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They can have a profound positive impact across economic, social and environmental valuecreation. As another example, the digitization of the electrical grid, is changing the way power is delivered and consumed. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article.
Factoring in that flexibility upstream — by designing both tooling and products to be repurposable and versatile — could be a way to enhance value-creation potential and achieve greater resilience of industry, both valuable beyond the current situation. Sponsored Article. Risk & Resilience. Supply Chain. Resilience.
This article synthesises insights from contemporary research to offer perspectives on the future of investment stewardship. to ensure long-term valuecreation; and Sustainability stewardship: Ensuring that investment practices contribute positively to environmental and societal outcomes.
We currently find ourselves in what I would call the big deal phase of a digital transformation where exponential change is creating dramatic advancements in a very short space of time. The Three Digital Accelerators were not ready yet. Kodak treated digital photography as a passing fad.
As Yunus Social Business discussed in a NextBillion article earlier this year , the practice has gained momentum in recent years, from the German software company SAP’s commitment to sourcing 5% of its addressable spend from social businesses by 2025 , to the decision by several major corporations in the U.K.
The tool is segmented along three axes that are key to driving value-creation and impact: Do you have a holistic value proposition? The second axis that’s key to value-creation and impact is the efficiency and effectiveness of the delivery model, which can be assessed via a range of KPIs. Are you equipped to grow?
The mission of Karya, for example, is bold and simple: they are tackling poverty in India by working with big tech companies (who spend billions of dollars to collect training data for their LL models) to bring that digital work to local communities.
Social Protections: The participation gap in informal cultures is reduced via labour rights, financial access, digital inclusion, etc. The influence of culture drives the intertwined nature of formal-informal economic activities, which means that enterprises operating in this sector need to take a more holistic approach to valuecreation. .
Because agents are digital, their execution capacity can expand or contract in real time depending on workload, business seasonality, or unexpected surgesâsomething difficult to achieve with fixed human resource models. Agents bring elasticity to operations. Consider a hypothetical customer call center.
There are two approaches to issuing gender bonds – one where budget and spending are assigned to activities for developing information tools, digital platforms or other initiatives for women; the other one measures the expected outcome of a project and analyses sustainability performance targets by a given date.
Brands have reimagined design and distribution of products in a context of lower sales volumes and digital acceleration. As luxury fashion brands adapt and survive in the "new normal," they can drive a renewed vision of the luxury business that demonstrates how to decouple volume growth from value growth.
Crowds, clouds, collaborators and competitors: Digital ecosystems are uniting disparate participants to target bigger and better outcomes. While the ability of ecosystems to enhance valuecreation and amplify impact is well-regarded in business, their potential to drive public good is quickly coming into focus.
As for big business, in January, 60 leaders from Accenture to Zurich Insurance Group signed on to the notion of "Common Metrics and Consistent Reporting of Sustainable ValueCreation," as advocated by the World Economic Forum's International Business Council. Sponsored Article. Beyond checking the boxes. GreenFin 21.
In July, Tim Lenton from University of Exeter led a team of expert authors in publishing an article, The Emperor’s New Climate Scenario , on how current climate-change scenario modeling fails to be realistic about the expected dangers associated with a warming world. Directors of Sustainability must wear many hats.
Indeed, I am persuaded that centering the magnification of the dignity of all stakeholders involved in valuecreation as the purpose of leadership – at every level – is the breakthrough paradigm change for the 21st century. As emerging science across disciplines (e.g.
Source: Cities Journal article. But it is also, through digitalization and the internet, increasingly connecting us as never before. In August of 2019, 181 CEOs of America’s largest corporations who pa rticipate in the Business Roundtable committed to a purpose driven, multi-stakeholder approach to long-term valuecreation.
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