Archive for March, 2008
Corporate Responsibility in Global Supply Chains
Many leading corporate responsibility efforts are the result of stakeholder pressure on companies to improve labor conditions in their global supply chains. Since the 1990s, industries ranging from apparel, sporting goods and toys, to food, manufacturing and technology, have sought to demonstrate responsibility through supply chain compliance programs. Supply chain best practices – codes of conduct, independent monitoring, public reporting, and collaboration with nongovernmental organizations – have shaped stakeholder expectations of corporate responsibility initiatives generally, often setting the bar for other companies and industries.
Supply chain best practices continue to emerge. Key challenges for today’s leading companies include:
• Moving beyond monitoring to focus on supplier training and education;
• Addressing “code and monitoring fatigue” by consolidating brand, industry and multistakeholder compliance efforts; and
• Finding ways to demonstrate (and reward) improved social and environmental performance al all levels of global supply chains.
The opening panel provided a valuable survey of current trends by three experts on the challenges of responsible sourcing.
Marcela Manubens, Senior Vice President, Global Human Rights & Social Responsibility at Phillips-Van Heusen, noted that: (more…)
Humility Update: Elliot Spitzer, the Iraq War, and Lessons for Leaders
Oh, how the mighty have fallen!
One week ago Elliot Spitzer was governor of New York, working hard to overcome an admittedly rocky first year in office. Today he’s gone, felled by a prostitution scandal that has all the markings of Greek tragedy.
From the moment the news broke last week, I’ve received dozens of e-mails from students, clients, friends, and blog readers asking whether/when I would post about the governor. I held back, for several reasons. First, what can one say in the moment that isn’t in very bad taste or already said? Second, I didn’t want to seem to be piling on. And third, I felt sympathy for the human beings affected by his behavior: certainly for his family; even for Mr. Spitzer; also for the then-unidentified woman, whose photo has now been splashed all over the papers, including the online versions of those sensationalist tabloids the New York Times and Wall Street Journal.
But from a modest distance, some lessons now begin to emerge. One of them is this: Absent a dollop of humility, there’s a substantial likelihood of humiliation. (more…)
The Red Herring of Social Media
While many of us feel comfortable with Pay Per Click (PPC) advertising, something like Pay Per Post (PPP) and Pay Per Vote blogging would probably make us feel quite uncomfortable and could disturb our sense of social media authenticity. Most of us have a blogroll we trust and turn to for wisdom on a regular basis. Could we still trust blog posts if Pay Per Post blogging could potentially corrupt social media?
Because blogs and social media web sites generate a lot of traffic, adopting social media tools has become a magic pill for increasing online rankings and amping up revenues.
But is adopting social media tools a magic pill or a red herring? And is a company that seeks lucrative deals in the black market of social media jeopardizing its reputation and creating mistrust among its stakeholders? (more…)
The Times, They Are A-Changing…
The 1960 televised debate between Vice President Richard M. Nixon and Senator John F. Kennedy was a turning point. It forever changed politics. The power of the visual image to emphasize sizzle over steak was initially a surprise to political scientists. Kennedy’s win, attributable to his superior performance in the debate, wasn’t supposed to happen.
And TV also changed the way Americans experienced the world. Suddenly, TV was the medium of social cohesion.
We watched as Walter Cronkite wiped a tear and announced to a stunned nation that President Kennedy had died.
We watched as Cronkite provided live commentary on the moon landing. And we watched as he pronounced the war in Vietnam unwinable. Vietnam became the first “living room war,” playing out on our TVs.
I believe that history will look back at the 2008 election and declare that it too represents a turning point. (more…)