short news from ebbf members
Prior to attending ebbf’s 28th international annual event dedicated to rethinking governance to allow ethical business to build the future, event participant Pascal Schmidt co-wrote with colleagues Nicola Benigni and Marco Felici this insightful article:
“As we were participating in the Global Challenges Prize, a call for ideas on global governance systems that would help to address our world´s border-transcending challenges, we asked ourselves the question of how to create a system that has (and is conducive to) unity and justice at its core and at every level. How do we ensure that the views of the diverse people of the world are brought into the decision process while still reaching consensus? How do we guarantee democratic legitimation in an ever-evolving system and a continuous flow of learning bottom-up and top-down? Do we want the purest of heart or the most knowledgeable to make decisions and can we induce through an election mechanism that well-wishers of all are elected? How can we make sure that the latest learning from science and religion are embedded into policy? How different would our societal structure be if women would be equally represented among the elected?
View the full program of ebbf's annual conference #ebbfgovernance - rethinking the governance of your organization
The #ebbfgovernance may 2018 event program has been finalised and is available to download if you wish to have a peek at the four day program that has been prepared to allow us to rethink governance – exploring new frameworks for decision-making and action in your organization.
Click on the image to download the program that will handed to participants at the registration desk.
ebbf member Jean-Pierre Méan, a leading world expert on the topic of corruption and also author of ebbf’s publication “on corruption and bribery, fighting to restore trust” recently wrote this article inspired by the theme of ebbf’s annual conference “rethinking governance to allow ethical business to build the future”.
“In the modern State, government derives its legitimacy not from a divine mission but from a delegation of powers from the people, in what has been termed a social contract. Since it is obviously not practical for all citizens, millions of them, to exercise the state power together, they choose representatives who are expected to use their power in the interest of the community. In recognition of the risk of abuse inherent in any human activity, it was felt that not all power should be entrusted to the same individual or group of individuals, but that the power should be divided in three branches of government: the legislative, the executive and the judiciary, thus creating a system of checks and balances expected to curb abuses. This in a nutshell is the essence of governance in modern democracies. These ideas were first expressed some three hundred years ago, have started to spread in the nineteenth century but have not gained a semblance of universal recognition until recently.
Unifying leadership that goes beyond gender
What are some of the elements that will allow us to evolve the governance and leadership of our organizations fully harnessing and even eventually transcending gender diversity?
Film director and producer Mary Darling and ebbf board member Wendi Momen share some ideas and their views in Episode 15 of ebbf ‘s #discoveringhow podcast.
And a full track will be dedicated to exploring what happens when you add female leadership to a governance structure at ebbf’s annual conference:
If you needed more reasons to register for ebbf’s annual conference dedicated to “rethinking governance to allow ethical business to build the future” ; One of the over 20 sessions you can use during the event will be offered by Iko Congo. He will be offering the opportunity to explore how we can shift from the dominant to a new spiritually-inspired form of governance in business at ebbf’s annual conference .
He offers an article that can start to set from underlying assumptions about this topic.
“The business world, as the rest of society, is governed by a set of values, attitudes, convictions, and beliefs. For the sake of this piece, we will refer to these collectively as ‘paradigm’. Different paradigms can exist in different pockets of humanity, and the same paradigm can be expressed differently in different contexts with particular elements of it being given more weight and visibility than others. The dominant paradigm, that is most commonly accepted and which defines the general functioning of our contemporary society, particularly in the west (but has spread and influenced other regions in very concrete ways) is that of liberal capitalism – the foundational principle for our political, economic and ethical framework, the social structure of our society.
Interpreting Increased Volatility in Financial Markets by #ebbfgovernance keynoter Augusto Lopez-Claros
#ebbfgovernance keynoter and #ebbfmember Augusto Lopez-Claros just published this interesting article allowing us to gain insights into the volatility of the financial markets.
“With the 2008 global financial crisis in mind, investors and the broader public want to know whether the recent volatility in the stock market might be a symptom of more worrying trends, signaling a range of other weaknesses in the economy.
Challenges created by the global financial crisis and the concomitant rapid rise in levels of public indebtedness in the United States and other advanced economies, policymakers will also face a number of medium-term challenges linked to aging populations and the likely fiscal impact of climate change and that much more needs to be done to establish a firmer foundation for sustainable economic growth.”
