The President of Iceland talks about why Iceland recovered earlier and more effectively than every other economy that suffered from the economic crisis. Perhaps the West needs more debate on the best path to inclusive prosperity.
[Please download the free white paper, "A Journey in Search of Capitalism 2.0" and learn about the design principles of a sustainable economy.]
Capitalism drives companies to increase profits: No issues there, but let’s tweak the rules to ensure more well-being
Last week TSSS and CSRwire launched a New Webinar Series, “Capitalism 2.0: A Deeper Dive”, designed to explore the future of Capitalism. Judging by the huge turnout, it would appear that people are hungry for a conversation about meaningful change towards a sustainable economy.
Click here to listen to the webinar recording
Also posted in Business and Sustainability, Capitalism 2.0, Culture Change, wellbeing Tagged capitalism 2.0, CSRwire, Mark Anielski, new economy, spirit of capitalism, sutainability, tsss, webinar, wellbeing
When I was a director of a financial institution in the 1990s, we struggled in vain to get top executives to pay attention to the Board’s sustainability priorities. To no avail. Then we stumbled upon the idea of rewarding the CEO for long-term sustainability performance. The result? We saw a dramatic improvement in the company’s sustainability performance from then on (financial performance, too!). Once we realized the impact of this simple measure, the board quickly embedded the principle in its compensation philosophy, which, in turn, spread the concept throughout the management ranks.