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The special summer issue of Global Voice magazine now on download

Global Voice magazine #22:
No time to waste!
June 21st, 2022

Global Voice #22

No time to waste!

Welcome to this special summer solstice issue of Global Voice magazine!

We’re delighted to publish this very special summer issue of the Council on Business & Society's quarterly magazine for your reading and download.

As is tradition, this issue brings together the talented winning, runner-up and finalist student articles in the CoBS 2022 student CSR article competition – now in its fifth year – to sit side-by-side with insights gleaned from the published research of our professors from the now eight member schools of this alliance dedicated to responsible leadership education.

We’re honoured to kick off the magazine with Prof. Adrian Zicari, ESSEC Business School-CoBS, co-authoring the editorial with special guest Camille Putois, CEO of the B4IG (Business For Inclusive Growth) initiative that brings together leading global companies, subject matter experts and academia to work on strategies to develop future business for the good of the widest number of citizens and the planet.

We also feature a special spotlight on Prof. Mark Smith, Dean of Stellenbosch Business School, South Africa – Africa’s leading higher education institution and the latest member school of the CoBS alliance. A focal point of the highest importance in the coming years, Mark outlines the stakes at hand for the continent and the need for education to play an essential role in promoting diversity, responsible leadership and responsible business practices.

Click the cover to download

In this issue, a host of insights and research-based content hosted in two sections: Business, Society and Planet. In Business, Society the contributors tackle the impact of Artificial Intelligence on the workplace, wellbeing and society; coopetition and how business rivals can become allies for a better world; the impact of political populism on climate action; how to deal with negative workplace emotions and aim at the positive; the role of business schools in building back better; and the phenomenon of presenteeism in companies that ultimately leads to poorer performance for firms – and poorer health for its employees.

In the Planet section, you’ll find insights on how corporations can become more sustainable; an exploration of greenflation and the challenges facing our transition to a green economy; the stock exchange and building corporate value for potential investors through CSR; a spotlight on the ground-breaking ISE sustainability index in Brazil by one of its founders, Prof. Mario Monzoni; how to cope with the barriers in the way of reaching Net-Zero; and practitioner insight from ESG consulting firm Ksapa on designing solutions for resilient raw materials supply.

In addition, our CoBS design team provides its usual beautiful graphics and our latest wry take on modern times with our opening double-page cartoon. And if you wish to apply for one or several of the top-ranked degree programmes offered by our CoBS member schools, outlines of these and contact details can be found throughout the magazine. Apply now – and positively change both your lives and those of others!

And finally, a word on the magazine front cover. and its accompanying subtitle - No Time to Waste. For some of us, the strawberry may be associated with June and the long summer months – succulent, sun-drenched and tasty. This time, this gift of nature looks in a pretty bad way. “Food”, as it were, “for thought” in today’s chaotic context of supplies of essential necessities, and the probable risk to wellbeing for the wider world that conflict and intolerance in Europe may bring us. So interpret the cover wisely – and do what you have to do. No time to waste!

With warm thanks to all the coordinators, teams, faculty and students within the Big 8 which form the Council on Business & Society:

ESSEC Business School, France-Singapore-Morocco
FGV-EAESP, Brazil
Fudan School of Management, Fudan University, China
IE Business School, Spain
Keio Business School, Japan
Stellenbosch Business School, South Africa
Trinity Business School, Trinity College Dublin, Ireland
Warwick Business School, United Kingdom.

Enjoy your reading! Tom Gamble, Council on Business & Society.

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Global Voice Magazine

The Council on Business & Society's quarterly and special issue magazine. The publication features research-based and opinion-piece articles made readable for the student, practitioner and instructor on business and society, management and leadership, sustainability, entrepreneurship and social entrepreneurship, CSR, green finance and social and environmental reporting.

Download by clicking on the front covers.

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Covering current hot topics and lasting major issues – the climate crisis, women at work, leadership in the 21st century, the future of CSR, inclusivity and disability employment, social impact, philanthropy, conscious business, and mentorship among others – Global Voice magazine offers you the unique international and multicultural expertise of the Council on Business & Society faculty and guests.

