The business benefits of doing good | Wendy Woods

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  • Опубликовано: 14 фев 2018
  • "The only way we're going to make substantial progress on the challenging problems of our time is for business to drive the solutions," says social impact strategist Wendy Woods. In a data-packed talk, Woods shares a fresh way to assess the impact all parts of business can have on all parts of society, and then adjust them to not only do less harm but actually improve things. Learn more about how executives can move beyond corporate social responsibility to "total societal impact" -- for the benefit of both a company's bottom line and society at large.
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Комментарии • 51

  • @Kongolox
    @Kongolox 6 лет назад +31

    play with x1.25 speed

    • @shway1
      @shway1 6 лет назад +1

      you mean 1.5x

    • @aknightlife
      @aknightlife 6 лет назад +1

      Kongolox that's where I started, then bumped it to 1.5x 😂

  • @flipchartpad
    @flipchartpad 6 лет назад +16

    Correlation doesn't imply causation. I haven't analyzed their "study" but I would assume that companies that perform better have more resources to invest into "doing good" not the other way round.

    • @fionafiona1146
      @fionafiona1146 6 лет назад +1

      But there are plenty of upsides of cutting out middle men and utilising the education provided for employees (indifferent of ill health or providing healthy workplaces)

  • @goldenteen922
    @goldenteen922 6 лет назад +2

    *Wauu love TED TALKS, EDUCATIONAL AND NOT BORING!!!* 💖,😅

  • @xiaoyihu5971
    @xiaoyihu5971 6 лет назад +2

    Whats Valuation Premium and Margin Premium?

  • @HarshKumar-nv1hu
    @HarshKumar-nv1hu 6 лет назад +1

    Love and respect 🙏

  • @rb032682
    @rb032682 6 лет назад +1

    I like you, Wendy.

  • @wesleystinson-suitup5846
    @wesleystinson-suitup5846 6 лет назад +3

    Mais alguém treinando o Listening ?

  • @LloydJAnthony
    @LloydJAnthony 6 лет назад +2

    This talk for me didn't seem to reveal anything out of the ordinary. There were plenty of buzzwords, but no real 'light bulb moments' or thought provoking suggestions. I fear that something a little tenuous could weaken the argument of why businesses should do good. Actual systems and methods for doing good and seeing a return would have strengthened this a lot more.

  • @tyspeaks6104
    @tyspeaks6104 6 лет назад +4

    Find trends and go there !! Obviously i am not a professional like this lady here. But I am smart enough to know that the majority population right now as millennials. We grew up with the internet , thats all we know!! Building a business can be that simple ! But of course it requires a huge amount of hard work. But the tools are there ! We don't need to find them, we just need to take advantage of them !!
    Peace

  • @Hakasedess
    @Hakasedess 6 лет назад +13

    Instead of 'investing' (which is really just another way of saying you're taking hold of local resources in order to profit from the labor of those living there) try ceasing your imperialism.
    Doing good can never be a sound business decision, because doing good would be returning control of resources to the working class, doing good would be not paying people $2 an hour to work 10 hour shifts just because you can, doing good would be NOT exploiting people whose only choices are death or working for you at subsistence wages.
    Of course, I have no illusion of anyone in a high-up position ever reading this, my only real hope is for those of you who see the contradiction here (that actually trying to improve people's lives in the most direct way possible for a business, paying people what their work actually is worth, will simply render you uncompetitive) to investigate alternatives to this system with the intent to learn.
    My suggestion would be The Conquest Of Bread by Peter Kropotkin, but there are many resources.

    • @swordwaker7749
      @swordwaker7749 6 лет назад

      Hakasedess Contrary to popular belief, "doing good" is not a win-lose situation where you suffer lose for other. If you can hire people for 10 hours for $2, it's still better than having no one hiring poor men at all. If they accept your wage, it means that they have no better choice and thus you're already doing good in offering him a choice. Doing good sustainably is not simply giving other with your limited or stolen(taxed) wealth. It's about making sure the other side also win, the easiest way is to not steal or abuse legal power but instead make sure your customer like it and value it and your workers value your payment.

