http://blogs.bcccc.net/2008/10/corporate-citizenship-meets-the-financial-meltdown-threat-or-opportunity/ Fri, 12 Feb 2010 16:59:20 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://blogs.bcccc.net/2008/10/corporate-citizenship-meets-the-financial-meltdown-threat-or-opportunity/comment-page-1/#comment-45 Iulia Gus Fri, 12 Dec 2008 00:08:34 +0000 http://blogs.bcccc.net/?p=155#comment-45 It's interesting to analyze the different situation in USA and Romania (my country) related to this two topics: economic meltdown and CSR. Here, the crisis is in its incipient phase so nobody really went so deep in judging this correlation. It’s interesting to analyze the different situation in USA and Romania (my country) related to this two topics: economic meltdown and CSR. Here, the crisis is in its incipient phase so nobody really went so deep in judging this correlation.

]]> http://blogs.bcccc.net/2008/10/corporate-citizenship-meets-the-financial-meltdown-threat-or-opportunity/comment-page-1/#comment-9 Kevin McCall Fri, 14 Nov 2008 14:58:23 +0000 http://blogs.bcccc.net/?p=155#comment-9 The dramtic changes in the global economy, led by the financial services meltdown and now dragging the consumer into the fray, will hopefully serve as an overdue inflection point marking a shift to that new form of capitalism that Gates envisions. The inter-connectedness of the global market place requires an operationalization (making it happen as opposed to talking about it - which we've been doing for too many years) of the post-Friedman notion of a corporation's responsibility to a broad base of stakeholders beyond simply the shareholder. Could this end up looking, though on a global scale, similar to the old model of 'company towns', those small towns dominated by a large company that acknowledged the clear linkage between the health and vitality of the local community and the long term health and vitality of the company? Could the current crisis - and the concurrently changes coming to Washington via the new administration - accelerate this? Certainly. Will it take a long time? Definitely. There is ample cause for optimism. The generation of young people under 30 who are recently in or soon entering the workforce will meet this challenge with a remarkable set of baked in skills and attitudes: their facile embrace of technology; their networking habits; their community service experience; their global perspective. They are watching the best and worst of capitalism, as we have known it for the last century, play out, and they will change it for the better. I hope to hang aroung long enough to participate and see it take hold. The dramtic changes in the global economy, led by the financial services meltdown and now dragging the consumer into the fray, will hopefully serve as an overdue inflection point marking a shift to that new form of capitalism that Gates envisions. The inter-connectedness of the global market place requires an operationalization (making it happen as opposed to talking about it – which we’ve been doing for too many years) of the post-Friedman notion of a corporation’s responsibility to a broad base of stakeholders beyond simply the shareholder. Could this end up looking, though on a global scale, similar to the old model of ‘company towns’, those small towns dominated by a large company that acknowledged the clear linkage between the health and vitality of the local community and the long term health and vitality of the company? Could the current crisis – and the concurrently changes coming to Washington via the new administration – accelerate this? Certainly. Will it take a long time? Definitely. There is ample cause for optimism. The generation of young people under 30 who are recently in or soon entering the workforce will meet this challenge with a remarkable set of baked in skills and attitudes: their facile embrace of technology; their networking habits; their community service experience; their global perspective. They are watching the best and worst of capitalism, as we have known it for the last century, play out, and they will change it for the better. I hope to hang aroung long enough to participate and see it take hold.

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