The first stated mission of Harvard Business School was to educate leaders who “make a decent profit—decently.” Nitin Nohria, former Dean of Harvard Business School (2010-2020), joins the podcast to discuss why this approach is becoming the norm in the form of stakeholder capitalism (18:00) and greater awareness of ESG issues (23:00). We also explore the lasting impact of the work of Adam Smith on the heels of the announcement of the new Panmure House Prize (31:00).