite price cuts and strong demand, the company has struggled to keep up with production, producing 78,000 more cars than it sold over the last year alone. This highlights the complexities of driving change through business as usual, and underscores the need for a concerted effort from all stakeholders – including civil society, politicians, and individual consumers.
A growing number of executives have become vocal on the issue of gun control, with nearly 150 major companies calling it a "public health crisis" in recent years. Companies like Tesla, Lyft, and Unilever have even gone so far as to demand legislation to address the issue. However, in the wake of a recent mass shooting at a school in Nashville, corporate America's silence is striking.
"It's like we're turning to them to be our saviors on every topic," says Yale professor Jeffrey Sonnenfeld, who has a direct line to major CEOs around the globe. Sonnenfeld argues that corporate leaders are not taking sufficient action to advocate for change, and instead are waiting for others to join them in the fight.
While CEOs have taken a strong stance on gun control, their efforts may be falling short due to lack of public support. In fact, many business leaders have reduced or stopped donating to politicians since 2020, suggesting that their influence is waning. The idea that CEOs hold significant sway over campaign contributions and are driving policy change is also largely unfounded.
Sonnenfeld believes that social capital – the value placed on social causes by executives – is just as valuable as financial capital when it comes to driving meaningful change. "They want there to be public trust, but they need the rest of civil society to join them," he explains.
As a result, corporate leaders are feeling frustrated and disheartened by the lack of progress on gun reform. However, this doesn't mean that their efforts have stopped – many are still actively working on these issues and continuing to push for change through other means.
In the meantime, Tesla's sales numbers offer a glimpse into the challenges faced by companies looking to capitalize on emerging trends in the market. Despite price cuts and strong demand, the company has struggled to keep up with production, producing 78,000 more cars than it sold over the last year alone. This highlights the complexities of driving change through business as usual, and underscores the need for a concerted effort from all stakeholders – including civil society, politicians, and individual consumers.