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August 28, 2014
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National Clean Energy Summit

Jim Murren
CEO and Chairman
MGM Resorts International

On September 4, MGM Resorts International will again co-sponsor the National Clean Energy Summit with The Center for American Progress, and University of Nevada, Las Vegas at Mandalay Bay Resort and Convention Center.

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Fierce Resolve and 4 Other Organizational Competencies CSR Leaders Need

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

What do you – as a leader – need to be good at, in order to really drive your sustainability or CSR agenda?

That’s the question a colleague and I have been pondering as we draft an academic article about the competencies that an organization and its leaders need to properly embed a CSR /Sustainability agenda for the long-term. The hospitality company we studied has over 50,000 employees and locations all around the world.

 

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Technology Won't Save the World

Ryan Scott
CEO
Causecast

Sure, an odd headline coming from the CEO of a SAAS (software as a service) company that’s focused on corporate philanthropy. But let me explain why I’ve come to recognize the limits of my first love, technology.

In the beginning, it was a teenage crush. I was a pimply nerd building mainframes and technology was my one true soulmate.
The love affair continued when I founded my first tech start-up, NetCreations, the originator of opt-in email marketing. After I sold NetCreations, I set out to be a philanthropist.

What did that mean, exactly? Mostly writing checks.

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Executive Director's Report (August 2014)

Allie Williams, IOM
Executive Director, CROA
Vice President of Membership, SharedXpertise

Never before I began this position as the Executive Director of the Corporate Responsibility Association did I think too much about my own personal supply chain. Yes, I suppose I cared about it, but did not go out of the way to make sure the supply chain was responsible. I do now.

We all have personal supply chains; we have to. Our utilities, our groceries, our transportation and technology choices, nearly everything we do, want and have, has a supply chain. One of the interesting quandaries I found myself in recently was a need for new sporting equipment. I have two sons in high school and they both play hockey. My oldest Chase is a forward and loves to shoot the puck and score goals. My other son, Josh, is a goalie. His mindset is the opposite. If you have kids in high school, you know how quickly they grow.

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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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