Manufacturing growth doesn’t harm the environment—it helps
Volkswagen plays with virtue
SMALL CHANGE: Why Business Won’t Save the World by Michael Edwards
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.
Hewlett-Packard is finding that taking responsibility for reducing the negative impacts on the environment of its entire supply chain is "proving right for the bottom line of our company and clients." An HP executive shared the company's progress at a conference on building environmentally sustainable and socially responsible supply chain networks.
Consumers can wield great influence over working conditions under which goods are manufactured, Professor Huggy Rao told a Stanford audience. “You’ve got to influence consumers so they’re willing to pay more,” he said.
The Nike Foundation has zeroed in on a pressing need, says Maria Eitel, who heads the organization: The plight of 500 million girls in many of the world's most impoverished countries who are cut off from taking part in their nations' economies.
Patagonia Inc. founder and owner Yvon Chouinard offered his Stanford audience a slew of counterintuitive business practices that have helped make his apparel company a success.
In order to control rising costs of drug developments, pharmeceutical companies may have to begin looking overseas, where a strong emphasis on life science research is held. In addition, drug companies must begin to look to devote more of their R&D budgets to treating more common diseases. Victoria Hale, founder, CEO, and chairwoman of OneWorld Health, has created a nonprofit pharmaceutical company to address the needs of 90 percent of the world's people, many who do not receive treatment for preventable diseases because of the high costs of medicine.
The B Corp seal of approval distinguishes truly responsible businesses from mere poseurs. —By Jenna Lawrence
Pepsi has enrolled more than 27,000 of its U.S. employees in the Wireless AMBER Alert Program.
National Instrument’s partnerships not only energize science education, but also boost the company’s brand and employee morale. —By Abby Rubin
Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful. —By Aneel Karnani
It’s time to rethink the “C” in CSR. —By Allen L. White
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.
Social entrepreneurship requires conscious leadership, says Whole Foods CEO John Mackey in this University podcast. Delivering a talk sponsored by the Stanford Center for Social Innovation, Mackey issues a clarion call for nothing less than "conscious capitalism," arguing that business can indeed serve more than the almighty dollar. He discusses his own company's challenges in the social enterprise arena.
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Companies can indeed make money while operating in socially responsible and environmentally friendly ways. It just takes what supply chain expert Hau Lee calls the Triple-A approach--having agility, adaptability, and alignment. Closing the Stanford 2008 Responsible Supply Chains Conference, Lee describes how small to mid-sized companies in China, India, and Israel boosted profits while shrinking waste and pollution and providing a fair workplace for employees.
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The Gap monitors 2,000 garment factories in 50 countries and conducts about 4,000 inspections annually to make sure its suppliers are operating under ethical guidelines. Dan Henkle, the executive who oversees this inspection process, as well as the company's community investment and environmental affairs efforts, outlines The Gap's corporate responsibility programs in this audio lecture recorded at the 2008 Responsible Supply Chains Conference.
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Vyomesh Joshi, an executive vice president at Hewlett-Packard, talks about how HP is integrating social and environmental responsibility into its bottom line.
How did Patagonia make the transition to using 100-percent organic cotton in its product line? Randy Harward discusses the challenges surrounding internal support, raw materials, and affordability as Patagonia greens its supply chain.
Will Rogers, president of Trust for Public Land, discusses strategies for sustainable land use in a context where the boundaries that separate land conservation from public health, housing, economic development, transit, energy-use policies, and urban design are rapidly blurring. Amory Lovins, chairman and chief scientist, Rocky Mountain Institute, which fosters the efficient and restorative use of resources to make the world secure, just, profitable, and life-sustaining, discusses issues in his book, Winning the Oil Endgame: Innovation for Profit, Jobs, and Security.
Community foundations have become an increasingly common outlet for charitable giving in the United States. In this panel discussion, led by Julie Juergens, the director of the Center for Social Innovation, community foundation leaders discuss innovative models for foundations as well as challenges faced by this sector.
Corporations are beginning to recognize environmental stewardship as an essential part of corporate social responsibility. This panel discussion explores some of the leading corporate initiatives toward environmental sustainability.
