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Showing posts with label responsible management. Show all posts
Showing posts with label responsible management. Show all posts

Monday, February 11, 2013

Sustainability Reporting for SMEs

While this blog was intended as a place where I could review books that other people have written (and I apologize for a long silence, as I have not managed to make the time both to read AND review some great books in recent months), I will break the mould by making a temporary role-switch. This time, instead of a review written by me of a book by somebody else, it's the other way around. Please find below a great review written by Debbie Griffiths of Ideal Word Ltd, a CSR and Sustainability communications and consulting firm, based in the UK. Ideal Word practise what they preach as an SME and have published six fabulous own CSR reviews for their own company -  the latest one being their 2012 CSR Review 
 
Here is my new book:
 

Author: Elaine Cohen
Publisher: part of the DōShorts series by DōSustainability
Publication Date: February 2013
Page extent: 97 pages
Formats and ISBNs: pdf 9781909293380 epub 9781909293373 print 9781909293366

Here is Debbie's review, first published on her blog, Ideally Speaking, on 11 February 2013.

" 
Sustainability Reporting for SMEs by Elaine Cohen was sizzlingly hot off the press when I bought a limited-edition hard copy at the Smarter Sustainability Reporting conference last week. Published by DōSustainability, the book is intended to be downloaded as a DōShorts 90-minute e-book for your commute.
 
As one half of an ethical micro-enterprise that has been publishing CSR reviews for the past six years, I was instantly attracted to the title. At last, a respected name in the industry was providing advice for people in my position. Also, Elaine Cohen runs her own SME, so she knows exactly what she’s talking about.
 
That said, I agree with her assertion that the book would be equally valuable for sustainability managers in larger companies whose success depends on the transparency and accountability of their supply chain – a very hot potato in the UK food chain right now! Anyone wanting to encourage their SME suppliers to report on sustainability issues would do well to start them off with this book.
 
Elaine gives clear descriptions and definitions that would be helpful to SMEs doing this for the first time, along with real-life case studies and practical how-to guidance. One of the things I found most illuminating was the fact that the Global Reporting Initiative (GRI) framework and the UN Global Compact Communication of Progress were tools that could easily and usefully be used by SMEs. I’d always thought they were for large companies, not one of my size.
 
The ‘Roadmap to Transparency’ chapter is my favourite and I’ve gleaned many ideas that I want to put into practice to take our sustainability reporting onto a higher level. I also got a lot out of the ‘Guidance for Developing a Sustainability Report’ chapter.
 
My only concern is whether the book’s title is appealing enough for a more mainstream SME audience? Elaine talks about the importance of giving sustainability reports an eye-catching title and says she wanted to call this book: ‘Make More Money: Sustainability Reporting for SMEs’. I think she should have gone with that if she wanted to reach a wider variety of SMEs, way beyond those of us who are already converted to the cause.
 
To read an extract of the book, or to download or rent a copy, visit: www.dosustainability.com
 
Debbie Griffiths is a sustainability consultant, copywriter and co-founder of Ideal (www.idealconsulting.co.uk ), a values-led business specialising in wordsmithing, branding and CSR.
 
"
 
Many thanks, Debbie for this great review! I hope this short book will also be useful to the many many SMEs out there who would benefit from Sustainability Reporting (and make more money) but don't quite know where to start.
 
 
Elaine Cohen, CSR Consultant, Sustainabilty Reporter, HR Professional, Ice Cream Addict.
Author of CSR for HR: A necessary partnership for advancing responsible business practices and Sustainability Reporting for SMEs: competitive Advantage through Transparency  Contact me via www.twitter.com/elainecohen on Twitter or via my website www.b-yond.biz/en

