HBS Institute for Business in Global Society

Is business really just about money? R. Edward Freeman argues that there’s more to the story. As a professor at the University of Virginia Darden School of Business, Freeman has spent the last 45 years researching the relationship between business and society. His conclusions point to the need for a new #narrative about business and capitalism that is not only focused on money but also on value and purpose. Freeman’s research uncovers critical questions – How can business create win-win solutions for themselves and society? What business models are the most ethical? Where can companies start on a purpose-driven journey? To learn more about Freeman’s vision for responsible capitalism, visit: https://lnkd.in/e4W5H3Z4 For more on BiGS Fix stories on #purpose of the firm and new models of #capitalism, visit: https://lnkd.in/ec_hzjxH #Shareholders #HBS #Impact #ESG #ClimateChange #AI #Inequality #Economics #Ethics #BusinessEthics Harvard Business School

?? BOSTON — As America gears up for one of the most consequential #elections in its history, business leaders are bracing for the potential fallout that could ripple throughout workplaces, colleges, boardrooms and across industries. The pending showdown between Vice President Kamala Harris and former President Donald Trump doesn't just pose questions for November 5th—it heralds a wave of uncertainty. That's why the HBS Institute for Business in Global Society -- which presents timely, actionable insights based on rigorous #research in straightforward ways -- today launched its first-ever #BiGS #Election #Guide for #CEOs. I hope you’ll read the series and share your comments along the way. We'll publish two stories per week on the BiGS newsroom, which are being written and edited by incredibly talented writers with decades of experience at outlets including The New York Times, Bloomberg, National Journal, USA TODAY, The Atlantic and more! https://lnkd.in/eJsJyHDZ Read my piece for a full overview, but if you're short on time, here's a cheat sheet on what to expect in the BiGS Election Guide series: ?? An exploration of the role of the state by?Debora Spar, professor and senior associate dean at Harvard Business School and leader of BiGS ?? An overview of #U.S-#China relations by?Jim Matheson, senior lecturer at Harvard Business School and board director for #investment groups, including Breakthrough Energy ?? A look at how U.S. trade policies are likely to evolve, including commentary by professor Willy Shih of Harvard Business School who studies the impact of globalization on competitiveness and the evolution of global supply chains #research #democracy #information #journalism #trust #communication #elections #knowledge #insights

As America braces for a momentous Harris vs. Trump showdown, Harvard Business School unveils a guide to help #CEOs navigate the political storm ahead. Here's why our new #BiGS Election Guide and upcoming content are crucial: ? 64% of employees expect CEOs to "manage changes occurring in society, not just those occurring in their business." ? Only 20% globally are willing to work with colleagues who strongly disagree with their views. As Debora Spar, senior associate dean at #HBS and leader of BiGS, puts it: "The stakes for the business world could not be higher." Stay tuned for articles and content that feature: ? Real-time insights from top experts ? Analysis on everything from trade to DEI ? Strategies to navigate the post-election turbulence Don't let uncertainty keep you up at night. Dive into our first-of-its-kind resource and stay ahead of the curve. Read more ?? https://lnkd.in/ei4jAnuJ #Election2024 #LeadershipInsights #Harris2024 #Trump2024 #Democracy #BiGSElectionsGuide

The transition to a low carbon-economy because of climate change represents a multi-trillion value opportunity for businesses that can create effective solutions for their customer needs. Providing those solutions will depend on asking the right strategic questions and often leading organizational and industry transformation. My latest article in strategy+business outlines 10 key questions that executives must consider when shaping their climate-transition strategies. Explore the interactive graphics to understand where your organization stands and how to create a competitive advantage throughout the transition. #ClimateAction #Sustainability #BusinessStrategy #Innovation #Technology #OrganizationalTransformation https://lnkd.in/eFJXbE_4

