Episode 04: Social Contract
Do you know your company ecosystem? This week we get into the genetics of your company, examining the system of connections that gives you permission to operate. We ask whether your board has a social contract with its stakeholders? What is your true connection with community, staff and the wider company ecosystem, and should that be subject to obligation like a contract? We’ll argue that boards need to have this conversation because your ecosystem doesn’t just connect to your business model, it drives and sustains it. Shareholders, investors, staff, regulators, and your community want to see real accountability. We’re seeing signals that now is the right time to surface this. As the weighting of value is changing, how do you place yourself at the front of the curve? How do you start this conversation as a leader, a Director? Purpose; if you know your why you are free to participate in more whats! We’ve got an idea about how to start this fire….and we want to get your feedback fuel.