Seen as a leader in sustainable business practices, Patagonia tracks every step in the manufacture of its products to be sure there are "no unintended consequences of our actions," says founder Yvon Chouinard.
An EU Fisheries Commission Project pays fisherman to remove plastic debris from the Mediterranean Sea.
Executives from 10 major corporations gathered in New York City to discuss the innovative ways that they are putting societal issues at the core of their companies’ strategy and operations.
As Japan shifts from disaster relief to rebuilding, GSB alumni see opportunities for change and renewal.
The Grameen Foundation’s Bankers Without Borders initiative applies skills-based volunteering to poverty alleviation.
Unless clean tech follows well-established rules of innovation and commercialization, the industry’s promise to provide sustainable sources of energy will fail.
Venture into a Panera Cares café and you’ll see the same menu and racks of freshly baked breads that are staples at the 1,400 Panera Bread restaurants across the United States. The only thing missing is the cash register. Instead, there’s a donation box where customers pay on the honor system.
Goldman Sachs 10,000 Women program is helping women in 22 countries in the developing world start and grow businesses, Dina Habib Powell, who oversees the effort told a business school audience.
Politically radical social workers didn’t expect to be working in a bank any more than white-collar bankers expected to be holding meetings in a crowded public market.
Richard Jefferson believes that biotechnology can be used to benefit the poor and disenfranchised, but only if the R&D process is democratized so that everyone has access to critical scientific tools and technologies.
Seen as a leader in sustainable business practices, Patagonia tracks every step in the manufacture of its products to be sure there are "no unintended consequences of our actions," says founder Yvon Chouinard.
As Japan shifts from disaster relief to rebuilding, GSB alumni see opportunities for change and renewal.
Goldman Sachs 10,000 Women program is helping women in 22 countries in the developing world start and grow businesses, Dina Habib Powell, who oversees the effort told a business school audience.
When oil began gushing into the Gulf of Mexico last year, scientists, engineers, and operations workers all had different ideas about what to do. The biggest lesson may have been getting these different groups to work together, Marcia McNutt of the USGS told a Stanford Graduate School of Business audience.
For the movers and shakers of this world who could use some practical, cost-effective solutions for encouraging donations, volunteerism, social activism, and other responsible, caring, and pro-social behaviors, Frank Flynn reviews the latest findings. To receive Flynn's highlights, sign up for the quarterly prosocial highlight.
A national debate over the behavior of ousted Hewlett-Packard chief executive Mark Hurd had just made headlines. Advance publicity for Wall Street: Money Never Sleeps, a movie about greed writ large, was picking up volume. And political pundits were arguing daily over what it meant for candidates to be perceived as either pro- or antibusiness as midterm elections approached. Stanford GSB students reflect on Wall Street's bruised reputation.
Since taking over as CEO of Zappos, Tony Hsieh has vowed to do whatever it takes to keep his employees, customers, and vendors happy. He told a business school audience his strategy leads to profits in the end.
What Do Your Jeans and Your Car Have in Common?
Did you know that making a pair of Levi 501 jeans, from cotton seed to finished garment, uses 54 showers' worth of water and produces the same amount of greenhouse gas as driving your car 78 miles? Neither did Levi Strauss & Co. - until they conducted an environmental impact assessment on their goods speakers told the fourth annual Socially and Environmentally Responsible Supply Chains Conference.
Researchers find a stronger tie between money and happiness for people paid by the hour than by salary, because hourly workers are more regularly reminded of the value of their time, according to work co-authored by business school Professor Jeffrey Pfeffer.
John Mackey, the CEO of Whole Foods Market chain, has loftier goals than getting Americans to eat healthy foods, one of the missions of his grocery empire. He is out to change American business as well, putting it on the path to higher consciousness.
An EU Fisheries Commission Project pays fisherman to remove plastic debris from the Mediterranean Sea.
Executives from 10 major corporations gathered in New York City to discuss the innovative ways that they are putting societal issues at the core of their companies’ strategy and operations.
The Grameen Foundation’s Bankers Without Borders initiative applies skills-based volunteering to poverty alleviation.
Unless clean tech follows well-established rules of innovation and commercialization, the industry’s promise to provide sustainable sources of energy will fail.
Venture into a Panera Cares café and you’ll see the same menu and racks of freshly baked breads that are staples at the 1,400 Panera Bread restaurants across the United States. The only thing missing is the cash register. Instead, there’s a donation box where customers pay on the honor system.
Politically radical social workers didn’t expect to be working in a bank any more than white-collar bankers expected to be holding meetings in a crowded public market.
Richard Jefferson believes that biotechnology can be used to benefit the poor and disenfranchised, but only if the R&D process is democratized so that everyone has access to critical scientific tools and technologies.
Sustainable Harvest grows a new supply chain.
Habitat International has grown its bottom line using a largely disabled workforce.
