Stan Litow's guest appearances

Stan Litow

Art of Procurement

For the EVOLution of Business

Jessica Lewis

Jason Roberts

Rory Sutherland

Charles Darwin

Robert Frank

Dred Scott

David Bush

Alan Mulally

Tim Jones

Peter Smith

David Sloan Wilson

Randy Roth

Raj Sisodia

Eric Martin

Steve Wozniak

OwlTail

[2:30] Changing the story of the role of business and society i.e. In 1870, Macy's started offering health care to employees BEFORE government regulation, Hundreds of companies voluntarily offered paid vacation [5:30] 1920 George Eastman gave 1/3 of personal stock holdings to employees (equivalent of $250 million in today's dollars) [7:00] IBM insisted on integrated manufacturing plants in the American South in the 1950s [10:00] The risk attached to the pushback against the capitalist system [11:30] A recent California law requires at least one female board member - How should we balance regulation to inhibit bad behavior vs. incentivizing good behavior [14:30] Incentivizing "conscious" supply chain spending and other ways to set the bar higher [17:20] Responding to EPA regulations - Some companies spend money fighting the laws, others spending money innovating to meet/exceed the laws [20:00] Investment advantage of investing in socially responsible companies [22:00] Improving measurement tools for corporate social responsibility [23:15] How voice recognition technology to teach kids to read led to patents and products that were sold to clients [24:30] Recruitment and retention through corporate social responsibility at IBM [27:10] Pathways in Technology Early College High Schools (P-TECH) pioneered by Stan at IBM [34:30] Scaling P-TECH throughout the country through public private partnerships and engaging stakeholders [38:30] "From spare change (checkbook philanthropy) to real change" [39:15] Corporate Service Corps - How a business need to establish a globally culturally competent workforce to work on critical societal problems in developing countries - Retaining employees and building their skills, opening new markets while helping communities [44:30] How JP Morgan used their resources and assets to help revitalize Detroit [45:55] How Daniel Lubetzky at KIND improved society by advocating for government to update their nutritional regulations [48:00] The secret to IBM's longevity - A commitment to continual change and commitment to unchanging core purpose and founding principles [51:00] Being strategic about CSR - Finding out what your employees value and EVOLving your purpose and values [54:30] Getting employee feedback and being open to listening to employees [55:30] Why Chambers of Commerce should elevate the consciousness of their members - Breaking down silos between business, government and civil society [59:15] What are the barriers to elevating the consciousness of business? [1:01:00] Stan's ideas for the future of Corporate Social Responsibility

[2:30] Changing the story of the role of business and society i.e. In 1870, Macy's started offering health care to employees BEFORE government regulation, Hundreds of companies voluntarily offered paid vacation [5:30] 1920 George Eastman gave 1/3 of personal stock holdings to employees (equivalent of $250 million in today's dollars) [7:00] IBM insisted on integrated manufacturing plants in the American South in the 1950s [10:00] The risk attached to the pushback against the capitalist system [11:30] A recent California law requires at least one female board member - How should we balance regulation to inhibit bad behavior vs. incentivizing good behavior [14:30] Incentivizing "conscious" supply chain spending and other ways to set the bar higher [17:20] Responding to EPA regulations - Some companies spend money fighting the laws, others spending money innovating to meet/exceed the laws [20:00] Investment advantage of investing in socially responsible companies [22:00] Improving measurement tools for corporate social responsibility [23:15] How voice recognition technology to teach kids to read led to patents and products that were sold to clients [24:30] Recruitment and retention through corporate social responsibility at IBM [27:10] Pathways in Technology Early College High Schools (P-TECH) pioneered by Stan at IBM [34:30] Scaling P-TECH throughout the country through public private partnerships and engaging stakeholders [38:30] "From spare change (checkbook philanthropy) to real change" [39:15] Corporate Service Corps - How a business need to establish a globally culturally competent workforce to work on critical societal problems in developing countries - Retaining employees and building their skills, opening new markets while helping communities [44:30] How JP Morgan used their resources and assets to help revitalize Detroit [45:55] How Daniel Lubetzky at KIND improved society by advocating for government to update their nutritional regulations [48:00] The secret to IBM's longevity - A commitment to continual change and commitment to unchanging core purpose and founding principles [51:00] Being strategic about CSR - Finding out what your employees value and EVOLving your purpose and values [54:30] Getting employee feedback and being open to listening to employees [55:30] Why Chambers of Commerce should elevate the consciousness of their members - Breaking down silos between business, government and civil society [59:15] What are the barriers to elevating the consciousness of business? [1:01:00] Stan's ideas for the future of Corporate Social Responsibility

From Spare Change to Real Change: The Challenge For Business and Society with IBM's Stan Litow

On this weeks episode of The Art Of Procurement, my guests are Stan Litow and Tim Coates. Stan is the Vice President of Corporate Citizenship and Corporate Affairs at IBM, and the President of the IBM Foundation. Tim is an executive within the IBM Foundation, with the responsibility of managing their Supplier Connection program. Today’s discussion talks about corporate philanthropy and corporate social responsibility – or CSR – and what large private enterprises can do to help spur small business growth, and the impact that has on local economies. We talk about why this is important, the challenges that big businesses face in working with small companies, and some of the benefits including increased access to innovative products and services. Full show notes can be found at artofprocurement.com/csr

On this weeks episode of The Art Of Procurement, my guests are Stan Litow and Tim Coates. Stan is the Vice President of Corporate Citizenship and Corporate Affairs at IBM, and the President of the IBM Foundation. Tim is an executive within the IBM Foundation, with the responsibility of managing their Supplier Connection program. Today’s discussion talks about corporate philanthropy and corporate social responsibility – or CSR – and what large private enterprises can do to help spur small business growth, and the impact that has on local economies. We talk about why this is important, the challenges that big businesses face in working with small companies, and some of the benefits including increased access to innovative products and services. Full show notes can be found at <a href="http://artofprocurement.com/csr" rel="nofollow" target="_blank">artofprocurement.com/csr</a>

026: Introduction to CSR: How Can Procurement Facilitate Small Business Growth, with Stan Litow, President of the IBM Foundation.