Hiring is broken, but we can fix it. Yes, the future of hiring must strike a delicate balance between technological advancement and human-centered practices, but it’s time for a paradigm shift and systemic overhaul in our fundamental approach to talent acquisition that prioritizes human-centric values.

For many people, the last two years have been a grand experiment in what it looks like to work from anywhere. In the spring of 2020, we went from just 5% of people working remotely to more than 50% working from home (WFH), and it’s been holding steady since. This monumental shift has redefined what “normal” means and recalibrated our collective notion of what’s possible in relation to work.

Every year, Larry Fink, chairman and CEO of BlackRock, the largest money-management firm in the world, writes an open letter to CEOs sharing his insight on some of the most pressing issues in the world of business. This year, he announced that environmental sustainability will be a core goal of BlackRock’s future investments, but stops short of committing to true stakeholder capitalism.

Shareholder capitalism, practiced by companies that serve the interests of their investors by maximizing profits, often at the expense of others, fails to consider how the well-being of people and the environment affects long-term sustainability. It’s time to embrace the reality that how we conduct business matters, and to shift to a model that prioritizes the needs of all stakeholders.

Most news outlets focus on provocative, fear-inducing stories because they tap into our deep psychological need to feel safer by being better informed about a problem or threat. But there are also plenty of good news stories - proof that positive change is happening every day. A daily dose of good news helps us stay motivated and keeps our spirits high as we work toward a brighter future.

Companies are waking up to the fact that having a purpose beyond profit is not just good for business, it’s essential. Profit can no longer be the only goal, nor the only metric for success. People’s expectations have evolved and they’re ready to support and advocate for brands that genuinely do good. Let’s take a look at why purpose and meaning matter to three key stakeholder groups.

There’s a revolution happening in business right now. It’s a movement that’s been taking shape for many years, but it has gained great momentum in the past decade. Many are calling it the Purpose Revolution and it’s bringing tectonic shifts to the for-profit business world. The growing population of conscious consumers, impact investors, and individuals who want meaningful work are helping to usher in a new age of capitalism.