Surviving And Thriving In The Human Economy - Forbes Fifteen years ago, when 40 companies formed the Global Compact at the United Nations, they laid out the principles for a more inclusive and sustainable world. UN Secretary General Kofi Annan called for a “global compact of shared values and principles, which will give a human face to the global market.” Today, as I address the assembled members of the UN Global Compact, I urge business leaders to consider how that “human face” of the global market is needed more urgently today than ever. The 21st century has been a marked period of personalization and humanization. Our ever expanding technology has made it possible to reach out and touch more people than ever before. It also requires us to stop and think about how we affect all of those we come into contact with.
Intrapreneurship - Career Development Tools From MindTools.com Learning to Think Like an Entrepreneur Fulfill your potential by releasing your intrapreneurial talents. © iStockphoto/variusstudios Do you make a unique difference to your business? We're not just talking about being a constructive member of the team; a vital cog in the machinery of your organization. The Impact of Values and Culture on CSR Most of what I’ve written for Forbes over the last year has focused on a global view of the social purpose of business. Recently, however, I started wondering about the ways in which CSR varies based on the country where a corporation is located. In what ways do the elements of CSR change based on where it’s practiced? Is there a unique approach to corporate social responsibility that differs from one country to the next? In what ways does the social purpose of a business reflect the values and culture of the country (or countries) where it operates? I recognize that these are big questions and I thought it would be appropriate to begin exploring this where I live in Canada.
Extracting with Purpose Oil and gas and mining companies operate in some of the most underdeveloped regions on earth. Many of the countries and communities in which they operate face significant challenges in health, education, economic development, and basic infrastructure. Meanwhile, the extractives sectors present an opportunity for social change on a massive scale: Five of the world’s twenty biggest companies operate in these sectors. While the social imperative is clear, so is the business imperative to improve interactions with host communities: companies lose billions each year to community strife. In the new FSG research report Extracting with Purpose, we’ve found that there is a clear business imperative to improve societal outcomes.
Value Creation is Inherent in Social Business There have been many attempts in the drive to describe the value of social and collaborative environments. Most often I find a discussion of this becomes embroiled in an argument over how to calculate (often down to a mathematical level) a return on investment on the software. The reality is that the software can be used in so many ways that its real value only becomes apparent when you look at specific scenarios of where it is being applied in a particular business process within a line of business, particular to an organization. Enterprise 2.0 Summit 2012 (Source: Kongress Media) At Enterprise 2.0 Summit last week, I described this need to focus on delivering social business specifically to lines of business and creating value for their specific business needs, goals and operations.
Collective Impact Forum How Public Policy Can Support Collective Impact, a new learning brief co-authored by FSG and the Forum for Youth Investment and published with the Collective Impact Forum, provides examples and recommendations of public policies that use funding streams, regulations, reporting and auditing practices, and interdepartmental collaboration to enable communities to apply the collective impact approach to tackling complex social problems. Drawing on interviews with policymakers, extensive secondary research, and their own experiences in the policy sphere, the authors identified public policies that support the five conditions of collective impact and ways that government structures, processes, practices, and mindsets can enable and sustain those ”collective impact friendly” policies. The authors hope this learning brief serves as a platform for gathering and highlighting examples of such public policies at all levels of government across the nation.
Human-Centered Design Toolkit For years, businesses have used human-centered design to develop innovative solutions. Why not apply the same approach to overcome challenges in the nonprofit world? This project, funded by International Development Enterprise (IDE) as part of a grant from the Bill & Melinda Gates Foundation, sought to provide NGOs and social enterprises with the tools to do just that. IDEO, in collaboration with nonprofit groups ICRW and Heifer International, developed the HCD Toolkit to help international staff and volunteers understand a community’s needs in new ways, find innovative solutions to meet those needs, and deliver solutions with financial sustainability in mind. The HCD Toolkit was designed specifically for NGOs and social enterprises that work with impoverished communities in Africa, Asia, and Latin America. The HCD toolkit has been used by organizations throughout the developing world, including Acumen Fund, AyurVAID, Heifer International, ICRW, IDE, Micro Drip, and VisionSpring.
Entrepreneurs, the Environment, and Social Value (?) - Forbes Off and on for some time we’ve been writing about the intersection of entrepreneurship and creating social value along with economic value. There is a school of thought that creating economic value itself is a social value, which we think is true: adding something to the human environment in such a way that there is a net gain fits the definition of making social value—jobs are created, families are raised, the economic health of communities is maintained and improved. By contrast, consuming something from the human environment in such a way that there is a net loss is a good way of destroying social value, as we’ve seen with the Groupon mess. But while neat frameworks and taxonomies make for good copy and research projects, the real world is more diverse and confusing.
About Calgary Economic Development Calgary Economic Development's Mission We advance opportunities for smart growth to achieve individual, business and community potential for the Calgary Region. Calgary Economic Development's Mandate The Rise of Shared Value and Four Other Trends in CSR - Forbes There couldn’t have been a better way to approach the end of 2011 than at the ambitious and cheerful Net Impact conference followed by Business for Social Responsibility’s (BSR) annual conference. Last year was my first time at both conferences. I came back encouraged, informed, and enthused about the work ahead of us. (See: Can MBA Students be Taught Humility?
Connector Program Our Connector Program is a simple yet highly effective networking program that helps local businesses and organizations connect with talented immigrants who want to build a career in Edmonton. We put pre-qualified Connectee s directly in touch with local business people, civil servants, and community leaders who volunteer as Connectors – people who are in the habit of making introductions and connecting others to opportunities. Who are the Connectees? Internationally trained professionals who are permanent residents, living in Edmonton and are employment ready.
Can China Lead The Development Of The Shared Value Economy? - Forbes Photo Credit: itsallaboutimagination.com In the past year, I’ve met with scores of new people and talked about how the research and consulting company I help lead, China Youthology, had launched a non-profit platform to directly engage youth called Open Youthology. The most common response I get is, “Are you an NGO?” It puzzled me why so many people couldn’t see the logic: Investing directly in what’s good for the community will secure what’s good for business. I also felt a little anxious; why were we the only ones doing this? Are we totally wrong?