The Future of the UN Global Compact – New York Inspirations

Empire State of Mind
Empire State of Mind, sung at UNGC summit

The UN Global Compact is a UN initiative that invites companies to sign up to voluntarily being more socially and environmentally responsible, and making a positive contribution to sustainable development. As Ive worked in corporate responsibility and partnerships for 15 years and with the UN on and off for about 13 years, this initiative is something Ive followed from the start. Recently I went to their Leaders Summit in New York. My highlight was the Alicia Keys number at the end of the conference, sung by a woman from a Harlem group that performs to raise funds for social work. That made me realise maybe Im a bit “conferenced out” and need to go to some more concerts! For 4 days, going back and forth to Times Square I couldnt stop singing “Concrete jungle where dreams are made of, there’s nothing you cant do, now your in New York….. etc… lets hear it for New York, New York”, so it was a fine finale.

I did a video message at the conference. Shame they didnt edit the chat in the middle about whether I had said things in the way they wanted!

The Empire State of Mind song also got me thinking about we might do do with this initiative if we thought anything possible, so I reflected and wrote up some ideas on the future of the UN Global Compact, available at:
http://www.lifeworth.com/consult/2010/08/from-global-compact-to-global-impact/

Alica’s great tune..

Photo: UN Global Compact/Michael Dames

Thoughts on the future of CSR, ESG, Responsible Finance and Social Enterprise

This Friday CSR Geneva participants will be sharing their views on the future of this field of practice – what is likely and what we each feel is needed. What follows is an excerpt from my book “The Corporate Responsibility Movement”, published last year. In it I describe the emergence of a movement and suggest that we learn from past movements, and social science scholarship on social movements, to better effect systemic change in society (or, to use the Gladwellian lingo used in the UN Global Compact Summit last month, to reach a “tipping point” in business sustainability).

Read on, and do share your views on the future of CSR, ESG, Responsible Finance and Social Enterprise, especially as it relates to what Geneva-based organisations are or can do, and what CSR Geneva might do in future; via our CSR Geneva Linked In group.

“The key trends in corporate responsibility that can be identified from the events and views chronicled in this volume are:

Standardising. As more people and organisations work in this field, so the need to compare and benchmark performance increases, and new codes and qualifications emerge

Mainstreaming. As the limits of individual corporate action in delivering commercial returns and addressing the scale of societal challenges become apparent, so more executives are looking at how to encourage broader changes in society to allow them to invest more in social and environmental excellence

Integrating. As the commercial and legal relevance of performance on social, environmental and governance issues grows, so does the need to integrate this into the various organisational functions, such as marketing, design, human resources and so on

Levelling. As economic, political and cultural power shifts from the West to the rest of the world, so the CR strategies and performance of Southern corporations becomes more important, not only in the global South, but even in the West, and more CR initiatives emerge from non Western countries with their own values and emphasis

Enterprising. As the limits of existing business models and corporate forms in delivering solutions to societal problems appear, as well as the limits of tradition philanthropy and advocacy, so more companies seek to profit from provision of innovative market-based solutions to societal problems

Yoyoing. As the underlying drivers for corporate responsibility increase, so more societal challenges are translated into matters of corporate responsibility and opportunity, and so various issues yoyo to the top of the corporate agenda and suggest a redefinition of the challenge as one of sustainability, ethics, rights, accountability, governance, innovation, efficiency and so on. In light of such yoyoing, the ‘responsibility’ framework remains useful

If you benefit from mnemonics, the initial letters make this a ‘smiley’—‘:-)’—of emerging corporate responsibility trends. The mainstreaming and enterprising trends, which parallel the emergence of societal leadership and social innovation strategies from companies, show how executives have been learning through their engagement with corporate responsibility and that there is an endogenous desire from within the corporation.”

(from The Corporate Responsibility Movement, Jem Bendell, 2009, Greenleaf Publishing, pg 12-13) http://www.greenleaf-publishing.com/productdetail.kmod?productid=2767

Crowd-sourcing philosophy on Facebook

The power of crowd-sourcing information and ideas is proven by the power of wikipedia. New innovations in crowd sourcing include crowd funding, for instance for the movie Age of Stupid.

I decided to have a crack at this for something quite abstract, yet very important.

I have increasingly realised how easy it is for people to assume that one “thing” is “good” and become attached to that assumption in ways that lead to bad judgement. It happens a lot in the worlds of organisational and policy development. Examples in my field include cross-sector partnerships being seen as always good, or U process facilitation as always key, or government subsidy or regulation related to climate change as always good. Im a fan of each of these, but I’ve seen how assuming such things to always be good without understand context or intention, is a real problem. I realised this is something related to very deep themes around systems thinking and non-attachment. So, I thought I’d put the question out to my pals on facebook, to see how they could help me clarity these insights, so I could then communicate them more clearly in my advisory and writing.

