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With more than half a trillion dollars in revenue, it's worth looking at Walmart's approach to linking purpose with profits, which is about going beyond 'doing good' for public relations reasons and embedding it in core business. Walmart's CEO, Doug McMillon, explains...
We hear a common refrain that companies must have ‘purpose’. It’s the silence that ensues when asking how this can be done while also growing the bottom line that is troubling. However there are companies gaining a competitive edge by addressing the right societal...
In times of turmoil we must look through the noise and see the trends that will shape our future. Crises are not new, however this one is truly systemic and will be the defining global event for most generations alive today. Arundhati Roy furnishes us with:...
The coronavirus pandemic is a not-so-subtle reminder that healthy company profits are a byproduct of a healthy society, and vice versa, highlighting that purpose is no longer a decorative corporate artefact, it is the future of business. As I outline in Connecting...
If you are seeking to link profitable business with social good, how do you overcome design challenges in creating shared value? The Role of Design Design is used extensively in reimagining and implementing social change, yet it has been largely missing in discussions...
The critics of shared value often misunderstand what it is (and isn't), highlighting the need for more discussion about the role it plays. And I come at this as a practitioner who is working with the principles every day with clients across all sectors, not as an...
Companies once regarded corporate social responsibility (CSR) programs as a means for maintaining their licence to operate, but that's now changing. At the recent Australian Food & Grocery Council Future Leaders event in Sydney, I was asked to shake up thinking...
After co-presenting a masterclass in Sydney earlier this year, Andrew Hamilton and I created a resource for shared value measurement - the topic that everyone wanted to talk more about. The Measurement Task and Its Challenges As a relatively new lens used for...
A collaborative mindset is your ticket to play in the competitive and challenging business environment that exists today. So, how do you know if you already have it? Or how do you know what you and your people need to work on? This article outlines the first of the 7...
With the global population growing by 5 billion over the past 100 years and the resulting strains on our natural resources, you'd be brave to argue against the assertion that companies must work more collaboratively. The trend is inevitable. International management...
Australia's Banking Royal Commission has told us what many people suspected, and then some. Charging fees to deceased customers, usurious product advice and persistent fraud, all supported by a lack of interest and proper control from Boards. There's the prospect of...
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