This document discusses the need for businesses to transition towards becoming "Corporation 2020" entities that generate positive social and environmental externalities. It notes that currently, the top 3,000 listed companies generate around $2.15 trillion in annual negative externalities. The speaker advocates for businesses to measure and report on their impacts across financial, human, social and natural capital. This more holistic approach would help businesses align their goals with society and become institutions that create shared value for all stakeholders. Key characteristics of "Corporation 2020" are goal alignment with society, generating positive externalities, prioritizing community, and operating as an institute.
America21 promotes Inclusive Competitiveness Economic Strategies as an effective approach that is grounded in principles of economic competitiveness and inclusion – Inclusive Competitiveness – and further extends proven innovation- and technology-based economic development strategies to seed the next generation of innovators, entrepreneurs and employees within urban communities and metropolitan centers.
Role of business in economic developmentM S Siddiqui
Policy makers need to create structured long term funding schemes with extended moratorium periods to support young entrepreneurs in the start-up stage and smooth run of business under self-regulations with minimum bureaucratic control. The bureaucratic control is expensive and regressive of creation of new business and development of entrepreneurship.
Inclusive Competitiveness: Empowering Underrepresented Ohioans to Compete in ...ScaleUp Partners LLC
The Ohio Board of Regents on Oct. 14, 2014 unanimously adopted the report Inclusive Competitiveness: Empowering Underrepresented Ohioans to Compete in the Innovation Economy. The action marked a turning point in the history of America from an exclusive economic landscape of the past toward a future frontier of economic inclusion.
Johnathan Holifield is both architect and author of this extraordinary vision and strategy of Inclusive Competitiveness that is now statewide policy in Ohio, a perennial political battleground state.This bipartisan embracing of a shared economic vision will be inculcated throughout the Ohio system of higher education.
Indeed, this is historic news and worth of emulation by all states across America.
ScaleUp Partners is America's only economic development consultancy focused on inculcating Inclusive Competitiveness: improving the competitive performance of underrepresented populations in the innovation economy.
Our approach relies upon three priorities:
1. Changing the economic narrative across underrepresented populations in urban and rural regions
2. Inculcating Inclusive Competitiveness policies and strategies in regions across the U.S.
3. Connecting economically disconnected communities to local innovation ecosystems and economic opportunity
We believe:
STEAM education (science, technology, engineering, arts and math) is a critical educational prerequisite to access the dual pipelines of productivity:
A. High-wage, tech-based workforce
B. High-growth, tech-driven entrepreneurship
ScaleUp Partners assists regions in achieving their economic competitiveness goals through development of Inclusive Competitiveness strategies and frameworks.
We work with educational institutions, foundations, policymakers, elected leadership, tech-based economic development organizations, community development organizations, small businesses, entrepreneurs, funders and equity investors, and regional development organizations nationwide.
Presentación en power point en inglés de la herramienta de la herramienta "The Inclusive Business Challenge: Identifying opportunities to engage low-income communities across the value chain // (El desafío de los negocios inclusivos: Identificando oportunidades para involucrar comunidades de bajos ingresos a través de la cadena de valor), desarrollada por el WBCSD. Para descargar la herramienta completa en http://www.wbcsd.org
America21 promotes Inclusive Competitiveness Economic Strategies as an effective approach that is grounded in principles of economic competitiveness and inclusion – Inclusive Competitiveness – and further extends proven innovation- and technology-based economic development strategies to seed the next generation of innovators, entrepreneurs and employees within urban communities and metropolitan centers.
Role of business in economic developmentM S Siddiqui
Policy makers need to create structured long term funding schemes with extended moratorium periods to support young entrepreneurs in the start-up stage and smooth run of business under self-regulations with minimum bureaucratic control. The bureaucratic control is expensive and regressive of creation of new business and development of entrepreneurship.
Inclusive Competitiveness: Empowering Underrepresented Ohioans to Compete in ...ScaleUp Partners LLC
The Ohio Board of Regents on Oct. 14, 2014 unanimously adopted the report Inclusive Competitiveness: Empowering Underrepresented Ohioans to Compete in the Innovation Economy. The action marked a turning point in the history of America from an exclusive economic landscape of the past toward a future frontier of economic inclusion.
Johnathan Holifield is both architect and author of this extraordinary vision and strategy of Inclusive Competitiveness that is now statewide policy in Ohio, a perennial political battleground state.This bipartisan embracing of a shared economic vision will be inculcated throughout the Ohio system of higher education.
