Giving Thoughts

Nov
19
2015

To Solve the Succession Crisis, Invest in Homegrown Leaders

By Libbie Landles-Cobb, Kirk Kramer, and Katie Smith Milway, The Bridgespan Group

The social sector faces a crisis in succession planning. In a 2015 survey of 438 nonprofit C-suite executives, we found that top talent is leaving at an alarming rate. Over the past two years, one in four C-suite leaders departed, and nearly as many told us they were planning to do so in the next two years. If this continues, the equivalent of every C-suite position in the social sector would need to be replaced in the next eight years. No wonder succession planning has been the number one concern of boards and CEOs for more than a decade.

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Nov
12
2015

Core CSR Issue Prompts Brown-Forman To Explore Social Impact Bond

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

Louisville-based beverage alcohol producer and marketer Brown-Forman has a well-established corporate vision: “To enrich the experience of life, in our own way, by responsibly building beverage alcohol brands that thrive and endure for generations.” According to Rob Frederick, Brown-Forman’s vice president and director of corporate responsibility, alcohol addiction completely contradicts that vision.

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Nov
04
2015

SDGs Call for Better Alignment of Public and Private Social Development Programs

By Sonia Balcazar, Consulting Associate, Synergos Consulting Services

On September 25, 150 presidents and the Pope unveiled the Sustainable Development Goals (SDGs) at the United Nations. The development community agrees that meeting these new commitments will require a “global change of mindsets, approaches and accountabilities,” as the World Bank states in From Billions to Trillions: MDB Contributions to Financing for Development. There simply are not enough international development funds, and multilateral development banks (MDBs) have called for an increase in public domestic revenues and private investment to help meet the SDGs. The extractive industry is one sector that is already making strides in this area, and governments need to capitalize on these efforts, but building effective public-private partnerships is no easy task.

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Oct
28
2015

Giving Thoughts Series: Making Sense of Social Impact Bonds for Companies

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

The latest edition of the Giving Thoughts Series, entitled “Making Sense of Social Impact Bonds for Companies,” is now available to download for free. In this piece, I look at the market for social impact bonds and consider the role that corporate philanthropy or corporate social investing might play in the model. Two case studies present corporate efforts already underway to lead explorations into SIBs for unique social issues that directly affect the business.

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Oct
22
2015

Contributions Council II Round-Up: STEM Education

By Tony Tapia, Program Director, The Conference Board Contributions Council II

The fall meeting of The Conference Board Contributions Council II, a peer-networking group of corporate philanthropy executives from some of the best-known and best-run companies in the United States and around the world, took place over a day and a half in mid-September in Philadelphia, PA. The theme of the meeting, “STEM Education,” brought speakers addressing the gaps in STEM education. Here, we summarize some of the content that resonated with members.

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Oct
14
2015

Cardinal Health: Using Delegates to Reach Your Field Force

By Vicki Wray, Author, Communicating Social Impact

Communicating to a decentralized workforce is no easy task, but Cardinal Health is committed to engaging and supporting employees across the enterprise—10 countries and 90+ facilities. One key communication method is carried out by facility-level site leaders, who act as extensions of the community relations team.

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Oct
06
2015

Q&A with Steve Rochlin: View CR through a Business Planning Lens to Achieve Stronger ROI

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board, and Steve Rochlin, Co-Founder and Co-CEO, IO Sustainability

A persistent challenge for corporate responsibility (CR) executives has been to provide concrete evidence on the return on investment (ROI) of CR efforts. A definitive answer to the question of how much value CR provides to the business has long been elusive, but a new report commissioned by Verizon and sponsored by Campbell Soup Company offers hard data to show that a well-designed CR program lifts sales, increases shareholder value, and improves employee productivity.

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Sep
29
2015

Nonprofit Board Service Should Be Accompanied By Donations

by Alice Korngold, Author, A Better World, Inc.: How Companies Profit By Solving Global Problems Where Governments Cannot

Service on nonprofit boards provides business executives and professionals with a unique opportunity to develop as leaders. In fact, nonprofit board service is the ultimate experience in ethics, accountability, leadership, group dynamics, crisis management and communications. On a nonprofit board, board members engage around a mission of common interest to imagine and achieve the organization’s greater potential together with the CEO. But the question of whether companies should be supporting these nonprofits financially as well is often a challenging one.

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Sep
22
2015

Giving in Numbers: 2015 Edition Highlights Prominent Features of Corporate Societal Investment

By Alex Parkinson, Researcher, The Conference Board

CECP, in association with The Conference Board, has released Giving in Numbers: 2015 Edition, the 10th anniversary edition of the leading benchmark report of corporate community investment, and the fourth collaboration between the two organizations. This year’s edition found 56 percent of companies increased total giving in 2014. The report also includes a new trends summary that highlights the prominent features of corporate social investment, most notably its stability and strength at the world’s largest companies. Download the report for free here.

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Sep
15
2015

Ten Years After Katrina: The Evolution of Corporate Response to Disasters

By André Solórzano , Manager, Data Insights, CECP

On the 10th anniversary of Hurricane Katrina, CECP looks back at how the disaster relief response has changed among companies. We found that overall the data show aggregate giving from corporations for disaster relief has declined over the last five years. A deeper look into the data and additional resources shows that it’s a complex story.

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Giving Thoughts Series

The Giving Thoughts Series is a monthly online publication in which corporate philanthropy experts delve into the most pressing issues affecting our members.

Download the latest issues here:
Making Sense of Social Impact Bonds for Companies

Nielsen and the World Food Programme: Revolutionizing Data Collection

Flagship Programs: Focusing Corporate Social Investment for Impact

Or visit our Giving Thoughts Series Archive to download all of our previous issues.