Tuesday, April 10, 2012

Reality-Based Leadership


By: Cy Wakeman

ISBN: 978-0-470-61350-4

Publisher: Jossey Bass

This review was first published on CSRwire.com on March 8, 2012


Book Description

Recent polls show that 71 percent of workers think about quitting their jobs every day. That number would be shocking -- if people actually were quitting. Worse, they go to work, punching time clocks and collecting paychecks, while completely checked out emotionally.In Reality-Based Leadership, Cy Wakeman reveals how to be the kind of leader who changes the way people think about and perceive their circumstances-one who deals with the facts, clarifying roles, giving clear and direct feedback, and insisting that everyone do the same, without drama or defensiveness. Filled with dynamic examples, innovative tools, and diagnostic tests, this book shows you how to become a Reality-Based Leader, revealing how to:
  • Uncover destructive thought patterns with yourself and others.
  • Diffuse drama and lead the person in front of you.
  • Stop managing and start leading, empowering others to focus on facts and think for themselves.

Commentary

Leadership accountability is one of the most underplayed themes in sustainability today. This shows up when heads of companies receive massive bonuses that are not directly tied to corporate performance. It shows up in the way employee performance is evaluated – using inputs (what people do) rather than outcomes (what results they deliver). It shows up in the fact that 31 percent of employees are actively engaged in their jobs (and 17 percent are actively disengaged). It shows up in the fact that "71 percent of workers think about quitting their jobs every day." It shows up in the fact that far too many underperforming people remain far too long in organizations in which they are not positively contributing (and in some cases, they are actually causing damage).

Sustainable Reality-Based Leadership
Wakeman’s book was, perhaps, not written for the sustainability bookshelves. It was written for the Business Leadership, Management and Human Resources sections of business literature. However, its relevance for sustainability is compelling. Business sustainability requires leaders who deliver sustainable results through people. A business cannot be sustainable when only a third of the workforce is engaged or two thirds are thinking about how to get out. Here are some of the issues Wakeman lists as holding organizations back through lack of effective leadership feedback:
  • Tenured employees whose skills are not current – leaders must raise the bar for performance and decide who makes the grade and who doesn’t.
  • Employees at the top of their pay scale who no longer deliver top value – this happens when "leaders over-reward and under-coach employees over the course of their careers".
  • Righteous top performers – "great employees whose performance is compromised by their righteousness and judgment of others."
Stop Managing, Start Leading

Effectively addressing these issues requires executives to stop managing and start leading. First of all, Wakeman writes, they have to "stop arguing with reality." This means relating to the facts of different situations at work, rather than the stories we tell ourselves or making judgments. An example might be when a coworker receives a promotion – you tell yourself that it's not fair, you should have received the promotion, you work harder than the coworker, you deserve it etc. This line of thought is judgmental and reflects "entitlement" thinking.

Instead, if "you embraced reality, you would note that a promotion occurred and do the appropriate thing in such a situation: congratulate your coworker, offer to help and resolve to learn how to deliver what the company values. You'd be high on professionalism, low on drama and investing in better relationships and mutual support in the future…You are arguing with reality whenever you judge your situation in terms of right or wrong instead of fearlessly confronting what is."

Reduce the Drama

By the same token, instead of trying to keep employees happy, leaders should focus on helping them understand reality, while empowering them to build their capabilities to deal with all situations that arise. If you want to evaluate the behavior of the people you lead, you can take Wakeman's Freak-Out Factor test, which will show you how your organization or team measures up in terms of level of drama in the workplace.

"Empowerment without Accountability is Chaos"

Restoring sanity to the workplace is about the adoption of leadership behaviors that drive accountability. The problem with employee engagement surveys, writes Cy Wakeman, is that they don't measure accountability. They are simply "invitations for people to critique their reality". All you end up with is a list of "what would need to change in order for your staff to grace you with their performance". However, one can never create a perfect working environment which meets everybody's aspirations. Engagement surveys are setting leadership up for failure. Instead, Cy Wakeman recommends two questions for employees:
  1. What is the one thing you need to be more productive in your work?
  2. What are the three things you are willing to do to get it?
Such an approach eliminates the "victim factor" and builds accountability, while enabling leaders to understand what they need to do to truly empower their teams.

