15 Minutes with Thomas Vander Ark
SSIR Managing Editor Eric Nee spoke with the X Prize Foundation’s president, Thomas Vander Ark, about how prizes can stimulate social innovation.
SSIR Managing Editor Eric Nee spoke with the X Prize Foundation’s president, Thomas Vander Ark, about how prizes can stimulate social innovation.
Nike has traveled the full range of the corporate social responsibility movement, from the campaigning days when it was a poster child for all things to do with poor working conditions through the era of multistakeholder partnerships. It has now moved into the next phase where corporate responsibility becomes part of the business model. Speaking at the Stanford 2007 Responsible Supply Chains Conference, Nike's VP for corporate responsibility, Hannah Jones, looks at the future of corporate responsibility as the focus shifts upstream.
As the boundary between the for-profit and nonprofit worlds continues to blur, how may philanthropy evolve to assist social change? In this panel discussion, academics and practitioners consider how public—and private—sector support may be combined in new ways in the future to fund progressive domestic and global social enterprises.
Companies around the world are trying to figure out how to evaluate their performance—as well as that of their suppliers—on a host of corporate social responsibility (CSR) dimensions in areas such as diversity, community development, and environmental issues. How can CSR influence business initiatives and the value of CSR efforts be measured? In this panel discussion, Stanford 2007 Responsible Supply Chains Conference panelists share lessons and resources.
For Wal-Mart, social responsibility includes keeping products affordable to the millions of low- and middle-income consumers who form the bulk of its customer base. In this University podcast, Lawrence Jackson, former Wal-Mart president, brings the perspectives of someone who grew up in inner city Washington, D.C., to ask a Stanford audience at the 2007 Responsible Supply Chains Conference whether pushing for social and environmental responsibility in business is a racially and economically segregated movement.
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.