Return on 'integrity' By Paul Klein

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Return on Integrity How partnerships with nonprofit organizations contribute to a corporation’s Return on Integrity

description

How partnerships with nonprofit organizations contribute to a corporation's return on integrity.

Transcript of Return on 'integrity' By Paul Klein

Page 1: Return on 'integrity' By Paul Klein

Return on Integrity

How partnerships with nonprofit organizations contribute to a corporation’s

Return on Integrity

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“I ran the wrong kind of business, but I did it with integrity.”

Sydney Biddle Barrows (The Mayflower Madam)

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Integrity has become an

imperative for business.

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Why?

• The Recession

• Quarterly Capitalism

• Ongoing Corporate Irresponsibility

• Expectations of Social Purpose

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“How do we know if they’re telling the truth?”

4th Grade Student John Fisher Public School

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Integrity in Science

Integrity Engineering

Integrity Testing

Integrity in Relation to Value Systems

Integrity in Ethics

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A choice rather than an obligation.

Consistent adherence to a set of human principles: compassion, dependability, generosity, honesty, kindness, loyalty, maturity, objectivity, respect, trust and wisdom.

A set of characteristics that don’t seem “businesslike.”

Integrity in Business: Still An Emerging Framework

An internal system of principles which guides behavior.

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Partnerships are an Indicator of

Integrity.

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Example: 3M and Let’s Talk Science

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Measuring the Return on Integrity

of Partnerships.

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Corporations ask:

What’s the least expensive way to acquire and activate the most

valuable cause property?

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Non-Profits Ask:

What’s the most we can get from in return for giving away as little as

possible?

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Fee for Cause Property+ Activation ($.76)

Value of Impressions, Interactions, Sampling,

Sales, Hits, etc.

= Return on Investment

The Old Paradigm

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The New Paradigm

Business Value (differentiation, sales, employee and

external stakeholder engagement)

+ Societal Outcomes(social and environmental change)

=Return

on Integrity

Partnership Investment+ Leverage of Internal and

External Resources(knowledge, communications, products

and services, facilities, suppliers)

+ Transparency, Honesty, Respect, Leadership, and Trust

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“Not everything that counts can be counted and not everything that can

be counted counts.”

Sign in Albert Einstein’s Office

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Questions and

Discussion

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