Kurt Specht is one of the over 20 speakers at ebbf’s annual international event who will be offering one of a variety of angles and new ideas on the theme of the event: Rethinking Governance ( more info on the event here ) In this article Kurt introduces the theme of his session:
Governance in blockchain enabled organizations
“Distributed Autonomous Organizations, Token Economies and other new type of and communities are based on an emerging technology called the blockchain. Most people know the word blockchain from its most prominent example – Bitcoin – a so-called digital cryptocurrency that recently got quite some attention in the news and media. This popularity is due to two main factors: a) its astronomic increase in value (some of it related to speculation – for example, when exchanged in USD the Bitcoin value is up from a few cents at inception to >$10’000 today) and b) the energy consumption per transaction as the network grows. Currently one Bitcoin transaction requires 240 KWh(1), which is roughly equal to the monthly electricity consumption of a two-person household in Switzerland and sixty times that of a credit card payment.
The Bitcoin and other cryptocurrencies have pitfalls as currencies such as their exposure to speculation (same issue that exists with traditional currencies as well), the limitation of the money supply, and the footprint on the environment. The latter is addressed by various projects and developer communities that aim at improving interoperability, scalability and sustainability issues. They are eager to find solutions to these problems making the blockchain a future-proof information technology(2).
However, Bitcoin and its imitators seem to respond to a societal need of freedom from surveillance and control as they can bypass regulations and government authorities. What is the social value to society of Bitcoin and other cryptocurrencies in their current characteristics and implementation?
#ebbfgovernance - Better Listening, Better Decisions, Better Governance: What can 350 years of Quaker Business Method and the latest business thinking teach us?
Eoin McCarthy FIC CMC MBA (Warwick) and Sarah James Wright will be amongst the over 20 speakers at the next ebbf international annual conference #ebbfgovernance and have offered this insightful article for you.
“Business that blindly serves its own ends is no longer sustainable from an economic, let alone a ecological standpoint. We need to conduct business with an awareness of its relationship to and impact on the individuals it touches and the communities and ecosystems it is a part of. But how can we determine what is best for the system as a whole? To help us reframe our approach, we can access a range of tools, both time-honoured and modern, that all point to a fresh set of leadership capacities and the value of deep listening.
The idea that business can serve more than its own financial interests isn’t new. The Quaker Business Method has been in use for over 350 years and helps organisations reach decisions that everyone can agree to, without leaving individuals feeling unheard. Quakers keep on returning to it as a model that works, and now, with increasing attention being paid to diversity, inclusivity, transparency and just process, more and more organisations are becoming interested in this method of conducting business meetings and arriving at decisions.
It’s markedly different from the decision-making taking place in most organisations. Recognising that human beings and all other life and matter are mysteriously interconnected, the primary objective is to seek unity in decisions: to find a way forward that is
ebbf board member Wendi Momen is currently in New York, also offering workshops during the United Nation’s annual Commission on the Status of Women, to bring home the realities and possibilities of a gender balanced governance.
Together with Ralph Blundell and Maja Groff she will also offer a keynote during ebbf’s annual conference #ebbfgovernance
She has a broader question for you:
what has been your experience, does anything change when you put feminine leadership in a governance structure?
In the meantime we celebrated just a few of the many ebbf women and their continued impact around the world in ebbf’s last news letter
#ebbfmember Roy Steiner on "learning from the future" and "about Diversity, Equity and Inclusion" at the Omidyar Network
Two very interesting articles from #ebbfmember Roy Steiner caught our attention.
First “Learning from the Future” an exchange with his colleague at the Omidyar Network, Eshanthi Ranasinghe, who worked with The Future Hunters to scan the horizon and develop a report on 10 trends to watch over the coming year. He talked with her about why it’s important to develop this foresight muscle and implications she sees for the field. ( Read Here ).
Roy then shared “5 Lessons learned about Diversity, Equity and Inclusion (DEI) at the Omidyar Network” with ideas on various topics such as
(1) Political crises open the door to conversation
(2) Staff knows your organization best
(3) Use peak experiences to build momentum
(4) Resources signal commitment
(5) Use partners to bolster your efforts