Corporate Citizenship Blog

From survive to thrive: Maintaining resilience to succeed in the long term

Posted by Katherine V. Smith, Executive Director on Mar 1, 2017 11:53:17 AM

“…Time and the world do not stand still. Change is the law of life. And those who look only to the past or the present are certain to miss the future.” ~John F. Kennedy

British Standard, BKVSBlog-TargetLastinImpact-1.pngS65000 (2014) defines "organizational resilience" as "ability of an organization to anticipate, prepare for, and respond and adapt to incremental change and sudden disruptions in order to survive and prosper."

Corporate citizenship has a unique role to play in ensuring your company continues to thrive even in difficult times. A well-designed corporate citizenship program is the foundation to being able to weather adverse events. There are four critical practices to help any company PASS through disruptions and continue to thrive:

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Topics: Business Perspectives, Corporate Citizenship, Management Practices, Responsible Corporate Leadership

Leading change across sectors and sects

Posted by Katherine V. Smith, Executive Director on Feb 1, 2017 11:45:05 AM

Who matters most: shareholders or the people? Around the world a revolt seems under way. A growing cohort—perhaps a majority—of citizens want corporations to be cuddlier, invest more at home, pay higher taxes and wages and employ more people, and are voting for politicians who say they will make all that happen. Yet according to law and convention in most rich countries, firms are run in the interest of shareholders, who usually want companies to use every legal means to maximize their profits…executives fear that they cannot reconcile these two impulses. Should they fire staff, trim costs and expand abroad—and face the wrath of Donald Trump’s Twitter feed, the disgust of their children, and the risk that they’ll be the first against the wall when the revolution comes?... Or do they bend to popular opinion and allow profits to fall, inviting the danger that, in the run up to their 2018 annual general meeting, a fund manager…will topple them for underperformance?

Schumpeter, "Six sects of shareholder value," The Economist, January 21, 2017

All corporate citizenship work is about change. Every environmental or social investment made by a company is about using the assets of business to change our operating context for the better. This should be a no-brainer, right? Isn’t any change for the better, well…good? The rhetoric put forth in The Economist’s Schumpeter column earlier this month presents with wry humor a range of six corporate responses to the question it proposes and highlights the conflicts that arise from competing social and economic perspectives. 

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Topics: Business Perspectives, Corporate Citizenship, Management Practices, Responsible Corporate Leadership

Corporate Disaster Relief: Strategic efforts to rebuild and strengthen communities

Posted by Stewart Rassier, Director of Executive Education on Jan 30, 2017 2:45:17 PM

Helping communities rebound from a traumatic event or natural disaster requires multi-level and cross-sector effort. There are immediate needs to be met—such as trauma support—and in the case of extreme weather events—food, water, and shelter. To make the most of their disaster relief programs, corporate citizenship professionals must partner internally and externally to make the best possible use of all available resources, from community involvement efforts like corporate giving and volunteering to more operational activities like security, logistics, and supply chain management.

Disasters, no matter what their scale, have economic ramifications in addition to the social and environmental consequences. According to the United Nations Office for Disaster Risk Reduction, wildfires, floods, droughts, and other natural disasters were responsible for more than a trillion dollars in economic damage in 2015 and that number is only expected to increase as climate-related natural disasters become more frequent.

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Topics: Workplace Giving, Corporate Philanthropy, Partnerships, Community Involvement, Employee Engagement, Corporate Volunteerism, corporate giving, Responsible Corporate Leadership

2017 Conference: Corporate Citizenship Ecosystems

Posted by Katherine V. Smith, Executive Director on Oct 4, 2016 9:00:00 AM

In the more than three decades since the Boston College Center for Corporate Citizenship was founded, so much in our field has changed. Corporate citizenship has gone from a sideline effort of a few well-meaning companies to a strategic business imperative deemed vital by the majority of executives. Why has this shift occurred? Because business leaders have come to recognize that corporate citizenship delivers business AND social value—and that both of these are crucial to achieving sustainable growth.

In the last three decades, the role of a corporate citizenship professional has evolved.  While many still operate in small teams, you have become experts at drawing on the ideas and information, expertise, effort, and financial support of your internal and external partners to advance your businesses, your communities, and our world.

2017Conference-20160926_KVS-blog.jpg

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Topics: Business Perspectives, Corporate Citizenship, CSR, Conference, Responsible Corporate Leadership

Career and Learning in Corporate Citizenship

Posted by Katherine V. Smith, Executive Director on Jul 29, 2016 10:00:00 AM

“An investment in knowledge pays the best interest.” ~ Benjamin Franklin

TabletWithCover.pngCorporate citizenship is a unique field in that, through its practice, we seek to address an enormous range of issues—from water stewardship to employee wellness to access to education.

Our mission of employing each company’s specific capabilities to provide quantifiable value to both business and society demands much of us as corporate citizenship professionals. To achieve it, each of us must have a thorough understanding of our company’s social and environmental impacts, an awareness of our stakeholders’ needs and interests, a strategy that addresses the issues that are material to our business and which our firm’s capabilities are best suited to tackle, and a way to measure and evaluate our impact.

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Topics: Executive Education, Responsible Corporate Leadership

About Us

Welcome to the Boston College Center for Corporate Citizenship blog, we are your resource for corporate citizenship insights, research, trending topics and executive education. Our blog is a place to exchange ideas and learn about corporate citizenship.

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