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In Conversation: The “Woke” Corporation & Corporate Communications
Very Public Affairs Podcast, Centre for Corporate Public Affairs, 25 August 2021On this episode of In Conversation, Executive Director of the Centre, Wayne Burns is joined by Clare Hesketh, Acting Manager of Media Relations at SA Water, and Darren Pearce, Chief Communications Officer at Tennis Australia. They discuss corporate communications and strategies around the hybrid model of work, the...
leadership communications
governance
socio political environment
Corporate directors don’t see stopping wayward CEOs as their job
Steven Boivie, The Conversation, 24 August 2021Research finds that directors generally view their jobs as primarily supporting managers, not monitoring them. This sentiment has been shown to be universal among directors, regardless of demographics like gender or time spent on a board. In practice, this means they rarely seek to vote down management decisions. Rather, directors seek to...
governance
“No CEO in history has created more shareholder value”: Tim Cook’s decade at Apple
The Intelligence Podcast, The Economist, 24 August 2021This episode of The Intelligence Podcast reviews Tim Cook’s decade as Apple CEO. Ten years into the job, Cook now leads the most valuable company on the planet, as well as one of the most influential. The podcast also explores what is needed for Cook to maintain Apple’s shine…
governance
measurement
BHP to exit oil and gas in Woodside mega-deal as climate pressure heats up
Nick Toscano, The Sydney Morning Herald, 17 August 2021BHP, the world’s top mining company, is accelerating its retreat from fossil fuels with a deal to sell its global oil and gas assets to Australian energy giant Woodside Petroleum. Following months of speculation, the companies announced an all-stock merger of BHP’s entire petroleum division spanning Australia, the Americas, and North Africa,...
socio political environment
governance
No more excuses: how four leading companies diversified their Boards
Jason Wingard, Forbes, 12 August 2021A recent Deloitte report reveals that not a single Fortune 500 board is representative of the US population in terms of gender and ethnicity, and, in 2020, minorities held just 18 per cent of Fortune 500 board seats. In the face of an increasingly strong business case for diverse boards, as well as mounting pressure from institutional...
governance
corporate responsibility
‘I got fired’: Westpac ex-CEO wants to help you be ‘better’ after $1.3b blunder
Daniel Ziffer, ABC News, 05 May 2021As chief executive of Westpac, Hartzer led more than 33,000 Westpac staff and helped create billions of dollars in profit. However, he was forced out in 2020 by investor pressure after Westpac broke anti-money laundering laws, allegedly 23 million times. Now, Mr Hartzer has written and released a book that explains how to boost staff engagement...
governance
UK to shake up how companies are run and audited
Reuters, 18 March 2021The UK Government has set out proposals to tighten corporate governance and “inject more rigour and competition” into audits. The main proposals will look to add new obligations on auditors and directors around detecting and preventing fraud, as well as transparency and “resilience statements,” which set out how an organisation is mitigating...
socio political environment
governance
We’re Entering the Age of Corporate Social Justice
Centre for Corporate Public Affairs, Lily Zheng, Harvard Business Review, June 15, 2020, 01 July 2020Companies with effective Corporate Social Responsibility (CSR) programs are more profitable than those without a CSR scheme, according to academic research. Consumers and stakeholders now want companies to see social good as a necessity, moving it beyond a mere marketing strategy. To do this, Lily Zheng, from Harvard Business Review, recommends...
corporate responsibility
csr
governance
Working Through COVID-19 Together
Centre for Corporate Public Affairs, 23 April 2020Rethinking Sustainability in the Middle of a Pandemic
socio political environment
governance
Five Ways that ESG creates value
Witold Henisz, Tim Koller and Robin Nuttall, McKinsey & Company, 14 November 2019Getting your environmental, social, and governance (ESG) proposition right links to higher value creation. As a result, ESG is an inextricable part of how you do business, and its individual elements are themselves intertwined. Hence, thinking and acting on ESG in a proactive way has lately become even more pressing. The US...
corporate reputation
corporate responsibility
governance