With energy costs on the rise and the U.S. government expected to push for reduced carbon emissions, environmental sustainability has become a market imperative for Hewlett-Packard. Speaking at Stanford for the 2007 Responsible Supply Chains Conference, HP's senior VP of personal systems, Tony Prophet, shares how his company is working to reduce its environmental footprint throughout the product life cycle.
When Hurricane Katrina hit New Orleans, Stuart Smolkin's conveyor belt manufacturing company, Intralox, had no disaster plan in place. The company had to deal with the disruption of electricity, phones, and computer systems in order to organize evacuated employees into recovery teams. How did Intralox get running again in a mere 30 days? In this Stanford podcast, Smolkin offers lessons on preparedness for businesses faced with disruption.
Starbucks has developed guidelines for creating and maintaining a sustainable supply chain, which it calls Coffee and Farmer Equity (C.A.F.E.) Practices. These coffee-buying guidelines help the company establish equitable relationships with farmers, workers, and communities. In this audio lecture recorded at Stanford during the 2007 Responsible Supply Chains Conference, Willard Hay explores what's making C.A.F.E. Practices successful.
Multinational corporations are in a quandary: Stakeholders are imposing higher standards than ever, but businesses are confused about what their global social responsibilities actually are.
Workers paid by the hour are less likely to volunteer than are salaried employees.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
The key to creating a vibrant and sustainable company is to find ways to get all employees personally engaged in day-to-day corporate sustainability efforts.
The era of corporations integrating sustainable practices is being surpassed by a new age of corporations actively transforming the market to make it more sustainable. Open access to this article is made possible by The Regents of the University of Michigan on behalf of the Erb Institute.
Business leaders play vital roles in the nonprofit sector – as board members, donors, partners, and even executives. Yet all too often they underestimate the unique challenges of managing nonprofit organizations.
Understanding these six important differences will both facilitate better conversations and help channel funds appropriately.
