Managing Corporate Impacts
Co-Creating Value

Managing Corporate Impacts uses simple frameworks to demonstrate why and how today's corporations co-create enduring value with multiple stakeholders simultaneously.

Jennifer J. Griffin (Author)

9781107058675, Cambridge University Press

Hardback, published 25 January 2016

356 pages, 9 b/w illus. 5 tables
22.9 x 15.2 x 2.1 cm, 0.64 kg

Managing Corporate Impacts draws on the insights and experiences of managers from around the world to examine how companies can manage corporate impacts to co-create enduring value for business and society. Corporate impacts - the points at which businesses create or destroy value with others - extend well beyond financial impacts to include the workplace, procurement and delivery of goods and services, and shaping perceptions held about corporate behavior. This book uses simple frameworks to demonstrate why and how today's corporations co-create enduring value with multiple stakeholders simultaneously. By introducing multiplier effects and spillover effects, the frameworks move the attention of management beyond direct impacts to examine indirect impacts that create or destroy value connected to the core of the business. By purposely connecting with stakeholders through information-sharing, and effectively managing myriad impacts along supply and distribution chains, companies are poised to provide solutions and co-create value.

Foreword R. Edward Freeman
Acknowledgements
1. Corporate impacts: focusing on relationships and outcomes
2. Four mindsets on financial impacts
3. Employee and product impacts
4. Information-sharing impacts: redefining 'community'
5. Combining impacts, net impacts and spillover effects
6. Multiplier effects
7. Debunking persistent myths about co-creating value
8. Anticipating changes in expectations
9. Convergence: combining issues and interests to co-create value
10. Aligning initiatives and mechanisms for impact
11. Integrating global and local impacts in a global economy
12. The art and science of managing impacts
?References
Websites
Index.

Subject Areas: Business ethics & social responsibility [KJG], Business strategy [KJC], Business & management [KJ]