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What is ESG?
McKinsey & Company, McKinsey & CompanyEnvironmental, social, and governance (ESG) criteria are useful in measuring a company’s progress toward achieving social goals in addition to creating shareholder value.
socio political environment
corporate responsibility
How Companies Can Navigate Today’s Geopolitical Risks
David S. Lee and Brad Glosserman, Harvard Business ReviewThe rules of international business have changed. To navigate this new paradigm, companies need to understand four important trends: 1) Interdependence between countries has grown and has created new risks, 2) geopolitical competition between the West and China is growing, 3) this geopolitical competition is...
socio political environment
What a Mature CSR Team Looks Like
Christopher Wickert, David Risi, and Tommaso Ramus, Harvard Business ReviewAs climate change, social inequities, and other critical issues grow ever more urgent, many companies have built dedicated departments focused on corporate social responsibility (CSR).
corporate responsibility
csr
socio political environment
How can business prepare for the next disaster?
Lizzie O’leary and Ayesha Hazarika, Strategy+Business a pwc publication, 17 November 2022Cyberattacks, supply chain disruptions, hurricanes, and pandemics: the list of things that can go wrong for a company is long, and it is growing. So, how can business prepare for the unknown?
socio political environment
4 Ways Businesses Can Help Uphold Democracy
Vincent Pons, Harvard Business ReviewBusinesses need political stability to thrive, and so when democracy is jammed, companies can feel threatened. But few would see business as a solution to political system woes; to the contrary, business is most often depicted as a corrupting influence, attempting to tilt the scale towards particular candidates or...
socio political environment
Building stakeholder trust in measures of sustainable performance
Matthew Falconer and Cécile Saint-Martin, Strategy+BusinessInvestors say they value a company’s data on sustainability almost as much as they value its financial data. They need to be able to trust it as much, too.
adaptive leadership
socio political environment
stakeholder
Why stakeholder capitalism has taken the spotlight
Lizzie O’Leary, Strategy+Business, 08 November 2022If you think the CEO agenda is jam-packed now, consider this: Richard Oldfield, PwC’s global markets leader, says that in a world in which trust is lacking, particularly in government, “employees are expecting business leaders to actually fill that trust gap, and they expect them to stand up for the ethical and...
stakeholder
socio political environment
Layoffs Are Painful. But You Can Communicate Them Compassionately.
Laurie Tennant, Harvard Business ReviewExecutives and managers too often underestimate the importance of clear, consistent communications as part of a reduction in force (RIF). Without an effective communications plan that begins well in advance, an RIF can result in long-term damage to the company’s reputation and to the well-being of both dismissed...
socio political environment
reputation
leadership communications
Conspiracy-theory proofing Australia’s elections - talking global best practice with the Australian Electoral Commission
Very Public Affairs Podcast, The Centre for Corporate Public Affairs, 25 October 2022In this episode of Very Public Affairs, the Centre’s Executive Director Wayne Burns talks with Tom Rogers, Electoral Commissioner at the Australian Electoral Commission. The pair discuss the AEC’s strategic operation to tackle attempts of 'misinformation' and 'disinformation' in the lead-up to the May 2022 Federal...
socio political environment
How to recognise and transform a destructive leader
Lisa Leong and Zoe Ferguson, ABC Radio National, 24 October 2022What we want in our leaders has evolved; we’ve seen a growing desire for more ethical and empathetic leaders. But destructive leaders are still in charge in many workplaces and their impacts are far-reaching. So how can we identify them and, more importantly, change them? We look at the personality traits and...
socio political environment