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November 11, 2020

Regina Ryan

Elevated Economics: The Societal Shifts Forcing Business to Change

In This Episode:

We are in the midst of monumental change. Consumers have already become more conscious of environmental, social, and governmental issues. As greater importance is given to businesses that do good, we are witnessing a massive $68 trillion transfer of wealth to future generations. Businesses, investors, employers and politicians will have no choice but to adapt. In this episode, Richard Steel, CEO of Parsec Ventures, discusses what these shifts are and what implications they have.

Richard Steel is an entrepreneur, investor, author and business consultant. He has run private and public companies, served on nonprofit boards and advised the White House Business Council. Richard is an alumnus of Harvard Business School's Owner/President Management program. He is an advisor to large and mid-size companies, governments, startups and nonprofits.

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A Glimpse of What You’ll Learn

• Against the massive transfer of wealth that is occurring in the US there is a concurrent shift in values among younger consumers. What are these changes and what has triggered them?
• What are the implications for businesses and investors?
• Why are commitments to environmental, social and governance issues becoming critical?
• What are some examples of companies that have adopted best practices?

RESOURCES MENTIONED IN THIS EPISODE

• Richard Steel on LinkedIn
• Richard Steele Website
• Elevated Economics
• Harvard Alumni Entrepreneurs
• Philip Guarino on LinkedIn

Richard Steel CEO of Parsec Ventures

Richard Steel is an entrepreneur, investor, author and business consultant. He has run private and public companies, served on nonprofit boards and advised the White House Business Council. Richard is an alumnus of Harvard Business School’s Owner/President Management program. He is an advisor to large and mid-size companies, governments, startups and nonprofits. Currently, Richard is the CEO of the venture firm Parsec Ventures and chairs a philanthropic fund.

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