Wharton and London Business School research shows employee welfare and financial returns are linked

Alex Edmans is professor of finance at London Business School and Wharton.  He’s been researching the links between investing in employee welfare, and financial returns.  Alex’s prior research shows that companies listed in some “Best Companies To Work For” lists beat the market by 2 to 3 per cent per year over a 26 year…

  • Sep 1, 2014
  • CSR and Sustainability
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Ten key lessons on sustainable innovation

I recently moderated a session on business models and innovation at the Centre for Sustainable Design’s conference titled “Collaboration, Co-creation & New Business Models” and organised by Martin Charter. More about it all can be found here. Here below are Martin’s ten key take aways from the conference. Foresight: adaption to climate change, circular economy &…

“Most innovative” companies ranked by consultants BCG, who ignore own research…

Lots of tech companies, unsurprisingly More on all this, here. Sustainability issues and innovations don’t seem to be taken into account, at least as far as one can tell. Odd considering BCG consultants seem to regard themselves as sustainability experts too. Look at this recent report they co-authored, the Innovation Bottom Line, all about sustainability….

  • Feb 15, 2013
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McKinsey CEO interviews on leadership

Here are some McKinsey CEO / Leadership interviews which ought to be useful weekend reading. McKinsey seem to have stopped asking you to log-in to their website to read these, thankfully:  An interview with Daniel Vasella, Chairman, Novartis Key quotes: “what we see is a paradox: people seem to have less trust in government, yet…

Sustainable business innovation in action: Nike and waterless dyes

Here’s a great story about how sustainability and innovation can work hand in hand: “Color It Green: Nike to Adopt Waterless Textile Dyeing“. This is particularly significant considering that: “Textile coloring and treatment accounts for between 17 percent and 20 percent of global industrial pollution, according to The World Bank, including 72 toxic chemicals in…

  • Feb 21, 2012
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Two cokes and a sustainability plan please

Ever wondered exactly what the difference is between the Coca-Cola Company and Coca-Cola Enterprises? I wasn’t clear, so I asked Joe Franses. Oh, and we talked about some greener related stuff too: Coca-Cola Enterprises and sustainability strategy and implementation Joe Franses, head of corporate responsibility and sustainability at Coca-Cola Enterprises, discusses the company’s new sustainability…

Jim Collins on employee engagement that works

Here’s some great advice from Jim Collins on how not to demotivate employees. Worth three minutes. The best leaders, says Collins, don’t worry about motivating people. They hire passionate employees and don’t extinguish their passion. There’s a big difference. What demotivates workers?  1) Hype: a failure to acknowledge the real difficulties the organization faces  2) Futurism: Always…

The need to link ethics and sustainability, and why language, not terminology, matters

I was at a meeting with some lawyers and anti-corruption consultants recently. During the meeting it became obvious that whilst they were interested in the ethics angle of anti-corruption compliance, sustainability didn’t register as relevant. They looked bemused when I mentioned it in a similar context to corporate ethics. Ethics itself, is often looked at…

  • Oct 11, 2011
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The best of Ethical Corporation’s management analysis

Here’s a link to a new publication Ethical Corporation has just released. It’s called “Smart Strategy for Sustainable Business“. The PDF is a sixty page round-up of the best of our management articles in the last two years. If you are subscriber you can get it for free by emailing subs@ethicalcorp.com If you’d like to buy…

Post UBS, is a culture audit such a bad idea?

Yes, it sounds like lunacy. Or at least, hippie nonsense. But it’s not. A culture audit MAY be just what you need. Given the importance of culture in embedding sustainability, working out what yours looks like makes a lot of sense. UBS appears not to have had any, which may be more the problem than…