"And the family dynamic plays out in a number of ways. The first thing is that we can take a long-term view. We'd like to think we think in generations and not just in quarters. And because of our ownership, we carry the name of our owners on the door, we have an obligation to make sure that we behave well in society."
"For the past several weeks, we've been sharing a series of conversations with CEOs that were part of HBR's recent future of business event. Today is the last in that series, a conversation about the role of business in society with Paul Weihrauch, the CEO of Mars. Mars, of course, produces candies like M&Ms, Snickers, and Skittles, as well as pet food and pet services. It's a private company and it's a purpose-driven one with highly ambitious sustainability goals."
Mars is a private, purpose-driven company that produces candies like M&Ms, Snickers, and Skittles and operates pet food and pet services, including more than 3,000 veterinary hospitals. Since 2022 leadership has committed to responsible growth and achieving a net positive societal impact through ambitious sustainability targets. Family ownership fosters a generational perspective and a visible obligation to behave well in communities where factories and offices operate. The company emphasizes delivering immediate business results while simultaneously investing for long-term value, framing strategy as a balance between short-term execution and intergenerational responsibility.
Read at Harvard Business Review
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