Here are the preliminary results. If you can, please add in comments on this post, and Ill continue to crowd-source philosophy through wordpress!

The thread:

May 17th Facebook status: Jem is looking 4 egs or quotes 2 illustrate a problem of mistakenly thinking a practice or thing is itself “good”, rather than seeing it as good at a particular time due to its context-dependent effect & people’s intention behind it, so that no “thing” is good, except an intention & an ability to understand effects in cont…ext. The same thing in different contexts & with different intentions is not the same thing. Ideas?

Jerri Husch
read some of the early work in anthropology, ie. Clifford Geertz who talks about meaning creation. Or read some of Peter Berger and Luckmann’s stuff from the ’70’s who talk about action and the “social context of meaning creation”. They were the early ones to talk about how the “norms” of what is “good” and what is “bad” are based on the social context of the actors and objects….. 30+ years later they are still the best—-good luck with the work and would love to see what you come up with.
May 17 at 1:08am ·

Jem Bendell
thx. im not wanting to study it, simply to communicate this principle as simply as possible, and mention any classics e.g. from antiquity, that make the same point. any ideas?
May 17 at 1:24am ·

Jerri Husch
maybe check this out…..a good overview and maybe some quotes?http://books.google.com/books?id=kd3w_tWWeewC&pg=PA35&lpg=PA35&dq=berger+and+luckmann+objectification&source=bl&ots=tDLpE3YYXZ&sig=SKkqJTkl-h092Mo7Z6UpiHRTLRs&hl=en&ei=IH_wS7DZLsP6lwef9dm1CA&sa=X&oi=book_result&ct=result&resnum=9&ved=0CDsQ6AEwCA#v=onepage&q&f=false
May 17 at 1:32am ·

Trineesh Biswas
more neo-classical than classical, but economic governance in the uk and the us for most of the last thirty years has been marked by the notion that privatisation, deregulation, and market forces were always good and efficient, with insufficient case-by-case analysis.
May 17 at 9:45am ·

Linda Popova
A tip from a Classicist, though not necessarily easy to communicate…Read Derrida’s essay “Plato’s Pharmacy”, which, among other things, discusses the “betterness” of the spoken word over the written. It is essentially a discussion of Plato’s dialogue Phaedrus and the relationship between memory and writing. It is centered on the use of the word… See More ‘pharmakon’, which in ancient Greek means both remedy and poison. Socrates’ death by drinking the hemlock is hence said to be ambiguous: is it damnation or salvation? The Phaedrus itself makes use of two further myths – the myth of the cicadas and the myth of Theuth – to illustrate that point…Also of interest, on the ambiguity of mental concepts (metaphors) dependent on context, Lakoff’s and Johnson’s book Metaphors We Live By is a good primer, with less linguistic jargon than my first recommendation. Good luck. Fascinating subject. Would be curious to see your take on it. Best, L
May 17 at 9:46am ·

Linda Popova
p.s. And then, of course, there’s Kant’s take on the subject and my musings on the Patriot act (with which I am sure you will disagree), but nonetheless, you could use this as an example of divergent vs convergent thinking. Since science should be based on divergent mental models, i.e. competing hypotheses rather than scholarly dogma (convergent politics), I am happy to be in disagreement:-)

Late Night Thoughts on the Patriot Act: Size Matters


May 17 at 10:05am ·

Kate Tench
To raise the tone somewhat and spin netgative to positive – “Even a stopped clock tells the right time twice a day” Withnail & I (I believe it was “I”).
May 17 at 11:10am ·

Tiago Pinto-Pereira
“Knowledge is neither good nor bad, but man’s use of
it can be either good or bad.” Paraphrases a sentence i remember in my theory of knowledge course in high school. Not sure of the origin of this epistemological sentence.
May 17 at 1:01pm ·

Vicente Garcia-Delgado
The problem arises because we keep under the illusion that things are “things” when they are really “processes”. For example rather than saying “I am” we ought be saying “I become.” (try that for size…)
May 17 at 3:33pm ·

Jerri Husch
what a great conversation!! Thanks Jem et. al.!!!
May 17 at 4:24pm ·

John Manoochehri
Those are too complicated as examples.

Start with the original myth: the Midas touch. King Midas wanted gold, because it was his hearts desire, and was granted the wish that all he touched would become gold. He touched a tree and rejoiced at the golden tree. He touched his daughter – and then was distraught at the golden daughter. “The same thing… See More in different contexts & with different intentions is not the same thing.”

