Governance Archives - I by IMD

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Balancing act: can the World Bank tackle the climate crisis and poverty reduction?

12 October 2023 • by Arturo Bris in Governance • 6 min read

To achieve this delicate equilibrium, the bank should be implementing governance reforms, carefully managing the transition to cleaner energy sources, and adopting a market-driven approach to financing and investment....

Three filters for making business decisions in the age of stakeholder capitalism

11 October 2023 • by Michael Yaziji in Governance • 5 min read

Companies have a tightrope to walk in balancing the competing interests of a broad set of critical stakeholders. This three-step framework can crystallize the delicate trade-offs -- leading to better, more informed...

How organizations navigate AI ethics

5 October 2023 • by Tomoko Yokoi, Michael R. Wade in Governance • 7 min read

While many organizations commit publicly to responsible AI principles, a gap often exists when they put those principles into practice....

Want to innovate for people and planet? You need to rethink the value chain

3 October 2023 • by Sophie Bacq, Ruth V. Aguilera in Governance • 7 min read

Responsible innovation hinges on wholly new governance mechanisms. In our study, recipient of the Journal of Management Studies 2022 Best Paper Award, we argue that you need to reframe value creation in...

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New framework needed to cut through sustainability jungle

26 September 2023 • by Jonathan Normand, Fabio Monnet in Governance • 11 min read

With over 300 sustainability standards and labels available, it’s no wonder that so many companies get away with ‘greenwashing’. A new approach is needed....

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Empowering unbanked populations: How to increase financial inclusion with community group savings

21 September 2023 • by Hischam El-Agamy in Governance • 7 min read

In Botswana, a group savings and lending project is offering lifelines to the nation’s un- and underbanked. We think this homegrown solution could work well in other African nations, too. ...

Think local: approaching business in Africa without the usual excuses

11 August 2023 • by Leif M. Sjöblom in Governance • 5 min read

“In Africa, the low hanging fruits are the size of watermelons,” the former President of Dow Africa, Stéphane Paquier, memorably told me. Here, I look at three reasons European companies are still...

Are you ready for the biggest accounting experiment in 100 years?

4 August 2023 • by Florian Hoos in Governance • 6 min read

The world needs to watch the EU’s directive on sustainability reporting – even if you think it won’t apply to you. Here are five tips for handling it strategically. ...

How to think of Russia in our zero-sum economy

28 July 2023 • by Arturo Bris in Governance • 5 min read

The world is increasingly fragmented, which means the West’s sanctions against Russia are not as powerful as many think they are. Be aware and accept the realities of geopolitics for the sake...

Marketing was the child of globalization but will be the parent of sustainability

13 July 2023 • by Frédéric Dalsace in Governance • 6 min read

Marketing often gets a bad rap due to its association with the excesses of capitalism, but it can play an important role in driving more sustainable business practices and consumption patterns, says...

Governance

Carbon accounting: learnings from the governance journey