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#ebbfgovernance - what does governance mean to me? new mindsets, a first point of view by Gijs van de Fliert
Governance meaning different things to different people, and rethinking governance being the main theme of the next ebbf international event, we asked Washington-based ebbf member Gijs van de Fliert this question.
Gijs came up with a number of current frameworks that address governance from an old world order mindset: complying and avoiding the negative. The challenge that Gijs offers is how can we transition to a new governance system centred around and inspired by the dignity, respect, equality, and justice of individuals in our workplaces.
Thinking about governance, what words or concepts would come to mind?
“Our governance has always been geared towards avoiding the negative and inappropriate behaviours and outcomes. The definition of inappropriate has been shifting dramatically in the 21st century. Although companies instituted moral and ethics programs with codes of conduct and rules, these were often setup to meet the minimum standards of a nation’s rules and regulations. Often these rules were merely focusing on a code of conduct in business dealings with other institutions. For example elaborate schemes were set up to prevent corruption practices, such as bribes, fraud, collusion, coercion in public bidding of contracts.
Corporate Governance established the rules of how companies could be governed with separations between management, independent board members and shareholders, with employees often in a more troublesome role of whistleblower.
Emerging from the 20th century came a new risk framework discipline called operational risk management, which tried to
#ebbfgovernance - Augusto Lopez-Claros, keynoter at the event shares ideas on nationalism and global governance
Below you can read an extract from a recent article published by #ebbfmember and keynoter at #ebbfgovernance annual conference in May Augusto Lopez-Claros.
“I was a young economist working on the IMF’s Spanish economic team. A challenging time for Spain as it was preparing for entry into the European Union at a time of internal crisis with very high unemployment and major sectors of the economy (e.g. steel, shipbuilding) in crisis due to the emergence of lower cost producers in other parts of the world.
What impressed me the most was the extent to which the prospect of entry into the EU was forcing the government to extend the focus of economic policies beyond issues of macroeconomic stability to the fundamental institutional reforms. I remember, in particular, reforms aimed at liberalizing the inflow of foreign direct investment to facilitate the integration of the Spanish economy with the rest of Europe and, indeed, the world. With massive inflows of non-debt capital would also come know-how that would transform the country’s ageing productive apparatus.
Spain joined the EU on January 1, 1986 and over the next two decades it was one of the best performing economies in Europe. In the years following entry into the EU Spain not only received massive inflows of foreign capital as foreign firms sought to benefit from Spain’s lower labor costs and free access to the large European market, but was also the recipient of large and generous transfers from the EU budget, to finance regional development, including an upgrading of the country’s then decrepit physical infrastructure.
Implicit in all of this was the exercise of an important principle embedded in EU law: the richer member states transfer resources to the poorer members as part of a process of narrowing the income divide among countries and as a result of which intra-country inequality in the EU was reduced in a significant way.
What do you have to contribute about rethinking governance? Send your proposal to talk at ebbf's next annual conference
You have until the 30th of November to send your proposal for a keynote or workshop at ebbf’s 28th annual conference.
We already have three outstanding speakers to elevate our thinking and challenge current governance structures to explore new ones, the ideal forms of governance that will allow ethical business to build the future.
We are now offering you the opportunity to either offer a keynote / workshop or to invite a speaker you would like to feature in ebbf’s next annual event taking place in Geneva from the 17th to the 20th of May 2018.
Most of the current systems of governance are either unjust, unfair or unable to adapt to the changing environment we are facing. How can you help us to explore new frameworks for decision-making and action? What personal experiences, new ideas, challenges you might be facing in your company do you wish to present?
DEADLINE FOR SENDING YOUR PROPOSAL OR FORWARDING TO ANOTHER POTENTIAL SPEAKER:
30th November 2017
The next episode of ebbf’s #discoveringhow podcast will be dedicated to the topic of consultation . We offer you a preview:
Valerie Arnold, a keynoter at a recent ebbf international event offers us ideas on how to outsmart personal biases to achieve better consultative processes. Considering how many times we are not even aware of those biases, it is more useful to bring them to our attention and explore how we might overcome them.
“If consultation entails considering all points of view without attachment to personal opinion, then it is essential to become aware of the cognitive biases that prevent us from being open and fully detached from personal biases
We all suffer from biases and these prevent an authentic dialogue during a consultation.
But outsmarting our own biases is tough as we are often unaware they exist. Only by challenging our deeply help assumptions, we will allow enquiry to happen.
Egocentrism is a big factor in distorting reality during a consultation and inserting personal biases but even without the ego
You can now view / download the keynotes from the recent #ebbfspirit international event and a few of the learnshop materials.
During this four day event we explored WHY economic systems and enterprises need a new elevated spiritual mindset. And then found out HOW we can build such enterprises.
The key elements and processes that will allow us to successfully bridge towards this new, necessary way of seeing and building the future.
We came to understand the pillars, key principles, ways forward to shift towards the spiritual enterprise.
In the text that accompanies each presentation you will also find a link to the Facebook Video recordings of most keynotes..