This story has at least two resonances: the problem of proxy-indicators of welfare, and the problem of the changed context.

One reason Midas liked gold, and the reason we like money, and consumer goods, is that they are ‘vehicles’ or welfare, they ‘carry’ welfare, but they are not in fact happiness or value themselves.

What happens all too often is that these vehicles of welfare, in particular when we get used to ‘storing’ them, as a way of holding over welfare into the future for example (e.g. by hoarding gold to buy more things in the future, banking money, etc), become ‘proxies’ of welfare, i.e. we see them as stand-ins for the welfare itself, and thereby, equivalent to the welfare itself, in the mind. The need to translate the proxy into the actual welfare recedes, and we become obsessed with money and object ownership, even while being unhappy!

Thus we are reminded “only when the last tree has died and the last river has been poisoned, and the last fish has been caught, will we realise that we cannot eat money”. The child that has a hoop and a stick is happy, and the man with a house full of goods is sad, even if the house holds his old hoop and stick. “The same thing in different contexts & with different intentions is not the same thing.”

The other resonance is problem of changed context, where, not particularly because one’s concept of, or intention for, an object or action has changed (e.g. from an object as a vehicle of welfare, to an object as a proxy of welfare), but because the situation has changed, and thereby the welfare effect of the object or action has changed.

The hopeful boyfriend who brings a beautiful rose to his second date, shining with expectation that the girl will fall for his charms, but forgetting his girlfriend is allergic to roses; the father trembling down the stairs towards a disturbing noise, with a baseball bat clutched for protection, discovering it is just his child watching TV; the mythical king mistakenly turning to gold what he valued more than gold, more than anything – all of these are examples of an initial intended welfare effect of an object or action having quite the opposite effect (rose > love; rose > sickness; baseball bat > protection; baseball bat > threatening act; golden touch > more lovely gold things; golden touch > one less lovely daughter).

Or, as you put it. “The same thing in different contexts & with different intentions is not the same thing.”
May 17 at 11:05pm ·

Jem Bendell
im beginning to find a wonderful new use for facebook because of u guys! Hey, its funny how people think that someone having a midas touch is a good thing. Many people speak of a designer or ceo having a midas touch for a brand.. and yet.. the midas touch is a tragic story of greed and ignorance.
May 18 at 12:27am ·

Jem Bendell
ps: this has been such an interesting use of fb ill blog about it, so anyone else wanna chime in this week? all tips welcome.
May 18 at 12:28am ·

Vicente Garcia-Delgado
go ahead! “I am becoming” game!
May 18 at 12:31am ·

Dumb ideas on the deficit

The new government is getting ready to cut public spending to reduce the deficit. That means people losing their jobs, and people who need support getting more “efficient” support i.e. less. Someone you know is probably worrying about their job; maybe they’ve told you, maybe they just didn’t seem their usual selves.

So, as it seems rather peculiar to me that a government doesnt own its own currency and therefore gets into debt in its own currency, here are some dumb ideas to reduce the deficit, not the country.

First, tell the Bank of England to write off all UK government bonds, or gilts, that it holds. No arguments, replace any bureaucrats at the bank if they disagree.

Second, tell those banks that the government has major shareholdings in to loan pounds to the government at zero interest, to a certain proscribed level that the bank can administer without failing.

Third, pass legislation requiring all banks registered in the UK to lend a certain percentage of all their loans to the government at zero interest.

Fourth, charter a new bank, the Bank of Britain, wholly owned by the tax payers of the UK (one tax payer one share, non tradeable), that would have assets such as national treasures assigned to it as collateral, and instruct it to use the maximum of its fractional reserve lending powers to lend pounds to the UK government without interest, and instruct the Bank of England to give the Bank of Britain it’s full support.

Fifth, tell the Royal Family that they must donate any shares in the subsidiary of the Bank of England (BoE Nominees) and any government-related shares (Treasury Stock) to the new Bank of Britain to demonstrate their duty as principle citizens at a time of financial crisis. If they dont, make the request public. If they still dont, then legislate for it.

Sixth, outlaw mechanisms financiers could use to bring down the economy or the government, such as short selling of certain items and the use of dark pool masked trades, and issue clarification that commercial acts intended to force governments to collapse is treason. It might be less dumb to take this action first, not last.

Seventh, establish a Financial Truth and Reconciliation Commission to explore how the current monetary system was designed, who designed it, and the necessary restorative justice, and also a Monetary Democracy Inquiry to explore policy options at home and abroad for a fair and sustainable financial sector.

