You often see people saying things such as ‘can’t they just stick to business?’ You even see claims that business will be more successful if they just cut out the politics. But is this correct? Can political advocacy be profitable? Corporate Political Advocacy And Negativity Bias Corporate Political Advocacy (CPA) is when a firm takes…
Category: CSR
Negative Externalities Reduce Public Welfare
Christoper Marquis has a follow-up to his book on the B Corp movement, see here. This has many of the same qualities I admired in the earlier book. The best bits explain how business can be better. He has some excellent examples where businesses are making a positive contribution to the world. That said, the…
The UN SDGS And Consumer Research
The UN SDGs (sustainable development goals) are 17 goals members of the United Nations suggest that we need to achieve to deliver a better planet. These goals are not just environmental; they reflect the fact that to have a sustainable planet we need to make it better for all people. We need peace and prosperity…
A New Type Of MBA
The people at LIFT Economy offer a new type of MBA. (Lift Economy includes Ryan Honeyman who co-wrote the B Corp handbook, see here). This Next Economy MBA aims to provide a different/better type of business education. MBA Advice The team covers some standard issues like pricing. The book rightly points out the problem that…
Corporate Social Responsibility
Managers at firms have a long history of seeing their role as more than just making money for their owners. Indeed, many business owners don’t just see business as only a source of profits. One way of discussing the obligations of firms is to discuss Corporate Social Responsibility (CSR). Today I’m looking at a history…
Benefit Corporation Versus B Corp
There are two related terms for coporations that are seeking to do good in addition to doing well. Both terms often apply to such corporations but this isn’t always the case. As such, it is useful to distinguish between them. So lets look at Benefit Corporation Versus B Corp. B Corp A B Corp is…
Competitive Advantage And Social Purpose
How should firms approach competing using their commitment to social and environmental purpose? This was the challenge tackled by Omar Rodríguez-Vilá and Sundar Bharadwaj in their 2017 article published in the Harvard Business Review. (Sundar is a colleague of mine at the University of Georgia). The approach they outline seeks to show a clear way…
Branding For A Purpose
David Aaker’s The Future Of Purpose-Driven Branding is written by a true legend in the field of branding. What is more, his message is a good one. Branding for a purpose is on the up. It has a great future. The Two Jobs Of Purpose-Driven Branding Purpose-driven branding has a great future because branding expertise…
Managing For Stakeholders
My second post on Paul Polman’s (former Unilever CEO) and Andrew Winston’s great book, Net Positive, covers a random bunch of advice and ideas that they give on managing for stakeholders. How best to manage a firm with more than just the shareholders in mind? Better Business Practice Can Lead To Better Opportunities Many in…
Net Positive Business
In the world of sustainable business Paul Polman seems to be the nearest thing to a superstar. Hence his book with Andrew Winston, Net Positive, will get a big audience which is a very good thing. It seeks to give Polman’s view of business which was central to his tenure as Unilever CEO, a net…
