Work Culture Is Key to Stakeholder Capitalism

Work Culture Is Key to Stakeholder Capitalism

by Harold Hillman April 07, 2021 2 min read

Today, people have higher expectations of the organizations they work for, purchase from or invest in. Employees, consumers, shareholders, suppliers, governments and communities demand responsible organizations that are grounded in purpose and committed to delivering long-term value.

In this world of heightened corporate social responsibility and the renewed shift toward stakeholder capitalism, the promises companies make must be kept. And the only way to keep brand promises is with a purpose-driven culture.

Worried About Compliance Risk? Culture Is Your Best Defense.

Worried About Compliance Risk? Culture Is Your Best Defense.

by Harold Hillman March 21, 2021 2 min read

If you've been increasingly worried about compliance risk, you're not alone. A lot of compliance leaders -- including 90% of those The Wall Street Journal surveyed in 2020 -- say businesses' response to the pandemic, especially remote working, created or exacerbated risks to cybersecurity, privacy, digitization and a handful of other areas. Over three-fourths of compliance officers say they're relying more on data and advanced tools to spot new risks.

(Published by Gallup).

Performance Management Must Evolve to Survive COVID-19

Performance Management Must Evolve to Survive COVID-19

by Harold Hillman October 12, 2020 1 min read

The COVID-19 pandemic has thrown performance management systems into chaos -- and the reactions have been telling.

In March, Facebook announced that it would be giving all 45,000 employees the same "exceeds expectations" performance review rating for the first two quarters. Some companies canceled their next review cycle altogether. Others are scrambling to explain last-minute changes to their performance measures and reward allocations.

(Published by Gallup).


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