Here we are in the new millennium, since 2000 or 2001 (the clear delineation has been debated) and the generation that straddles the 20th and 21st centuries has characteristics that may be quite different for employers (and as customers, investors, voters).
HBR Authors Share Some Research Findings Of Importance to Corporate Leaders and Asset Managers...
Strategy – the familiar word comes down to us over the eons from the language of ancient Greece. The roots of the original word (translated to “stratagem”) mean “the work of the generals, or generalship” which is to clearly say: to lead from the front..or the top!
“Ethical sourcing” – we see that a lot of companies are systematically addressing issues in their sourcing and supply chain management to better understand and address (and better manage!) the various issues that their investors, customers, employees, business partners, and other stakeholders care about. What is “ethical” behavior in the layers upon layers of suppliers in the usual globalized sourcing effort?
The world leadership gathering in Switzerland in winter every year – we see this in the “Davos meetings” in the many news report datelines – are part of the World Economic Forum (WEF) broad activities -- this is the WEF’s annual meeting. Heads of state, CEOs, invited thought leaders, leading academics and journalists, politicians of all persuasions, NGOs, heads of multilateral heads (Christina Lagarde, International Monetary Fund)…they were all gathered there this year.
Is 2019 going to be “The Year of Sustainability”? Greatly empowered by technology? With exciting innovation on the business front? One European-based writer (Carmen Ene, CEO of 3 STEP IT in Helsinki, Finland) thinks so. Writing for Sustainable Brands® SB/The Bridge to Better Brands, she outlines what she sees as the top sustainability issues for corporate leaders in 2019 -- and offers advice on how to address them.
The nation’s leading think tanks, home to numerous scholars and policy wonks, including former officeholders (with many centers headquartered in Washington DC) focus on a variety of political, economic, cultural, environmental, science, and global issues and topics -- typically reflecting the points-of-view of their constituent base.
Nearing the end of the 20th Century, the United Nations assembled experts to develop the eight Millennium Goals (MDGs), to serve as blueprints and guides for public, private and social sector actions during the period 2000-2015 (the “new millennium”).
Whether you are an investor, company executive or board member, or an issue advocate, or civic leader, these “high probability” outcomes should keep you up at night: more superstorms; more drought; increased risk of forest fires; more floods; rising sea levels; melting glaciers; ocean acidification; increasing atmospheric water vapor (thus, more powerful rainstorms)…and more.
How about a potential drop of 10% in the U.S.A. Gross Domestic Product by end of this century?
The story is being well told -– a growing number institutional shareowners and their global networks of asset managers steadily embrace ESG / sustainable investing approaches. Corporations of all sizes are adopting sustainability strategies and churning out sustainability and responsibility reports to tell the story of their sustainability journey. Many national, state and local governments are following through on their commitments made in Paris in 2015 (the Paris Accord on climate change). NGOs galore are focused on driving sustainability into all corners of human behavior.
How do we structure a more sustainable (and responsible) business – it’s a question we are regularly asked here at G&A Institute. By big firms and small companies -- publicly-traded or privately-owned (and numerous planning to go public).