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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.Read more
- Provides complementary, insightful and easy to understand frameworks for identifying corporate impacts
- Includes current and detailed examples of best (and worst) practices of co-creating value
- Examines direct, indirect, and multiplier effects of a corporation's impacts to go beyond today's focus on individual stakeholder relationships and unlock new ways of creating value
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- Date Published: March 2018
- format: Paperback
- isbn: 9781107682177
- length: 354 pages
- dimensions: 229 x 150 x 20 mm
- weight: 0.54kg
- contains: 9 b/w illus. 5 tables
- availability: Available
Table of Contents
Foreword R. Edward Freeman
1. Corporate impacts: focusing on relationships and outcomes
2. Four mindsets on financial impacts
3. Employee and product impacts
4. Information-sharing impacts: redefining 'community'
5. Combining impacts, net impacts and spillover effects
6. Multiplier effects
7. Debunking persistent myths about co-creating value
8. Anticipating changes in expectations
9. Convergence: combining issues and interests to co-create value
10. Aligning initiatives and mechanisms for impact
11. Integrating global and local impacts in a global economy
12. The art and science of managing impacts
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