High prices and concerns about energy security in the oil and gas industry are driving expansion into ever more sensitive environments with greater technoological, political and social risks.While brands such as BP, Shell and ExxonMobil are well known, some 70 per cent of oil and gas industry activities are typically contracted out to service providers and their subcontractors. The fallout from the April 2010 Gulf of Mexico disaster has shone a spotlight on alleged systemic failures and ongoing difficulties in contracting relationships. As the governments of oil producing countries - from Nigeria to Kazakhstan to Venezuela - seek to take greater control of their oil and gas resources, there are pressures to expand the role of local businesses in chains of contractors. Government targets for local hiring and procurement paper draws on three years of research and interviews within the oil and gas sector to highlight an array of critical challenges facing oil and gas companies involved in complex supply chains, and to identify urgent and longer-term actions for progress.

CSR for Purpose, Shared Value and Deep Transformation focuses on a new type of CSR, which includes entrepreneurial innovation, sustainable goals and shared and integrated value in a systems-oriented approach for deep transformation. All topics are backed by case studies, academic literature and future research opportunities.

Over the last years, “Creating Shared Value” has become a much discussed concept in business practice as well as in management theory and especially in the context of corporate social responsibility. This book offers a contribution to the current academic discussions on the well-received article of Michael Porter and Marc Kramer in Harvard Business Review in 2011. In the light of the increasing references to the shared value concept, it develops a critical discussion on its fundamentals and its implications for the relationship between economy and society. By that, the book seeks to shed light on the understanding of the role and the nature of the firm in a globalized economy. The result is a collection of interdisciplinary academic reviews which offer interdisciplinary reflections on “Creating Shared Value” to illuminate theoretical, conceptual and practical challenges of the topic. Within the fields of Business Ethics, Theory of the Firm, Management and Philosophy, researcher, students and practitioners will be given a deeper insight on how to approach to the concept in a conceptional and philosophical way.

This book offers 32 texts and case studies from across a wide range of business sectors around a managerial framework for Sustainable Business. The case studies are developed for and tested in executive education programmes at leading business schools. The book is based on the premise that the key for managing the sustainable business is finding the right balance over time between managing competitiveness and profitability AND managing the context of the business with its political, social and ecological risks and opportunities. In that way, a sustainable business is highly responsive to the demands and challenges from both markets and societies and managers embrace the complexity, ambivalence and uncertainty that goes along with this approach. The book presents a framework that facilitates the adoption of best business practice. This framework leads executives through a systematic approach of strategic analysis and business planning in risk management, issues management, stakeholder management, sustainable business development and strategic differentiation, business model innovation and developing dynamic capabilities. The approach helps broaden the understanding of what sustainable performance means, by protecting business value against sustainability risks and creating business value from sustainability opportunities.

This book shows how companies can maximize the value of their CR initiatives by fostering strong stakeholder relationships.

The Shared Value Debate. Academic Visions on Corporate Sustainabilityis the first issue of the Enel Foundation series ŇAcademic VisionsÓ. Sixteen scholars, belonging to universities and research centres located in different countries around the globe, are the authors of short papers that resume their findings and visions on Corporate Social Responsibility (CSR). The volume offers a view on the current academic debate, increasingly focused on the new role that corporate dynamics play in the global scenario, and allows the emergence of the wide variety of perspectives on the core set of issues brought up by the shared value logic. The authors, aware of the growing importance and influence of these issues on future society, deal with key concepts and ideas on the role that Environmental, Social and Governance principles and actions have in shaping the new business model for the incoming years. Reflecting both scientific interests and geographical peculiarities, every article will introduce the readers to a specific issue and peculiar point of view on CSR debate. In the resulting picture, the shared value logic appears as a powerful combination of conceptual wisdom, albeit not all generated by its proponents, and managerial insight, that contributes to diffuse and evolve a new way of conceiving the business enterprise.

How can you effectively stand up for your values when pressured by your boss, customers, or shareholders to do the opposite? Drawing on actual business experiences as well as on social science research, Babson College business educator and consultant Mary Gentile challenges the assumptions about business ethics at companies and business schools. She gives business leaders, managers, and students the tools not just to recognize what is right, but also to ensure that the right things happen. The book is inspired by a program Gentile launched at the Aspen Institute with Yale School of Management, and now housed at Babson College, with pilot programs in over one hundred schools and organizations, including INSEAD and MIT Sloan School of Management. She explains why past attempts at preparing business leaders to act ethically too often failed, arguing that the issue isn’t distinguishing what is right or wrong, but knowing how to act on your values despite opposing pressure. Through research-based advice, practical exercises, and scripts for handling a wide range of ethical dilemmas, Gentile empowers business leaders with the skills to voice and act on their values, and align their professional path with their principles. Giving Voice to Values is an engaging, innovative, and useful guide that is essential reading for anyone in business.

Shared value is a management strategy in which companies find business opportunities in social problems. While philanthropy and CSR focus efforts focus on "giving back" or minimizing the harm business has on society, shared value focuses company leaders on maximizing the competitive value of solving social problems in new customers and markets, cost savings, talent retention, and more. This book takes the concept of shared value to the next level, with the concept of "Me to We" (also abbreviated as "M2W") and discusses the current state of the business-environment-government relationship and shows how the shared value model can contribute to each entity. Citing real cases and examples from multiple industries, the authors show that shared value promotes shareholder interests while serving as a successful business strategy. Chapters explore the emerging phenomenon of shared value, the shareholder-stakeholder comparisons, the role of government in the stakeholder environment, shared value as it related to competitiveness, and operational issues such as implementation, communication, and leadership in their relationship to shared value. Readers will find useful strategies of Me to We and its implementation by firms that have become leaders in their market. They will receive ideas and insights into business strategies that will overshadow CSR activities as a differentiation or brand development strategy of the past. Featuring interviews with corporate executives offering their perspectives on shared value, this book will discuss shared value within the context of business and society, competitiveness, and globalization.

Corporate Sustainability & Responsibility (CSR) - incorporating corporate responsibility, sustainable development, business ethics and corporate citizenship - has become a widely taught subject in business schools and practiced in companies around the world. Presented here is a comprehensive textbook that introduces students and practitioners to CSR theory and practice, looking at the past, present and future. The text includes 25 case studies and over 60 sets of discussion questions (nearly 200 questions), which allow teachers, students and practitioners to reflect on the presented content and to discuss, debate and dig deeper into the issues. The text itself is written in a highly readable style, without sacrificing academic rigour (there are over 200 references cited). The result is an inexpensive, accessible and searchable introduction to a management discipline that has become critical to the future of business, written by one of the world's leading authorities on the subject.

This work gives practical voice to the theoretical questions and research designs of an emerging agenda for organization theory that engages questions about broader social structure and organizations with theory in cultural analysis, stratification, and entrepreneurship.