This Global Voice special 10 Years Anniversary Faculty and Student issue #18 is: 186 pages, 28 articles – faculty research-based and student winners and finalists from the 2021 CoBS CSR article competition, 8 Faculty ‘Top Reads’ articles (receiving most views and reads) from the last 5 years, From 34 contributors, An Editorial co-authored by Prof. Adrian Zicari, Executive Director of the Council on Business & Society and Prof. Mette Morsing, Head of UN PRME, A centre-spread timeline showing key moments and achievements in the Council’s 10 years of existence, And a special 10 Years’ Anniversary position statement from the Deans of the Council’s schools.

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CoBS Research Pods

The CoBS Research Pod series – condensed learning capsules inspired from internationally published research in the fields of CSR, management, leadership, HR, team and project management, finance, CSR reporting, social enterprise, entrepreneurship, philanthropy, and sustainable business practices.

For managers, entrepreneurs, leaders, instructors and those with an interest in research with an impact. Ramp up your knowledge, improve your teams, gain in leadership, reshape your business or give your teaching, training or coaching a new dynamic.

Click to download your research pod

Leadership and Governance

10 ways to be an enlightened leader post-pandemic

Boards of governance and corporate social repsonsibility

How can companies implement ethical, clear, fair downsizing?

3 Steps to Build an Inclusive Workplace for People with Disabilities: People with disabilities have the skills. They have the qualifications. They also have the support of national, regional, and international legislation providing frameworks and guidelines for promoting their employment. Yet, results have failed to live up to the expectations and needs of the disabled community. Dr. Armand Bam, University of Stellenbosch Business School, and Prof. Linda Ronnie, UCT School of Management Studies, shed light on the reasons why and offer a practical blueprint for effective disability inclusion strategy.

10 tips for implementing effective disab

Prof. Tanusree Jain, Trinity Business School, Trinity College Dublin, shares her research on how to set up and implement agile sustainability governance for your supply chain.

Ethical leadership and the influence of Confucius

How leaders can create fun in the workplace: Prof. David Allen, Warwick Business School, looks into the benefits of fun in a working environment, how to create the right factors that lead to it, and how to ensure that fun doesn’t prevent a drop in performance and professionalism.

Revolutionising HR with Analytics and Big Data

The Council on Business & Society Research Pod series - a condensed research capsule to put into practice.

People Management and Teams

Equally or equitably? How should managers treate their team members?

Team excellence. Council on business & Society CoBS Research Pods: Condensed research capsules with a practical action-oriented dimension for managers, leaders, practitioners

A CoBS Research Pod featuring Warwick professor Marianna Fotaki on whistleblowing procedures

Prof. He Peng, School of Management Fudan University, draws on his research to explore why and when employees hide knowledge and proposes 9 strategies to transform knowledge hiding into knowledge sharing that benefits both staff and the company alike.

Improving the effectivenes of surgical teams: What can vertical or flat-hierarchy in hospital teams teach us? Why does why surgical team failure and patient death paradoxically lead to more effective surgical teams? And how does Prof. Yufei Huang’s research give an incredible 18 minutes, 37 seconds in saved time in the operating room – enough for any high-risk team to make critical decisions and save more lives.

Ethics & Compliance Management in Firms: How to make it effective: Download the CoBS Research Pod Learning objective: Explore the adopt-implement choice in ethics & compliance management and transfer best practice to your company in order to implement a solid and effective ethics and compliance management system.

How can organisations cater for the expectations of their new generations of employees and foster spirituality and higher purpose? CSR; Buddhism in the workplace; employee wellness; employee wellbeing; HR strategies; workplace management; corporate purpose; spirituality and work; KPIs; how Millennials approach work.

5 Ways to Curb Abusive Management Behaviour in the Workplace. Research suggests that managers’ negative behaviours not only have detrimental effects on employees’ physical and mental health, but also on the purse strings of firms, the state and the tax payer. According to the stats, absenteeism, reduced productivity, and health care costs resulting from abusive management behaviour amounts to an estimated USD $200–350 billion in the USA, USD $64.8–66.1 billion in the UK, and USD $232 billion in Japan. So how can firms help their staff – their corporate heroes – and improve on managers’ behaviours while eliminating the cost to firms and society on the way? Prof. and Deputy Dean Aarti Ramaswami, ESSEC Business School Asia-Pacific, draws on her research with Prof. Vesa Peltokorpi of Saitama University to explore how the impact of abusive management on employees’ well-being can be tamed.