  • @LeonidasGGG
    @LeonidasGGG 6 лет назад +6

    Doing the right thing because it makes you money is the wrong way to go about it...

  • @vorlonagent
    @vorlonagent 6 лет назад +1

    Any time you get a can't-lose, no-downside concept like TSI, you always have to ask what is being left out.
    One question not examined is *whY* businesses following TSI gain benefits. And when they do not. By aggregating her data, Ms. Woods obscures any issues associated with TSI behavior. .

  • @ada9213
    @ada9213 6 лет назад +1

    If you watch k dramas ceo company look for ordinary people to make some inovations for the company, if people project is awesome then they of course get paid

  • @eagerdawn3496
    @eagerdawn3496 Месяц назад

    10:05

  • @shway1
    @shway1 6 лет назад +4

    A real study would look at margin changes before and after policy changes. Correlation does not equal causation and slightly reducing exploitation doesn't help as much as actually providing people with healthcare, education, water, food etc. Airbnb drives up property prices, their net effect on poor people is negative. What problems are being solved here? This talk was a waste of time.

  • @Srikanth_CVA
    @Srikanth_CVA 6 лет назад

    👍

  • @ChristaSmithCartoonist
    @ChristaSmithCartoonist 6 лет назад +10

    Peak neoliberalism.

    • @SP-ri7jo
      @SP-ri7jo 6 лет назад +2

      Down with the bourgeois.

    • @mhtinla
      @mhtinla 6 лет назад +1

      Free Wakanda!

    • @SP-ri7jo
      @SP-ri7jo 6 лет назад +1

      Is that the Black Panther place?

  • @grellguy
    @grellguy 6 лет назад +2

    Please stop reinventing the wheel. This is deluting the efforts of the CR comunity to implement CR as an holistic approach ... This new abbreviation is nothing else than corporate responsiblity (CR/CSR). When implemented correctly, CR encompasses sustainablility on all three levels: environmental, social and economical sustainability. CR always has the goal of optimizing all three of these aspects with the individual measures taken and no business will (nor should it imho) implement anything on purpose that will harm it's business.

    • @jasonwicks3666
      @jasonwicks3666 6 лет назад

      Couldn't agree more! So glad somebody said it. Business doesn't need more acronyms.

  • @cwl82108
    @cwl82108 6 лет назад

    Too much number, not convincing.....

  • @ha2088
    @ha2088 6 лет назад

    first

  • @swordwaker7749
    @swordwaker7749 6 лет назад

    So many guys using ad hominem here.

  • @andremoll851
    @andremoll851 6 лет назад

    With respect, there is too many people that live on handouts and the more handouts the more they breed. You will never have enough.

    • @LivingInKerala
      @LivingInKerala 2 года назад

      yikes for this world with mentalities like this

  • @swordwaker7749
    @swordwaker7749 6 лет назад

    So many neoliberal claiming this video sucks and many saying it's a neoliberal propaganda. I will say as an ancap that I agree with her.

    • @shway1
      @shway1 6 лет назад

      ancaps are just fundamentalist neoliberals

    • @swordwaker7749
      @swordwaker7749 6 лет назад

      Patternicity nope, we disagree fundamentally on taxes and possibly financial regulations.

    • @shway1
      @shway1 6 лет назад

      neoliberals want to privatize government programs reduce regulations and cut taxes. ancaps want the same but take it further

    • @swordwaker7749
      @swordwaker7749 6 лет назад

      Patternicity Oh, I messed up the term with "progressive". Which are usually called "liberal" these days.

    • @shway1
      @shway1 6 лет назад

      there was no mention of liberals. we were talking about neoliberals. you used the term yourself.

  • @mhtinla
    @mhtinla 6 лет назад +8

    Socialism is trying to dress up as Capitalism.

    • @FunBotan
      @FunBotan 6 лет назад +5

      Or maybe the other way around