Companies that invest in their lowest-level employees are more productive and more profitable.
The more a business focuses on it’s social mission, the more revenue it will generate.
Nonprofits need to think seriously about helping their employees’ with post-work survival.
The author warns that selling a company or organization should not mean selling out as social missions will prove to contribute to long term success.
Good Capital invests in socially responsible Adina.
BB&T decides to help with the bailout of the financial market.
Pivotal pieces that have influenced the “base of the pyramid” theory as a way for business to alleviate global problems.
Major world leaders pledge big money to improve the lives of millions.
Highlights from the Clinton Global Initiative.
Clinton’s Global Initiative kicks off.
The social capital market aims to have a positive impact on the planet.
Corporate social responsibility (CSR) acts as a lever to minimize environmental harms done by daily business activities.
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A trend toward decreasing poverty and improving the environment is emerging as corporations as companies incorporate environmental, social, and welfare-based themes into business plans and products.
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Can business be a power for good? Jean Oelwang, CEO of Virgin Unite, says yes. By collaborating with members of the Virgin group such as Virgin Mobile, Virgin Trains, and Virgin Airlines, Virgin Unite strives to demonstrate that socially responsible innovations can bridge all sectors.
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What does it mean for a company to fully engage in corporate social responsibility and become a global citizen? Former Hewlett-Packard VP Debra Dunn talks about the opportunities and challenges of implementing a robust Corporate Social Responsibility strategy and aligning with the demands of numerous stakeholders. Dunn draws on her own experience working for the technology giant.
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When a large company decides to work with suppliers to reduce their emissions, a positive ripple is created throughout the global economy. How can smaller innovators make an impact when it comes to greening the supply chain?
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Companies are implementing a radical and sustainable business model to provide greener alternatives for our everyday lifestyles. By creating this catalyst for change, they moved their products and services ahead of industry leaders and scaled this impact with market success.
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Partnership for Disaster Response Chair and Brinks Co. CEO Michael Dan explains how the Partnership leverages member companies' expertise and capabilities to accelerate on-the-ground support to address the most critical needs in time of crisis.
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With a focus on sustainability, corporations are moving toward operations that reduce the environmental impact of their products and services and offer an integrated bottom line. What are the motivations for change and how can companies best approach this shift in market practice?
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How can a small business owner keep up with sustainability issues? Companies are providing websites where small businesses share their green knowledge.
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FEMA administrator Craig Fugate encourages individuals, business, and the government to be prepared and to help maintain resiliency after a disaster strikes.
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The introduction of McDonald's into India over the past six years has resulted in the creation of local opportunities in the areas of agriculture and food production, storage, and transportation.
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How do environmental challenges create growth opportunities, new markets, and innovation? Two Goldman Sachs managers discuss how their investment firm is making the financing of corporate deals contingent upon the incorporation of increasingly stringent environmental criteria.
Dilemmas such as selling other nations scanners that can tell the sex of an unborn child or kerosene heaters without safety features were debated during a discussion with Stanford's Professor David Brady.
Global Management Perspective: According to Tom Mercer, the trip "gets you out of the classroom" and into practical situations. It also "... gives perspective of how to deal with global management."
The trip embodies the goals of the Stanford Graduate School of Business. For Joseph, the global trip "helps me put face and story for my passions."
The experience brought back to the GSB: It was a proud moment when a classmate raised his hand and said, "In Guatemala we saw this as an example of what you just said."
Getting Passionate About the Supply Chain: On a 3-hour bus ride, students debated the coffee supply chain and what could be done. For John Joseph, it "was fun to see how passionate they were about it."
From Bean to Cup-of-Coffee Complex: Students first thought the coffee supply chain was boring. The more they experienced Guatemala, the more they realized the story was far more complex.
On a service learning trip to Guatemala, John Joseph, MBA '08, and classmates visited small producers right up to the Starbucks' organization, as well as NGOs like As Green As It Gets.
Environment and the Supply Chain: MBA student Tom Mercer, Class of '07, got a chance to see different views on the supply chain from varied perspectives: the corporate perspective (Starbucks), as well as those of individual coffee farmers.
Corporate social responsibility (CSR) acts as a lever to minimize environmental harms done by daily business activities.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
A trend toward decreasing poverty and improving the environment is emerging as corporations as companies incorporate environmental, social, and welfare-based themes into business plans and products.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
Can business be a power for good? Jean Oelwang, CEO of Virgin Unite, says yes. By collaborating with members of the Virgin group such as Virgin Mobile, Virgin Trains, and Virgin Airlines, Virgin Unite strives to demonstrate that socially responsible innovations can bridge all sectors.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
What does it mean for a company to fully engage in corporate social responsibility and become a global citizen? Former Hewlett-Packard VP Debra Dunn talks about the opportunities and challenges of implementing a robust Corporate Social Responsibility strategy and aligning with the demands of numerous stakeholders. Dunn draws on her own experience working for the technology giant.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
When a large company decides to work with suppliers to reduce their emissions, a positive ripple is created throughout the global economy. How can smaller innovators make an impact when it comes to greening the supply chain?
