We review research on the organizational causes (how do organizations contribute?) and consequences (how are organizations affected?) of economic inequality. Our review of 151 conceptual and empiri...

https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=7249&context=lkcsb_research

Organizations and Societal Economic Inequality: A Review and Way Forward

Addressing societal issues increasingly requires multistakeholder collaboration. Yet, cross-sector partnerships (CSPs) are often difficult to form and maintain because of coordination problems and ...

Sustainable cross-sector collaboration: building a global platform for social impact

Although early-stage finance is critical to the growth of most ventures, it is even more important for social ventures as they face the challenges of balancing their social and commercial objective...

How Social Ventures Grow: Understanding the Role of Philanthropic Grants in Scaling Social Entrepreneurship

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Cross‐functional Management and Base‐of‐Pyramid Issues in Logistics and Supply Chain Management

TechQuity is an imperative for health and technology business: Let's work together to achieve it.

Inclusive Growth: Profitable Strategies for Tackling Poverty and Inequality

Improving corporate engagement with society, as advocated in the Business Roundtable’s 2019 statement, should not be viewed as a zero-sum proposition where attention to new stakeholders detracts from delivering shareholder value. Corporate programs for sustainable and ethical sourcing practices, however, have fallen far short of solving the underlying causes of extreme poverty, extensive use of child labor, and threats to the environment and human health. We identify several causes to explain this disappointing shortfall in societal performance, including traditional company policies and incentives that inhibit the implementation of innovative, inclusive growth strategies. We propose the role for a new actor, a catalyst, to help companies forge new relationships with external funders, local intermediary companies, NGOs, and community leaders. The catalyst aligns the multiple stakeholders from multiple sectors into enduring, mutually- beneficial relationships that produce more value than that currently produced when stakeholders connect only by transactional relationships. The catalyst attracts funding from public and private sources to invest in the new ecosystem, which can generate attractive financial returns while alleviating poverty and environmental degradation. Finally, the catalyst engages the multiple participants to collectively co-create explicit strategies and scorecards of metrics, which serve to motivate, create accountability, and enable an enduring governance model for a multi-stakeholder ecosystem.

/pdf/intelligent-design-of-inclusive-growth-strategies-56fmbb3gkt.pdf

Eduardo Tugendhat

Papers

Inclusive Growth: Profitable Strategies for Tackling Poverty and Inequality

Intelligent Design of Inclusive Growth Strategies