Equity is a widely-valued objective that is expected to be achieved by organizational leadership. However, depending on your source, the word itself has a variety of meanings.
In a video shared by Michigan Ross Executive Education, Sanger faculty champion, Thomas C. Kinnear Professor, and Associate Professor of Entrepreneurial Studies, Chris Rider, discusses the challenge of navigating differing interpretations of equity among stakeholders. This misalignment often presents a unique challenge for business leaders, and successfully addressing this challenge is key to ensuring organizational sustainability.