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Social entrepreneurship requires conscious leadership, says Whole Foods CEO John Mackey in this University podcast. Delivering a talk sponsored by the Stanford Center for Social Innovation, Mackey issues a clarion call for nothing less than "conscious capitalism," arguing that business can indeed serve more than the almighty dollar. He discusses his own company's challenges in the social enterprise arena.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
Companies can indeed make money while operating in socially responsible and environmentally friendly ways. It just takes what supply chain expert Hau Lee calls the Triple-A approach--having agility, adaptability, and alignment. Closing the Stanford 2008 Responsible Supply Chains Conference, Lee describes how small to mid-sized companies in China, India, and Israel boosted profits while shrinking waste and pollution and providing a fair workplace for employees.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
The Gap monitors 2,000 garment factories in 50 countries and conducts about 4,000 inspections annually to make sure its suppliers are operating under ethical guidelines. Dan Henkle, the executive who oversees this inspection process, as well as the company's community investment and environmental affairs efforts, outlines The Gap's corporate responsibility programs in this audio lecture recorded at the 2008 Responsible Supply Chains Conference.
You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.
A massive South African mining conglomerate was debating how to confront the ravages of HIV/AIDS on the workforce. It considered challenges associated with launching an antiretroviral program.
In 1998, the chief executive of Mobil in Indonesia considered how he should respond to allegations that Mobil had been complicit in human rights abuses. The cases reflect on the challenges of managing operations in a place like Aceh.
In an unprecedented move in 1998, Blue Cross of California filed a citizen petition to switch three drugs to over-the-counter status. When the FDA approved, the pharmaceutical companies faced the challenge of developing a strategy for dealing with the threat.
Jack Sheaffer had a unique wastewater treatment system that produced no organic sludge, no odor, and was cheaper than conventional systems. He wanted a business plan that would insulate him from marketplace shocks and found it with the BOOM program of build, own, operate, and maintain.
International Paper has engaged in a plan to lease hunting and camping opportunities on its lands. It now must provide support for environmental management programs in the face of declining demand for hunting areas and increased demand for environmentally friendly forest products.
In the late 1990s, Nike had to deal with allegations that its subcontractors were running sweatshops that were marked by poor working conditions, worker abuse, and below-subsistence wages. Nike responds to the public scrutiny, and takes actions that have an impact on the company and the brand.
This case presents two fictional vignettes dealing with issues in labor law. In one, a company president must deal with a threat from her labor force to unionize; in the other, she must handle a situation in which one of her top salespeople is having an affair with a key customer.
After successful litigation against tobacco companies, lawyers turned their attention to the fast-food industry and its possible connection to obesity. The case details McDonald’s response to the litigation.
Genzyme Tissue Repair had just received favorable phase I clinical trial results. Should the company go ahead with studies that would involve subjects in the placebo group having to undergo surgery but not receive the experimental transplants?
In 1999, Geron Corporation was at the center of the debate about human embryo research. The case details the controversy surrounding Geron’s stem cell research and the role the Ethics Advisory Board played in shaping the company's response.
Two companies are competing to develop a genetic test for breast and ovarian cancer susceptibility. They must grapple with concerns about the ethics involved.
This paper focuses on private politics, activist strategies, and nonmarket strategies of target organizations of NGO activism. A formal theory of an encounter between an activist organization and a target is presented to examine strategies for lessening the chance of being a target and for addressing an activist challenge once it has occurred.
The 2005 G8 debt relief plan certainly sounds generous, but researchers caution it is unlikely to result in large benefits for struggling countries.
A survey of more than 800 MBAs from 11 leading North American and European schools found a substantial number were willing to forgo some financial benefits to work for an organization with a better reputation for corporate social responsibility and ethics.
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.
When a company like Wal-Mart decides to work with suppliers to reduce their emissions, a positive ripple is created throughout the global economy. However, is there room for smaller innovators when it comes to greening the supply chain? In this audio interview, part of the Future of Green series from Stanford's Center for Social Innovation, Professor Gary Gereffi and EDF's Andrew Hutson talk about opportunities for sustainable supply chains in the age of globalization.
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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.
Bringing along the consumer, Method and Zipcar have provided greener alternatives to 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. In this Future of Green open call series from Stanford's Center for Social Innovation, founders Robin Chase of Zipcar and Adam Lowry of Method speak on building a company around a radical and sustainable business model.
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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.
Market practices are changing. 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. In this audio interview, part of The Future of Green series, host Neal Gorenflo speaks with Maurice Bechard of Diversey and Michael Kobori of Levi Strauss & Co. about the motivations for change and how to approach this shift.
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