• Skip to content

What I Read

Header Right

  • Blog
  • About
  • Subscribe

peace

15 June:Leaders walking the talk. Peace Index. And naming the problem.

Posted on June 15, 2020 Leave a Comment

The UN Global Compact turns 20 and opens its virtual forum today. One background document by executive search firm Russell Reynolds looks at “Leadership for the Decade of Action”. It recalls a 2019 UNGC/Accenture study showing that 92% of CEOs believe integrating sustainability is critical to business success but that only 48% are doing it. It points to a 2019 Russell Reynolds study analyzing 4000 role specifications across industries and countries showing that while 15% of them make reference to sustainability (up from 9% in 2015), only 4% actually have sustainability experience and mindset as a requirement for getting the job. These numbers tell us that there is a still work to do to walk the talk in the private sector. To complement these findings, Russell Reynolds conducted in-depth interviews with 55 CEOs and found that sustainability pioneers are 3 times more likely than the control group to have worked in two or more continents, are more than twice as likely to have had experience in two or more functions, and are more likely to have had experience in operations and supply chains.  It finally argues that all sustainability pioneers in business have a “sustainable mindset”. That means that they display the following leadership attributes: multilevel systems thinking, stakeholder inclusion, disruptive innovation, and long-term activation – a lot of catchy words thankfully unpacked and exemplified in the report.
 
Since the beginning of the crisis, hundreds of CEOs have announced that they would share the pain with their employees and take salary cuts. Financial Times Fan Fei and Andrew Edgecliffe-Johnson analyzed – for 554 companies – how these salary cuts compared with returns from equity awards CEOs would be receiving this year. They show that these awards would far exceed the “solidarity” salary cuts as stocks continue to recover. That’s also because salaries only make a small portion of the income CEOs take home. 
 
This graph is from the Institute for Economics and Peace’s ”Global Peace Index (GPI) 2020”. The index is made of 23 indicators and covers 99.7% of the world population. The report shows that global peacefulness has deteriorated 2.5% since 2008, calculates that the global violence price tag is $14.5 trillion dollars, says that COVID-19 adds more tension and uncertainty, and argues that civil unrest and environmental problems could further affect the situation in the future. The graph below shows the percentage changes for each GPI indicator from 2008 to 2020. 15 indicators have deteriorated. Two indicators significantly changed in opposite directions: UN peacekeeping funding improved while terrorism impact worsened.

My quote this week is from Chimamanda Ngozi Adichie on the Daily Show [1’18’’]:  “Feminism is about justice for everyone but you have to name the problem. And the problem is that it is women who have been excluded. So, we need to call it what it is.” And Trevor Noah’s response: “In many ways that’s what people say about Black Lives Matter.”

Filed Under: Uncategorized Tagged With: business, leadership, peace, racism

23 June 2017

Posted on June 23, 2017 Leave a Comment

Youseff Mahmoud et al’s “Entrepreneurship for sustaining peace” is the curtain raiser for one of the International Peace Institute conversation series on prevention and sustaining peace.  Mahmoud is argues that the UN refocus on prevention be accompanied by a shift away from deterring conflict towards sustaining peace. Conceptually this means moving away from a highly politicized and securitized approach to prevention. Operationally this means moving away from crisis management tools only. Adopting the sustaining peace approach, this article looks at how economic opportunities contribute to peaceful societies by offering more dignified lives and countering sentiments of marginalization for entrepreneurs, their families, and their communities. It uses two examples to illustrate how that works: Colombia and Tunisia. It highlights the unique potential of youth entrepreneurship by pointing to the correlation between positive peace and the Youth Development Index and arguing that the demographic dividend could also contribute to sustaining peace. And it provides 3 operational recommendations for UN field operations and country teams: map existing entrepreneurial initiatives that have explicit peacebuilding benefits; develop an integrated entrepreneurship development strategy; and encourage host countries to create environment supportive of youth-led social entrepreneurship as part of peace operations.

Several people shared the IOM’s “UN-biased” video with me this week. It speaks of decision biases in the work place and how they affect hiring decisions, in the United Nations. Some numbers. Where equally qualified candidates are considered, mothers are 79% less likely to be hired. Women take 5.4 years to be promoted to a P4 level whereas men take 4.6 years. In performance reviews, women receive 2.5 times more feedback about aggressive communication styles than men. Overall 62% men work in hardship duty stations, and while 30% of applicants are women, they are not selected. At senior level, 16% of males versus 40% of females are more likely to be divorced, separated or single. The video also suggests 5 very practical recommendations to counter biases in recruitment. Just take 5 minutes and watch it. Go IOM!

My graph this week is from CBInsights’ “Google is ramping up pharma activity” and shows that google has made as many pharma deals (6) in the first half of 2017 as it did during the 2010-14 period. While all eyes are on Amazon investing in the food industry, google is moving in the healthcare space with expectations of transforming the sector.  What strikes me is tech giants strengthening their monopolies with one hand while growing their philanthropic arms with the other: over the same week Amazon Bezos bought Whole Foods, he also crowdsourced ideas for how to spend his billions.

 

 

My quote is from Mark Zuckerberg’s opening speech at the Facebook’s first Communities Summit because, as flagged earlier, it marks another step in how the social media platform is being transformed into a new type of global governance entity: “The idea behind our new mission is to bring the world closer together. Ending poverty, curing diseases, stopping climate change, spreading freedom and tolerance, stopping violence: there is no single group or even country that can take these things on alone. So we have to build a world where people come together to take on these big meaningful efforts. This is not going to happen top down […] We want to help one billion people join [Facebook] meaningful communities and bring the world closer together.”

 

Filed Under: Uncategorized Tagged With: conflict, gender, governance, health, peace, technology, UN, workplace, youth

Find me on Linked In