Principal Voices is intended to be a global debate everyone can participate in, and we are keen to hear your views on the subjects being discussed. These comments will form a central part of the Principal Voices Web site.
What do you think? What does your company do for the community?
Every corporate leader today wants his or her company to be socially responsible. In our world of mass communication, if corporate leadership is not able to demonstrate it operates with a social conscience, then very survival of the corporation will be in doubt.
If we talk seriously about leadership and responsibility, any corporation that produces any product should be responsible for the return of any used or damaged products. No more garbage, no dumping whatsoever.
Hi, i believe that the hunger for growth is choking human values and ethics.
It is high time to have a balance between profit and inner peace, a bridge between corporate goals and personal life. Otherwise, we are heading towards a world devoid of emotions where everything is mechanics rather than chemistry.
It's nice you have Shell involved ;)
With what I hear they're doing in the River Niger Delta in Nigeria they are a big part of the problem, not the solution. Though they may have good intentions, it's a publicly traded company which must prioritize profits over anything else - shareholders demand it.
Shell = oil. There's a conflict of interest in there somewhere.
I'm a final year law student who intends to major in corporate governance. In my view about the relationship between a company and the community, I feel strongly that companies owe a lot to the communities in which they are situated and it's all about giving back to the society, because the government cannot do everything.
In other words, community development mostly should lie with the private sector (the company).
It has been known since 2000 (Brookings Unseen Wealth research; intangibles crisis) that corporations as currently measured compound destruction of human sustainability and trust-flow. This is because global audits as currently processed are the perfect maths for cutting systemic purpose quarter by quarter. Boxing performance instead of empowering flow.
Mathematically, it is quite simple to value goodwill holistically and this would compound very different consequences. For example, if all major corporations in the global energy market integrated the missing maths we would not have reached that exponential state of decay of sustainability where Stern reports that 1% of national economies may need to be invested to save 20%
My organization renders legal aid and pro bono services for indigent members of the community, especially those victims of torture on death row. Members of the public are very much appreciative of our legal services.
As a Nigerian, I know that the companies there are simply interested in profit making. The idea of corporate responsibility is just in the books. They only seem to act ethically in certain instances when it will profit their shareholders.