Work with the Willing

In leadership, playing favorites is "fair game," Wakeman observes. "Too many leaders I work with have surrendered to the idea of mediocrity in order to never, ever offend anyone. Some leaders are so concerned with treating everyone the same that they are hesitant to give honest feedback". Leaders should spend most of their time coaching the employees who are delivering the best results. In reality, leaders spend "on average 80 extra hours per year thinking about and working with a single person who's in a state of chronic resistance". These people won't change and worse, the best employees will be dragged down by a negative office culture. The idea is to "compensate value, not effort" and give your focus to the employees who deliver. " You will have problem employees for as long as you continue to hire them and put up with them".

Everybody's Opinion Counts. Not.

Wakeman says your workplace is not a democracy. Ninety percent of the people in any organization at any given time are not key decision makers. Leaders need to set clear expectations and goals and focus the energy of their teams on working towards the desired results, rather than wasting hours complaining about why certain decisions are made. Offering constructive feedback is positive. Fighting against decisions that are not yours or your team's to make is futile.

Reality–Based Leadership contains practical, mindset-changing and entertaining advice, anecdotes, tools, and recommendations that anyone who leads people in organizations should read. Just as sustainability relies upon a realistic assessment of business impacts on people, society and the environment and the formulation of appropriate strategies to improve these impacts, so leaders must confront the realities of how they behave in organizations, how accountable they are and how they leverage reality-based tools to ensure their sustainable contribution.

elaine cohen, CSR consultant, Sustainability Reporter, HR Professional, Ice Cream Addict. Author of CSR for HR: A necessary partnership for advancing responsible business practices  Contact me via www.twitter.com/elainecohen   on Twitter or via my website www.b-yond.biz/en

Saturday, March 3, 2012

Women and the New Business Leadership

Women and the New Business Leadership

By:  Peninah Thomson with Tom Lloyd

ISBN: 978-0-230-27154-8

Publisher: Palgrave Macmillan

This review first appeared on CSRWire.com on 10th January, 2012

 

 

Book Description

In Women and the New Business Leadership, the authors discuss the role women directors can play in the reform of corporate governance systems following recent financial, crises in leadership, governance and the economy. The financial and economic crisis and the public belief that failings in corporate governance were partly to blame for it have politicized the debate about how, and by whom, our companies should be run. There is a new belief within the political establishment that companies would be better run, and less likely to act recklessly and so put the financial system in jeopardy, if there were more women on their Boards. This is accompanied by an expectation that companies will respond appropriately when filling Board vacancies. Progress towards gender-diverse boards will be watched closely as a proxy for corporate governance reform and a sign that the lessons of the crisis are being learned.

Commentary

To quota or not to quota? That's a controversial question and one, which is central to the multiple themes discussed in Women and the New Business Leadership. How do we repurpose our corporations to ensure gender parity in the boardroom? Opinions on the issue are sharply divided. Some feel that quotas undermine the "meritocratic principle" and deny companies the right to appoint the best person for the job. Some see quotas the book acknowledges, "as heavy handed interventions in the market that are sure to inhibit the movement of directorial talent to its highest value deployment". Others argue that a reduction in market efficiency is a price worth paying to correct the gross under-representation of women on Boards—something that represents a far greater market inefficiency in the first place.

In recent years, several countries have adopted laws to advance representation of women. For example, in 2010, the French National Assembly adopted a law that imposed minimum quotas for the representation of women on French listed companies and public enterprises; Iceland adopted a similar quota law covering listed and privately owned companies; the Netherlands passed a law requiring 30 percent of Board seats and 30 percent of executive positions to be held by women, and new quota laws are being considered in several other countries. Wherever you are on the spectrum, what is clear is that the voluntary actions of corporations have not created gender balance or gender equality on company Boards.

