What’s the percentage of effectively executed Strategic Plans? According to Fortune 500 Magazine, it’s less than 10%. In his article, The Balanced Scorecard: From Strategic Plan to Effective Execution, in Charity Village, John Paul de Silva, promotes the use of the balanced scorecard method, which as its name suggests, balances the strategic plan map among four areas of operations: “earning and growth, internal processes, customer (or in the case of nonprofits, funding source), and financial.” de Silva quotes, Clinton Free of the Queen’s School of Business, who states that “quantifying a strategic plan into measurable terms results in the development of success markers that can … Continue reading Less Than 10% of Strategic Plans Are Executed (How Nonprofits Can Use the Balanced Scorecard Method to Succeed)
As reported by Cone, Inc., in late August, this year’s Back to School, included a bevy of cause related initiatives from Corp’s ranging from Target to JC Penney. The Give with Target, campaign allowed Facebook users to ask for votes for their favorite school on a Cause page; for every 25 votes, the Company donated a $25 gift certificate to the school for up to $10,000 per school. This is part of Target’s commitment to raise $1 billion for K-12 education by 2015. So far they have raised $2.5 million for American Schools. The large reach potential of … Continue reading Back to School CSR Initiatives: Does Mega Brand Cause Marketing always = Sustainable Social Change?
Lingerie and Human Rights? Who Made Your Pants Founder Becky John, found a way to marry two of her long time passions, by taking sweat shops out of the under garment production equation. When you ask yourself ‘Who made your pants?,’ if they are indeed from this UK Company, you can be assured they were stiched up in the Southamption factory’s cooperative, where jobs are being created “for women who’ve had a hard time.” To top (or bottom) it off, the Company is removing items from the waste stream, by up-cycling the fashion industry’s un-used end of season remnants and designs. Finally, all profits … Continue reading “Who Made Your Pants?” Don’t ‘Sweat’ it; This UK Co. Up-cycles & Provides Great Working Conditions for Women
The nuns, led by Director of Corporate Responsibility Sister Norah Nash, have pleaded their case for protecting consumers, lowering executive pay and donating to the poor to executives since 1980. Goldman Sachs, McDonalds, Wells Fargo and BP are among the many companies who have gotten an earful. “We want social returns, as well as financial ones,” Sister Nora says. “When you look at the major financial institutions, you have to realize there is greed involved.” To get the executives to listen to them, the Sisters purchase the minimum amount of stock ($2,000) so they can submit resolutions during shareholders meetings. … Continue reading Clever Nuns ‘Use the System’ to Crusade for Corporate Responsibility, as reported by Gothamist
Huffington Post Impact, October 30, 2011 If you or your organization has developed an innovative solution to a crushing social problem and you want to share your story with a large, elite and influential audience, we encourage you to submit a video. Continue reading McKinsey & Company calls for Videos from Today’s Most Promising Innovators…Is That You?
Dion Hinchcliffe, of the Dachis Group, presents a great diagram depicting the rise of social business from the ashes of the corporate model. He attributes this evolution to the “Shirky Principal, ” When markets change and the economic rules evolve — as they always do — companies that have an excessively vested interest in the status quo don’t bend or adapt to new ways of doing things. Instead, they usually break. This has been called the Shirky Principle, namely that “institutions will try to preserve the problem to which they are the solution.” When you have a global business environment … Continue reading From the Ashes of the Smoldering Corporate Business Model, The Rise of the Social Business Model: A Diagram
About AccountAbility: AccountAbility is a leading global organization providing innovative solutions to the most critical challenges in corporate responsibility and sustainable development. Since 1995 it has helped corporations, non-profits and governments embed ethical, environmental, social, and governance accountability into their organizational DNA. A unique value proposition brings together leading-edge research, the widely-recognized AA1000 Series of Standards and strategic advisory services to deliver practical solutions for clients. The creation of a new Advisory Council at AccountAbility is a move which Sunil “Sunny” Misser, Chief Executive Officer, believes will enable the organisation to make an impact on corporate good practice at a hitherto … Continue reading More AccountAbility coming to Corporate Social Responsibility