Indeed, this is historic news and worth of emulation by all states across America.
ScaleUp Partners is America's only economic development consultancy focused on inculcating Inclusive Competitiveness: improving the competitive performance of underrepresented populations in the innovation economy.
Our approach relies upon three priorities:
1. Changing the economic narrative across underrepresented populations in urban and rural regions
2. Inculcating Inclusive Competitiveness policies and strategies in regions across the U.S.
3. Connecting economically disconnected communities to local innovation ecosystems and economic opportunity
We believe:
STEAM education (science, technology, engineering, arts and math) is a critical educational prerequisite to access the dual pipelines of productivity:
A. High-wage, tech-based workforce
B. High-growth, tech-driven entrepreneurship
ScaleUp Partners assists regions in achieving their economic competitiveness goals through development of Inclusive Competitiveness strategies and frameworks.
We work with educational institutions, foundations, policymakers, elected leadership, tech-based economic development organizations, community development organizations, small businesses, entrepreneurs, funders and equity investors, and regional development organizations nationwide.
Presentación en power point en inglés de la herramienta de la herramienta "The Inclusive Business Challenge: Identifying opportunities to engage low-income communities across the value chain // (El desafío de los negocios inclusivos: Identificando oportunidades para involucrar comunidades de bajos ingresos a través de la cadena de valor), desarrollada por el WBCSD. Para descargar la herramienta completa en http://www.wbcsd.org
Module 5 social enterprise - a key integration and progression toolcaniceconsulting
Having come through Modules 1-3, you should be coming to this module enthused and inspired, bursting with ideas of how you can improve your Interface Community. In this module we will look at social entrepreneurship in more detail as a key integration and progression tool.
The economic and business case for global LGB&T inclusion.
Open For Business is a coalition of global companies making the case that inclusive, diverse societies are better for business and better for economic growth. The purpose of the coalition is to promote a positive business and economic case for equality of opportunity for everyone, all across the world.
They have published a comprehensive report, written by Brunswick partners, Jon Miller and Lucy Parker, which shows that successful businesses thrive in open, diverse and inclusive societies.
For more information visit: www.open-for-business.org
The Digital International Youth Forum is an international platform that aims to create the largest Youth Based Content, and promote the youth on an international level. We offer youth an opportunity to create and shape their own unique experiences through the wide range of interactive and leadership activities.
The forum will build content from youth leaders, and contributors from all over the world in the fields of Global Citizenship, Young Entrepreneurship, Empowering Women, Smart Living, Entertainment and Gaming, Future Sports, Environmental Products, Youth Finance, and Education and Training. The participants are expected to be actively participating in building the content, and make benefit of the loaded webinars and resources. The forum is self paced, and no physical presence will be required. It is all digital.
South Africa ranks in the top four most giving nations, we explore a new platform for social justice and accountability; and a recent survey suggests MOOCs are failing to educate the poor.
Shared Value and Sustainable EntrepreneurshipEdward Erasmus
Slides of my guest lecture during the kick-off event for the project of Sustainable Entrepreneurship (3rd year students of the Faculty of Accounting, Finance and Marketing, University of Aruba)
Integration Of Social Responsibility In Financial Communitiessaydfarook
Presented at the 9th Harvard University Forum on Islamic Finance, Austin Hall, 27-28 March 2010 with my visionary friend and colleague, Rafi-uddin Shikoh, addressing how financial communities can integrate social responsibility into their activities utilising the illustration of Islamic finance, with it\'s well defined moral parameters and guidelines, that lay a foundation for sustainable integration of these concepts in arguably one of the most socially irresponsible sectors of the economy.
Youth entrepreneurship is the attitude, skills and knowledge of a young person to identify the opportunity to create added value both social and economic and the actions to take advantage of this opportunity. This article analyzes the concept of entrepreneurship, the advantages and disadvantages of youth entrepreneurship, conducts a study of youth entrepreneurship, and presents conclusions. Margarita IÅ¡oraite "Youth Entrepreneurship Research Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33591.pdf Paper Url: https://www.ijtsrd.com/management/management-development/33591/youth-entrepreneurship-research-analysis/margarita-i%C5%A1oraite
Prof. Mervyn King's presentation on integrated reporting during the International Federation of Accountants’ Council Seminar, A Fundamental Shift in Corporate Reporting.
Background information for 3rd year students of the Faculty of Accounting, Finance and Marketing, University of Aruba, project: Corporate Social Responsibility (Aruba).
