How Global Leaders Should Think About Solving Our Biggest Problems
Many corporate leaders have returned to work after making sincere and well-intentioned global partnership announcements at Davos last week. Most of these efforts, unfortunately, are almost certain to fail.
Why? These initiatives often collapse as partners become discouraged by the lack of meaningful progress for society or economic benefit to the company. To be successful, companies must create highly targeted coalitions to advance progress in the regions that connect most closely to their business.
A new guide from FSG, The Social Ecosystem Dilemma — And How to Fix It, highlights the need for companies to take a new approach in order to capture important opportunities for growth and profitability that are often blocked by long-entrenched social or environmental problems. By identifying, managing, and overcoming these barriers, companies can create value for their shareholders and help lead social progress.
The guide outlines concrete and actionable steps for companies to build shared value ecosystems, based on insights from 12 companies across industries from around the world.