Stakeholder

Stakeholder
/ˈsteɪkˌhəʊldə/ (n.)

People Anatomy™ A spotter’s guide to the men and women of finance. →Go uptown A steak holder yesterday. Here all week, folks. Index: Click ᐅ to expand: Archetypes Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

1. (Within an organisation): Fellow bureaucrats. More particularly, other people in and around the organisation who are paid more to care less. The word for that sensation you get when you reflect that, in an organization as full-bloodedly committed as an investment bank to the precepts of free market capitalism — that imaginary world in which there is no such thing as bureaucracy — is controlled, managed and populated by individuals whose main function is to devise and oversee the completion of bureaucratic functions — that word is irony.

2. (Beyond the organisation): Those whose interests a corporation’s executive affects a sudden, intense commitment to advancing, by way of explaining why it has signally failed to advance the interests of those whose money the executive is meant to be looking after. For example: white rhinoceroses, rain forests and their inhabitants, global equality, the elimination of poverty.

See also

• Stakeholder capitalism