Archive for the ‘Corporate Governance’ Category

6
Apr

Max Oliva, Associate Director of IE’s Social Impact Management
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The McKinsey Quarterly has just Published an article which analyzes these issues, arguing that executives ignore socio-political debates at their own peril.
A majority of the executives they have surveyed acknowledge the fact that socio-political issues if not well managed and anticipated, are potential threats to the creation of value and have admitted that they handle these issues poorly.
That deficiency, they argue, is “the result of short-term financial pressures, a lack of familiarity with the issues, and the sense that specialists in the public-affairs and legal departments handle this sort of thing.” It is of strategic interest to correct this flaw.
What’s different today is “the intensifying pressure and the growing complexity of the forces, the speed with which they change, and the ability of activists to mobilize public opinion. Companies must now strive to anticipate and understand those expectations and to embed them in their business strategy.”
The challenge is to “find a way for companies to incorporate an awareness of socio-political issues more systematically into their core strategic decision-making processes.” And this must be seen not just as risks, but as an opportunity to differentiate your business.
To view the full article click here.
To view What Business Executives think in regards to Corporate Responsibility click here.

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5
Apr

Max Oliva, Associate Director of IE’s Social Impact Management
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The World Economic Forum, The World Bank and United Nations are hosting events this month which will discuss leveraging the currently improved economic conditions of Latin America; important changes in the strategic landscapes of both NGO’s and businesses; and identifying immediate and pragmatic solutions to some of Latin Americas most pressing problems.
World Economic Forum on Latin America, April 5-6
“Business, NGO’s and Development: Strategic Engagement to Meet the Millennium Development Goals (MDGs)”, April 10-11
The 2006 Latin American Forum , April 19-20

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4
Apr

Max Oliva, Associate Director of IE’s Social Impact Management
The European Commission has just published (March 22nd, 2006) a communication on CSR entitled: “Implementing the Partnership for Growth and Jobs: Making Europe a pole of excellence on CSR”.
It is intended to be a backing for a European Alliance for CSR, intended to further promote and encourage CSR. They look at this not as a legal instrument, but rather as a vehicle for mobilising the resources and capacities of European enterprises and their stakeholders in the interests of sustainable development, economic growth and job creation.

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3
Apr

Max Oliva, Associate Director of IE’s Social Impact Management
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The Economist has recently issued a survey of wealth and philanthropy which builds up on the idea of how this is increasingly being a concern to business men and how all sectors are getting involved, including business schools and in a very relevant way. From amateurism, the industry is moving towards business mindset and tools ranging from “social investing, social entrepreneurship and venture philanthropy to strategic market-conscious and knowledge -based content” in order to leverage the donors’ money. Here are synthesized some of the main ideas of the report. For a full view you must be a subscribed member of The Economist (Issued on February 25th, 2006) and can download it here
…Is the sector at a tipping point? Well, in America the number of charitable foundations has risen from 22,000 in the 80’s to more than 65,000 today, this according to The Center on Philanthropy at Indiana University. Moreover, charitable giving in the US rose by 5% in 2005 to a record high of $249 billion, which is more than 2% of their GDP. In Germany it has risen from 4,000 in 1997 to 13,000 now.
The business of giving certainly posts a great opportunity and responsibility for business schools, who can contribute and create value in a significant way.

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3
Apr

Max Oliva, Associate Director of IE’s Social Impact Management
The social sector is approaching a tipping point. Business Schools’ involvement in social issues range from corporate responsibility and social entrepreneurship, to social impact management, going through the bottom of the pyramid, socially responsible investing and other concepts which are being generated as we speak.
Being part of this change, Instituto de Empresa has undertaken a commitment to society, having worked for the past three decades in areas like ethics, social responsibility, sustainable development, protection of the environment, diversity management and others.
The Corporate Responsibility Community will serve as a platform to discuss these issues, the different perspectives and approaches which leading faculty, students, alumni and practitioners are taking, be it from a strategic or a pure philanthropic point of view. We look forward on building up on this conversation and bringing value to every participant of the community.
Let’s start the conversation!

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