As these ideas havent been argued by specialists and politicians, I must presume that are dumb ideas. Therefore I would benefit greatly from any teaching from monetarists or lawyers explaining why precisely each of these ideas is unworkable, and are more dumb than stopping able-bodied people from using their skills to help their neighbours in our “big society”, just because of a change to our money supply?

Or is it dumb to say the pound is ours?

My Micro-blogging: http://twitter.com/jembendell

Been tweeting about work, since starting this in January. If the stuff below is of interest, follow me at http://twitter.com/jembendell

Just added event on the Authentic Luxury Network; speaking in Geneva on June 3rd at Hotel Bristol, from 12. http://ning.it/9vKWZn

Academics back carbon tax not cap & trade scam http://tinyurl.com/257uplm Implications for CSR & ESG http://tinyurl.com/38mztwx/ climate 1:55 AM May 11th via web

Checking out “Paris Drinks of the “Authentic Luxury Network”” on authentic luxury network: http://ning.it/cLoFvx 9:22 AM May 4th via a Ning Network

Bee colonies collapse. We’re part of nature; & the least wise of species 2 forget it http://tinyurl.com/2u64ozc & http://tinyurl.com/2ut7pq9 5:01 AM May 2nd via web

Paris 7th to 9th then Geneva 9th to 12th – http://www.authenticluxury.net drinks on 7th in Paris, then on to UN event on financial crisis in GVA 11:38 AM May 1st via web

finally UK politician speaks of systemic changes; not deep enough but at least some straight talking http://tinyurl.com/y4ywy2m sri csr 8:57 AM Apr 20th via web

What is a University to do when staff are caught at plagiarism? PR crisis to opportunity? http://tinyurl.com/y7bfjec csr businessethics 12:23 PM Apr 12th via web

just worked out ive produced 111 publications (not including blogs n tweets). will upload on http://www.jembendell.com at some point in 2010 4:29 PM Apr 8th via web

after some stressful deadlines, remembering what’s really important https://jembendell.wordpress.com/2010/04/07/the-happiness-epidemic/ 10:49 AM Apr 7th via web

entrevista en el lujo sostenibles http://www.embelezzia.com/eventos/tarde-de-lujo-con-jem-bendell csr sustainability luxury lujo 10:25 AM Mar 26th via web

talks on sustainable luxury in Madrid on Mar 24 @ ISEM Fashion BusinessSchool http://www.isem.es/isem/mailer/secretosdelujo.php csr 8:09 AM Mar 18th via web

‘Going Green: The Future of Luxury’ broadcasts on CNBC Europe 12th Mar 23.00(CET), 13th&14th @ 20.30(CET) also at http://tinyurl.com/yb9wezu 8:10 AM Mar 12th via web

Pakistan fund to sign UNPRI making it 1st asset owner in SouthAsia. Will India catch up? http://tinyurl.com/yfjx5fs csr sri finance 1:15 PM Mar 11th via web

The FT reports on a growing shift to responsible & sustainable luxury & my little role in that. http://tinyurl.com/ygdf45d fashion csr

Beware the new irresponsible biz lobbying in green mask http://bit.ly/b13Vw1

In rare interview #UNPRI boss talks2me about #SRI #ESG #sustainablefinance #CSR #GFC & work of #UN with investors http://tinyurl.com/yjke7jd

CSR Jobs Portal

For those of you who didnt know, in 2001 I set up a corporate responsibility jobs site. Last year we revamped it to become the world’s most comprehensive source of CSR jobs info. It uses fancy open source technology to amalgamate jobs info from around the world, and send it out to users on the basis of their expressed preferences. There are over a 1000 opportunities on the site at any one time. A copy of the bulletin going out today follows below, so u can see the way it looks (although without the links). The portal is at http://www.lifeworth.com so check there if you want to follow up on one of the job opportunities!

——– Original Message ——–
Subject: Lifeworth Monthly Bulletin
Date: Thu, 13 May 2010 12:27:31 +0100
From: connect@lifeworth.com
To: jem

Welcome to the Lifeworth Monthly Bulletin of jobs and events in responsible enterprise. It includes an editorial from Lifeworth, featured events, top jobs, other events, the top topics on our site, and this month’s expert insights. Your user name is jem. For information on how to retrieve your password or unsubscribe, see the bottom of the email.

FROM LIFEWORTH: TOO BUSY TO KEEP UP WITH THE CSR JOB SCENE?

We should never be too busy to look at the horizon. But many of us are so busy with the here and now of our jobs. Therefore we don’t have time to see what opportunities are out there for us to make a greater impact in the world. But now there is a solution….

