Columnist Gael O’Brien continues her look at the “purpose journey” and what it can mean for individuals and organizations. While having purpose helps, it also brings obligations. “The dark side of purpose,” she writes, “is that once you start talking about it, you can’t lead wearing blinders because accountability for impact comes with the territory.”Full Story»
If there had been more women in executive positions on Wall Street, would they have responded differently to the danger signs leading up to the 2007-2008 financial crisis? A new academic study – “The Lehman Sisters Hypothesis” – concludes that empirical literature backs the claim that “more gender diversity in finance, and particularly at the top, would help to reduce some of the behavioral drivers behind the crisis.”
Environmental issues, from headline-grabbing environmental catastrophes to protracted conflicts with governmental authorities, can impair a company’s reputation. Such reputational issues can threaten a company’s relationship with regulators, customers, employees, interest groups and the general public. Because it can take many years to repair a damaged environmental reputation, it is critical for any company to manage its environmental reputational risk.
This coming April 22 will mark the 44th annual celebration of Earth Day, and the focus this year will be green cities. “As the world’s population migrates to cities, and as the bleak reality of climate change becomes increasingly clear, the need to create sustainable communities is more important than ever,” reports Earth Day Network.
More in this category
- The Environmental Impact of Coffee ‘K-Cups’
- Status Report: ‘Cap and Trade’ Strategies to Reduce Carbon Emissions?
- Books: ‘The Evolution of a Corporate Idealist: When Girl Meets Oil’
- Power Tool Makers Accused of Thwarting Adoption of Finger-Saving Device
- Olympic Lesson for Business: Failure Can Build Resilience
- International Labor Standards and Corporate Supply Chains: An Interview with Richard Locke