Though they tend to be a bit short on data and long on supposition, two recent reports by the Institute of Business Ethics (IBE) and Chartered Institute of Management Accountants (CIMA) tackle the issue of the link between ethics and strategy head-on. “Managing Responsible Business,” the more comprehensive of the two reports, is written jointly by the IBE and CIMA. It suggests that in future, an ethical and/or sustainable business model (it seems to conflate the two at times) will be a universal necessity for doing business in the long term. The other report, which is a discussion paper really, is titled “Incorporating ethics into strategy: developing sustainable business models.” They are both well worth reading and I’m interested in feedback from anyone on these papers. I’ll have some further comments once I’ve finished the series on strategic default.
Published by James D. Meacham
I've been working in and around ethics, risk, governance, and compliance for three decades. My current role is as senior governance, risk, and compliance analyst at BlackLine, a Southern California Software-as-a-Service firm. Also writing at http://jamesdmeacham3.com. View all posts by James D. Meacham