Latest from Lifeworth ConsultingExpert Insights
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Expert insightsGE, IBM and Ford still top performers in sustainability communications using social mediaWe're pleased to feature a guest blog today from Matthew Yeomans, a leading expert on social media in the area of sustainability and CSR. We asked him to tell us a little more about the Social Media Sustainability Index, an impressive report that he recently authored on the state of social media sustainability communication among major international companies. Read what he has to say, and then download the free report in full over at the SMI website. It's full of practical tips on how to communicate effectively about sustainability using social media - and of course there's a top 100 list to pore over at your leisure. "One year ago, we published the inaugural Social Media Sustainability Index, a trawl through 287 major companies in North America and Europe to identify who was using social media tools and thinking to communicate sustainability. At the time we found just 60 companies that were devoting any real time or dedicated resources to that mission. Fast-forward to the end of 2011 and a new landscape of social media sustainability has emerged. In researching our new report, The SMI-Wizness Social Media Sustainability Index, we identified at least 250 major corporates that are engaged in some form of social media sustainability comms and more than 100 have a blog, YouTube, Facebook or Twitter channel dedicated to talking about sustainability. Those dedicated 100 form the basis of our new Index. Even as the volume of social media sustainability content has increased, the standout leaders of our Index – GE, IBM, Ford, PepsiCo, BBVA and Allianz – are the same as last year. This we believe is a testament to good social media practice in that none of these leaders consider social media sustainability through the prism of a campaign mentality. Indeed the top companies in our Index all have built upon the editorial platforms and community engagement they had established in 2010. The social media sustainability leaders also demonstrate that companies who are committed to making their business more sustainable – be it through improved energy efficiency, lowering emissions, policing their supply chains, pioneering ethical sourcing and promoting equitable working environments – have a distinct advantage in social media communications. That’s because they have a good and believable story to tell, and good storytelling remains the most valuable currency in social media.Here are some of the ways the smartest companies are using social media, not just to communicate their sustainability stance, but also to involve the public in building a better world:
It just so happens that we think those qualities are exactly what companies need if they are to succeed in social media communications. And so they form the bedrock of how we have ranked and rated the 100 companies that make the Index." You can download the entire Index at: http://socialmediainfluence.com/SMI-report/ This post was first published on SMI. Graphic copyright SMI Wiziness Programme Director, London
Advocate for a regulatory and public policy environment that enables effective capital markets where sustainability and long-term profitability are aligned
Media Relations & Communications Manager
Drive the development of engaging communications and generate coverage across traditional and new media channels
Chair of the Board, London
A leading figure in ethical trade and the broader world of corporate social responsibility
Coethica Social Media Test Drive
It’s taken a while to get here but the world has finally been introduced to the new Coethica website. We had a handful of technical problems and distractions that saw the previous site slimmed down to 2 ancient pages for far too long. We took the decision to go live relatively early and encourage the strongest possible dialogue with all the audiences we’re aiming to engage with to constantly improve the site over the next 12 months. There are also some other improvements / pages / whole new sections / concepts to be added to the site to take it where we think it should be but allowing ourselves good time to evolve both our social media estate and our business model simultaneously. This also means very soon I get to begin to revamp of this space, my very own wonderful blog, which at times had become a surrogate home for Coethica during the extended periods of technical disillusionment. All suggestions for ‘myblog2.0′ welcome!
Please take a couple of minutes to test drive www.coethica.com, have a good look around, share the link, and send as much feedback as you can, either as a comment on here or via the contact page on the new site. What could Coethica have done better?
Coethica has also added two new channels over at Google+ and Twitter. I think Google+ is going to be fun; it still needs work but I’ve seen it gain momentum from day one and it feels like it’s accelerating. G+ is a great channel, almost like an extended Twitter but better looking and with more functionality. I can see G+ quickly catching Twitter as the centre of the sustainability/CSR communication online universe – according to @FabianPattberg’s recent poll anyway. The new Twitter account allows me, for my own sanity, to differentiate between me and the business, for Coethica to sell more, and to explore my tweet landscape a little, playing more in areas such as social innovation, technology and sport. Click on the icons below to find the new profiles.
