Events

CEO Conference Summaries

2011 Board of Boards CEO Conference

Business at its Best: Maximizing Long-Term Profitability and Societal Impact
Download the Executive Report » (includes results of real-time polling questions and a list of attendees)
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On February 28, 2011, International Corporate Philanthropy Day, CECP convened nearly 70 global business leaders—including executive delegations from China and the Arabian Gulf—to discuss the theme Business at its Best: Maximizing Long-Term Profitability and Societal Impact. In this closed-door session, consistently ranked among the world’s top ten executive events by global public relations firm Weber Shandwick, this esteemed group focused on the opportunities and implementation challenges that lay ahead when reorienting their core corporate strategies to blend commercial and societal interests.

Indra K. Nooyi, Chairman and CEO of PepsiCo, and William D. Green, Chairman of Accenture, led the panel discussion, which Charlie Rose moderated. Lloyd C. Blankfein, Chairman and CEO of The Goldman Sachs Group, Inc. addressed attendees at an executive luncheon following the conference.

With this Executive Report, the Committee shares the results of interactive attendee poll questions and highlights from this important conversation
which began with a focus on the future of corporate community involvement and evolved into a discussion of Sustainable Value Creation.

Key Takeaways:

  • CECP and Accenture shared the concept of Sustainable Value Creation: a core business strategy focused on addressing fundamental societal issues by identifying new, scalable sources of competitive advantage that generate measurable long-term profit and community benefit.
  • These solutions differ from business-as-usual because they require new models for capturing societal impact, lengthier investment horizons, and a deeper understanding of the local stakeholder context.
  • It is imperative to dedicate sufficient time and resources to choose, most judiciously, the set of issues on which to focus, and there will likely be significant company and industry-specific nuances that guide this selection.

Download the Executive Report » (includes results of real-time polling questions and a list of attendees)


 
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