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Category Archives: CSR & Sustainability
Business as a source of Social Innovation: part 3- Social well-being
In this last post of a series of 3, I talk about how businesses can be a source of socio-economic well-being for employees and communities in which they operate. Continue reading
Business as a source of Social Innovation: part 2- Environmental Stewardship
Enterprises should use resources in a responsible fashion — reduce utilization and waste, recycle, and adopt renewable energies. Unfortunately, economic systems are not well-suited to address environmental issues. Businesses have a short-term perspective and limited geographic impact. Environmental issues evolve over long time periods and have global implications. Continue reading
Business as a source of Social Innovation: part 1- New products, services or markets
In what ways can businesses be a source of social innovation? There are three broad areas where socially innovative businesses should focus their efforts: New products, services or markets; Environmental stewardship; Social well-being of their employees and the communities in which they operate. Continue reading
Posted in CSR & Sustainability, Marketing, Social Business, Social Innovation, Strategy
Tagged business, Environment, Innovation, Mohamed Yunus, social innovation
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The state of Impact investing according to the Rockefeller Foundation
The Rockefeller Foundation just released its report on impact investment titled: Accelerating Impact- Achievements, Challenges and What’s Next in Building the Impact Investing Industry. It provides a snapshot in time of the state of this emerging sector. Continue reading
10 Ways to reduce global poverty according to Paul Collier and C.K. Prahalad
This blog post is a follow-up to last week’s discussion about Collier and Prahalad’s respective perspectives on international development. It looks at 10 suggestions to reduce global poverty. Continue reading
Posted in CSR & Sustainability, Social Innovation
Tagged Africa, Aid, business, NGO's, Paul Collier, Poverty, Prahalad, Trade
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How to help the poorest of the poor, C.K. Prahalad VS. Paul Collier
I believe both Paul Collier and C.K. Prahalad’s solutions to ending poverty are valid yet neither one of them, alone, will end global poverty. Combined, they can have a lasting effect on the world in which we live. Continue reading
Posted in CSR & Sustainability, Non-profits, Social Business
Tagged Africa, Bottom Billion, Brazil, business, C.K. Prahalad, Corruption, India, Paul Collier, Poverty, transparency
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The 4 major challenges of social enterprises
Earlier this week, I attended an online webinar hosted by Stanford Social Innovation Review. The topic was “The Hybrid Ideal”. A panel of researchers presented their latest work about the rise of social enterprises, which they call hybrid organizations. Continue reading
Barclays, GSK. How to fix corruption in large corporations.
“We have a profound issue — that is, an industry-wide issue, not just a Barclays issue” That’s what the former CEO of Barclays stated in front of a British parliamentary panel. This statement exemplifies the state of many businesses, from health-care fraud to bribery; this has not been a good year for corporate social responsibility. Continue reading
Posted in CSR & Sustainability, Healthcare, Leadership and management, Marketing, Strategy
Tagged Banking, Barclays, Corruption, CSR & Sustainability, Drugs, Ethics, GSK
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10 governance lessons from Europe
The following are 10 insightful comments from Daems and Leterme on good corporate governance. Continue reading
Medical equipment matters: the aid vs. development paradigm
Up to 70% of donated medical equipment is never put into use in its new home. Why are donations often so ineffective? I would argue that it is because they form part of an aid response to the issue, when what is really needed is a development response. Continue reading
Posted in CSR & Sustainability, Healthcare, Non-profits
Tagged Africa, Aid, Development, Healthcare, Hospitals, Medical devices, WHO
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