Module 5 social enterprise - a key integration and progression toolcaniceconsulting
Having come through Modules 1-3, you should be coming to this module enthused and inspired, bursting with ideas of how you can improve your Interface Community. In this module we will look at social entrepreneurship in more detail as a key integration and progression tool.
The economic and business case for global LGB&T inclusion.
Open For Business is a coalition of global companies making the case that inclusive, diverse societies are better for business and better for economic growth. The purpose of the coalition is to promote a positive business and economic case for equality of opportunity for everyone, all across the world.
They have published a comprehensive report, written by Brunswick partners, Jon Miller and Lucy Parker, which shows that successful businesses thrive in open, diverse and inclusive societies.
For more information visit: www.open-for-business.org
The Digital International Youth Forum is an international platform that aims to create the largest Youth Based Content, and promote the youth on an international level. We offer youth an opportunity to create and shape their own unique experiences through the wide range of interactive and leadership activities.
The forum will build content from youth leaders, and contributors from all over the world in the fields of Global Citizenship, Young Entrepreneurship, Empowering Women, Smart Living, Entertainment and Gaming, Future Sports, Environmental Products, Youth Finance, and Education and Training. The participants are expected to be actively participating in building the content, and make benefit of the loaded webinars and resources. The forum is self paced, and no physical presence will be required. It is all digital.
South Africa ranks in the top four most giving nations, we explore a new platform for social justice and accountability; and a recent survey suggests MOOCs are failing to educate the poor.
Shared Value and Sustainable EntrepreneurshipEdward Erasmus
Slides of my guest lecture during the kick-off event for the project of Sustainable Entrepreneurship (3rd year students of the Faculty of Accounting, Finance and Marketing, University of Aruba)
Integration Of Social Responsibility In Financial Communitiessaydfarook
Presented at the 9th Harvard University Forum on Islamic Finance, Austin Hall, 27-28 March 2010 with my visionary friend and colleague, Rafi-uddin Shikoh, addressing how financial communities can integrate social responsibility into their activities utilising the illustration of Islamic finance, with it\'s well defined moral parameters and guidelines, that lay a foundation for sustainable integration of these concepts in arguably one of the most socially irresponsible sectors of the economy.
Youth entrepreneurship is the attitude, skills and knowledge of a young person to identify the opportunity to create added value both social and economic and the actions to take advantage of this opportunity. This article analyzes the concept of entrepreneurship, the advantages and disadvantages of youth entrepreneurship, conducts a study of youth entrepreneurship, and presents conclusions. Margarita IÅ¡oraite "Youth Entrepreneurship Research Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33591.pdf Paper Url: https://www.ijtsrd.com/management/management-development/33591/youth-entrepreneurship-research-analysis/margarita-i%C5%A1oraite
Prof. Mervyn King's presentation on integrated reporting during the International Federation of Accountants’ Council Seminar, A Fundamental Shift in Corporate Reporting.
Background information for 3rd year students of the Faculty of Accounting, Finance and Marketing, University of Aruba, project: Corporate Social Responsibility (Aruba).
OECD Workshop: Measuring Business Impacts on People’s Well-being, Chris PinneyStatsCommunications
OECD Workshop: Measuring Business Impacts on People’s Well-being, 23-24 February 2017, Paris, France, More information at: http://www.oecd.org/statistics/oecd-workshop-on-measuring-business-impacts-on-peoples-well-being.htm
Presentation to the Mid-Atlantic Community Development Institute on definitions of economic development, trends impacting the need for economic development, and frameworks for acting on local economic development.
Why is it essential for workforce development and economic development to joi...Colleen LaRose
Why is is essential for workforce development and economic development to join forces in each region? Because they need a coordinated strategy for job creation!
The future of the workforce is being driven by technology. The impact of technology, responses of the workforce to technology and needed responses by government to these changes in the workforce are discussed in this presentation. This presentation was given to the International Economic Development Leadership Summiit on January 29th, 2013 as part of a panel on "The Evolving Nature of Today's Workforce"
Marketing & The Business "Stuff" - What Social Enterprises Need to Know!Olwen Dawe
Presentation given to the "Fostering Community Enterprise Resilience in Roscommon" conference, March 2013. An overview on the role of business techniques in social and community organisation's sustainability.