The authors quote Harriet Harman who said, "The world would not have been plunged into recession if the most conspicuous bank casualty of the crisis has been Lehman 'Sisters'", claiming that the "more gender-diverse Board has become an important symbol of the new “post-crisis enlightenment." Women and the New Business Leadership is a review of these very challenges facing companies and their Boards with regard to the position of women and their absence in the global financial crisis of 2008. Perhaps, as the author goes on to suggest, appointing "more women to corporate Boards may be a more effective way to achieve the desired changes in behavior than trying to change the behavior of male directors?”

Nevertheless, it is important to note that the backdrop for the New Business Leadership message delivered in this book is the FTSE 100 Cross-Company Mentoring Programme, in which FTSE 100 Chairmen mentor senior executive women in other FTSE companies, with proven success. Author Peninah Thomson founded this program in 2003 and it became a separate not-for-profit organization called The Mentoring Foundation. This followed the November 2010 publication by the Financial Times of a special report called Women at the Top, which suggested that Europe lagged behind the U.S. and other countries in terms of the rise of women to CEO positions. "By November 2010, 15 of the mentored women have been appointed to the board of the FTSE company they worked for, nine were appointed as non-executive directors in a private sector company, seven were appointed as non-executive directors in not-for-profit organizations, eight were appointed to a public sector or government role, 15 were promoted in their own company and three were appointed CEO of a non-FTSE 100 company. A total of 57 "advancements" among a total of 62 mentees."

Finally, Women and the New Business Leadership explores the qualities that women bring to Boards, and the roles they play after appointment. Part of the advantage of the presence of women is the limiting effect on "groupthink", as well as the depoliticizing of Boardroom conversations. One mentee is quoted as saying: "Women tend to want to get everything on the table, because they believe it is only when all the sometimes painful facts are on the table that the truth of the matter can emerge."
Additionally, the presence of women in the Boardroom supports greater empathy, adaptability, and full and fair discussion, leading to more considered and higher quality decision-making processes.

Positioning women on boards as one of the urgent challenges of corporate governance in the post-crisis 21st century and Women and the New Business Leadership makes a powerful contribution to the body of knowledge and experience of what works and what hasn’t worked.

Peppered with profiles and quotations as well as input from a range of the FTSE 100 Chairmen participating in the mentoring program, this book offers a fascinating range of perspectives on women and leadership, practical directions that can make a difference and compelling arguments for more gender-diverse corporate leadership.


elaine cohen, CSR consultant, Sustainability Reporter, HR Professional, Ice Cream Addict. Author of CSR for HR: A necessary partnership for advancing responsible business practices   Contact me via www.twitter.com/elainecohen   on Twitter or via my website www.b-yond.biz/en

Monday, July 25, 2011

Responsible Management in Asia

Responsible Management in Asia: Perspectives on CSR

Edited by Geoffrey Williams

Published by Macmillan Publishers Limited.

ISBN: 978-0-230-25241-7

This review was first published on CSRwire.com on 25th July 2011





Description

Responsible Management in Asia: Perspectives on CSR covers the history and development of corporate social responsibility (CSR) in Asia and how it has helped to create pathways to social and environmental sustainability across the region. Drawing on case studies from Bangladesh, Hong Kong, India, Indonesia, Malaysia, Singapore and elsewhere, leading specialists describe the emergence of CSR from philanthropy and charity to a uniquely Asian form of responsible management. Community-based partnerships between business and civil society are discussed from a practical, Asian perspective. Decent work programmes through social partnerships and concrete action programmes at the factory level offer new insights into workplace management.

Commentary

Whether CSR is the same world-over or differs substantially from country to country and culture to culture is an important question and one which I have often pondered. It seems to me that basic universal true-north values are pretty much the same anywhere, but ethical standards definitely differ based on local cultural norms, and socio-economic and business circumstances in a particular country (and at a particular time) may dictate a set of material issues which provide quite a unique setting for the advancement of CSR. So it was with relish that I started reading a compilation of perspectives of CSR in Asia, edited by Geoffrey Williams, a senior figure in the CSR world in Asian circles.

