man and woman fitting puzzle together in front of green rising stock chart "As the demand and expectations for transparency and accountability in the business community continue to grow, it is imperative companies adapt to the new normal and bake ESG into their strategies," said Anthony DeCandido, partner and financial services senior analyst with RSM US LLP. (Photo: Bigstock)

Can you just redefine the purpose of something, like, for instance, business? The Business Roundtable did just that at the end of last summer.

It said that the purpose of business was no longer to simply provide profits for shareholders. Instead, the purpose was to provide benefits for employees, customers, suppliers, and the communities around a business — and the shareholders.

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C.J. Marwitz

C.J. Marwitz is a writer and editor.