Search results by "Stakeholders"

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posted by Alex  on July 30, 2008

This paper introduces the Trust Enablement™ approach to corporate governance, as a natural and harmonizing counterbalance to prevailing risk management practices.Recent attempts to restore confidence in capital markets have been based largely on risk management practices that place greater emphasis on protecting organizations from further erosion of trust than on establishing higher levels of trust and confidence. Efforts focused on proactively building trust yield better results than recent risk management reactions to mistrust.  A complementary, offensive trust and confidence-building strategy is therefore proposed as more effective for reducing director and officer liability exposures and enhancing business value than a prevailing defensive, risk management strategy.Comparative examples of current governance practices and proposed initiatives when mapped to the Trust Enablement™ model reveal a deficiency in trust and confidence-building governance mechanisms.  Trust Enablement™,...
     

posted by Admin  on June 11, 2008

As a company committed to sustainable development, Anglo American believes that while its operations may deplete a natural resource in a particular location, it should deliver a combination of improvements in the social and human capacities of the communities around them. A growing number of key stakeholders share this expectation. The attached two-page pdf document (which can be downloaded by clicking on the 'download' link) describes a case study of how Anglo American used the tool at a colliery in South Africa. It briefly summarises the challenge the company faced, and its response.  You can also read an overview/summary of the overall SEAT approach here.
     

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