Tagged: Coethica, Communications, Corporate Social Responsibility, CSR, Google, SME, Social Media, strategy, training, Twitter Down-under, are things upside down?Last week we talked about executive pay and bonuses. If you read or watch the news today in Australia you will come across an entirely different story though. In a time when bankers have to be told off by governments to stuff their pockets, CEOs get stripped of royal titles for their reckless actions or presidential hopefuls turn out to be ruthless maximizers of personal wealth – this story sounds like a fairytale. Ken Grenda, the owner of a bus operating and manufacturing company in Melbourne has given all his staff a AUD 15 million bonus (US$ 15.3m), averaging $8,500 per employee with some receiving as much as $30,000! The background of the payout is a sale of the family-owned company which netted Ken some $400m. His rationale:"A business is only as good as its people, and our people are fantastic. This is to recognise that. We have had people here who are second generation, and one fellow in the same job for 52 years. We have grown from just four bus routes ... in 1945 to operating 1300 buses in Melbourne, Adelaide and Perth. You only get there if you have good people." Now that’s exceptional. And good on Ken and his family – sure enough. The facebook page of the event is full of praise, amazement and disbelief. It is indeed a gesture which is rare, if not unprecedented in today’s economic climate. It makes you think though. Ken’s rationale, above, is perfectly sound. Especially in a service company, the personnel at the customer interface, such as bus drivers, can make all the difference. In a time, when bonuses have become a common instrument for people at the top, there is no good reason to exclude workers from the same thinking. Recently, The Guardian has published a piece on the intellectual heritage of the current situation of excessive bonuses. It is really hard to understand why Michael Jensen and his colleagues, when suggesting share-price related remunerations for top management, never thought to include the lower ranks. The real question here though seems to be why those performance related elements have to be just this discretionary, pseudo-feudal benevolence of a rich guy. It’s a great gesture of philanthropy, as some bloggers say, but if employees are really so vital to a company’s performance why not make it a right of the employee? After all, $15m of $400m is not all that much. What would be a fair share? And who should decide about that? As we have commented earlier in this blog, there is a funny bifurcation in the debate on CSR and industrial relations. From a CSR perspective we should praise the Grenda family; but from an industrial relations perspective we might ask the question why – if what Ken Grenda says above is true – the employees should not have a right to their share in the growth of the company’s value to begin with? It all points to the role of worker’s representation and collective bargaining. These used to be the classic tools to make sure that workers participate in a company’s overall prosperity. But Australia and New Zealand have seen the highest declines in trade union membership over the last two decades, between roughly 30 to 50%. In that sense then, Australian industrial relations are pretty similar to the rest of the world and Grenda's example more a one-off than something of a rule. Other solutions might be share ownership of employees, which apart from examples such as John Lewis (department stores, UK), Westjet (airline, Canada) or W.L. Gore (Gore-Tex, US) have remained exceptions. In as much as gestures such as that of Ken Grenda deserve praise and respect as a single incident – they also raise these more general question of how sustainable this approach is. As critics in the Australian blogosphere point out, is this just the final golden handshake, before the new Brazilian owners of Grenda take over and expose workers to an entirely new game to make their new investment pay off? Picture by Natinaal Archief, reproduced under the Creative Commons License. Wayne Visser’s downloads for Business & Society Belgium
Please Register and Login to access these downloads. Powerpoint Slides – Part 1 [Download] Powerpoint Slides – Part 2 [Download] Powerpoint Slides – Part 3 [Download] Powerpoint Slides – Part 4 [Download] Summary article – The Ages and Stages of CSR [Download] Summary article – The Rise & Fall of CSR [Download] Summary article – CSR 2.0 [Download] Book link – [...]
Governance Research Digest – January 2012
1. Building a Corporate Reputation of Integrity The Fellows of the Ethics Resource Center (ERC) have assembled insights from brand management and public relations gurus to produce a guide on how to establish, develop, and protect a corporation’s reputation of being an honest broker in the marketplace. Read more 2. Ethical Cultures in Large Business Organizations [...]
The State of Business Ethics in Israel: A Light Unto the Nations?
Featured In Governance Research Digest – January 2012 Summary To examine the current state of business ethics in Israel, the study examines the following: (1) the extent of business ethics education in Israel; (2) the existence of formal corporate ethics program elements based on an annual survey of over 50 large Israeli corporations conducted over [...]
A New Foundation for Portfolio Management
Featured In Governance Research Digest – January 2012 Summary Portfolio 21 Investments, a Portland-based investment management firm, has published a report highlighting significant factors and trends impacting investors in the 21st Century. The publication offers a new framework for managing ecological risks and emerging opportunities, and meeting the multi-faceted needs of today’s investors. Key Findings [...]
Personalist Business Ethics and Humanistic Management
Featured In Governance Research Digest – January 2012 Summary The article examines the conceptual relationship between personalism and humanism. This article furthers that research by arguing that a true humanistic management is personalistic. Key Findings Article claims that personalism is promising as a sound philosophical foundation for business ethics. Insights from Jacques Maritain’s work are [...]