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
Companies are implementing a radical and sustainable business model to provide greener alternatives for our everyday lifestyles. By creating this catalyst for change, they moved their products and services ahead of industry leaders and scaled this impact with market success.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
Partnership for Disaster Response Chair and Brinks Co. CEO Michael Dan explains how the Partnership leverages member companies' expertise and capabilities to accelerate on-the-ground support to address the most critical needs in time of crisis.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
With a focus on sustainability, corporations are moving toward operations that reduce the environmental impact of their products and services and offer an integrated bottom line. What are the motivations for change and how can companies best approach this shift in market practice?
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
How can a small business owner keep up with sustainability issues? Companies are providing websites where small businesses share their green knowledge.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
FEMA administrator Craig Fugate encourages individuals, business, and the government to be prepared and to help maintain resiliency after a disaster strikes.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
The CEO of Gardenburger, a seller of veggie burger products and other food alternatives to meat, considers the company’s advertising strategy. He aims to take the company from the small health-food niche to the consumer mainstream.
This case details the 2006 decision by the United Kingdom to deny coverage for a new form of inhaled insulin. In doing so, it highlights the challenges to innovators in managing conflicts over the costs, benefits, and risks of new technology.
The case discusses U.S. and international accounting guidance regarding the disclosure of contingent and environmental liabilities.
Worldstock, Overstock.com’s socially responsible initiative, which marketed handicrafts produced by developing nation artisans to the United States, was suffering losses. Some stakeholders wondered if Worldstock would be shut down or spun off if the situation did not improve.
The San Diego Padres’ ballpark was the first integrated sports facility/development project ever attempted. While it proved to be a huge success for the Padres, San Diego, and taxpayers, there were many obstacles that had to be overcome.
With Google's rapid international growth, came a number of nonmarket challenges including privacy issues in both the United States and European Union, the spectrum auction, intellectual property, corporate social responsibility, and business practices in China.
This case explores the various corporate governance systems that have been adopted in the United States and abroad. It examines issues of control, director and auditor independence, board structure, and more.
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This first part of the case describes the organization's initial considerations.
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This second part of the case explores the company’s experience with a distribution program.
A shipment of industrial products gets waylaid by customs in Thailand, with a charge of smuggling. When the project manager refuses to pay an extortionary fee and is reported to officials, the company manager must figure out how to defuse the situation.
The CEO of Gardenburger, a seller of veggie burger products and other food alternatives to meat, considers the company’s advertising strategy. He aims to take the company from the small health-food niche to the consumer mainstream.
This case details the 2006 decision by the United Kingdom to deny coverage for a new form of inhaled insulin. In doing so, it highlights the challenges to innovators in managing conflicts over the costs, benefits, and risks of new technology.
The case discusses U.S. and international accounting guidance regarding the disclosure of contingent and environmental liabilities.
Worldstock, Overstock.com’s socially responsible initiative, which marketed handicrafts produced by developing nation artisans to the United States, was suffering losses. Some stakeholders wondered if Worldstock would be shut down or spun off if the situation did not improve.
The San Diego Padres’ ballpark was the first integrated sports facility/development project ever attempted. While it proved to be a huge success for the Padres, San Diego, and taxpayers, there were many obstacles that had to be overcome.
With Google's rapid international growth, came a number of nonmarket challenges including privacy issues in both the United States and European Union, the spectrum auction, intellectual property, corporate social responsibility, and business practices in China.
This case explores the various corporate governance systems that have been adopted in the United States and abroad. It examines issues of control, director and auditor independence, board structure, and more.
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This first part of the case describes the organization's initial considerations.
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This second part of the case explores the company’s experience with a distribution program.
A shipment of industrial products gets waylaid by customs in Thailand, with a charge of smuggling. When the project manager refuses to pay an extortionary fee and is reported to officials, the company manager must figure out how to defuse the situation.
Although most of the research and public pressure concerning sustainability has been focused on the effects of business and organizational activity on the physical environment, companies and their management practices profoundly affect the human and social environment as well. This article briefly reviews the literature on the direct and indirect effects of organizations and their decisions about people on human health and mortality.
Organization members overestimate the degree to which others share their views on ethical matters. That is, a high level of "betweenness centrality" increases an individual's estimates of agreement with others on ethical issues beyond what is warranted by any actual increase in agreement.
The article examines environmental issues related to supply chains and supply chain management. Attempts to introduce sustainable practices into supply chains often meet with unexpected financial or environmental costs.
