The status quo is being upended. The foundations of our economy and society are being challenged and society is calling into question the purpose of the economy and the purpose of the organization.
Leading organizations, companies and boards are coming to realize that to be truly successful, they must articulate and maintain their purpose in playing a role in the social good. They see that [...]
Most boards operate on a 50-year-old definition of corporate governance in which the singular purpose of the firm is profit generation for shareholders. But that is changing, and this article [...]
COVID-19, recognition of institutionalized racism, and climate change are rapidly transforming organizations and board room dynamics. Boards and governance professionals need to equip themselves [...]
It was the mid-‘90s. The Board of Directors at Vancity – a large regional financial institution based in Vancouver, Canada – was struggling to get management’s attention on its social purpose agenda.