COP26 is almost upon us, convened against the backdrop of profound challenges and upheavals of 2020 and 2021 from the pandemic, floods and wildfires to Black Lives Matter.
Like many others I’ve questioned the ability of our political, economic, and societal systems to take action. This year’s Edelman Trust Barometer survey showed that rather than wait for government to impose change, a whopping 86% of respondents thought business leaders should take the lead and be as accountable to the public as they are to their board and shareholders.
With this in mind, Wise Goose has taken another step on our journey as a ‘purpose led business‘ we’ve amended our ‘Articles of Association’ to integrate wider stakeholder interests into our governance structure. These are written rules, registered with Companies House, stating how the company is run. In practice little will change, a ‘purpose led’ approach has inspired our work since the early days, but now balancing people, profit and planet is firmly at the heart of our purpose. From now on, ensuring business and operations have a material positive impact on society and the environment, is a director responsibility adding an extra layer of scrutiny.
This is about taking a stand, stating our core reason for existing is richer and wider than solely creating shareholder returns. It’s a way of ‘putting our money where our mouth is’. The world needs more businesses to see their role as creating value for society, and while we may only be a micro business, we are heeding Theodore Roosevelt’s advice, “Do what you can, with what you have, where you are.” I’m proud to have found the confidence and courage to start where we are and take a step.
My son returned last week tired but happy from walking the last stretch of the Camino of Santiago di Compostella with his youth group. The ‘camino’ or ‘Way of St James’ is a 500 mile long walking pilgrimage route that’s inspired seekers since the Middle Ages. It had become fairly dormant but since the 1980s its popularity has grown, though these days it’s commonly taken as a secular pilgrimage – you can watch this video about the camino to find out more. Continue reading “Coaching as Pilgrimage”
Is your organisation doing enough to develop the next generation of leaders?
New research published in the Ashridge Management Index shows that many managers (48%) don’t think enough is being done to develop the skills and experiences of younger managers. As well as specific targeting of future leaders, the report recommends that there should be higher levels of investment in learning and development for teams and senior managers. Clearly, though there have been improvements, there is still work to be done in meeting the challenge of building organisations which value learning and development and appreciate the long term positive impact it has upon the financial bottom line. Continue reading “Addressing Leadership Shortfall”
I’ve had a full week. I’m a community governor at the local primary school where I’ve spent about 12 hours since Monday. I’m also co-chair of an educational charity; that’s taken another day out of an already busy schedule. All unpaid; more than once I’ve caught myself asking: Why do I do it? After all, I also run a business and need to make a living. Continue reading “Coaching and Positive Psychology”
Organisations need people who are engaged and motivated; especially during an economic downturn.
Many studies show that engaged employees are good for organisations. According to the Corporate Leadership Council, employees with lower engagement levels are four times more likely to leave their jobs. Engaged employees are also more productive and contribute more to profits. Studies found that the organizations with highly engaged employees achieved twice the annual net income of organizations with less engagement. Continue reading “Employee engagement – seven tips for success”
In the wake of the financial crisis the media spotlight has been increasingly on unethical behaviour in organisations. We’ve seen trust in leaders unravel and a crisis of confidence in institutions of all shapes and sizes. Society is calling for more responsible leadership and demanding that companies and individuals act with integrity. Continue reading “Redefining Success – Coaching for Responsible Leadership”