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Corporate leadership for an uncertain and cynical age

Corporate leadership for an uncertain and cynical age

Coulson-Thomas, Colin (2017) Corporate leadership for an uncertain and cynical age. Effective Executive, XX (1). pp. 15-32. ISSN 0972-5172

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Abstract

Presentations and discussion at the 16th Global Convention on Governance and Sustainability suggests a desire of the corporate leaders present to put a higher priority upon better addressing the requirements of stakeholders other than shareholders. Achieving this might require changes of corporate purpose, governance arrangements and leadership criteria. Recent investigations of adoptions of performance support suggest that it is possible to simultaneously deliver multiple objectives and deliver benefits to a wider range of stakeholders as well as furthering the interests of shareholders. Revised corporate ends could be matched by developments in the means to achieve them. This raises the possibility of businesses, regulators, governments and public bodies working more closely together to pursue shared aims and create economies and build companies that increasingly work for all rather than just the few. Such a shift of emphasis could help to dispel cynicism and reduce mistrust of business leaders and usher in a new era of collaborative capitalism.

Item Type: Article
Additional Information: This article is based upon a speech, paper and concluding remarks prepared by Prof. Colin Coulson-Thomas for the international conference of the 16th London Global Convention on Corporate Governance and Sustainability which was organised by the Institute of Directors, India and held at the Millennium Hotel, 44 Grosvenor Square, London W1K 2HP on the 18th and 19th of October, 2016
Uncontrolled Keywords: Leadership; Corporate Leadership; Organizational Leadership; Leadership Development; Contemporary Leadership; Human Resource Management; Boards of Directors; Governance; Corporate Governance; Stakeholders; Stakeholder Management; Stakeholder Engagement; Corporate Purpose; Uncertainty; Cynicism; Corporate Trust; Self-interest; Uncertainty as opportunity; Board practices; Director development; Director succession; Board structure; Board committees; Sustainability; Regulation; Compliance; Government-business relations; Urban-rural divide; Alternative strategies; Corporate strategy; Business strategy; Sustainable lifestyles; Restoring confidence and trust; Collaboration; Capitalism; Collaborative capitalism; Widening perspectives; Enforcement; Shared challenges; Future scenarios
Subjects: H Social Sciences > HB Economic Theory
Faculty / Department / Research Group: Faculty of Business
Faculty of Business > Department of Human Resources & Organisational Behaviour
Faculty of Business > Leadership & Organisational Behaviour Research Group (LOB)
Related URLs:
Last Modified: 02 Oct 2017 14:36
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/16541

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