Return on 'integrity' By Paul Klein
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Transcript of 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
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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
www.impaktcorp.com