In my reading, a number of recent articles have caught my attention. Here are several stories about companies and executives working to build high-performing companies and a better world.
Read about the outcomes for Walmart after they invested heavily in purpose – reshaping their image for underpaid employees and poor corporate culture through a variety of initiatives.
August 18, 2017
Prosperity for all? This video interview explores how different forms of capitalism have affected society throughout the years – and the opportunity that exists today. The authors of Re-Imagining Capitalism have found that societal well-being is strongly linked to enhanced competitiveness and productivity. And they see a new generation of students that wants to ensure economic priorities meld well with societal needs. Inspiring!
Public utilities across our nation are engaged in ongoing debate over how to redesign the electric system, which is undergoing enormous changes. This story describes how Vermont’s Green Mountain Power is enabling customers to power their homes while entirely disconnected from the grid. The move has both environmental and financial advantages.
July 29, 2017
We’ll be hearing a lot more about this brand new Future Economy Project initiative, launched by HBR in partnership with top CEOs. They are aiming at true sustainability, and showing that profits and environmental responsibility must go hand in hand.
A compelling look at how the role of the corporate executive in society may be changing, as well as the role of shareholders to reward or punish those executives based on their commitment to shared values.
August 19, 2017
Impact investing is falling victim to predefined expectations of financial returns that are both too high and too short term. By sharing the history of impact investing, the authors call for greater transparency and a return to the original guiding purpose – to achieve social and environmental impact.