Event Organizers Sector Supplement
Featured In Governance Research Digest – January 2012 Summary Event organizers can now report on sustainability issues like impacts on communities, natural environments, and local and global economies, thanks to new guidance just published by the GRI. The sustainability reporting guidance, tailored for the events sector, aims to make reporting more relevant for event organizers [...]
Ethical Cultures in Large Business Organizations in Brazil, Russia, India and China
Featured In Governance Research Digest – January 2012 Summary The study focuses on comparison of perceptions of ethical business cultures in large business organizations from four largest emerging economies, commonly referred to as the BRICs (Brazil, Russia, India, and China), and from the US. The data were collected from more than 13,000 managers and employees [...]
Building a Corporate Reputation of Integrity
Featured In Governance Research Digest – January 2012 Summary The Fellows of the Ethics Resource Center (ERC) have assembled insights from brand management and public relations gurus to produce a guide on how to establish, develop, and protect a corporation’s reputation of being an honest broker in the marketplace. The guide will help executives maneuver [...]
Projectmanager Duurzaam Ondernemen, Utrecht
Opzet, uitvoering en rapportage van projecten op het gebied van maatschappelijk verantwoord ondernemen
Manager, Sustainability Communications
Accountable for developing, driving and overseeing implementation of the Corporation's sustainability communication activities.
2012 To Be A Big Year For SomebodyThe things I love most about doing what I do are the amazing people I get to meet, no two days are even close to being similar and the exposure to a countless stream of world changing ideas. I’ve always been a natural connector and constantly looking to learn from new and strange sources. The Coethica social media rollercoaster of the last few years took me from a pretty isolated laptop to a whole new global community of friends, colleagues and connections – all with that similar values set that I’d craved for so long. It’s only now comfortably coming to terms with how to have a productive relationship with so many people! Occasionally though, it takes a perspective on the entire planet to stumble across fantastic people and concepts much closer to home. Meet Chris Arnold (@CJASmallerEarth), a Liverpool based entrepreneur that is responsible for Your Big Year, amongst other projects and businesses. I”d heard about Chris and his role as Founder of Camp Leaders through a local non-profit I was helping, and whilst impressed with the apparent success of Camp Leaders I didn’t know much else. I really noticed Chris at an event I’d attended to hear Philip Blond (author of Red Tory and head honcho at Respublica) speak at not long after the ‘Big Society’ concept was unleased on the UK politcal stage by David Cameron. At this grand event held at Liverpool’s architecturially stunning Anglican Cathedral (the traditional looking one not Paddy’s Wig Wam) Chris was the side act promoting something called Your Big Year. Chris is a seriously cool guy; understated, driven and very focused. Upon finally catching up with Chris to say hi and find out more about our parallel missions I was amazed to hear what Smaller Earth, and in particular, what Your Big Year actually was. Chris is big on leadership, entrepreneurship, education and citizenship – abundantly clear through all of his projects. Whilst Chris’ resume is impressive, Your Big Year stands out a mile, or to be more accurate, 25,000 miles. YBY is a competition run through Smaller Earth to offer a year long trip across 5 continents to meet community and world leaders. As prizes go, I can’t think of a better one I’ve seen anywhere.
The latest competition has seen over 60,000 applicants from 221 countries (that’s more countries participating with us than the Olympics and the UN), Chris and Smaller Earth have built an inspiring competition to positively impact the world. 2012 also sees the final of the YBY event integrated into the Global Entrepreneurship Congress which includes Sir Richard Branson and Sir Terry Leahy to be held in Liverpool in March. Last year’s finalists were spectacular individuals aged between 18 and 51, with the two winners (Carielle Doe from New York and Michael Teoh from Malaysia) having just rounded off their trip. Read about their life-changing year and the incredible and sometimes famous people they have met, and the rewarding projects they have worked on. I also would recommend checking out Michael’s Facebook pages including his appearance on CNN and meeting Ted Turner!
The story begins again for the new winners on March 15th and I’m already jealous. www.yourbigyear.com
Tagged: Chris Arnold, citizenship, Global Entrepreneurship Congress, Richard Branson, Smaller Earth, students, travel, Your Big Year Corporate Responsibility Manager, Munchen
Entwicklung und Umsetzung der CR Strategie
Project Officer CR, Zurich
Responsible for managing and supporting different CR projects and initiatives mainly focusing on environmental topics
Corporate partnerships officer, London
Supporting the team responsible for generating commercial funding for CDP
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