CECP Insights Blog
CECP's CEO Daryl Brewster, other CECP staff, members of CECP's Board of Directors, and other industry thought leaders provide timely insight into trends and developments on the role of business in society.
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Speaking Up and Out in 2022 and Beyond
April 6, 2022
The bar for corporations to behave morally is higher than ever. This year’s Edelman Trust Barometer report—a survey of 36,000 people in 28 countries—finds trust in all organizations is changing, but business remains the most trusted (61%), followed by trust in NGOs (59%), government (52%), and media (50%). Just as protests after George Floyd’s murder […]
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Buy-Backs: Pitchforks, Then A Rethink
March 26, 2020
We’re going to want to reach for the pitchforks as we watch baggage-charging, space-squeezing airlines get a chunk of taxpayers’ money as part of the Covid-19 stimulus package, with very few strings attached. Particularly so after a decade of airlines shipping cash out the door in share buy-backs at an extraordinary scale. As a result, […]
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The Long-Term Imperative: How Companies Can Respond
January 7, 2020
On November 7, 2019, Chief Executives for Corporate Purpose (CECP) and Edelman hosted a webinar titled Communicating Long-Term Plans: Best Practices and Examples from the Industry, which can be accessed here. The combined Strategic Investor Initiative and Edelman Long-Term Plan presentation is here and the underlying research on which the content guidance we provide to companies is found here. There […]
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7 questions every CEO should be able to answer
June 20, 2019
This article first appeared on The World Economic Forum. Companies are being asked by both investors and customers to better articulate their plans for making a profit and doing so in a way that doesn’t damage the planet. These demands are taking on new urgency as the implications of climate change become more severe and disruptive technologies transform […]
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This article first appeared on LinkedIn. Brian Tomlinson and Mike Krzus’ report, The Method of Production of Long-Term Plans, can also be viewed for full coverage of the topic. Four thoughts for better long-term focused disclosures Communicating new topics to investors often requires new operational processes, personnel, and data; disclosure can work as an organizational forcing function. Corporations are […]
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This article appeared first in the National Association of Corporate Directors’ blog, BoardTalk. Board members don’t need another tome outlining the uncertain times in which their companies find themselves. What they need is a road map to guide their companies in sustainable value creation, which, in a sense, future proofs their business strategies. Uneasy markets? […]
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How Purpose and Culture are Driving Sustainable, Long-Term Growth and Profitability
February 6, 2019
CEOs from institutional investor firms BlackRock and State Street released their annual guidance to companies on practices they “believe will drive sustainable, long-term growth, and profitability.” These letters were issued amidst widespread cynicism, both socially and economically, while anxious chatter continues about the role of business, capitalism, and strategic time horizons. The 2019 Edelman Trust […]
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Corporate Purpose is the Tie that Binds: CECP's Annual Trends Report
December 13, 2018
Leading companies are laser-focused on corporate purpose. They explore what their purpose is and how it translates to their people and community and bring that purpose to life through intentional practices and strategies. They use a human-centered lens for all business operations because it helps them see around corners and delivers a competitive edge. All […]
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In “Short-Termism is Harming the US Economy,” Jamie Dimon and Warren Buffett argue that executives who target quarterly, short-term results often do so at the sacrifice of long-term strategy and results. This, in turn, harms the sustainable success of companies and the economy as a whole. We agree. As part of CECP’s Strategic Investor Initiative, […]
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Response to WSJ's "Stocks Weren’t Made for Social Climbing"
February 1, 2018
Andy Kessler made some interesting points in his piece, “Stocks Weren’t Made for Social Climbing” (1/21/18). Chiefly, we at CECP: The CEO Force for Good, agree with his emphasis on the importance of profits. The issue is how you get there and how to create sustainable value, not just short-term gains. When he suggests that […]
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CORPORATE LEADERSHIP, SOCIAL PROGRESS
December 18, 2017
As the wild ride of 2017 comes to an end, we reflect on a year that was replete with loss and pain, but also a year when leading corporations have stepped up on major social issues. Through CECP’s collaboration with 200+ companies, hundreds of monthly inquiries and discussions, proprietary surveys, and conversations with leading experts and on-the-ground […]
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Changing The Conversation from Short-Term to Long-Term Value
October 18, 2017
In his article “The False Prophet of Long Term Investing” James Mackintosh makes a nuanced argument about long-term investing versus short term trading. While he agrees that short-termism can lead to the wrong incentives for corporate management, a state of affairs he acknowledges large investors are working to correct, Mr. Mackintosh warns against blaming short-termism […]