Read more from Lifeworth’s Jem Bendell

THIS MONTH’S FEATURED EVENT

Don’t Miss Deadline for Jobs at the Principles for Responsible Investment (UNPRI)

The Principles for Responsible Investment is an investor initiative in partnership with UNEP Finance Initiative and the UN Global Compact.
28 May 2010
more…

THIS MONTH’S TOP JOBS

Knowledge Manager, Edelman, USA
Director of Implementation Support, UNPRI, United Kingdom
Director of Communications and Marketing, UNPRI, United Kingdom
Clearinghouse Manager, Social Issues, UNPRI, United Kingdom
Community & Corporate Social Responsibility Manager, Nestle, United Kingdom
Consultant, WWF-UK, United Kingdom
Supply Chain Manager, BCI, China
Associate – Budget & Financial Analyst, Room to Read, USA
Director of Value Chain Social Responsibility, Cisco, USA
CSR/Labor Rights Program Associate , Verité, USA
Contract ESG Research Analyst, RiskMetrics Group, USA
Communications Specialist, Shakti Foundation, India
Corporate Social Responsibility ( CSR ) Specialist, Al-Majal For Environmental & Technical Services, Oman

THIS MONTH’S TOP EVENTS

Don’t Miss Deadline for Jobs at the Principles for Responsible Investment (UNPRI), UNPRI
Ouverture Inscriptions DAS Management durable, HAUTE ECOLE DE GESTION GENEVE & UNIVERSITE DE GENEVE, Switzerland
International EFMD – FDC Conference “Strategic Movements in Business Education”, FDC, Brazil
Launch of the 2010 Corporate Responsibility Salary Survey Results, Acre Resources
Local money design webinar series 2, Value for People, Germany
2nd International Worldly Leadership Summit ‘Leading with Responsibility and Conviction’, United Kingdom
1st International Conference in Responsible Leadership in Africa., South Africa
BASELondon 2010, Siemens, United Kingdom
ERSCP-EMSU 2010 Conference, Netherlands
2010 Asian Business & Management Conference, Japan
Asia Pacific Academy for Business In Society (APABIS) Annual Conference, Japan
CSR and International Development Executive Summer Course – Switzerland – July 4-11, 2010., University Geneva & MHC International Ltd, Switzerland

THIS MONTH’S EXPERT INSIGHTS

Innovative Financing for Global Networks Steve Waddell begin_of_the_skype_highlighting     end_of_the_skype_highlighting on Networks
Marketing and Military Metaphors Ryan Jones
Video Blog: Steve Puckett on CSR in Singapore and the Energy Sector Wayne Visser
CSRI News Digest (Week 1, May 2010) Wayne Visser
McDonald’s Announces “Global Best Practices” in Sustainability Supply and Green Initiatives Wayne Visser
Sustainable Packaging Delivers Lighter Weight, Higher Recycled Material Content Wayne Visser
Cow Manure Project to Produce 38,000 mWh of Power Annually Wayne Visser
EPA Helps States, Utilities Reap Greater Energy Savings Wayne Visser
Canadian Lawmakers Pass Climate Change Act Wayne Visser
Chemical Supply Chain Embraces Wal-Mart’s Sustainability Goals Wayne Visser
Spain’s Leading PLC’s Take Close Look at Suppliers’ CSR Credentials Wayne Visser
Does Type of Ownership Matter for CSR? Wayne Visser
Slides: CSR 2.0: The Future of Corporate Social Responsibility Wayne Visser
Course: Introduction to CR (London, 13 Jul 2010) Wayne Visser
Course: Measuring Socio-Political Risk (Calgary & Edmonton, 14 & 17 May 2010) Wayne Visser
Online course: Sustainability Reporting (21 Jun-1 Aug 2010) Wayne Visser
CSR 2.0: From the Age of Greed to the Age of Responsibility Wayne Visser
BP: morally confused? Adrian Henriques
A New Approach to Network Leadership Steve Waddell on Networks
Oil spills and externalities Crane and Matten

THIS MONTH’S TOP TOPICS

1. General Environment (446)
2. Education or Culture (266)
3. Consumer Affairs (157)
4. Capacity Building (125)
5. Social Development (116)
6. Social Enterprise (107)
7. Human Rights and Security (98)
8. Diversity and Non-Discrimination (98)
9. Sustainable Resource Use (88)
10. Community and Philanthropy (77)
11. Climate Change (76)
12. Public Health (74)
13. Clean Technology (45)
14. Governance and Risk (28)
15. Pollution Prevention (27)
16. Health or Safety at Work (19)
17. Intellectual Property and Tech Transfer (16)
18. Responsible Investment (11)
19. Sustainability Reporting (9)
20. Personal Development (8)
21. Stakeholder Dialogue (8)
22. Anti-Corruption (8)
23. Employee Ethics (4)
24. Labour Practices (4)
25. Fair Marketing (3)
26. Fair Competition (3)
27. Fair Supplier Relations (3)
28. Fair Taxation (3)
29. Social Dialogue (3)
30. Employment Creation (3)
31. Political Involvement (1)

Recruiting

To include a job or event on our website and in this bulletin, visit http://www.lifeworth.com. A listing is free, with an optional charge to promote it to the top of our database, on our homepage and have it included in the monthly bulletin.

