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Abstract
Runaway climate change and rampant inequality are ravaging the world and costing a fortune. Who will help lead us to a better future? Business. In this book, Paul Polman and Andrew Winston argue that to thrive today and tomorrow, companies must become 'net positive' - giving more to the world than they take. The introduction starts with the failed hostile takeover of Unilever, a company focused on creating stakeholder value in service of a better world, highlighting shareholder primacy in action. The introduction lays out what a 'net positive' business is (improving well-being of everyone it impacts), describes the existential challenges facing humanity (the biggest being climate change and inequality), and the significant tailwinds making a deep transition possible and profitable. Chapter 8 dives into tough topics like excessive executive compensation, tax avoidance, corruption, human rights, money in politics, and diversity and inclusion. These issues are contributing to our largest problems, in particular inequality and power imbalances. A company cannot be truly net positive if it doesn't address these thorny issues. This chapter is excerpted from 'Net Positive: How Courageous Companies Thrive by Giving More Than They Take'.
Chapter from: "Net Positive: How Courageous Companies Thrive by Giving More Than They Take"
Published by:
Harvard Business Publishing
Version: 5 October 2021
Length: 77 pages
Topics:
Corporate social responsibility; Environmental sustainability; Leadership; Personal purpose and values; Sustainable business practices; Strategy; Strategy formulation; Value creation; Business and society; Strategic positioning; Organizational transformation; Turnarounds; Leadership development; Developing employees
Chapter from: "Net Positive: How Courageous Companies Thrive by Giving More Than They Take"
Published by:
Harvard Business Publishing
Version: 5 October 2021
Length: 66 pages
About
Abstract
Runaway climate change and rampant inequality are ravaging the world and costing a fortune. Who will help lead us to a better future? Business. In this book, Paul Polman and Andrew Winston argue that to thrive today and tomorrow, companies must become 'net positive' - giving more to the world than they take. The introduction starts with the failed hostile takeover of Unilever, a company focused on creating stakeholder value in service of a better world, highlighting shareholder primacy in action. The introduction lays out what a 'net positive' business is (improving well-being of everyone it impacts), describes the existential challenges facing humanity (the biggest being climate change and inequality), and the significant tailwinds making a deep transition possible and profitable. Chapter 8 dives into tough topics like excessive executive compensation, tax avoidance, corruption, human rights, money in politics, and diversity and inclusion. These issues are contributing to our largest problems, in particular inequality and power imbalances. A company cannot be truly net positive if it doesn't address these thorny issues. This chapter is excerpted from 'Net Positive: How Courageous Companies Thrive by Giving More Than They Take'.
Related
Chapter from: "Net Positive: How Courageous Companies Thrive by Giving More Than They Take"
Published by:
Harvard Business Publishing
Version: 5 October 2021
Length: 77 pages
Topics:
Corporate social responsibility; Environmental sustainability; Leadership; Personal purpose and values; Sustainable business practices; Strategy; Strategy formulation; Value creation; Business and society; Strategic positioning; Organizational transformation; Turnarounds; Leadership development; Developing employees
Chapter from: "Net Positive: How Courageous Companies Thrive by Giving More Than They Take"
Published by:
Harvard Business Publishing
Version: 5 October 2021
Length: 66 pages