How Can Companies Train Employees to Be More Proactive? Employees who take a proactive approach at work benefit themselves and the organisation. Prof. Karoline Strauss, ESSEC Business School, with research on how to achieve it.

As organizations face uncertainty and rapid change; encouraging a proactive workforce that takes initiative; anticipates changes; contributes to innovation and competitive advantage is critical. But attempting to bring about change in an organisation requires effort; cognitive skills; and commitment. It comes at a cost for employees in terms of stress and strain that can sap their personal resources as outcomes of their efforts are uncertain; because of potential resistance and conflict with others; because of the need to manage one’s emotions while trying to stay on course; or because difficult decisions have to be made.; So how can companies and organisations encourage proactivity while effectively ensuring the wellbeing and performance of their employees?

How to recognise emotions and use Emotional Intelligence to boost service performance. Download the CoBS Research Pod. Learning objectives: Identify the benefits of cognitive ability and positive emotions on the service employee-customer relationship. Plan and implement a strategy for boosting employee service performance within your organisation.

Yoi-Shigoto: The Japanese concept of employee engagement and CSR

Creating a Positive and Nurturing Environment for Women at Work While many businesses have made considerable progress on diversity, others remain bastions of masculinity. Prof.-Dr. Dulini Fernando, Warwick Business School, puts the spotlight on the barriers that women face in the corporate world and shares the key areas in which managers can help to change that.

Business and Society

6 ways to build effective objectives and strategy for corporate giving

How nonprofits can reinvent themselves after mission success: Prof. Sheila M. Cannon, Trinity Business School, draws on her research to provide a framework for nonprofits to gain a second life and new meaning.

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How Financial Markets Can Push for CSR. Download the CoBS Research Pod Learning objective: Understand developments in Socially Responsible Investing and use a guideline framework for selecting which green or ethical investment to invest in.

Crowdfunding and win-win giving: Crowdfunding: Win-win giving. Understand how crowdfunding works and find the right approach for entrepreneurs to pitch their innovations and for donators to place their funding using a win-win approach; Philanthropy; corporate giving; crowdfunding; win-win giving; donator strategies; seed funding; entrepreneur; entrepreneurship; start-ups; business ideas; innovation; hybrid giving; hybrid crowdfunding; Arthur Gautier; Tom Gamble; Council on Business & Society; ESSEC Philanthropy Chair; ESSEC Together;

How Purpose Beyond Profit Can Reboot and Reignite Business Schools. Learning objective: Understand the interests and motivations at hand for young people wishing to undertake studies at business schools and the stereotypes surrounding business school education. Learn about the moral self-awareness (MSA) model. And implement a series of strategies and initiatives to transform perceptions and instil higher purpose into your higher education institution.

COVID-19 has upended business as usual for higher educational institutions (HEIs) with campuses switching to remote learning almost overnight and universities grappling with grave financial pressure. Vibhas Sukhwani and Rajib Shaw of Keio University, together with Takako Izumi of Tohoku University and Akhilesh Surjan of Charles Darwin University, reveal how HEIs can stay nimble in the face of continuous change by drawing lessons from the pandemic.

Evaluating the Social Impact of Your AI Strategy: As the wonders and perils of artificial intelligence begin to permeate our lives, Luciano Oviedo, Founder and CEO of tech start-up Tempugo WAITX, and Professor Sotirios Paroutis of Warwick Business School share the why, what, and how of their Social Impact Strategy Analysis (SISA) strategy tool – a flexible tool for emerging technology innovators and users to investigate social impact at a number of levels, from individual communities to the society.

CoBS Online Masterclasses

The Council on Business & Society regularly broadcasts online masterclasses on major issues impacting business and society featuring leading faculty, practitioners and special guests. Join the debate!