The Role of Business in Strengthening Democracy

TLDR Business leaders are actively engaging in efforts to support democracy by advocating for voting access, election integrity, and transparency in elections. They are reevaluating their engagement with the political system, setting minimum criteria, and supporting higher voter turnout to uphold democratic principles.

Timestamped Summary

00:00 Business plays a pivotal role in supporting democracy and has a responsibility to be part of making the system work.
04:23 Leadership Now Project was founded in 2017 to renew American democracy by engaging business leaders in fixing underlying problems and standing up for democracy.
08:45 Leadership Now Project actively supports efforts to ensure voting access, election integrity, and address issues like gerrymandering by partnering with various organizations and mobilizing business leaders to stand up for democracy.
12:52 Business leaders quickly issued a statement encouraging companies to withdraw contributions from those who supported the insurrection on January 6th, leading to a shift in engagement with the political system and a reevaluation of support for specific candidates.
17:12 Business needs to rethink its relationship with politics by setting minimum criteria, supporting voting rights, and aiming for higher voter turnout to strengthen democracy.
21:11 Transactional nature in politics can lead to detrimental outcomes, emphasizing the importance of hiring leaders who can make hard decisions and solve complex problems for the benefit of all citizens.
25:16 Defining what it means to be a principled leader in America, particularly for business leaders, is crucial in the current divisive climate to uphold core beliefs and support those committed to democratic principles.
29:48 Innovating and revitalizing democracy in the face of current challenges presents both a daunting task and an opportunity for business leaders to actively engage in protecting voting rights and promoting transparency in elections at both local and national levels.
33:51 Innovating accessible, secure, and legitimate voting systems, while avoiding legal battles, is crucial for the future of democracy.
Categories: Business

The Role of Business in Strengthening Democracy

Rapid Response: The business of democracy, w/Leadership Now's Daniella Ballou-Aares
by Masters of Scale

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