The book did not disappoint. Whilst it may not be an exhaustive account of CSR in such a wide range of countries that make up the Asian continent, it certainly offers often fascinating perspectives on a wide range of issues including human rights, public policy approaches, social partnerships, responsible tourism, green building, socially responsible investment and sustainability reporting from an Asian standpoint. To what extent must CSR strategy be guided by a local setting? This was the question in my mind when I turned to Geoffrey Williams' introduction to this book, which refers to "a strong emergence of a separate Asian dimension to CSR, with several key drivers which differ from those in the West."

The compilation includes works from a range of credible and experienced authors from business, not-for profit and academic sectors, each providing insights or research-based knowledge on one or other aspects of CSR in one or other Asian country. The book is peppered with case studies from local businesses, many of which, not knowing the Asian market well, I had never heard of before, which is refreshing. (Most CSR books lead with case studies from the large MNE's that we all know and with stories that we have almost always already heard.)

Some of the highlights for me included:

A deep-dive into CSR practices in Bangladesh which concludes that CSR is played out primarily in the form of discretionary responsibilities, not deriving from legal or ethical pressures, but voluntary contributions to social causes such as health, education, female empowerment, disability etc. In other words, CSR has not reached the level of core business strategy but remains as separate social projects in the communities in which businesses operate, despite the fact that "many business organizations in Bangladesh are not conducting their business in a socially responsible way."

The role of civil society in Asia offers several interesting NGO stories such as Magic Bus in India and its "sport for development program for children; Dasra, India, a catalyst for social change ; Kehati Biodiversity Foundation in Indonesia; Gawad Kalinga Community Development Foundation in the Philippines and Tenaganita in Malaysia, operating to support human and migrant rights. The sense is that the time is right for the rapid advance of NGO influence in Asian countries.

The development of the Factory Improvement Program and ILO training in Vietnam which has led to over 50% of factories undergoing major changes in their operation and over 20% going through transformative change. However, the call for greater regulation to advance change in a more broadscale way is still needed.

The case of Hero supermarket in Indonesia which used CSR-related themes to resolve a labor dispute in a collective bargaining approach with the local union. Real economic business issues were resolved resulting in a win-win for all.

A good overview of the issues for responsible tourism, in particular child prostitution and gender equality within the industry. A real opportunity for businesses in Asia to add real social value through ethical practices and capitalize on a growing industry.

An interesting overview of climate change risk implications discussing green energy development and strategies for Asian companies, summarizing the diverse targets set by 10 Asian countries and the implications of effective carbon management over the next 15 years.

A study of Asian financial institutions' approach to green building based on qualitative research among 8 members of the Banking Association of Hong Kong. The research shows that all participating institutions have a strong commitment to CSR and see CSR as integral to doing business.


Finally, in answer to my question: "To what extent must CSR strategy be guided by a local setting?"; Geoffrey Williams pulls it all together, concluding that "CSR in Asia is not the same as it is in the West." A key recommendation by the author is that Western companies cannot use a "one-size-fits-all" approach to CSR base on Western premises and that companies should engage more deeply to understand their new Asian stakeholders. Responsible Management in Asia serves to highlight some of those areas in which differences may be found that might inform Western companies expanding into Asia. The book does not provide a checklist of "How to do CSR in Asia" but certainly provides some enlightening insights. Next time in am in China, Malaysia or Bangladesh or the Philippines, I will certainly feel more informed.




elaine cohen, CSR consultant, Sustainability Reporter, HR Professional, Ice Cream Addict. Author of CSR for HR: A necessary partnership for advancing responsible business practices Contact me via www.twitter.com/elainecohen  on Twitter or via my website www.b-yond.biz/en
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