They all work very well in my mental 'S. In order to do so, I begin by asking: how is value to society currently being destroyed by economic activities? The goal of institutional effectiveness is as important as more lofty social and environmental ideals. In a complex, interconnected, globalising world, companies and their critics will have to become far more sophisticated in combining international norms with local contexts, finding local solutions that are culturally appropriate, without forsaking universal principles. With an array of cases Visser guides you through the evolution of business responsibility — from the Ages of Greed, Philanthropy, Misdirection and Management to the Age of Responsibility — and shares the five principles of sustainable business actions. Wayne Visser does us all a service in exploring the opportunities and challenges that such responsibility entails.
Thus, with an adequate knowledge and understanding, concrete steps will be taken in order to reduce the causative factors and also lessen the impacts. A good example of responsiveness is the Corporate Leaders Group on Climate Change. Nor can we continue to gamble with prospect of dangerous — and perhaps catastrophic and irreversible — climate change. In an age when corporate responsibility is a must for most large businesses, Wayne Visser reminds us that global environmental and social pressures show little sign of receding. And when the rights are unbridled rights of giant corporations they trample on the earth and people. There is hope and optimism but only if we are brave and bold enough to re-engineer corporate responsibility.
His systems thinking approach to such an important topic was refreshing and much needed. It has already changed me. On the one hand, he remains confident in the powers of consultation and dialogue, and sees in every challenge an opportunity to grow cooperatively, ethically, and democratically. Friedman addresses this new audience accordingly, arguing for a collaborative effort to face new challenges that demand of us speed, innovation, and commitment. In the context of a plethora of worsening social, environmental and ethical negative conditions often associated with economic growth and industrial activity, I am proposing Integrated Value as a conceptual and practical framework for business to respond credibly and effectively as a force for innovation and solutions. Its publication proved to be a landmark moment in the development of stakeholder theory.
He asks: are we as practitioners complacent, or worse, part of the problem? It was originally published in Strategy+Business n. The concept of discourse community may help us to understand the disconnect between mining companies and stakeholders. This assumes that success or failure is measured in terms of the net impact positive or negative of business on society and the environment. Widely acknowledged as a world leader in business ethics and strategic management, R. On the other hand, he tends to revert to nostalgia for enlightened authoritarianism when faced with the intractable divisions of national innovation, security, and political strategy that impede what he sees as the path of technical progress. I hope that it is read not only by companies but becomes a required reading in business schools to prepare business students for a higher level of thinking about their future role and impact. I just finished reading this book and I think it is a masterpiece.
Th e role of corporations in society is important. Four strategic value-creation options are then described singular, focused, diffuse and integrated value before citing illustrative cases and describing the seven steps of a methodology to implement integrated value. By May 2008, it was clear to me that the evolutionary concept of Web 2. Executives, students and citizens should read this book, and make it an integral part of our conversation about business. Working together with local people or social organizations enables deep understanding of local context and understand the real social and environmental issues. Most sustainability and corporate responsibility programs are about being less bad rather than good. Monitoring and reporting of the results is one of the transparency requirements.
The global financial crisis has further reinforced the timeliness of this book and its arguments of a new way of thinking and acting in the area of sustainability and responsibility to bring about systemic change. Business can be understood as a system of how we create value for stakeholders. . In each of these areas, there are breakthrough business models, practices, products and services that are building, rather than destroying, societal value. It integrates strategic and stakeholder perspectives to provide a new model of implementing change and innovative thinking. Do you want to revolutionise the way your company looks at Corporate Social Responsibility? Since innovation, which provides new knowledge and thinking, is skewed towards the success of a business, there is little room for managers to be motivated for pursuing environmental sustainability and social accountability concerns because corporate learning is becoming innovation for the success of a business. Wayne Visser paints the big picture using an astounding amount of detailed knowledge.
All five stages are well described with examples and a lot of extra information that helps to understand the background and rationale of why and how these stages emerged. What a refreshing and creative read! I heard Tony Blair speaking in Kosovo last year about the need for that country to 'rewrite' its narrative in a way that gave confidence to investors to start returning to their country. Visser's book has been very helpful to me in framing key issue and providing an in-depth historical overview. He asks: are we as practitioners complacent, or worse, part of the problem? Wayne Visser's The Age of Responsibility calls for a vital shift from rights to responsibility. Since the book is not available in Greece yet, it was the first book I bought through Amazon Kindle and I am really glad that I did. Thus, quite apart from its typical dog-eat-dog connotations, his rhetorical revision of capitalism constructs an appeal for collaboration, complete with leaders, innovators, and above all, strategists. Moreover, it challenges every one of us to think and act differently, to bring about mass global change enacted at the local level, and to incorporate social enterprises and social networks in this transformation.
Accordingly, corporations build an image of the organization that does not only bring profit, but also has obligations towards environment and society in general. I also appreciated the fact that Visser sounds optimistic. Honestly, I prefer the word stages above the word ages since all stages are still existing globally, depending on what part of the world one looks at, whereas ages tend to point to the past. And how are the economic benefits shared? The Age of Responsibility is a call to arms: inspiring, engaging and visionary. The last chapters of the book tackle our ability to change, in which Wayne Visser presents a 'matrix of change' and the sort of change that is needed to succeed.