Alice Korngold's blog

Korngold has been consulting to global corporations on CSR, and training and placing business executives on nonprofit boards for 20 years. She also consults to nonprofit/NGO boards. She consults in the U.S., Europe, Asia, the Middle East, and South America. Her firm provides distance learning as well as interactive, on-site board governance training for corporations and nonprofits.

Korngold is the author of "Leveraging Good Will: Strengthening Nonprofits by Engaging Businesses" (Jossey-Bass, a Wiley Imprint, 2005). The Carnegie Corporation and Mott foundations funded her work consulting to cities nationwide to help them establish board-matching and leadership programs. She has lectured at Harvard Business School, the Tuck School of Business at Dartmouth, Columbia Graduate School of Business, and the Stern Graduate School of Business at NYU. She has a B.A. and M.S.Ed. from the University of Pennsylvania.

Investing in Women--And Not Just in the Abstract

You can probably name the CEOs of many global corporations--but you might not be able to name the people who serve on the boards. Nor might you be able to say how many women serve on the boards. 

And yet, corporate boards make decisions that affect shareholder value, company brand and reputation, global economies and industries, employment, the environment, human rights, the fortunes of suppliers and

...

Nonprofit Boards: Boot Camp for Corporate Executives

With global corporations actively pursuing growth opportunities in emerging markets, Harvard Business School Professor Bill George raises the compelling leadership development challenge facing these businesses in this HBR blog. He points out how companies require entirely new approaches to prepare leaders for "aligning employees around the company's mission and values, empowering people to...

You're Rich, Now What? 3 Steps To Using IPO Windfalls In Meaningful Ways

This week's Facebook IPO generated a deep trove of wealth for a new generation of young entrepreneurs. The question for them now is, what are you going to do with your billions? 

If you’re curious by nature, perhaps you’d like a new adventure. Since you have money to play with, maybe you’d like to play at something you’ve never played before. Maybe you’d like to get to know yourself a bit better. Or maybe you'd like to...

Hewlett Packard's Global Corporate Vision

Imagine a company catalyzing a new approach to student learning and achievement in science, technology, engineering, and math (STEM). And what if the company’s purpose were to prepare students around the world, from all corners and walks of life, to collaborate in solving social and environmental problems, beginning right now?

Imagine the power of the relationships these children will have when they are in their 20s and 30s as they continue to work with each other.

Sound ridiculous to you? Do you wonder: How is this possible, given that one billion children live in poverty,...

2012: Inspiration & Leadership from Thunderbird Global Business Dialogue

As 2012 begins, I derive a great deal of hope and inspiration for a better world from the people I met at Thunderbird School of Global Management’s Global Business Dialogue.  There, I had the honor of moderating a panel on “Sustainable Prosperity: Can Greed Save the Planet.”  And together with more than 1,000 business executives, government officials, social sector leaders, entrepreneurs and scholars, we spent two days engrossed in topics from emerging market growth to entrepreneurship and renewable energy.  
 

'This Is Alice Korngold, She's an Activist'

That's how Eugene Lang introduced me to the President of Swarthmore College when we met a few years ago. I was startled by the introduction. Standing there in Gene Lang's office in my black suit and black patent heels, that wasn't the introduction I anticipated. I've thought it over many times since then. And actually, Gene Lang nailed it.
 
By the age of sixteen, I could have been the poster child for a crisis nursery, domestic violence shelter, and rape crisis center. On the...

Imaginary Boards: The Secret to a Better World

Imagine the members of a nonprofit board being so committed to the mission that they put the board meetings in their calendars in advance and attend all meetings in person; make financial contributions and ask their company and friends to support the organization; always act to advance the mission; and disclose any potential conflicts of interests.
 
Imagine the board having a highly effective...

Charity And Service: Giving Like The Stars

On January 12, all retailers and manufacturers that do business in California will be required to publicly disclose their efforts to eradicate slavery and human trafficking from their supply chains; actress Julia Ormond was one of the key forces behind passage of the new legislation. 

“Julia Ormond, a tireless humanitarian activist and founder of the...

Forget CSR and CSV, Let's Go for CGV -- Corporate Global Vision

Philanthrocapitalists are to be applauded for their abundant generosity in seeking and funding solutions to some of the world's most daunting challenges, including poverty, healthcare, education and the environment, just to name a few. And all of our personal charity and volunteer service is vital. But to a great extent, we are often trying to fix problems that are being created anew every day.

At the root of these systemic social failures are the practices of some -- not all -- companies...

The Nonpartisan Agenda of Corporate Social Responsibility

You're placing corporate executives on nonprofit boards?" exclaimed the senior program officer of a prominent and well endowed national foundation. He looked at me with horror. Then he spit out, "But they're Republicans!"

This was in 2002, nearly a decade into my career in providing strategic corporate social responsibility (CSR) consulting to global corporations, training and placing hundreds of business executives on nonprofit boards, and consulting to the boards of universities, healthcare institutions and a wide variety of global, national, and regional
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Arzu Studio Hope Weaves New Paths For Peace And Prosperity In Afghanistan

"The military has learned that when you seed an economy, people will put down their guns," says Connie Duckworth. "That’s why the Marines asked me to don 30 pounds of body armor to meet with them in Helmand Province in Afghanistan," where she had established Arzu Studio Hope, an artisanal rug manufacturer that employs 1,000 women, who in turn support 4,000 family members in Afghanistan.

Afghanistan is officially the worst place in the...

"After The Parade" Helps Returning NYC Vets Long After The Welcome-Home Banner Passes

How do you convey the profound experiences and needs of veterans returning from Iraq and Afghanistan, and do so in nine words on a poster, or a 30-second ad? That was the challenge facing Aaron Padin, head of art, and Drew Train, account director at marketing communications firm JWT New York, who led more than a dozen volunteers, including strategists, copywriters, photographers, and editors to create “...

