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Stakeholder Collaboration and Bridging Leadership

Posted: 2012-10-29

Co-creating a Company’s Compelling Future:
Stakeholder Collaboration and Bridging Leadership
Prof. Nieves R. Confesor

 

This paper was prepared for the conference on Asian Forum on Corporate Social Responsibility held in Bangkok, Thailand on October 25-26,2012.

Globally, developed and developing nations , as well private companies and public organizations face complex socio-economic challenges which range from the lack of access to basic social services; environmental degradation; widening income gap between social class; and prevalence of security threats. At the same time, the high level of interdependence among markets and peoples has also increased.

It would be profoundly reassuring to view the current economic crisis as simply another “rough” spell that we need to get through. Unfortunately, though, today’s mix of urgency, high stakes, and uncertainty will continue as the norm even after the recession ends. Economies cannot erect a firewall fast enough against intensifying global competition, energy constraints, climate change, and political instability. The immediate crisis—which we will get through, with the help of policy makers’ expert technical adjustments—merely sets the stage for a sustained or even permanent crisis of serious and unfamiliar challenges.

Although the UN Millennium Development Goals reported that countries would meet some of the target before the deadline (2015), problems concerning poverty, education, gender equality, health, and environmental sustainability still persists.

 

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