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The happiness epidemic

My colleague at Lifeworth Consulting, Janna Greve, sent me this on an email. Couldn’t find it on the web, and I like it, so am posting here.

Beware; Epidemic of happiness

A worldwide epidemic is spreading at astonishing speed. The WOW: the world organisation of well-being forecasts that billions of people will be infected within the next 10 years.

Here are the symptoms of this disease:

1) A tendency to follow ones own intuition rather than act under the pressure of fears, standart opinions and conditioning from the past.

2) Total disregard for such behaviours as passing judgements on others, on oneself, and being interested in whatever entails conflicts.

3) Total loss of the ability to worry (this represents one of the most serious symptom).

4) Constant pleasure in delighting in things and beings as they are, thus leading to our completely giving up the desire to change others.

5) Intense desire to transfrom oneself to positively handle ones thoughts, emotions, physical body, material life and enviroment, so as to constantly develop ones health, creativity and love potentials.

6) Repeated bouts of smiling, a smile which means thank you and gives a feeling of unity and harmony with all lives.

7) Constant opening to ones inner child, simplicity, laughter and joyfulness.

8) More and more frequent moments of conscious communication with ones non-dual soul… Being, which fosters a very pleasant feeling of fulfillment and happiness.

9) Taking pleasure as behaving as a healer who brings joy and light rather than as a critical and indifferent person.

10) The ability to live alone, with a partner, as a family or in society with a sense of flowing harmony and an equal footing, without acting as a victim, a tormentor or a saviour.

11) Feeling responsible and happy to offer the worlds ones dreams for a plentiful, harmonious and peaceful future.

12) Total acceptance of ones presence on earth and will to choose at every moment beauty, goodness, truth and life.

If you want to go on living in fear, dependency, conflicts, illness and conformism, avoid all contact with persons presenting these symptoms.

This disease is extremely catchy.

If you already show symptoms, you must know your condition is unrecoverable.

Medical treatment may momentarily cause some symptoms to disappear, but cant stop the inevitable progression of the harm.

No anti happiness vaccine exists.

Since this epidemic of happiness induces in people the loss of the fear of dying, which is one of the central pillars of modern materialistic societys beliefs, social unrest may break out, such as strikes of the desire to strife and being always right, rallies of joyful people to sing, dance and celebrate life, circles of sharing and healing, bouts of laughter and sessions of collectively letting off steam and unwinding emotions.

Each time we think we have achieved something, on the spiritual level, life quickly reveals there is still quite a lot of work to do… thank you

> so, if you know where it originated from, leave a comment.

BBC implies in its “Fact of the Day”, that Indira Gandhi and Mahatma Gandhi were related!

In a schoolboy error the BBC confused J Nehru with MK Gandhi on its homepage today.  A screen shot follows below. In its “Fact of the Day” it says:

Gandhi’s father was State Prime Minister of Porbander in India. Two years before he died, when Gandhi was 13, he married him off to a 14-year-old girl.

“My father was a statesman. I’m a political woman. My father was a saint. I’m not.” INDIRA GANDHI

Ms Indira Gandhi was speaking of her father Jawaharlal Nehru. The juxtaposition of the two statements on the BBC suggests they see a relation between the two Gandhis.

While it’s good to see MK Gandhi mentioned on the BBC, it’s a pity its done with such sloppiness. It’s not uncommon for famous names to be mentioned and their lives and insights into life just assumed. So many people like to quote Adam Smith in defence of current forms of capitalism, without any knowledge of his writings about the role of values and the importance of up-close ownership and face-to-face accountability through the market. Even in India the life and work of MK Gandhi is not looked at very closely, and his own views on economic life are ignored or mis-interpreted. For instance, Gandhi wrote about “economic trusteeship” being his view of how capitalism should operate. Today those few business leaders who have heard of that concept consider it means a paternalistic responsibility to employees and communities. Yet it does not – it demands accountability of those who control assets to those who are affected by that form of control. Otherwise, property rights should be revoked. It is therefore a concept of capital democracy. I develop this in the latest Lifeworth review of corporate responsibility, called Capitalism in Question. I quote from it:

