Tag: purposeful business
Corporate sanctions against Russia indicate a new level of social responsibility
McDonald’s, IKEA, Apple are some of the well-known corporations making a stand against Russia. And this is about more than just good PR.
Company purpose is more than a marketing slogan—it’s a new philosophy
Embedding company purpose requires businesses to think about every process their organisation operates—and accept that there will be trade-offs.
Super League debacle gives ‘fresh impetus’ to campaign for company law reform
Institute of Directors points to the collapse of the European Super League proposal as evidence of the need to reform directors’ duties.
Six key areas of brand activism—and how your company can speak out
After the Capitol riot many US firms felt they could not stay silent. Brand activism is on the rise and boards should be aware of its power.
CEO pay incentives reflect board priorities—and its still shareholder returns
While there are signs of change, our research shows that shareholder primacy continues to underpin performance-related CEO pay.
Watchdog’s ire provoked by ‘vague’ purpose statements
Research by the FRC finds 62% of companies cannot articulate connections between their purpose, values and strategy.
Business leaders want incentives to spur switch to ‘purposeful’ companies
British Academy study reveals 63% of firms are taking steps to become more purposeful, while 55% think there should be government incentives.
The PEP framework: how business can harness the power of purpose
By tapping into corporate purpose and individual management style, PEP fosters outcomes that benefit all stakeholders in a corporate ecosystem.
Business ‘will fundamentally change’ as result of Covid-19 crisis
Professor Colin Mayer says business is experiencing an “existential crisis”—and firms that can define their purpose will come out on top.
No more business as usual: Professor Colin Mayer, Saïd Business School
The British Academy fellow on how business purpose has moved from the slipstream to the mainstream—and how firms with defined values are best placed to survive the current pandemic.