When Good Companies Do Bad Things

When Good Companies Do Bad Things

Peter Schwartz Blair Gibb / Sep 19, 2019

When Good Companies Do Bad Things A good reputation is certainly an asset for any company but to a public that has raised its expectations of business responsibility to society being good just isn t good enough More than public rela

  • Title: When Good Companies Do Bad Things
  • Author: Peter Schwartz Blair Gibb
  • ISBN: 9780471323327
  • Page: 272
  • Format: Hardcover
  • A good reputation is certainly an asset for any company, but to a public that has raised its expectations of business responsibility to society, being good just isn t good enough More than public relations posturing or kowtowing to political correctness, social responsibility in corporations is proving essential to the long term success of companies in today s globalizedA good reputation is certainly an asset for any company, but to a public that has raised its expectations of business responsibility to society, being good just isn t good enough More than public relations posturing or kowtowing to political correctness, social responsibility in corporations is proving essential to the long term success of companies in today s globalized economy Businesses must now contend with a globalized public that is increasingly aware of business obligations to society and expects a level of accountability that most companies cannot meet Good companies must go beyond merely being good they must have integrity and a strategy aligned with it Integrity in business has traditionally meant being honest, upright, and ethical, but in response to globalization, companies are being forced to move beyond this definition and add to it another fundamental quality integration with society Corporations must anticipate and respond directly to the demands of public opinion rather than waiting for government intervention, mediation, and regulation to force them into action When Good Companies Do Bad Things explores the strategic relationship between know how, integrity, and integration, demonstrating how companies that fail to embrace the deeper meanings of these terms jeopardize their reputations and future prosperity The notion of corporations taking on social issues for the greater good is gaining momentum, not only because of political correctness but because it can strengthen a company s long term strategy Peter Schwartz and Blair Gibb examine well known cases of companies like Shell, Nike, Texaco, and Nestle, illustrating the huge financial risks of corporate assumptions that lead many companies to make poor choices When Good Companies Do Bad Things explores the strategic relationship between know how and integrity, demonstrating how companies that do not embrace the deeper meanings of these terms can jeopardize their own reputations and future prosperity The authors present new approaches that demonstrate how it is possible to translate social value into business value Peter Schwartz, author of The Art of the Long View, and Blair Gibb recount well known cases of companies like Shell, Nike, Texaco, and Nestle, companies that found themselves facing accusations of hazardous environmental practices, racism in the workplace, and human rights violations To themselves and the corporate world they were each considered good companies, until they were blindsided by issues on which large segments of the public felt that their trust had been violated Schwartz and Gibb present new approaches to avoid the financial pitfalls of bad corporate assumptions and enable good companies to make good on translating social value into business value.

    The Biggest Difference Between Good and Great Companies But good companies will always be a step or two behind great companies Eventually the good won t seem so good any, and those organizations won t achieve high growth the way a great company Why Good Companies Go Bad Harvard Business Review Most struggling companies have a good sense of what they need to do They have stacks of reports from inside analysts and outside consultants, all filled with the same kinds of recommendations. Companies That Are Doing Good While Doing Well Mic To become one of the good guys, many companies are focusing on company culture and investing in innovation and sustainable business practices to better the world. Good Companies Your Guide to Brands that Do Well by Good Companies is an online resource created to help you find brands with a than profit business model Through donation based give back models and innovative solutions to environmental and social challenges, these are companies that strive to do well by doing good. Church Dwight Be Thankful When Good Companies Are The debt level has grown in recent years due to the company s expansion via acquisition Total Bank Debt EBITDA peaked at .X in FY but is expected to be below .X by the end of FY. Best Companies to Work For Fortune Daily Best Companies to Work For This year s annual list of best companies to work for features Hilton in the top spot But the companies on this list belong to a variety of industries, from When Bad Things Happen to Good Companies Inc Companies spend billions of dollars to protect their computer systems from attacks Yet they still happen Recently, one of those incidents hit dangerously close to home, when a company called The Best Car Insurance Companies for February NerdWallet looked at J.D Power ratings, Consumer Reports surveys, and nationwide complaint data on the largest insurers to rank the best car insurance companies. Good to Great Good to Great After the leap, the good to great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world s greatest companies, including Coca Cola, Intel, General Electric, and Merck. Real Customer Reviews Best Company We are committed to help you find the best company for you That s why we ve taken the time to provide clear and easy to read rankings, reviews, and breakdowns of companies in over different industries

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      272 Peter Schwartz Blair Gibb
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    About "Peter Schwartz Blair Gibb"

      • Peter Schwartz Blair Gibb

        Peter is the author of Inevitable Surprises 2003 , a provocative look at the dynamic forces at play in the world today and their implications for business and society His first book, The Art of the Long View 1991 , is considered a seminal publication on scenario planning and was recently voted the No 1 futures book by the Association of Professional Futurists He also co authored The Long Boom 1999 , a vision for the world characterized by global openness, prosperity, and discovery When Good Companies Do Bad Things 1999 , an examination of and argument for corporate social responsibility and China s Futures 2001 , which describes very different scenarios for China He publishes and lectures widely and served as a script consultant on the films The Minority Report, Deep Impact, Sneakers, and War Games Peter received a B.S in aeronautical engineering and astronautics as well as an honorary doctorate from Rensselaer Polytechnic Institute.


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