Adoption of the Sustainable Development Goals (SDGs) and the Paris Agreement were, in addition to a call on governments, a message from and for the business and the capital world. And the message is clear: businesses and capital must aim to create a positive impact on all the assets of the world. They must contribute to developing an economy that is here for the world, and leave behind the exploitation of a world serving the economy.
While business has contributed to the mass destruction of our resources, it also holds the key to the solutions. Therefore, the call to business is necessary as corporations are in fact some of the largest economies in the world, transcending borders with far-reaching influence. Responsible business models are good for the world and they can open many opportunities as well. There is simply no reason not to incorporate the SDGs in business and capital strategies, innovations, products, and services throughout the supply chains.
The UN has specifically urged the financial industry to play a larger role in impact investing with the goal of aiding the SDGs. This too is a necessary call to action as capital plays a pivotal role in driving the world towards achieving the Goals. And a significant shift in investment strategy is needed. The financial sector has created a chasm between the economic and real value of money. For years, maximising the return on investment has been the name of the game, triggering an adrenaline rush that has surged through the entire financial sector. This phenomenon, however, is not solely responsible for the economic crises that ensued; the failing economic system as a whole is to blame.
Denne historien er fra September 2019-utgaven av Indian Management.
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Denne historien er fra September 2019-utgaven av Indian Management.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Trust is a must
Trust a belief in the abilities, integrity, values, and character of any organisation is one of the most important management principles.
Listen To Your Customers
A good customer experience management strategy will not just help retain existing customers but also attract new ones.
The hand that feeds
Providing free meals to employees is an effective way to increase engagement and boost productivity.
Survival secrets
Thrive at the workplace with these simple adaptations.
Plan backwards
Pioneer in the venture capital and private equity fields and co-founder of four transformational private equity firms, Bryan C Cressey opines that we have been taught backwards in many important ways, people can work an entire career without seeing these roadblocks to their achievements, and if you recognise and bust these five myths, you will become far more successful.
For a sweet deal
Negotiation is a discovery process for both sides; better interactions will lead all parties to what they want.
Humanise. Optimise. Digitise
Engaging employees in critical to the survival of an organisation, since the future of business is (still) people.
Beyond the call of duty
A servant leadership model can serve the purpose best when dealing with a distributed workforce.
Workplace courage
Leaders need to build courage in order to enhance their self-reliance and contribution to the team.
Focused on reality
Are you a sales manager or a true sales leader? The difference, David Mattson, CEO, Sandler® and author, Scaling Sales Success: 16 Key Principles For Sales Leaders, maintains, comes down to whether you can see beyond five classic myths that we often tell ourselves about selling.