“Indian independence leader, Mohandas K Gandhi, articulated a concept of ‘trusteeship’ in some of his writings. This arose from his view that everything is owned by everyone, and wealth is owned by those who generate it. Thus the one who controls an asset is not an owner but a trustee, being given control of that asset by society. Gandhi wrote “I am inviting those people who consider themselves as owners today to act as trustees, i.e., owners, not in their own right, but owners in the right of those whom they have exploited.”1 In the Harijan paper his views on trusteeship of property were later documented to clarify “It does not recognize any right of private ownership of property except so far as it may be permitted by society for its own welfare” and “under State-regulated trusteeship, an individual will not be free to hold or use his wealth for selfish satisfaction or in disregard of the interests of society.” He also wrote that “for the present owners of wealth… they will be allowed to retain the stewardship of their possessions and to use their talent, to increase the wealth, not for their own sakes, but for the sake of the nation and, therefore, without exploitation.”2 Gandhi did not develop these ideas further, as he had other preoccupations, such as generating economic self-sufficiency, inter-communal understanding, and the non-violent expulsion of the British Empire. The concept there remains to be developed and applied further.”

If people are now even confusing Nehru with Gandhi, perhaps it really is time for another look at some of the great leaders and thinkers of the past century, and what they might tell us about the future of our societies.

1Gandhi, M K. Gandhi’s Philosophy On Trusteeship, http://www.gandhi-manibhavan.org/gandhiphilosophy/philosophy_trusteeship.htm

2Gandhi, M K. (1946) Harijan, 31st March pg. 63-64. http://www.mkgandhi-sarvodaya.org/momgandhi/chap53.htm

The Final Annual Review from Lifeworth – challenging Capitalism!

For the past 9 years I have written an annual review of the corporate responsibility field. In each review I have focused on what I thought were key trends, and sought to promote heartfelt and progressive engagement in this field. 2010 is the final year of my writing quarterly reviews in the leading Journal of Corporate Citizenship. Next year, therefore, I will produce a new edited book, with co-author Ian Doyle, that analyses the last 5 years. Then, Ill focus less on written commentary and more on implementing the ideas and insights from the past decade.  So, as this is the final annual review, I thought it important to encourage us all to use this time of post-crisis reflection to go deeper, and see how our work might relate to the kind of economic transformations we need for a fair and sustainable world. Hence, when I saw how many people are now debating fundamental elements of “capitalism” I thought it important to bring this to the fore. Because, as the World Economic Forum draws to a close in Davos, the real debate about the future of our economic systems is only getting started… in the real world of people’s communities and businesses. The press release for the new review follows below.

Post-crisis, Capitalism now a focus for CSR, says Lifeworth Review

Press Release from Lifeworth. February 1st 2009.

Capitalism is up for debate, and that’s a good thing, according to a new review from a management consultancy. “The dual financial and climate crises are leading people in all walks of life to question the kind of economy that makes sense for their businesses, communities and families,” explains lead author of the review, Associate Professor Jem Bendell. “As well as some anger at bankers, the financial crisis has led many to ask deeper questions about finance in general and, therefore, about capitalism. From bars to seminars, bookshops to board meetings, capitalism is being discussed – openly and critically,” he claims.

Entitled “Capitalism in Question”, the annual review describes how politicians and even business leaders are calling for more critical assessment of what kind of economic system we need for a fair and sustainable future. The review from Lifeworth Consulting summarises over a dozen books that have been published in the last weeks that debate the relative merits of capitalism and what form of economic governance is needed post-crisis, and in a new era of economic power. “The majority of these new books seek to do something that previously seemed neither necessary or interesting − to defend capitalism,” says John Stuart of Greenleaf Publishing, which supports the review.

Bendell explains that defensiveness wont help. Referring to the “Restoring Trust” report overseen by Allianz, Barclays Capital, Blackstone, and Carlyle Group, among others, he said “seeking to defend one’s immediate interests, as the banks writing the recent World Economic Forum report clearly did, is not how we are going to discover together the next step in our economic evolution. Fearful people in incumbent institutions may waste our time with diversionary drivel, but real exploration of the core issues is unavoidable. The question now is who should participate and how.”

Co-author of the review, Lifeworth Consulting’s Ian Doyle, explained that “much of the corporate social responsibility, or CSR agenda, has been predicated on a belief that government is constrained by global finance and can, or should, only intervene in markets to a limited extent. The giving of huge amounts of money to private banks may suggest that global finance is still dominant, but it also shows that sometimes when called on to act, most governments will intervene in markets in dramatic ways. So it’s not unreasonable for people to look to their governments to now shape responsible business practice more than before. And that is what we are seeing.”

