Have you come across the concept of jugaad? Most commonly associated with Indian entrepreneurs, the Hindi word roughly translates as ‘the gutsy art of overcoming harsh constraints by improvising an effective solution using limited resources.’ Everywhere in the world where challenging social or economic circumstances prevail, entrepreneurs make creative use of whatever assets are easily or freely available [...]
“Purpose is not a mere tagline or marketing campaign; it is a company’s fundamental reason for being – what it does every day to create value for its stakeholders” – Larry Fink, BlackRock CEO As a business leader, you can’t have failed to notice that purpose is the zeitgeist – being discussed across the business [...]
July 2018 Isabel is delighted to have joined a group of impressive 'gurus' assembled by Entrepreneurial Giving, a new organisation founded by Maurice Ostro OBE, to support the work they are doing to help entrepreneurs build genuine mission-driven businesses from the outset.
[By Isabel Kelly] Recently I was asked by the foundation of a large multinational company to share some of my thoughts on running a corporate foundation responsible for generating its own income; which inevitably brings up the issue of balancing the social mission with the money-making. The company has moved its CSR (corporate social responsibility) [...]
[By Annu Mehta, Co-Founder, Alstonia] What is a good workplace? What attracts and retains the right kind of employees? The answers are changing rapidly. Employees these days - especially Employees these days - especially millennials- are looking for a collaborative work environment which enables them to not only learn constantly but also find a [...]
[By Isabel Kelly] You may not be as rich as a Rockefeller, but you and your company have a wealth of resources to apply to the world’s greatest social issues. Marc Benioff, Bill Gates, Richard Branson, Mark Zuckerberg, Larry Ellison, Sir Tom Hunter, Pierre Omidyar and of course David Rockefeller, are all part of The [...]
British business needs investment and vision. But most of all it needs purpose By Will Hutton, The Observer, 15 May 2016 'Successful companies are defined by their capacity to deliver and pursue clearly defined visionary corporate purposes – to be the best, to do business that is sustainable, to serve humanity, to stretch every muscle to [...]
Is the Time Right for Human Rights NGOs to Collaborate with Businesses that Want to Stop Dabbling with ‘Corporate Social Responsibility’ and Start Making Social Impact?
First published online: September 10, 2016 Journal of Human Rights Practice (2016) doi: 10.1093/jhuman/huw015 Abstract Based on the author’s 12 years of working in a corporate foundation, this policy note provides an overview of corporate social responsibility (CSR) in its many guises. It explores the benefits and compromises which may arise for human rights NGOs looking to collaborate with [...]
[FT: January 24, 2016] One of the paradoxes of business is that the most profitable companies are not those that are most profit-focused. Read the full article.