Pepsi has enrolled more than 27,000 of its U.S. employees in the Wireless AMBER Alert Program.
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.
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
Good Capital invests in socially responsible Adina.
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.
For much of its history, Wal-Mart’s corporate management team toiled inside its “Bentonville Bubble,” narrowly focused on operational efficiency, growth, and profits. But now the world’s largest retailer has widened its sights, building networks of employees, nonprofits, government agencies, and suppliers to “green” its supply chains. Here’s how and why the world’s largest retailer is using a network approach to decrease its environmental footprint—and to increase its profitability. —By Erica L. Plambeck & Lyn Denend
Nonprofits must rein in pro bono MBAs. —By James W. Shepard, Jr.
How an ecotourism company and a native community share power in Peru. —By Erin Palm
Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans. —By Srikant M. Datar, Marc J. Epstein, & Kristi Yuthas
From field to factory, Rachel Louise Snyder reveals the real lives behind the making of a pair of jeans. Review by Laura Commike
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.
Companies around the world are trying to figure out how to evaluate their performance--as well as that of their suppliers--on a host of corporate social responsibility (CSR) dimensions in areas such as diversity, community development, and environmental issues. How can CSR influence business initiatives and the value of CSR efforts be measured? In this panel discussion, Stanford 2007 Responsible Supply Chains Conference panelists share lessons and resources.
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For Wal-Mart, social responsibility includes keeping products affordable to the millions of low- and middle-income consumers who form the bulk of its customer base. In this University podcast, Lawrence Jackson, former Wal-Mart president, brings the perspectives of someone who grew up in inner city Washington, D.C., to ask a Stanford audience at the 2007 Responsible Supply Chains Conference whether pushing for social and environmental responsibility in business is a racially and economically segregated movement.
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Amory Lovins continues his discussion on environmental sustainability through a focus on energy efficiency in transportation. In this University podcast, he presents the business case for lighter, more slippery vehicles and criticizes automobile manufacturers for not fully embracing the radical changes necessary to transform the commercial transportation industry.
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Many countries that should be thriving are dragged into poverty and strife by the burden of corruption. The loss goes far beyond the sums that change hands dishonestly; the true price must take the ensuing opportunity costs into account. In this audio lecture, Peter Eigen describes strategies that can be used by companies, governments, and citizens to break the cycle of corruption and lift themselves to more efficient, fair, and honest dealings.
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McDonald's has migrated to India, and with it, a commitment to corporate social responsibility. In this university podcast, executive Abhijit Upadhye discusses how the introduction of the "golden arches" into the subcontinent 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."
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.
The trip to Guatemala gave Sarah Garrett, MBA '08, the opportunity to discover where that cup of coffee that she enjoys daily comes from, seeing the whole process from the farmer growing the beans to the final step of getting that cup of coffee from the servers at Starbucks.
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.
In Africa, GlaxoSmithKline had to determine how to address the AIDS crisis while maintaining business viability. The case details the interventions of Stanford business alumnus Jean-Pierre Garnier to set the public tone for the company and its worldwide operations.
This case describes events with Peruvian intelligence chief Vladimiro Montesinos, his network, and his interventions in affairs of the Newmont Mining Corporation. It provides an inside view of how business gets done where the rule of law is subordinated to political influence.
These notes discuss the AIDS epidemic including history, treatment, drug pricing, and economics.
As the Cisco Foundation, an outgrowth of Cisco Systems, moves beyond its start-up phase, the director of corporate philanthropy wants to assess the philanthropic program’s results. She hopes to evaluate whether the Foundation effectively drew on the company’s core strengths, and whether costs to shareholders had yielded benefits to Cisco and its grantees.
The U.S. energy company AES is in the process of entering the Nigerian market through the acquisition of a controlling equity interest in a power generator project. How does AES juggle its core values and company culture in entering this new environment?
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.
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.
What happens when the nation's largest fast-food chain and a leading environmental advocacy group partner to reduce food packaging waste? Sharing the lessons learned from the groundbreaking success story of an NGO-business model that began 20 years ago and led way for other cross-sector partnerships in sustainability, Environmental Defense Fund's Gwen Ruta and McDonald's Bob Langert, with host Jerry Michalski, kick off The Future of Green open call series.
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How can a company put environmental sustainability into its DNA? In this university podcast, Joao Paulo Ferreira, VP of operations and logistics, talks about Natura Cosmetics Brasil's supply chain and its challenges to embed sustainability concepts into the way it is designed and operated. He discusses the company's culture of collaboration with indigenous communities, NGOs, and other organizations.
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With corporate social responsibility as a business imperative, Levi Strauss has evaluated how well its suppliers are doing on making cotton production more sustainable. In this university podcast, executive Michael Kobori discusses the company's efforts to support organic cotton farming that reduces water use and relies less on child labor, particularly in Uzbekistan.
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For Nike, corporate social responsibility has become a business driver rather than an obligation. In this university podcast, Nike's director of global logistics, Dawn Vance, talks about how the company is integrating performance, innovation, and sustainability throughout the entire supply chain. She also shares new efforts to provide a "closed loop" business model in which products can be reclaimed and reused at the end of their functional life.
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