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July 28, 2014
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MGM's Women’s Leadership Conference

Jim Murren
CEO and Chairman
MGM Resorts International

In 2006, the MGM Resorts Foundation created an event that today we call the Women’s Leadership Conference.

The idea behind the conference – or WLC -- was to provide women, and their colleagues with an enrichment experience that would help them advance in the professional world. A nonprofit event, WLC is also an opportunity to enrich our community and give back to those in need.

 

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Becoming a “Full-Brain Thinker”: Why Continuing Education is Important in Leadership Development

Kevin Lynch, Ph.D.

Leadership Executive-in-Residence
Center for Values-Driven Leadership at Benedictine University

I am a left-brain thinker. I love logical, analytical and objective thought processes. It’s probably no surprise that my background is in accounting and finance. Friends and colleagues don’t usually describe me as intuitive, thoughtful or subjective, all right-brain attributes. Yet, is it possible to be a truly effective leader only using one side of your brain?

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Strategic Thinking and Change Strategy: Still Relevant?

 

Art Stewart
Vice President, Corporate Development, Management Consulting Firm
Research Fellow, Center for Business Ethics - Bentley University

This post is the second in a multi-part series on some fundamentals regarding leading change. It is edited from a White Paper I authored a few years ago and is offered as a retrospective on how some of our thinking about managing change may, or may not, have evolved.


In strategy it is important to see distant things as if they were close and to take a distanced view of close things.”
– Miyamoto Musashi

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Green is Out: A New Focus in Sustainability

 

Lisa Owen
Vice President of Business Development & Marketing
RSC Bio Solutions

Sustainability is changing. As companies shift their efforts away from solely focusing on the “green” aspect of sustainability—which isn’t new and different anymore—they are adopting broad sustainability initiatives as a fundamental business pillar.

 

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Do Your Millennial Employees Have a Future?

Ryan Scott
CEO
Causecast

Recently, I was skimming an article about how company managers can prepare Millennials to take on leadership roles in business.  The piece addressed the looming explosion of Gen Y-ers in the workplace - they’re projected to comprise 75% of the workforce by 2025 - and noted that this is a generation with an entrepreneurial bent, with an estimated 70% of young professionals around the world aspiring to be their own boss.  So what, the writer wondered, can business leaders do to make sure that that Millennials (anyone born between 1980 and 2000) are prepared to take the reins of their companies?

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How Your Org Structure Impacts Your Trust Levels

Kevin Lynch, Ph.D.
Leadership Executive-in-Residence
Center for Values-Driven Leadership at Benedictine University
 
More than 10 years after Enron’s memorable collapse, and five years after the start of the Great Recession, business publications still talk at length about how to restore public trust in corporations. I find it interesting that something that on face value appears so basic is so difficult to achieve. 
 
A recent edition of Corporate Responsibility Magazine offers four strategies for restoring corporate trust. Interestingly, the four strategies are each associated with one of the C-Suite officers. 
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5 Ways to Summerize Workplace Philanthropy

Ryan Scott
CEO
Causecast

Holy guacamole! (Preferably served poolside, with extra chips, thank you). Should we all just surrender to the sunshine and rendezvous back in September?

If only. But how to corral all those wandering minds and keep them focused on work during the lazy days of summer? 
Simple: ratchet up the engagement opportunities related to the larger purpose of their work. Now’s the time to get extra creative with your corporate philanthropy and generate volunteering opportunities that are as intriguing as any tropical vacation (and far more rewarding).

Here’s some food for thought:

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Executive Director Report (June 2014)

Allie Williams
Executive Director, CRA
Corporate Responsibility Association 

Since the last CRA newsletter, I have been busy making contact with nearly all of the company representatives from CR Magazine's 100 Best Corporate Citizens.
I have congratulated them for this prestigious recognition, listened to their stories and most of all, captured a sense of what it takes to be the best. I’ve run into several common threads: Corporate Culture, Employee Engagement and Communications.

The signs of change are occurring from the top down. This excites me. I love nothing more than to see CEO's and senior leadership from major brands create a culture that includes corporate responsibility into all aspects of managing a company. I’m seeing more dedication and passion for the environment, human rights, employee relations, and philanthropy to name a few. These men and women are indeed changing the world. From diversity and inclusion to wellness and community involvement, they are making a better workplace environment.

