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Category Archives: Maturity Tales
If business schools can no longer teach ‘Friedman’ and profit maximisation – who, and what, should they teach?
Part 6 in our continuing series on the implications of ‘BRT’– see parts 1, 2, 3, 4, 5 Critical observers have been monitoring the seismic tremors underneath business education for many years. Now, the high salaries for MBA alumni are even more questionable, since … Continue reading
How HR will have to change if it wants to be part of the ‘Total Stakeholder Value’ (TSV) Organization
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 … Continue reading
OMINDEX predicts the likelihood of catastrophes arising from corporate purpose that puts profit before people.
“There is a climate change component to this…but there’s also a failure of management.” said Michael W. Wara, director, climate and energy policy program at Stanford University Pacific Gas & Electric (PG&E Corporation) came to widespread prominence in the 1990s … Continue reading
US Roundtable’s statement: the full implications of ‘Total Stakeholder Value’ as corporate purpose.
“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 … Continue reading
MI runs Total Stakeholder Value workshop for Chinese delegation
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 & … Continue reading
How the Business Roundtable (BRT) can fulfil their commitment to “deliver value for all” stakeholders – and empower others to do the same
Have US CEOs finally shaken off the Friedman doctrine they subscribed to for nearly 50 years? They have certainly taken a bold step to legitimately grant themselves permission to put societal value first. They must, however, determine a common purpose … Continue reading
Financial Times – “Business must act on a new corporate purpose”. The alternative can only be Total Stakeholder Value
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 … Continue reading
‘Responsible investing: shaping the world we want to live in’.
A seminal discourse from Saker Nusseibeh, CEO, Hermes Investment Management The relationship between business and society is the focus of a recent interview (June 2019) between Saker Nusseibeh, CEO of Hermes Investment Management and Ioannis Ioannou of London Business School. … Continue reading
World of Work Podcast: Organizational Maturity
Stuart Woollard talks to the World Of Work podcast about how organisational maturity leads to human centred, responsible businesses that generate the best possible value in people, planet and financial terms. You can listen via the links here: iTunes: https://lnkd.in/drmdQSs … Continue reading
How MI’s OMINDEX & Total Stakeholder Value (TSV) align with the UN’s Sustainable Development Goals (SDG)
The UN has been working hard at making the world a more responsible and sustainable place since the 1970s and in 2006 it brought its thinking to investors with the introduction of 6 principles of responsible investment. These are designed to … Continue reading
