The Past, Present, and Future of Alliances for Sustainable Capitalism
David Grayson and Jane Nelson20% discount on this title
January 2013 414+xxii pp 234 x 156 mm
"an indispensable guide to the role played by business-led coalitions in generating and disseminating socially responsible business practices ... written by two seminal figures in the field" - John Ruggie
"a valuable book that collects a wealth of information that could accelerate the understanding of practical steps towards business-led coalitions. As this book almost covers whatever a person requires to know in this area and provides comprehensive information about the issue, nearly every line in it presents something new..." - CSR International Book Review Digest
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Winner of the Social Issues in Management (SIM) Best Book Award at the Academy of Management 2015
The significance of business-led corporate responsibility coalitions is indisputable. The WBCSD has 200 member companies with combined annual revenues of US$7 trillion; the UN Global Compact has almost 8,000 corporate members, over two-thirds of them from developing countries. It is estimated that there are more than 110 national and international generalist business-led CR coalitions. But there is now urgent need for informed and balanced analysis of their achievements, their progress and their potential.
Why did these coalitions start and grow? What have been their impacts? Where are they heading now? Where should they be going? What is the future? In a period of austerity, the business and public sector must decide whether funding these coalitions is a priority.
To meet current crises, there will have to be a great deal more business involvement; but efforts of individual corporations will not be sufficient. There is also a need for far more collective action among companies and more collaborative action between different sectors of society. Business-led CR coalitions with their decades of convening experience could play an important role in this process – if they are fit for purpose going forward.
Authors David Grayson and Jane Nelson have been actively involved in such coalitions for decades. In Corporate Responsibility Coalitions they first explore the past, present and future of these coalitions: the emergence of new models of collective corporate action over the past four decades; the current state of play, and the increasing number, diversity and complexity in terms of how they not only network with each other but also engage in a much broader universe of institutions that are promoting responsible business practices. In addition, the book provides in-depth profiles of the most strategic, effective and long-standing coalitions, including: Business for Social Responsibility; Business in the Community; CSR Europe; Instituto Ethos; International Business Leaders Forum; the UN Global Compact; and the WBCSD.
This book will be required reading for key supporters and potential partners of such coalitions in companies, governments, international development agencies, foundations, non-governmental organisations, academic institutions and think-tanks. It also aims to inspire a future generation of leaders to be more aware of the role of business as a partner in driving more inclusive, green and responsible growth, and to help them develop new types of leadership skills so that they can be effective in finding multi-stakeholder solutions to complex and systemic challenges.
There is a growing focus by academics and others on concepts such as 'collective impact'; transformative partnerships; and global networks. Corporate Responsibility Coalitions is the first book provides the only thorough historic review of the business leadership networks that pioneered this approach, plus a forward-looking analysis on the role of collective business impact in future.
The authors have provided a Teaching Note for teachers in Business Schools and Schools of Public Policy to help design classes and courses around the themes and content of Corporate Responsibility Coalitions.
Video: interview with author David Grayson short clip | full version (look for “Book Interview”).
A live list of business-led Corporate Responsibility Coalitions and multi-stakeholder initiatives is available here.
Article: Smarter Collaboration , by David Grayson appeared in Management Focus.
Essay: Sustainable capitalism and the potential of corporate responsibility coalitions by David Grayson and Jane Nelson appeared in Ethical Corporation.
A list of speaking events with the authors discussing the themes of the book is available here.