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Managing corporate impacts: co creating value

By: Griffin, Jennifer J.
Material type: materialTypeLabelBookSeries: Business, value creation, and society. Publisher: New Delhi Cambridge University Press 2016Description: xiv, 340 p.ISBN: 9781107682177.Subject(s): Corporate governance | Multiplier - Economics | Social responsibility of business | ValueDDC classification: 658.408 Summary: Managing Corporate Impacts draws on the insights and experiences of managers from around the world to examine how companies can manage corporate impacts to co-create enduring value for business and society. Corporate impacts - the points at which businesses create or destroy value with others - extend well beyond financial impacts to include the workplace, procurement and delivery of goods and services, and shaping perceptions held about corporate behavior. This book uses simple frameworks to demonstrate why and how today's corporations co-create enduring value with multiple stakeholders simultaneously. By introducing multiplier effects and spillover effects, the frameworks move the attention of management beyond direct impacts to examine indirect impacts that create or destroy value connected to the core of the business. By purposely connecting with stakeholders through information-sharing, and effectively managing myriad impacts along supply and distribution chains, companies are poised to provide solutions and co-create value. https://www.cambridge.org/core/books/managing-corporate-impacts/3FA579FA05030C066BC197809A2B9309#fndtn-information
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Books Vikram Sarabhai Library
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Slot 2075 (2 Floor, East Wing) Non-fiction 658.408 G7M2 (Browse shelf) Available 198546

Table of contents

1. Corporate impacts: focusing on relationships and outcomes
Financial impacts
Employees in the workplace impacts
Product-based impacts
Information-sharing impacts
Multiplier effects
Why now? And why bother?
Corporations are uniquely qualified
How the book is organized
Looking ahead
2. Four mindsets on financial impacts
Financial impacts: direct and indirect effects
Win-win situations
Parade of horribles
Investments and cost centers
Pernicious behaviors
Implications for co-creating value
Looking ahead
3. Employee and product impacts
Personnel and the workplace
Product impacts
Implications for co-creating value
Looking ahead
4. Information-sharing impacts: redefining 'community'
Information impacts: connecting communities
Blurring the composition of community
Variety of information shared
Volume of information shared
Information impacts: leadership opportunities
Implications for co-creating value
Looking ahead
5. Combining impacts, net impacts, and spillover effects
Value creation
Value destruction
Net impact
Financial spillover effects
Employee and workplace spillover effects
Product and service spillover effects
Information spillover effects
Implications for co-creating value
Looking ahead
6. Multiplier effects
What are multiplier (network) effects?
Multiplier effects along the value chain
Multiplier effects: combining social, environmental, and economic impacts
Multiplier effects across geographies
Implications for co-creating value
Looking ahead
7. Debunking persistent myths about co-creating value
Corporate impacts are 'giveaways'
Corporate impacts are only felt from large firms
Corporate impacts are 'not my job'
Corporate impacts predominantly affect local communities
Corporate impacts are equivalent to compliance
Implications for co-creating value
Looking ahead
8. Anticipating changes in expectations
Businesses: changing expectations through competition
Governments: changing expectations and responsibilities
Civil society: changing expectations through public opinion
Convergence: blurring of boundaries
Implications for co-creating value
Looking ahead
9. Convergence: combining issues and interests to co-create value
An issue-by-issue approach
Issues moving across categories
Limits of an issue-by-issue approach
A stakeholder-by-stakeholder approach
Implications for co-creating value
Looking ahead
10. Aligning intiatives and mechanisms for impact
Initiatives (what to do)
Mechanisms (how to implement)
Implications for co-creating value
Looking ahead
11. Integrating global and local impacts in a global economy
Corporate impacts and global governance: an introduction
Global governance
Twin pressures: globalization and local responsiveness
Limitations of traditional product-market strategies in global economies
Stuck betwixt and between global and local pressures
Scalability
Implications for co-creating value
Looking ahead
12. The art and science of managing impacts
Co-creating value
Creating value, rather than capturing it
Corporate impacts and co-creating enduring value
Finding the sweet spot by design
Asking better questions.
Corporate impacts : focusing on relationships and outcomes
Four mindsets on financial impacts
Employee and product impacts
Information-sharing impacts : redefining 'community'
Combining impacts, net impacts, and spillover effects
Multiplier effects
Debunking persistent myths about co-creating value
Anticipating changes in expectations
Convergence : combining issues and interests to co-create value
Aligning intiatives and mechanisms for impact
Integrating global and local impacts in a global economy
The art and science of managing impacts.

Managing Corporate Impacts draws on the insights and experiences of managers from around the world to examine how companies can manage corporate impacts to co-create enduring value for business and society. Corporate impacts - the points at which businesses create or destroy value with others - extend well beyond financial impacts to include the workplace, procurement and delivery of goods and services, and shaping perceptions held about corporate behavior. This book uses simple frameworks to demonstrate why and how today's corporations co-create enduring value with multiple stakeholders simultaneously. By introducing multiplier effects and spillover effects, the frameworks move the attention of management beyond direct impacts to examine indirect impacts that create or destroy value connected to the core of the business. By purposely connecting with stakeholders through information-sharing, and effectively managing myriad impacts along supply and distribution chains, companies are poised to provide solutions and co-create value.

https://www.cambridge.org/core/books/managing-corporate-impacts/3FA579FA05030C066BC197809A2B9309#fndtn-information

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