HOW CAN ONE STRIVE TO BE A LEADER?
Some 70 years ago, the balsa raft Kon-Tiki, captained by Norwegian anthropologist Thor Heyerdahl, completed a “4,300-mile, 101-day journey from Peru to Raroia in the Tuamotu Archipelago, near Tahiti. Heyerdahl wanted to prove his theory that prehistoric South Americans could have colonized the Polynesian islands by drifting on ocean currents.” To the amazement of the world, he did so. One thing that has always fascinated me with the Kon-Tiki story is the bold vision of Heyerdahl. I thought about this when I read a recent article in the Adam Bryant’s New York Times (NYT) Corner Office column, entitled “A Bold Vision Sets Things in Motion”, where he interviewed Nancy L. Zimpher, the Chancellor Emeritus, State University of New York. Although she comes from the world of academia, Zimpher presented some interesting ideas on her leadership style which I thought were useful to any or business leader.
In today’s podcast I chat with Alison Taylor, Director of Advisory Services at BSR, a global nonprofit organization that works with its network of more than 250 member companies and other partners to build a just and sustainable world. Alison, along with Sara Enright, is the co-author of a recent BSR Research Report entitled, “The Future of Stakeholder Engagement”, subtitled of Business Leadership for an Inclusive Economy. We discuss several issues raised by the Research Report, including What does stakeholder engagement mean in the 21st century? How has topic gained such traction over the past few years? What is the role of the compliance professional in stakeholder engagement? How does increased stakeholder engagement help to make companies stronger, more efficient and most critically more profitable?
In this episode, I consider how the US Department of Justice will evaluate the conduct of business leaders, including senior management around setting the right tone to do business ethically and in compliance with anti-corruption laws such as the US Foreign Corrupt Practices Act (FCPA).