2010 New York CEO Conference
Solving Social Problems through Business Strategy
On International Corporate Philanthropy Day, February 22, 2010, CECP convened leading global CEOs at The McGraw-Hill Companies in New York City to discuss corporate philanthropy, peer to peer. ABC News' National Correspondent Chris Bury moderated an exclusive conversation with Klaus Kleinfeld of Alcoa and Ken Powell of General Mills, exploring a more clear vision of what corporate leaders can do now to stay ahead of increasingly complex social issues and rising stakeholder expectations.
Key Takeaways:
- Increasingly, companies sitting at the top of a value chain are held accountable for the actions of their partners and vendors along it.
- Long-term shareholder value is intertwined with responsiveness on social issues relevant to corporate growth strategies.
- Not only are companies positioned to make a difference on social issues, but doing so is expected by consumers and employees.
- It is appropriate for companies to take ownership over getting results and empower collaborators to sustain lasting solutions; governments and nonprofits cannot go it alone.
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