"Tomorrow's Global Company" inquiry launched, with backing of 11 companies including Anglo American, Ford, Suez, McKinsey, BP, Infosys, ABB, Alcan
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Author: Alison Maitland, Financial Times
The arrival on the world stage of powerful companies from emerging economies, such as Rosneft...and Lenovo...is reshaping global business and giving fresh impetus to the debate about its responsibilities. Will tomorrow's corporate leviathans adhere to common standards of governance, environmental protection and intellectual property rights? Will they use their influence to collaborate with governments and civil society to tackle problems such as climate change and poverty? Will they be equal to the challenge of managing a global workforce comprising disparate beliefs and expectations? Questions such as these will be at the heart of an inquiry to be launched today into the role of global business in the next decade and beyond. The inquiry, initiated by Tomorrow's Company, a UK-based think-tank and research organisation, has the backing of 11 leading businesses including Anglo American, Ford, Suez and McKinsey...BP...Nandan Nilekani, chief executive of Infosys...and co-chair of the inquiry, says he expects social pressure to force big corporate players from emerging economies such as Russia and China to subscribe to common rules...The line-up of participants on the inquiry team also includes ABB, Alcan, Dr Reddy's, the Indian pharmaceutical company, KPMG, Standard Chartered Bank, Amnesty International and the International Institute of Sustainable Development of Canada. [also refers to Unilever]
Author: Tomorrow's Company
Tomorrow's Global Company is the latest inquiry from Tomorrow's Company, focusing on the role & purpose of global companies and the conditions for their success in the future.
Author: Tomorrow's Company
Input from a range of individuals from across the world is vital to this inquiry. As a result we would like to hear your thoughts and views about the questions detailed below...
1. What should be the role of a company in society, globally and locally, in the context of the changing global environment?
2. How should the future collaboration between the wealth-creating enterprises, the financial institutions, government and civil society be developed and managed? How can this be done in a way that does not undermine the strengths and remits of each party, while strengthening society and governance as a whole?
3. How can companies lead, manage and benefit from a diverse workforce whilst maintaining a strong core purpose and set of values?
4. How can companies address their critics and form productive relationships which yield positive outcomes?