The Maturity Institute’s OMINDEX® provides a practical solution to the most wicked management problem facing the world Presumably, the purpose of company law is to ensure that companies behave responsibly? In UK company law, Section 172 of the Companies Act of 2006 is headed ‘Duty to promote the success of the company’ and does its […]
We may all struggle to find any positives among the devastation wreaked by Covid; yet 2020 proved to be the most important year in MI’s history and one that offers greater hopes for us all. First, the pandemic keeps reminding us just how much we are all part of one, whole, global system of humanity. […]
The Maturity Institute (MI) has been building the infrastructure needed to support a form of capitalism predicated on Total Stakeholder Value (TSV). At the very core of our strategy is OMINDEX® – a rating scale that applies a set of 32, diagnostic, organizational elements (the OM30) to measure companies against a global standard. All 32 […]
“…. the great test all countries will soon face is whether current feelings of common purpose will shape society after the crisis.” “Virus lays bare the frailty of the social contract – Radical reforms are required to forge a society that will work for all” FT Editorial Board, 3 April 2020 Coronavirus exit strategies can pave […]
Richard Walker, MD of Iceland Foods, was fast out of the blocks on Covid-19: understanding that the most vulnerable of his company’s customer base needed help and being quick to provide it. By setting aside specific time for elderly and disabled customers to get essential supplies, he granted them exclusive access to Iceland’s products, and […]
Davos this year coincides with the 50th birthday of the World Economic Forum (WEF). So Gillian Tett, under the FT’s Moral Money series, chose this opportunity to ask its founder, Klaus Schwab, a list of fundamental questions about the relevance of WEF’s annual show. In the face of mounting global problems these questions are increasingly […]
Part 5 in our ‘BRT’ series – see parts 1, 2, 3, 4 In Part 3 of this series I explained some of the broader implications stemming from The Business Roundtable’s (BRT) ‘Statement on the Purpose of a Corporation’. Now we need to look in more detail at how it has shifted the ground underneath […]
“It’s almost astonishing… (BRT are) in effect coming right out and saying, ‘We’ve been wrong for the last 20 years…some folks in the BRT are recognizing there’s something unsustainable about an economy that’s all about shareholder primacy. … it’s probably good politics on their part in addition to good economics.” Robert Hockett, Professor at Cornell Law […]
Paul Kearns, Lucy Dunnett and Stuart Woollard were delighted to run a half day workshop for a delegation from China, led by the senior team from Anhui Provincial Investment Group Holding Co. Ltd. The workshop, entitled “How Purpose, Culture & Human Management Systems Create Total Stakeholder Value (TSV)” covered key aspects of Organisational Maturity Rating […]
This is Part 1 in our BRT Series – see parts 2, 3, 4, 5, 6 Monday 19th August 2019 – mark it in your diary. It will forever be remembered as the day the world finally grew up, for the betterment of all humankind. It will be seen, in hindsight, as the day all of us were […]