The Evolution of Value Series - Part 4, by Wayne Visser
In reaction to shareholder value and inspired by the social, environmental and stakeholder movements, the 1990s saw the emergence of “new economics.” In fact, we can go back further to the early pioneer economists, such as E.F. Schumacher and his landmark Small is Beautiful book in 1973, subtitled “economics as if people mattered,”[i] and Kenneth Boulding who wrote about the “cowboy economy” – where resources are assumed to be infinite, like the open plains of the Wild Western Frontier.
The Evolution of Value Series - Part 3, by Wayne Visser
The dominance of shareholder value grew through the 1970s and into the ‘greed is good’ Wall Street boom-and-bust 1980s, with deregulation ushering in a new era of creative financial products like derivatives. This in turn fuelled the growth of the casino economy – which economist John Maynard Keynes had warned about decades previously, saying:
The Evolution of Value Series - Part 1, by Wayne Visser
What we value as a society differs according to people, place and time. We have to ask, which society? And by that we may really mean: which tribe, class, culture or nation, in which part of the world, and in what period of history? A hunter-gatherer tribe in Southern Africa in 1,000 BC would surely value different things to an aristocratic ruling elite in Europe in the Middle Ages. That’s because value is subjective. The social scientists would say value is socially constructed or normative.
Please note Fall dates have been announced for SROI Accreditation and SROI Introductory Training. Also, a new course is offered for those interested in techniques to maximize social impact: Maximize. Manage. Measure.
SROI Accreditation Training - Toronto October 16-17, 2018 / Calgary November 6-7, 2018
One thing I’ve realized over the past seven years working in Corporate Social Responsibility (CSR) is that perception is a powerful thing. When I walked into a room and sat down to talk about what we at MilliporeSigma were doing in CSR, I could script how it would go. In fact, I should have placed bets because I could have retired by now. People anticipated and expected fluff.
March 9, 2017 /3BL Media/ – Common Impact, a nonprofit that connects corporate employees to high-impact nonprofit organizations through skills-based volunteering engagements, launched the Pro Bono Calculator today. The Pro Bono Calculator is a tool that supports nonprofit leaders and Corporate Social Responsibility (CSR) professionals in quantifying the value and estimating the investment of engaging pro bono talent to address nonprofit capacity building
MIAMI, October 5, 2016 /3BL Media/ -- For the second consecutive year, Carnival Cruise Line has been named Most Trusted Cruise Line in America by Reader's Digest.
The award is based on a poll of more than 5,000 Americans nationwide who were asked to rate products they trust across 40 different categories in areas such as quality, value, and reliability. Carnival received more votes than any other cruise line. The awards are featured in the October issue of Reader's Digest.
In honor of Earth Week, Business Roundtable (BRT) released its 2016 sustainability report, Create, Grow, Sustain: People and Technology at Work, and features Eastman’s CEO, Mark Costa.
Now in its ninth year, the report details how companies are improving the quality of life in communities around the world while driving economic growth through a series of narratives from Business Roundtable CEOs.
Integrated Performance Report Reflects Significant Ways Medtronic Creates Value to Society
At Medtronic, our Mission compels us to play a leadership role in solving global healthcare challenges. Our thoughtful approach to therapy innovation, globalization, and economic value – combined with smart financial management and good corporate citizenship – creates value to society in significant ways.