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"Inspiring Our World."

Jim Murren
CEO and Chairman
MGM Resorts International

MGM Resorts International has held a long standing commitment to the philosophy of social responsibility – a reflection of the fundamental integrity that informs our business conduct and our relationships with our employees, our guests, our communities and our planet Earth.

Several years ago, we recognized that we have a vast ability to maximize shareholder value and make a positive impact on our world...."Inspiring Our World."

As parallel to our goal to excel financially in an ethical and responsible manner, we believed we can make a unique contribution to impacting some of the societal challenges that confront us all. We believed – and still do -- that social responsibility is one of the boldest new frontiers, and an area where we can make a lasting impact.

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Executive Director Report (May 2014)

Allie Williams
Executive Director
Corporate Responsibility Association

Executive Director Report - May 2014
I have some exciting news and want to mention a few important reminders in my report this month. First and foremost – we have changed the name of the association. Not dramatically, but changed nonetheless. We have officially become the Corporate Responsibility Association (CRA). You may also hear us referred to as the CR Association. This change has taken some time, as we made sure to go through the full legal process of IRS name change policies. I certainly didn’t want to jeopardize the 501(c)(3) status we carry. Thanks to those involved, especially Lisa Mostoller, CFO of SharedXpertise, for making this happen.

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Why every company should care about the STEM crisis

Ryan Scott
CEO
Causecast

It’s Sputnik all over again.

When the Russians launched the first Earth satellite into space in 1957, their success sent the U.S. into a tailspin of anxiety and fear.  Sputnik was a catalyzing incident in the cold war, a moment when the technological gap between the two superpowers seemed decisive - and the U.S. was on the losing side.  From this, NASA was born and the “space race” began.  A high-level research and development arm of the Department of Defense was created, the Defense Advanced Research Projects Agency, or DARPA.  Millions were funneled into more education programs for engineers.  And Congress increased the National Science Foundation appropriation for 1959 by more than $100 million than the year before.
 

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Leading Responsibly in Response to Change

Art Stewart
Vice President, Corporate Development, Management Consulting Firm
Research Fellow, Center for Business Ethics - Bentley University

A recovering economy always ushers in new, more complex dynamics as organizations pursue renewed growth opportunities. Various challenges ahead on the global landscape portend change on a scale we have not experienced before. Corporate responsibility practitioners will likely expand their influence with the C-suite as the necessity for perpetual change also demands increased vigilance over the differentiated values that are fundamental to brand equity.

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Does Your Organization Need a High Level External Affairs Officer?

Kevin Lynch, Ph.D.
Leadership Executive-in-Residence
Center for Values-Driven Leadership at Benedictine University

On the day I wrote this, I looked at the Wall Street Journal and found stories about net neutrality and the regulation of saturated fat. What do these stories have in common? In both cases, social issues are intertwined with political, legal and regulatory agendas. As a result, companies today must manage not only customers and product creation, but also to stakeholders within the social and political arenas.

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Let’s Put More Effort into Sustainability and Less into Surveys

Kim Bach Vu
Sustainability/Corporate Responsibility Associate
TE Connectivity (Tyco Electronics)

The growth in acceptance and popularity for corporate responsibility and sustainability has propelled many companies to look into their own operations and of their supply chains. This has created a need to measure and disclose their sustainability efforts both internally and externally. While the external audience might vary by industry and position of the supply chain, some external stakeholders that companies engage with are investors, customers, non-governmental organizations, and suppliers to name a few. The increasing scrutiny of corporate responsibility efforts by investment efforts has left to many different types of surveys-from Dow Jones Sustainability Index to Vigeo.

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Executive Director Report (April 2014)

Allie Williams
Executive Director, CROA
Corporate Responsibility Officers Association

I recently attended the PYXERA Global, International Corporate Volunteerism Conference in Washington, DC, where CROA advisory board member, Amanda MacArthur and her team put on an exceptional two day event. It began with a live broadcast from the Newseum where a group of industry experts discussed public private partnerships.

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