How can companies look to build resilience and operate in uncertainty? By taking inspiration from those that have long navigated instability.
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As a “watchdog”, advocacy NGOs ensure sustainable business practices by identifying potential harm companies may cause to the environment and society, as well as instances of greenwashing. But their role goes beyond policing.
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One of the best-known examples where a company's owner and employees care intrinsically about sustainability is #Patagonia.
@INSEAD professor Thomas Keusch explains why companies need to pay attention to #sustainabilty and the role of #NGOs.
Full video: knowledge.insead.edu/respons…
AI-based simulations can put job candidates in realistic and dynamic workplace scenarios that require them to make real-time, on-the-spot decisions.
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A well-crafted culture statement can act as a guiding vision for shaping #CorporateCulture. But it is only as effective as the people who embody it.
Without the right people, even the most inspiring statement is just words on a page.
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Six ways resilient firms adapt to disruption:
1. Learn and adapt at lightning speed
2. Lean on local partnerships
3. Make room for redundant infrastructure
4. Build your own stability
5. Localise production sustainably
6. Empower employees to be agile
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When building a culture, shaping attitudes is important, but identifying your strategic objective (e.g. cutting cost, managing business complexity) is even more critical.
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To build your desired #corporateculture, it starts with finding the right fit.
If you hire individuals whose values and personalities don’t align with your desired culture, you are unlikely to achieve the behaviours you’re aiming for.
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Businesses have no choice but to constantly adjust their strategies. For many companies in emerging markets, this way of thinking is second nature.
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NGOs are an important part of the #sustainability ecosystem.
Even regulators such as the European Securities Markets Authority are looking to NGOs to identify greenwashing by companies.
Watch the full video by @INSEAD professor Thomas Keusch here👇
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Companies pour significant resources into crafting culture statements, viewing a strong #corporateculture as critical to business success.
Yet what truly matters is often overlooked: human behaviour – how people act, interact and make decisions.
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Activists, scientists and academics must promote an “urgent optimism” with regard to the climate challenge, grounded in evidence and actionable knowledge.
We can’t let climate deniers or doom-mongers distort the climate discourse and prevent change.
knowledge.insead.edu/respons…