Did you know? ?????? ??.??. ?????????? ???? ???????????? ?????? ???????????????????????? ?????????????? ???? ???? ?????????? ????% ???? ???????? ???? ???????? ?????????? ???????????? ??????????. Yet, the pace of building high-voltage transmission lines has declined in recent years.?Why? Click to find out: https://lnkd.in/ew8aCRrd ?? Key insights from a recent Harvard-MIT study: ? Community engagement is crucial but often overlooked ? Approval processes can take up to 15 years ? Social equity and early engagement are essential The Texas CREZ project shows a better way: more community education, transparency, and faster approvals. As former Energy Secretary Ernest J. Moniz puts it: "This idea that clean energy transition, energy security, and social equity are one conversation is actually seeping into the process. I wish it were faster. I wish it had happened 10 years ago." As we transition to renewable energy and face growing electricity demands, addressing these challenges is more critical than ever. What are your thoughts on balancing national energy needs with local community concerns? #CleanEnergy #GridExpansion #RenewableEnergy #CommunityEngagement #climatechange Harvard Business School Harvard University Massachusetts Institute of Technology The Salata Institute for Climate and Sustainability at Harvard University HBS Business and Environment Initiative

I spoke to the HBS Institute for Business in Global Society about the role of business in this election. Offering time off to vote is now table stakes. In many states, it's the law. There are many nonpartisan actions business can take in the next months to both promote democracy and mitigate risk. Check out the link in comments for a roundup of Weber Shandwick's polling of employees and consumers on this topic.

In the latest from Stanford Social Innovation Review, Harvard Business School Professor Peter Tufano and HBS Institute for Business in Global Society fellow Matteo Gasparini explore the critical role of climate alliances in helping leaders advance climate goals: https://lnkd.in/edsNPi8j #harvardbusinessschool #climatechange #climateaction #leadership

In our conversation with Aaron "Ronnie" Chatterji, former White House advisor of the CHIPS and Science Act, and professor of business at Duke University, he discusses the impact of industrial policy. Chatterji emphasized that bills such as the CHIPs and Science Act were #bipartisan bills. Both #Democrats and #Republicans came together to work on this act which has seen over 150 billion dollars worth of investments from private investors. Chatterji is hopeful that since there is so much bipartisan support, these policies will take hold and be effective. Tune in to our playlist of conversations with senior leaders from the BiGS Global Leadership Roundtable in Washington, D.C. https://lnkd.in/ehBGf-79 Explore more articles on #climatechange, #inequality, and other topics in business in global society (www.hbs.edu/bigs)

After inspiring discussions at impressive Massachusetts Institute of Technology and Harvard Business School one thing is clear: deeper knowledge and understanding about climate needs to be embedded in both engineering and finance studies. Climate is no longer a niche competence – it is a required skill for all leaders to manage the new economy that is taking shape as we speak. We look forward to explore how we can lead this together with some of the best Universities. HBS Institute for Business in Global Society, Drew Keller and many more.

Burt Fealing EVP, general counsel, and chief sustainability officer at Southwire Company shared, “If you get involved right now, you will have the opportunity to change for generations what’s going on and to truly impact this planet. So I hope you come along and participate in this process.” In this conversation, industry leaders including Burt Fealing of Southwire and Yusuf George of TCW Group discuss the critical role of diversity, equity, and inclusion in driving business growth and #innovation. Learn how top companies are leveraging #DEI initiatives to boost retention, enhance corporate culture, and respond to evolving investor priorities. Stay tuned for more curated conversations with senior leaders from the BiGS Global Leadership Roundtable in Washington, D.C., series. ? Up next:?@Ronnie Chatteji, former White House advisor of the CHIPS and Science Act and business professor at Duke University, discusses the impact of industrial policy. Explore more articles on #DEI, #inequality on the BiGS Knowledge Hub: https://lnkd.in/eajWPXKH ?? Download the report with research-based insights: https://lnkd.in/eBNfDvwq #Diversity #InclusiveLeadership #ESGInvesting #CorporateStrategy #BusinessGrowth #inclusion #equity #industrialpolicy #DC #EconomicGrowth #labor #economicdevelopment