No secret ingredients
How Maple Leaf Foods gets things done for good
Michael McCain
- Company: Maple Leaf Foods
- Title: President and CEO
- Industry: Food and protein
- Founded: 1991
- Family generation: Second
- Turnover in 2019: 2752.67 million euro
4 big takeaways
Be part of the solution
If you spot sustainability problems in your business – from activities that harm the environment to practices that disadvantage your workforce – don't ignore them. None of us live in a perfect world and neither do businesses. But a company wields power. And as part of society, it has a responsibility to use that power to solve problems.
Welcome criticism
Humans are hard-wired to want to flee or fight when criticized. But in business, it's better to embrace criticism than ignore or attack it. Very often, your critics (as long as they're constructive) will have good ideas on how to improve. And even if the criticism isn't constructive, it might still shine a spotlight on areas where you could do better.
Involve your people
When inspiration strikes, it's tempting to run with your idea and not involve others in your plans. But take a step back. You'll need to take other important people on your journey – most of all, your employees. So engage with them. Share your values. Invite their opinions. You'll gain their support – and some great ideas along the way.
Try to satisfy all your stakeholders
If your company has shareholders, you'll need to satisfy them. But make sure it's not to the detriment of other stakeholders, like your customers and employees. Balancing stakeholders' needs can be tricky. But with careful judgement and transparent metrics, you'll find a way through – and be able to prove why your chosen route makes sense.