One of the interesting things about consistently reading and hearing content from quality sources is that you start to notice trends. It is amazing how often the same topics arise at the same time in different places. We use this blog as a way to help you stay on top of the major themes in procurement and supply chain management.
Blog posts tagged in Corporate Responsibility
In September 2011, Wal-Mart announced a plan to spend $20B with woman-owned businesses by 2016. More recently, they expanded their Women’s Economic Empowerment program to include a ‘women-owned’ labeling program. Products that meet company ownership requirements will start appearing on Wal-Mart shelves this September1. Qualified companies can apply to be a part of the program through WBENC and WEConnect International.
Despite the company’s apparent good intentions, the program has not been warmly received by all, including some critics who feel calling additional attention to these products simply because of female company ownership does little to advance equality. As one commenter posted in response to a BusinessWeek article on the program, “The path to gender equality does not involve stickers pointing out that a product has been made by a female entrepreneur.”2
I remember this childhood saying “Good, Better, Best. Never let it rest. Until the good is better and the better best”.
One of my favorite movies is The Sound of Music with Julie Andrews. The song Do-Re-Mi has a verse that states ‘Let’s start at the very beginning, a very good place to start’. That could be the approach for almost any project, including getting a CSR program started.
We make choices every day in relation to our health, our family, our community and our profession. Some choices are straight forward and easy to make. Many times there are areas of grey and that brings with it a measure of ambiguity.
There was a factory fire about 20 years ago in the Boston area. The owner, Aaron Feuerstein, continued to pay the workers until the factory was rebuilt. That was exceptional and unheard of in business. This remarkable story of Malden Mills was on CBS news at the time. Mr Feuerstein was referred to as a Mench – a person of integrity and honor.
You might not think so, but watching the mainstage speakers from AribaLIVE in LasVegas this week was an excellent substitute for being there in person. Somehow the picture in picture slides plus camera angle streaming video captured the energy from the live audience and the enthusiasm of the speakers.
On Wednesday, the Sustainable Business Forum hosted "Supplier Management - Social Responsibility" presented by SGS, the world’s leading inspection, verification, testing and certification company. The Sustainable Business Forum is a platform for the voices of leading experts and promotes constructive discussions on business sustainability, focusing on the crucial topics that make up the core of sustainable business strategy.
This week’s featured webinar was run by ISM and provided a “how-to” on market intelligence with examples of market data usage, potential sources of information and some real-world examples of why this topic is so important (or should be). Although Reed Elsevier (owners of LexisNexis) sponsored the event, it was remarkably non-salesy. The event is available on demand (as are the slides) and can be accessed on ISM’s site with their other Previous Web Seminars.
As you’ll read more about on Friday, this week’s BMP event pick is the Ethics of Legal Process Outsourcing presented by Sourcing Interests Group. As a tie in, today’s Wiki-Wednesday topic is “Professional Responsibility” – mostly because the phrase “competent representation” doesn’t exist as a Wikipedia page. Without stealing all my own thunder for later in the week, the event was very interesting, and it gave me an opportunity to consider some parallels between the outsourcing of legal services and procurement’s contribution to an organization.