The review is a call for people to become more involved in exploring how to evolve economic systems to promote fair and sustainable societies, says Bendell. “We are calling for this kind of engagement because after doing nine years of quarterly responsible business trends analysis for the Journal of Corporate Citizenship, we have concluded that there is a nascent social movement for the transformation of business and finance. Behind the jargon of corporate social responsibility, corporate accountability, environmental management, social enterprise, and responsible finance, are people like you and me who want to change the way business does business and the way money makes money. As such we need to think through what we are aiming for, longer term, and how we can work in concert. We all need to look up from our projects and shape the unfolding programme of economic transformation.”

To contribute to the debate, Lifeworth offers a framework for democratising capitalism. As Bendell, who is also Lifeworth’s director explains, “It’s simply that we need more governance of capital by people who are directly affected by its ownership and control. From that one concept flow many implications for tax, currencies, stocks, and all social and environmental regulations. This democratisation of capitalism could be the ultimate goal of the corporate responsibility movement, and the seeds of this approach are already to be found in the ideas and practices of many people working on corporate responsibility today.”

A discussion of economic systems can seem distant from the day-to-day preoccupations of most executives and the academics who seek to educate them, but as Bendell suggests, “making such connections will be important if the corporate responsibility movement is to have a substantial and lasting effect on commerce and society.” In ‘Capitalism in Question’ some initial guidance is given for how business leaders and educators can play a socially progressive role at this time. Specific multi-stakeholder initiatives are recommended.

The review of trends in corporate responsibility during 2009 includes analysis of government stimulus packages, responsible tax management, responsible mining, responsible cosmetics and beauty businesses, as well as particular trends in Asian and Francophone countries. It also explores the potential of ‘design thinking’ for sustainable business innovation, and provides in-depth analysis of the implications of the Copenhagen climate summit.

“Deep changes will be required in economic governance if we are to achieve a sustainable society… Capitalism will change, there is no doubt, and it must change so that it delivers both private wealth and public good” explains Professor Malcolm McIntosh of the Asia Pacific Centre for Sustainable Enterprise. “As we enter a period of potential reconfiguration of economic governance, leaders of organisations will need to better understand the issues, actors and dynamics to be successful. Part of Griffith Business School in Australia, Professor McIntosh’s centre supported the free release of this review to promote creative thinking at a time of critical global challenges and because “the lead author Jem Bendell, is an important commentator on the world stage.”

Dr Bendell says there are important implications for management education. “In Griffith’s new “Graduate Certificate for Sustainable Enterprise” we help our students to navigate increasingly complex social and political contexts so they can find ways to prosper by being part of the solution.”

‘Capitalism in Question: The Lifeworth Annual Review of 2009’ is available in pdf for free download at http://www.lifeworth.com/consult/2010/02/annualreview/

Lifeworth’s responsible enterprise trends analysis during 2010 can be obtained by subscribing to the ‘Journal of Corporate Citizenship’. New subscribers to the journal before March 31st 2010 receive all 2009 copies for free. Visit http://www.greenleaf-publishing.com

Information on Griffith’s research centre and graduate certificate is available at http://www.asiapacificsustainableenterprise.com/

For media enquiries about ‘Capitalism in Question’ contact Jem Bendell via connect [at] lifeworth.com or +44(0)2071936102

A time to tweet

I didn’t want to sign up to Twitter because I thought it mad to want to blurt out stuff about what you are doing every minute of the day.

I see that Ricky Gervais and Steven Fry are quitting it, getting tired of blah blahing about things.

But during COP15 I realised twitter is a useful tool. As I clicked on the tag #COP15 it provided a form of real-time human-managed search engine, through the use of tinyurl.com or other forms of linking to webpages from twitter. Thus I saw it a great way to share your own work on matters of topical discussion.

So, I wont be tweeting about what I had for breakfast or who I met at lunch. But for another way to share what myself and my colleagues at Lifeworth are doing or putting out.

After I sent my first tweets I got 4 new followers in a minute.  Thanks guys.

My first tweets:

  1. jembendell

    @COP15 it was wrong 4 #business & #banks 2push4 #CapAndTrade 4 the #climate We must seek a global #carbon charge http://tinyurl.com/yz2f5c9

  2. jembendell

    @davos #WEF is right 2report values at heart of #FinancialCrisis but #davos isnt yet the answer to those #values. http://tinyurl.com/yc4paph

  3. jembendell

    #UN #fashion show is happening! Great when idea comes 2gether. Praise #ecochic. Step 4ward 4 #sustainable #luxury http://tinyurl.com/ykgkf6g

All of them posted from this internet cafe in India.  If someone buys me an iphone or googlephone you’ll be even better informed.  Just send the cash via paypal to connect@lifeworth.com

😉