What is social enterprise nccu cedi presentationJeff Stern
This is a presentation on social enterprise for nonprofits, to be given April 9th at "Marketing Strategies: Tools for Nonprofits and Social Enterprises," a free half-day workshop hosted by The NCCU Community Economic Development Initiative. Registration is free and more info is available at http://nccunonprofit.org/about.html
Presentation given by Prof. Mervyn King during the International Federation of Accountants (IFAC) integrated reporting seminar, A Fundamental Shift in Corporate Reporting, November 14, 2012.
Explore the multifaceted world of Muntadher Saleh, an Iraqi polymath renowned for his expertise in visual art, writing, design, and pharmacy. This SlideShare delves into his innovative contributions across various disciplines, showcasing his unique ability to blend traditional themes with modern aesthetics. Learn about his impactful artworks, thought-provoking literary pieces, and his vision as a Neo-Pop artist dedicated to raising awareness about Iraq's cultural heritage. Discover why Muntadher Saleh is celebrated as "The Last Polymath" and how his multidisciplinary talents continue to inspire and influence.
2137ad Merindol Colony Interiors where refugee try to build a seemengly norm...luforfor
This are the interiors of the Merindol Colony in 2137ad after the Climate Change Collapse and the Apocalipse Wars. Merindol is a small Colony in the Italian Alps where there are around 4000 humans. The Colony values mainly around meritocracy and selection by effort.
2137ad - Characters that live in Merindol and are at the center of main storiesluforfor
Kurgan is a russian expatriate that is secretly in love with Sonia Contado. Henry is a british soldier that took refuge in Merindol Colony in 2137ad. He is the lover of Sonia Contado.
The perfect Sundabet Slot mudah menang Promo new member Animated PDF for your conversation. Discover and Share the best GIFs on Tenor
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thGAP - BAbyss in Moderno!! Transgenic Human Germline Alternatives ProjectMarc Dusseiller Dusjagr
thGAP - Transgenic Human Germline Alternatives Project, presents an evening of input lectures, discussions and a performative workshop on artistic interventions for future scenarios of human genetic and inheritable modifications.
To begin our lecturers, Marc Dusseiller aka "dusjagr" and Rodrigo Martin Iglesias, will give an overview of their transdisciplinary practices, including the history of hackteria, a global network for sharing knowledge to involve artists in hands-on and Do-It-With-Others (DIWO) working with the lifesciences, and reflections on future scenarios from the 8-bit computer games of the 80ies to current real-world endeavous of genetically modifiying the human species.
We will then follow up with discussions and hands-on experiments on working with embryos, ovums, gametes, genetic materials from code to slime, in a creative and playful workshop setup, where all paticipant can collaborate on artistic interventions into the germline of a post-human future.
The Legacy of Breton In A New Age by Master Terrance LindallBBaez1
Brave Destiny 2003 for the Future for Technocratic Surrealmageddon Destiny for Andre Breton Legacy in Agenda 21 Technocratic Great Reset for Prison Planet Earth Galactica! The Prophecy of the Surreal Blasphemous Desires from the Paradise Lost Governments!
1. ETUI
The social-ecological transition: the role of business and labour
Brussels, 23rd May 2014
“Corporation 2020”
Transforming Business for Tomorrow’s World
Pavan Sukhdev,
Founder & CEO, GIST Advisory
Author, “Corporation 2020”
3. 74.9%
Is a ‘Green Economy’ Possible without
greening the Private Sector?
U.S. Gross Value Added
7.1%
5.5%
12.5%
Private Business
Households
Nonprofit institutions
serving households
Government
Total = GDP (US$14,526.5 billion)
(eg: USA)
2010 data. Source: U.S. Bureau of Economic
Analysis
4. Sustainable Development,
Green Economy, Corporation 2020…
Without a “Green Economy” we
cannot achieve the goals of
“Sustainable Development”
www.unep.org/greeneconomy
Without “Corporation 2020” we
cannot deliver a “Green Economy”
www.corp2020.com
@corp2020
5. “Corporation 1920”
Four Defining Behaviours
Pursuit of Size
Active Lobbying
Leverage without Limits
Advertising without Ethics
….
6. “Corporation 1920”
Four Defining Behaviours
Pursuit of Size
Active Lobbying
Leverage without Limits
Advertising without Ethics
…. Causing “Negative Externalities”
7. “Externalities”… Global Picture
Negative externalities of top 3,000 companies
estimated at US$2.15 trillion per annum
Source: Trucost for UNPRI, 2010.
15. Key Featre of “Corporation 2020”
Creating Positive Externalities, not Negative..
