All Posts By

Admin

Should fairness be a core business goal?

By | Blog | No Comments

Written by Charles Wookey

Blueprint for Better Business challenges companies to be a force for good and contribute to a better society. Such a system is fundamentally about delivering a basic social contract comprised of relative equality of outcomes; equality of opportunity; and fairness across generations. Blueprint’s Five Principles provide guidance for businesses and reflect the foundations needed for responsible business: honesty and fairness; good citizenship; responsible employment; guardians for future generations; and a purposeful business that delivers long-term sustainable performance.
Mark Carney, Governor of the Bank of England, July 2018

If any one word sums up the pervasive societal distrust of big business, it is “unfairness”. Whether the issue is pay, tax, environmental harm or the growing share of corporate earnings going to capital rather than labour, this word underlines a now chronic dis-ease.

Read More

7 questions to consider before you apply for a new job

By | Blog | No Comments

Written by Amber Marquand

Just 44% of millennials think business leaders are making a positive impact on the world.[i]

Before starting my internship at Blueprint, I, like the majority of my peers, found it easy to be cynical about what businesses define their role as being in society and questioned businesses commitment to making a positive impact. In particular the ubiquitous corporate mission ‘to make the world a better place’, which seems both vague and non-committal.

However, one of my tasks at Blueprint has been tracking the different companies that claim to be led by their purpose and benefit society. Through this research I have discovered that there are a handful of companies, a significant majority being start-ups, which do care about things such the environment, the treatment of their people, pay, the community they do business in, and so on.

Read More

CMI Report: The What, The Why And The How Of Purpose

By | Blog | No Comments

Written by Charles Wookey

Published by the CMI, this research from Charlie Ebert of Judge Business School Cambridge, Dr Victoria Hurth of the University of Plymouth, and Prof Jaideep Prabhu of Judge Business School Cambridge draws on research and interviews with leaders from 18 of the biggest UK and international brands, including BT, Unilever and Marks & Spencer, to discover WHY companies are becoming purpose-driven. 

Over the last two or three years, the idea of organisational purpose as being a key to both create better businesses and repair the fractured relationship between business and society has grown. Financial powerhouses like BlackRock have joined calls for companies to adopt purpose, to shape stronger cultures and deliver sustainable success. There’s an increasing body of evidence on the harm that can be done by a myopic focus on maximising shareholder value. Corporate social responsibility – the idea that a business can do whatever it wants within the law so long as it is doing some good somewhere – was an earlier attempt to address these challenges, but it feels increasingly outdated.

Read More

Talking about Blueprint in the USA

By | Blog | No Comments

Written by Charles Wookey, CEO A Blueprint for Better Business

Last month I went to the USA for a week. I was there to give a presentation at a University in Minnesota, and then had a series of meetings in Boston and New York with people who had expressed interest in A Blueprint for Better Business. I was very curious to understand the cultural differences and explore how what we are up to here might ‘land’ there.

Read More

“Common Good”, Its Meaning, & Its Capacity to Inspire & Sustain Ethical Institutions

By | Blog, Uncategorized | No Comments

Blueprint was pleased to be invited to present a paper at the Common Good Conference, June 21-23, 2018 at the University of St. Thomas Minneapolis. In this paper Charles Wookey, Helen Alford and Loughlin Hickey share the origins of A Blueprint for Better Business, the ongoing work towards advancing the common good through purpose-led business and early learnings from our work with some major companies.

Read More

I’m a recovering pessimist about the future of humanity

By | Blog | No Comments

Written by Jo Alexander, On Purpose Fellow & Chartered Geologist

Geologists are very good at scaring people (including ourselves!).  As a geologist, I have a tendency to be rather dramatic and fatalistic because my science has taught me the power of our natural environment to kill off species: whether that be at the hand of super-volcanoes, earthquakes, meteorites, or climate change and we know that one-day homo sapiens will face extinction too (see… I’m doing it already!).

When I met the climate scientist, Chris Rapley , he reflected to me that if the scientific community wants to galvanize action to tackle the climate problem it should focus less on delivering the raw facts (compelling as they are) and more on embedding them in stories that engage people emotionally and are relevant to their daily lives. My new rule of thumb is that there’s no point scaring someone about climate change if I’m not also helping them understand what they can do about it.  This special power of frightening people needs to be deployed with care.

Read More

Blueprint Conference: A Student’s Perspective

By | Blog | No Comments

 

Conference audience

Written by Celine Goslinga, Student at University of Glasgow

I was thrilled to attend Blueprint in Action. I study Business and Geography at the University of Glasgow and have a particular interest in corporate responsibility, as I aspire to work in developmental aid, perhaps through the private sector. I thought it would be very valuable to gain inspiration from the application of tangible examples out in the real world. In Action. Yet still, as I boarded the night coach from Glasgow to London, a flash of nerves struck me. Me, a first year student, off to a big city, to sit in on a professional conference where I don’t know anyone and where everyone would probably be older and wiser than me. I took a breath and said to myself: ‘Relax. Just observe. Orientate. Get inspired.’ Read More