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Global Convention Theme Paper call for Urgent Reviews of Corporate Purpose and Priorities
Many board strategies damage the environment, reduce biodiversity, increase global warming, are not sustainable and need to change
For those worried about the future of mankind and the fragility of our planet, the strategies of many boards appear to be compounding challenges and problems rather than offering viable solutions. Board motivations seem to reflect what was felt to be desirable in a previous era and to largely ignore current challenges. Those who are concerned represent fertile soil for more imaginative, inspiring and positive leadership that recognizes the impossibility of mass populations in developing countries adopting the current lifestyles of developed countries. Now could be a last opportunity for some boards to engage a wider range of stakeholders, re-purpose companies, adopt environmental and social as well as financial goals and objectives, and set new priorities for excellence, innovation and investment that might create a simpler, healthier and more fulfilling and sustainable future.
Prof Colin Coulson-Thomas, President of the Institute of Management Services and leader of the International Governance Initiative of the Order of St Lazarus, is an experienced chairman of award winning companies and vision holder of successful transformation programmes. He holds a portfolio of board, professorial and other international appointments, including as Director-General (UK and Europe) of IOD India which organises the annual Dubai Global Convention and World Congress on Leadership for Business Excellence and Innovation. As chairman of Adaptation he has helped directors in over 40 countries to improve director, board and corporate performance. Details of his most recent books and reports can be found on: https://www.adaptation.ltd/
Adaptation / Colin Coulson-Thomas