18 January 2020

Corporate Social Responsibility: An Era for New Leadership...

Here are a few of this mornings top news stories. It seems that Operational Risks have us surrounded and yet many organizations are still in denial that anything will impact them directly:

Libyan Oil Exports Blocked Ahead of Berlin Peace Conference
By Salma El Wardany
January 18, 2020, 4:46 AM PST Updated on January 18, 2020, 7:16 AM PST

World News
China reports new virus cases, raising concern globally before key holiday
Published Sat, Jan 18 20206:34 AM EST

Why Iran plane disaster protests mark most serious test yet

By Amir Azimi BBC Persian service 18 January 2020

U.S. Government Confirms Critical Browser Zero-Day Security Warning For Windows Users

Davey Winder Cybersecurity

How long will this naivete go on in your company, city, state or country?  Maybe it's time for more Corporate Social Responsibility and a renewed focus on training new leaders.

As the finger pointing continues and the documents of the day are debated, there is one strategy that has been with us for many years, and many have forgotten.  It is called Corporate Social Responsibility (CSR). CSR is gaining new emphasis around the globe:

Mary Parker Follett's (1869-1933) thoughts on democracy, society and management have inspired business leaders in fits and starts during the 20th century and they deserve to be revisited as we move forward in this century.

What is the important role that businesses play in society?  She gave serious attention to what we now call corporate social responsibility, a topic of great interest in today's boardrooms and business schools.

One thing is certain. All of the employees and citizens on the planet want leadership and courage from the ordinary person next door.
The citizen soldier who is willing and capable of leading the people around them in the face of a sudden catastrophic crisis.
In the midst of an important ethical decision. In the moment of the day, are "Leaders Born, Not Made"?  What would Mary Parker Follet and Laura Tyson have to say:

"Leaders can be taught, and should be keen on sharpening their skills as rigorously as a surgeon. In 1933, she put it plainly: managers must realise that they, as professional[s], are assuming grave responsibilities, that they are taking part in one of the large functions of society, a part which, I believe, only trained and disciplined [business people] can hope to take with success."

As the Operational Risks continue to surround our corporate enterprises, it's imperative we look at where we are spending our money and deploying our resources.

What would happen to our preparedness, readiness and recovery capabilities if we just reallocated 5% of the corporate marketing budget to the Risk Management budget?

If we did, then we might find ourselves with fewer calls to the Court house, State house and the White House.

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