Corporate leaders are fed up with being held accountable for gun control reform after the latest mass shooting in Nashville left Americans stunned and confused.
For years, CEOs from major companies have been vocal on the issue of gun control, joining forces to push for legislation that addresses the public health crisis. However, after the latest school shooting, an eerie silence has fallen over corporate America, with many giants choosing not to speak out on the matter.
Jeffrey Sonnenfeld, a Yale professor and expert on CEO leadership, believes that top executives are exhausted from trying to drive change through their efforts alone. "They've taken a very strong stance and they've gone out further than the general public," he said. "But they need the rest of civil society to join them. And that's their frustration."
Sonnenfeld attributes the growing reliance on CEOs as advocates for social change to a lack of engagement from other sectors of society, including students, clergy, and community activists. He argues that while CEOs are powerful, it's not fair to expect them to be the only ones advocating for change.
The professor also notes that despite their influence in terms of campaign contributions, big business is actually giving less money to politicians since the 2020 elections. The notion that CEOs control purse strings is "100% wrong," Sonnenfeld said.
Meanwhile, Tesla reported a modest 4% increase in sales in the first quarter compared to the previous year, but despite price cuts and talk of strong demand from CEO Elon Musk, the company still produced more vehicles than it delivered to customers for the fourth consecutive quarter.
The disparity between production and sales suggests that the "strong demand" claims may be overblown. However, Tom Zhu, Tesla's executive in charge of global production and sales, attributes the initial surge in demand after a price adjustment to the company's ability to generate huge interest despite its limitations.
In contrast to Sonnenfeld's views on CEO leadership, Zhu seems confident that as long as Tesla offers a product with value at an affordable price, it can worry less about demand.
For years, CEOs from major companies have been vocal on the issue of gun control, joining forces to push for legislation that addresses the public health crisis. However, after the latest school shooting, an eerie silence has fallen over corporate America, with many giants choosing not to speak out on the matter.
Jeffrey Sonnenfeld, a Yale professor and expert on CEO leadership, believes that top executives are exhausted from trying to drive change through their efforts alone. "They've taken a very strong stance and they've gone out further than the general public," he said. "But they need the rest of civil society to join them. And that's their frustration."
Sonnenfeld attributes the growing reliance on CEOs as advocates for social change to a lack of engagement from other sectors of society, including students, clergy, and community activists. He argues that while CEOs are powerful, it's not fair to expect them to be the only ones advocating for change.
The professor also notes that despite their influence in terms of campaign contributions, big business is actually giving less money to politicians since the 2020 elections. The notion that CEOs control purse strings is "100% wrong," Sonnenfeld said.
Meanwhile, Tesla reported a modest 4% increase in sales in the first quarter compared to the previous year, but despite price cuts and talk of strong demand from CEO Elon Musk, the company still produced more vehicles than it delivered to customers for the fourth consecutive quarter.
The disparity between production and sales suggests that the "strong demand" claims may be overblown. However, Tom Zhu, Tesla's executive in charge of global production and sales, attributes the initial surge in demand after a price adjustment to the company's ability to generate huge interest despite its limitations.
In contrast to Sonnenfeld's views on CEO leadership, Zhu seems confident that as long as Tesla offers a product with value at an affordable price, it can worry less about demand.