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After a century in which charities suspected the motives of cynical
business people, and business people dismissed the contributions of
amateur volunteers, the two sectors are coming together today as
never before. The third sector has increased its business capacity
through the experience gained from a decade of providing
commissioned services to the public sector. Society today expects
employers to do more to engage with both communities and good
causes and the business case for doing so can be and is being made.
But business also realises that charities do conscience better than
they can and so co-working is increasingly being sought. In
Partners for Good, Tom Levitt points the way to successful
partnerships at local, national and international levels. There is
now even an agreed international standard on what constitutes the
social responsibility obligations of organisations operating in all
sectors, in all parts of the world, over and above international
legal frameworks. Sustainability today refers to the triple bottom
line (financial, social, environmental) rather than being a green
concept alone. On the down side, grants and other funding
opportunities provided by governments to the third sector over the
last ten years are suddenly ending and support structures are
disappearing. The incentives for forging successful and sustainable
win:win partnerships between businesses and charities in the new
Big Society are therefore high, however demanding the time scale on
offer.
After a century in which charities suspected the motives of cynical
business people, and business people dismissed the contributions of
amateur volunteers, the two sectors are coming together today as
never before. The third sector has increased its business capacity
through the experience gained from a decade of providing
commissioned services to the public sector. Society today expects
employers to do more to engage with both communities and good
causes and the business case for doing so can be and is being made.
But business also realises that charities do conscience better than
they can and so co-working is increasingly being sought. In
Partners for Good, Tom Levitt points the way to successful
partnerships at local, national and international levels. There is
now even an agreed international standard on what constitutes the
social responsibility obligations of organisations operating in all
sectors, in all parts of the world, over and above international
legal frameworks. Sustainability today refers to the triple bottom
line (financial, social, environmental) rather than being a green
concept alone. On the down side, grants and other funding
opportunities provided by governments to the third sector over the
last ten years are suddenly ending and support structures are
disappearing. The incentives for forging successful and sustainable
win:win partnerships between businesses and charities in the new
Big Society are therefore high, however demanding the time scale on
offer.
Business doing good is doing good business; this book learns from
the era where governments ruled the world, pre-globalisation, and
where business looked after itself, where issues like climate
change, resource depletion and even poverty and hunger were not
thought to be the responsibility of business. The Company Citizen
concludes that not only are these key issues for business today but
that the world will not be able to manage these issues without the
active participation - even leadership - of business. Aware of the
shortcomings of both government and civil society the author argues
that environmental sustainability, economic and social inclusion
and the better management of resources are all key issues for
business and that it makes good business sense to manage them
better. This book examines the case for the company citizen on a
global, national and community level working alongside other. Never
has the conscientious company citizen, as envisaged by 19th century
Quaker philanthropists, been more needed; and never has that
business case, one that justifies a long-term commitment to
practical corporate behaviour for good, been more clear. Drawing
attention both to the businesses that are taking the lead and those
who are holding us back, the author concludes that only by
involving business can we tackle the great issues of the day - and
survive, as communities, nation and planet.
Business doing good is doing good business; this book learns from
the era where governments ruled the world, pre-globalisation, and
where business looked after itself, where issues like climate
change, resource depletion and even poverty and hunger were not
thought to be the responsibility of business. The Company Citizen
concludes that not only are these key issues for business today but
that the world will not be able to manage these issues without the
active participation - even leadership - of business. Aware of the
shortcomings of both government and civil society the author argues
that environmental sustainability, economic and social inclusion
and the better management of resources are all key issues for
business and that it makes good business sense to manage them
better. This book examines the case for the company citizen on a
global, national and community level working alongside other. Never
has the conscientious company citizen, as envisaged by 19th century
Quaker philanthropists, been more needed; and never has that
business case, one that justifies a long-term commitment to
practical corporate behaviour for good, been more clear. Drawing
attention both to the businesses that are taking the lead and those
who are holding us back, the author concludes that only by
involving business can we tackle the great issues of the day - and
survive, as communities, nation and planet.
This second edition of Welcome to GoodCo updates the author's
critically acclaimed analysis of how the tools of business are
being (and ought to be) used to help tackle the great problems of
both the planet and of local communities. In exploring the
increasingly politically relevant issue of 'responsible capitalism'
- and its variations - he asks what it means, where it came from,
why politicians are so timid around the issue and what exactly are
the obstacles this crusade will have to face. He argues that
business doing good has to be supported by a business case, as that
is what makes it sustainable, but that huge benefits can be reaped.
As 60 of the world's top 100 economies are corporates, not
countries, businesses that are not helping to create solutions
become part of the problem. Added topics in the 2015 edition
include: the growth of social value in the commissioning of
services and what business can learn from this; the Social Progress
Index as an alternative to GDP; and the role for greater corporate
citizenship as a way of enhancing employee engagement, with all the
benefits that this can bring to a company. It updates the stories
and data which made the first edition so readable. In a world in
which businesses of all sizes frequently find some of their
practices at odds with the basic principles of their customer or
citizen promise, Welcome to GoodCo offers a realistic, commercially
hard-nosed approach to reframing business in society.
This second edition of Welcome to GoodCo updates the author's
critically acclaimed analysis of how the tools of business are
being (and ought to be) used to help tackle the great problems of
both the planet and of local communities. In exploring the
increasingly politically relevant issue of 'responsible capitalism'
- and its variations - he asks what it means, where it came from,
why politicians are so timid around the issue and what exactly are
the obstacles this crusade will have to face. He argues that
business doing good has to be supported by a business case, as that
is what makes it sustainable, but that huge benefits can be reaped.
As 60 of the world's top 100 economies are corporates, not
countries, businesses that are not helping to create solutions
become part of the problem. Added topics in the 2015 edition
include: the growth of social value in the commissioning of
services and what business can learn from this; the Social Progress
Index as an alternative to GDP; and the role for greater corporate
citizenship as a way of enhancing employee engagement, with all the
benefits that this can bring to a company. It updates the stories
and data which made the first edition so readable. In a world in
which businesses of all sizes frequently find some of their
practices at odds with the basic principles of their customer or
citizen promise, Welcome to GoodCo offers a realistic, commercially
hard-nosed approach to reframing business in society.
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