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Benefits of managing change effectively are: investors who understand the full range of a company's activities and impacts; a loyal and empowered work force; suppliers who believe in the company's integrity; communities and their governments who recognise the benefits the business brings them. Conversely failure to pay sufficient attention to aligning commercial strategy with changes in civil society can result in: lost share value; consumer boycotts; difficulties in recruiting talent; the depletion of 'political capital'; hostility from media, regulators and public authorities; admired companies shy away from partnerships.

In a growing number of countries, good corporate governance is not just a statutory obligation. It is a commercial imperative. Any major business that fails to do more than meet its statutory obligations runs the risk of severely compromising its standing in society.

Corporate Social Opportunity