Type of
Capital
Category of
Stakeholder
Stakeholder Expectations
Financial
Capital
- Shareholders
- Government
- Creditors
- Sustainable Growth in Profits
- Sustainable Tax Payment
- Capital to Withstand Losses
Human
Capital
- Employees
- Youth
- Customers
- Society
- Sustainable Incomes (“careers”)
- Vocational Training
- Sustainable Service Quality
- No Health Damage
Natural
Capital
- Society
- Planet
- Carbon Neutrality
- Sustainable use of Resources &
No Biodiversity Losses
Evolution
of the
Corporation
From : “Corporation 2020”
16. Why “Stakeholder Reporting?”
Business today depends on, and/or has impacts on, ALL
dimensions of private & public wealth… but..
EXAMPLES Physical Capital Human Capital Social Capital Natural Capital
Private
Ownership
- Factories
- Buildings
- Securities
- Cash
- Health
- Education
- Job Skills
- Gardens
- Fields
- Forests
Community
Ownership *
(club goods)
- Community
Centres
- Community
Schools
- Traditional
knowledge
- Community
Norms and
Customs
- Community
Forests
- Grazing
Commons
Public
Ownership *
(public goods)
- Roads
- Bridges
- Public
databases
- Non-patent
knowledge
- Law & Order
- Taxation
- Social Equity
& Inclusion
- High Seas
fisheries
- National
Parks/
Forests
* Creating community wealth and public wealth creates “shared value”
17. Why “Stakeholder Reporting?”
Business today generally measures & reports only
shareholder wealth impacts: private physical capital
EXAMPLES Physical Capital Human Capital Social Capital Natural Capital
Private
Ownership
- Factories
- Buildings
- Securities
- Cash
- Health
- Education
- Job Skills
- Gardens
- Fields
- Forests
Community
Ownership
(club goods)
- Community
Centres
- Community
Schools
- Traditional
knowledge
- Community
Norms and
Customs
- Community
Forests
- Grazing
Commons
Public
Ownership
(public goods)
- Roads
- Bridges
- Public
databases
- Non-patent
knowledge
- Law & Order
- Taxation
- Social Equity
& Inclusion
- High Seas
fisheries
- National
Parks/
Forests
18. Why “Stakeholder Reporting?”
Business for a sustainable tomorrow – will measure &
report on ALL dimensions of its impacts …
EXAMPLES Physical Capital Human Capital Social Capital Natural Capital
Private
Ownership
- Factories
- Buildings
- Securities
- Cash
- Health
- Education
- Job Skills
- Gardens
- Fields
- Forests
Community
Ownership *
(club goods)
- Community
Centres
- Community
Schools
- Traditional
knowledge
- Community
Norms and
Customs
- Community
Forests
- Grazing
Commons
Public
Ownership *
(public goods)
- Roads
- Bridges
- Public
databases
- Non-patent
knowledge
- Law & Order
- Taxation
- Social Equity
& Inclusion
- High Seas
fisheries
- National
Parks/
Forests
19. How Stakeholder Reporting?
GIST 360 ™ Assessment Scope
Reported Value
Addition
Human Capital
Externalities
Social Capital
Externalities
Natural Capital
Externalities
Measuring “Value Addition” holistically, including all material Externalities
20. Positive Human Capital Externalities
Human Capital Factory for IT Talent: INFOSYS
Mysore Campus, Infosys
- World-class Training for 30,000 p.a.
- Attrition feeds trained IT talent to the world
- Positive externalities over US$ 1 billion p.a.
21. What is “Human Capital”?
• “Human Capital refers to the knowledge, skills, competences, and other
attributes embodied in individuals that are relevant to economic activity”
(OECD, 1998).