Nobel Laureate Leymah Gbowee And The Roles Of Women In War And Peace

“Tomorrow our children will ask us, ‘Mama, what was your role during the crisis?’” Leymah Gbowee said that this thought motivated her to organize and lead what became a mass action women’s movement that ended Liberia’s brutal civil war in 2003. Under Gbowee’s inspired leadership, Christian and Muslim women joined together to face President...

Investing in Leadership to Advance Capitalism and the World

“The time has come for corporations to extend their time, their products, their expertise, and their values in innovative ways,” Howard Schultz, CEO of Starbucks Coffee wrote in “Invest in Communities to Advance Capitalism” a recent Harvard Business Review post. I fully agree. Furthermore, for more than two decades, I have seen that the greatest impact that companies can have in advancing regional...

Vote Now To Strengthen Nonprofits

Vote early and often to tell American Express where to spend their philanthropic dollars.  Choose from among 25 meaningful historic sites that are also vital community centers in the Twin Cities--from providing arts programming to addressing social justice. The deadline is Wednesday, October 12. 

The winning nonprofit will get the largest share of a $1 million pot, but five years of experience with this AmEx contest shows that the winners along with many of...

What Moneyball Has To Teach Boards Of Directors

A group of about ten older men sitting around a meeting table were droning on uninspiringly, making their recommendations to the general manager of a baseball team. That scene of the Oakland Athletics scouts in Moneyball reminded me of too many meetings of boards of directors. Most familiar of all was the group’s reliance on the same tired old perspectives, none of which had proven successful in helping to build a championship baseball team.

There is a difference between team scouts and...

Chelsea Clinton And IAC: While Some Companies Argue About Women On Boards, IAC Just Does It

While others debate whether boards should have one woman or two or three, whether quotas should be mandated or not, where on earth to find a woman who has adequate experience or intellect, and whether or not a woman might degrade shareholder value, IAC/InterActiveCorp did something bold.
 
This leading global internet company...

Helping Foster Digital Learning: What's In It For Business

Self-interest is the fundamental driver for investors in the "saving the world" business. Companies want to help educate people in remote corners of the U.S. and developing countries because educated people will get jobs, make money, and buy products. 

Governments, meanwhile, want to help educate people for jobs to increase the tax base and build more vibrant communities. The key, of course, is preparing people for the right jobs--jobs for which employers are and will be hiring, jobs that require digital literacy. And at the high end, jobs will require aptitude in science...

Living And Working To 100

The good news is that many of us will live to be over 100 years old. The challenge will be--and already is--preparing ourselves for new jobs as technology advances and markets change. This requires workforce training and education on a massive scale. As individuals, we need to continuously develop relevant skills and expertise, build our networks and relationships, and assess our priorities as we look ahead to longer lives in a dynamic world. In the meantime, there are and will be painful disruptions for individuals, families and countries.

That was my takeaway from thrilling,...

Investing In Girls For Major Economic Growth In Developing Countries

 How do you add U.S.$3.4 billion to Kenya’s gross income every year? According to The World Bank, this could be achieved if all 1.6 million adolescent girls in Kenya completed secondary school and the 220,098 adolescent mothers were employed instead of falling pregnant early. In its newly released report, “Measuring the Economic Gain of Investing in Girls: The Girl Effect Dividend,” The World Bank calculates the positive...

Impact Investing: Getting Financial Returns While Building A Better World

Imagine trillions of private sector dollars pouring into healthcare, affordable housing, education, agriculture, distributed utilities, and restructured social spending in emerging markets and here in the U.S.  No, not in the form of charity; rather, in the form of "impact investing." This is already beginning to happen, according to Antony Bugg-Levine, the newly named President and CEO of the Nonprofit Finance Fund (NFF).

“Impact investing is any investment that intends to produce a social and...

Swimsuit Maker Vilebrequin Wants To Keep Our Beaches Clean

A cynic might say that bathing suit manufacturer Vilebrequin has a self interest in clean beaches and the vital aquatic life it holds. After all, swimming, snorkeling, deep sea diving, boating, and other ocean-oriented recreational and educational activities are good for the swimwear business. Well, frankly, that’s great news for those of us who believe that corporate social responsibility has to be good for...

If You Need Strong New Nonprofit Board Members, Address Internal Housekeeping First

"We need you to find us a new board chair. We want the CEO of a major corporation who will contribute at least $100,000 annually including the company’s contribution, bring fellow CEOs onto the board, and fundraise vigorously."

It’s not at all unusual for me to receive such a request. As a nonprofit board consultant, I am frequently called upon by NGO/nonprofit CEOs to help identify and recruit new board members who can step in as leaders. I also receive requests from boards for new board members who will make financial contributions at many times the level that their board...

How Management Consultants Can Build A Better World

 More and more, nonprofit philanthropists, such as Pierre M. Omidyar and Peter B. Lewis are providing management consulting services to their grantees in order to increase their organizational effectiveness. Good move. In fact, better for the world, considering the vital missions of these NGOs and nonprofits--eliminating poverty and...

Ten Things You Need To Know To Raise Capital For Your Nonprofit

For most nonprofit organizations, financial success depends on building a board of directors that is generous in helping to contribute and raise the "venture capital" to launch the enterprise, and strategic in working with the CEO to help establish and achieve a financially sustainable revenue model. It's nearly impossible for a CEO to maximize an organization's financial potential without a highly effective board. And where there's no money, there's no mission.

Worst story ever: no venture capital from the board...

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