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  • Cited by 12
Publisher:
Cambridge University Press
Online publication date:
January 2016
Print publication year:
2016
Online ISBN:
9781107415942

Book description

Managing Corporate Impacts draws on the insights and experiences of managers from around the world to examine how companies can manage corporate impacts to co-create enduring value for business and society. Corporate impacts - the points at which businesses create or destroy value with others - extend well beyond financial impacts to include the workplace, procurement and delivery of goods and services, and shaping perceptions held about corporate behavior. This book uses simple frameworks to demonstrate why and how today's corporations co-create enduring value with multiple stakeholders simultaneously. By introducing multiplier effects and spillover effects, the frameworks move the attention of management beyond direct impacts to examine indirect impacts that create or destroy value connected to the core of the business. By purposely connecting with stakeholders through information-sharing, and effectively managing myriad impacts along supply and distribution chains, companies are poised to provide solutions and co-create value.

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Contents

  • 1 - Corporate impacts: focusing on relationships and outcomes
    pp 1-33

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Examples of web-based resources

  1. I. Impacts via core business practices

    1. a. Financing: SR investors, stock indexes, research and investment firms, organizations with SR investments, microfinance organizations

    2. b. Governance, employees: diversity, governance, employee relations

    3. c. Working conditions: employees/human rights—regulations

    4. d. Social entrepreneurship

  2. II. Impacts through the value chain and industry coalitions

    1. a. Regional/national business principles, ratings, verification, and standards setting

  3. III. Impacts shaping global expectations:

    1. a. Global business principles/industry coalitions

    2. b. Global policy, standards

    3. c. Reports, ratings, rankings, surveys

    4. d. Ratings and rankings

    5. e. Activists

  4. IV. Press, magazines, newsletters, online

  5. V. Academic centers, institutes, journals, think tanks

I. Impacts via core business practices

a. Financing: SR investors, stock indexes, research and investment firms, organizations with SR investments, microfinance organizations

SR investors

Stock indexes with sustainability orientation

Research and investment-oriented firms

Social investment, other organizations

Microfinance organizations

Social investment professional organizations/associations

b. Governance, employees: diversity, governance, employee relations

Governance

Thought leaders: business principles, governance, employees

c. Working conditions: employees/human rights—regulations

d. Social entrepreneurship

II. Impacts through the value chain and industry coalitions

a. Regional/national business principles, ratings, verification, and standards setting

III. Impacts shaping global expectations

a. Global business principles/industry coalitions

b. Global policy, standards

c. Reports, ratings, rankings, surveys

d. Ratings and rankings

e. Activists

IV. Press, magazines, newsletters, online

V. Academic centers, institutes, journals, think tanks

Academic-affiliated organizations and units

Selective academic journals related to business in society

Selective business membership organizations

Other institutions

Alternative ways of measuring quality of life/progress

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