Establishments in better managed firms are significantly less energy intensive. Better managed firms are also significantly more productive. These results suggest that management practices that are associated with improved productivity are also linked to lower greenhouse gas emissions.
Self-regulation is the private provision of public goods and private redistribution. This paper examines the scope of self-regulation motivated by altruistic moral preferences that are reciprocal and stronger the closer are citizens in a socioeconomic distance.
Social pressure plays a major role in determining corporate strategy and performance according to an award-winning paper coauthored by Professor David Baron. The researchers find that social pressure and social performance reinforce each other, greater social pressure is associated with lower financial performance, and financial and social performance are largely unrelated.
At the confluence between social movement theory and organizational studies, Sarah Soule's Contention and Corporate Social Responsibility examines protests against corporate practices and policies before 1990 and offers a framework to better understand anti-corporate social movements and their role in shaping socially responsible practices in the global economic arena.
The paper investigates the implications of private politics and corporate social responsibility on the strategies of rival firms when one or both is the target of an activist campaign. It also discusses implications for empirical analysis.
The researchers examine the relationship between income inequality and corporate demography in regional labor markets, and demonstrate how the number and diversity of employers affects wage dispersion.
In "Ethics for the Real World, " Ronald Howard and Clinton Korver explain how to master the art of ethical decision-making by identifying potential compromises in your own life; applying distinctions to clarify your ethical thinking; committing in advance to ethical principles; and generating creative alternatives to resolve dilemmas.
This course uses novels and plays as a basis for examining the moral and spiritual aspects of business leadership and of the business environment. The literature covered illuminates the character of business people and the cultural contexts of values and beliefs in which commercial activities take place in a global economy.
Understanding the processes of power and influence in organizations is critical for leaders. This course aims to teach students how to to diagnose and analyze power and politics in organizational situations, show students how to exercise power effectively, and help students come to terms with the inherent dilemmas and choices involved in developing and exercising influence.
This course examines the concept of principled leadership and the various ways leaders try to institutionalize values within their organizations. Through assigned readings, interactive lectures with visiting executives, and weekly small group discussions, students learn how leaders implement their principles, and reflect on their own values and career aspirations.
This course focuses on the bioscience industry (biotechnology, pharmaceutical, medical device, genomics, and vaccine). The emphasis is on the ethical and social challenges of running companies in these areas.
This course examines the strategies that highly educated women and men use to combine work and family. It also explores how managers can help others achieve balance in these two areas.
Jeremy Sokulsky is working with government land managers, environmental regulators and private conservation investors to restore Lake Tahoe clarity.
Dave DeForest-Stalls wants to help kids stay out of gangs. He's providing mentorship and hip ways to keep youth on the straight and narrow.
Court Gould is pushing for Pittsburgh to grow sustainably. He's working hard to inform decision makers about to accomplish that most effectively.
Ruth Bolan is giving voice to indigenous peoples of the Pacific Island. She funds documentaries that bring their culture and challenges to millions of viewers.
Daniel Grossman's Wild Planet creates toys that parents love as much as kids. His aim is to inspire learning and inventiveness.
Bruce McNamer empowers entrepreneurs in rural areas around the world to become self-sufficient. He finds helping people to help themselves a noble calling.
Adam Stern's Web site lets people offset their own carbon emissions by supporting renewable energy projects. He's working to stop global warming.
Seen as a leader in sustainable business practices, Patagonia tracks every step in the manufacture of its products to be sure there are "no unintended consequences of our actions," says founder Yvon Chouinard.
Corporate social responsibility (CSR) acts as a lever to minimize environmental harms done by daily business activities.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
Jeremy Sokulsky is working with government land managers, environmental regulators and private conservation investors to restore Lake Tahoe clarity.
A trend toward decreasing poverty and improving the environment is emerging as corporations as companies incorporate environmental, social, and welfare-based themes into business plans and products.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
An EU Fisheries Commission Project pays fisherman to remove plastic debris from the Mediterranean Sea.
Can business be a power for good? Jean Oelwang, CEO of Virgin Unite, says yes. By collaborating with members of the Virgin group such as Virgin Mobile, Virgin Trains, and Virgin Airlines, Virgin Unite strives to demonstrate that socially responsible innovations can bridge all sectors.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
What does it mean for a company to fully engage in corporate social responsibility and become a global citizen? Former Hewlett-Packard VP Debra Dunn talks about the opportunities and challenges of implementing a robust Corporate Social Responsibility strategy and aligning with the demands of numerous stakeholders. Dunn draws on her own experience working for the technology giant.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
Executives from 10 major corporations gathered in New York City to discuss the innovative ways that they are putting societal issues at the core of their companies’ strategy and operations.
As Japan shifts from disaster relief to rebuilding, GSB alumni see opportunities for change and renewal.
The Grameen Foundation’s Bankers Without Borders initiative applies skills-based volunteering to poverty alleviation.