• Among the most important assets and a key determinant of country’s
overall economic performance
• Among the most important assets for any business and a key determinant
of business performance
• One of the “Six Capitals” in IIRC’s recent consultation draft of their
“Integrated Reporting” framework (<IR>, 2013)
• Neither national accounts nor business accounts reflect human capital
creation or loss, nor human capital externalities
22. Levels & Dimensions of Human Capital
Dimension/
Level Politics Economy Sociology Psychology
Increase skills
Individual
level
Increase earnings Increase equality
Increase self-esteem
Company /
Organisation
Comply with
norms and
regulations
Increase
competitiveness
Improve image /
brand value, &
secure social
licence to
operate
Improve
workplace
environment
Government
/ Economy
Complement
labour market
and employment
policies
Drive innovation;
Create incomes
from & share
costs of
education and
skills training
Value knowledge
& skills;
Implement life-long
learning
concept
Add dynamism to
government, &
permanence to
the economy
Level and Dimensions of Human Capital (Adapted from CEDEFOP, 2001)
23. Progress of Corporate Reporting on
Human Capital: the last 50 years
Stage 4 - From early/mid 1990s - Human
Capital as Benchmark of Human
Resources
Stage 3 - From early 1990s - Human
Capital within globally oriented
management frameworks
Stage 2 - From late 1970s - Human
Capital within internally oriented
management frameworks
Stage 1 - From early 1960s - Human
Capital within accounting frameworks
24. Approaches to Valuing Human Capital
Cost-based
Approach
Originates from
Engel's (1883) cost-of-
production method
Based on hisorical
cost of production of
human capital; via
depreciation of value
of total amount spent
on an individual
Income-based
Approach
Jorgenson &
Fraumeni (1989,
1992), Lev &
Schwartz (1971)
Based on discounted
values of future
stream of lifetime
earnings of an
individual
Educational
Stock-based
Approach
Le, Gibson and Oxley
(2006); Barro and Lee
(1993, 1996, 2001)
Based on actual and
opportunity costs of
formal education, on-the-
job training,
specific training, etc.
26. Positive Social Capital Externalities
A Business Model delivering Social Benefits: NATURA
1.4 million housewives earn 33% sales commission
- Economic security improves family & social status for women
- Training is used to sell other companies’ goods
- Greater proportion of household expenditure on health & education
- Increased labour market flexibility and efficiency
http://totallybeautyaddict.fr/mon-jolieapero-chez-natura-brasil/
Source: http://www.managementexchange.com/story/innovation-in-well-being
27. What is “Social Capital”?
• Social Capital can be defined (source: IIRC) as “the institutions and
relationships established within and between communities, groups of
stakeholders and other networks, and the ability to share information, to
enhance individual and collective well-being. Social and relationship capital
includes:
• Shared norms & common values and behaviours
• Key relationships and the trust and loyalty that an organization has
developed and strives to build and protect with customers, suppliers
and business partners
• An organization’s social licence to operate”
• Some business models, company policies and CSR activities are designed to
improve such institutions and relationships, and in doing so, will usually
generate positive externalities (eg: improvements in public health, societal job
creation, environmental conditions, etc.).
28. What will drive change?
Macro Issue Micro Driver Micro Solution
Excessive Demand
Culture of
Consumerism
Fuelled by
Marketing/ Advtg
Ethics &
Accountability in
Advertising
Public Capital Losses Externalized costs
Measure & Disclose
Externalities
Underpriced Supply Unlimited leverage
Limit
Leverage/capital
adequacy/etc.
Resource Depletion
Underpriced
resources
(Low royalties /
perverse subsidies)
Resource Taxes
replace corporate
taxes
29. What will define a “Corporation 2020”?
Four Characteristics
Goal Alignment with Society
Positive Externalities
“Community”
“Institute”
30. “Corporation 2020” views of
Labour and the Community
Mondragon: “Risking capital to create labour, not
risking labour to create capital”
Tata: “The community is not merely a stakeholder in
the business, it is its very purpose”
Notes:
From Monograph 5
Examples –
expenditure on primary education generates streams of future incomes, but this expense is regarded as consumption rather than investment in traditional accounting practices.
Other unaccounted human capital enhancing expenses include direct expenditures on health, internal migration to access better job opportunities, earnings forgone by potential labour force (students over 18 still attending school), workers acquiring on-the-job training, and use of leisure time to improve skills and knowledge.
Strengthens social fabric
Empowers women economically (1.2 million sales agents)
Allowing part-time work reduces a labor market bottleneck
Ripple effects on children’s and household welfare
References:
Adams, C. et. al. (2013) ‘Capitals: Background Paper for <IR>’ International Integrated Reporting Council; Available at: <http://www.theiirc.org/wp-content/uploads/2013/03/IR-Background-Paper-Capitals.pdf>
Accounting for externalities
New taxation structures
Remove US$650b in annual subsidies for fossil fuels
Tax the bads, not the goods
Limited leverage
Accountable advertising
There are four basic qualities that I believe will be salient in the corporation of the future. They are Institute, Goal Alignment, Capital Factory, and Community. I will take each one in turn to explain what I mean by each of these terms.
There are four basic qualities that I believe will be salient in the corporation of the future. They are Institute, Goal Alignment, Capital Factory, and Community. I will take each one in turn to explain what I mean by each of these terms.