Peer Learning Forum: Refreshing your Responsible Business strategy
Tue, 12 May @ 10:00 – 11:30
This is an online event taking place on Microsoft Teams
Audience
Business in the Community (BITC) members with advisory, as well as non-members who have an advisory package with us. Hosted by our issue experts, there are 20 forums a year, covering a range of responsible business areas and enabling our members to discuss challenges, solutions and ideas.
About the event
You’ll have often heard BITC’s Responsible Business Strategy & Purpose team mention that there is a danger when companies think about responsible business that ‘all their strategic bones leave their bodies’. A business wouldn’t launch a new product or invest in a new operating system without understanding the need, the business case and the strategic approach to increasing ROI. And yet…when it comes to responsible business there are still many companies that can’t clarify the ‘why’ and overarching ‘how’ for their approach. Other companies have long been strategic, so much so, that their responsible business approach is embedded in their commercial strategy and there is a clear understanding about how it increases profits (Bain & Co and EcoVadis 2023).
Regardless of the current or prior approach, external drivers are continuing to force companies to be more strategic and get a greater bang for their buck. Employees are expecting more, consumers are expecting more, clients are demanding more and regulation continues to increase at an ongoing fast pace. Responsible business isn’t about doing all the things in all the ways, it’s about focusing on the material issues, setting goals that everyone can get behind and then delivering a tight strategy that achieves those goals. Join us at this Peer Learning Forum to hear from members who have been refreshing their strategy and the opportunities this has presented. Discuss with others the challenges and pitfalls, so you can avoid them!
Speaker:
- Gareth Edwards, VWW Partner, VWW
About Business in the Community’s Peer Learning Forums
BITC’s Peer Learning Forums provide a confidential environment to discuss common issues, solutions, and good practice. There will be an emphasis on discussion and sharing experiences. All contributions from businesses will be confidential within the group and won’t be shared externally by BITC.
Booking and contact details and further information
- Contact Jessica.hart@bitc.org.uk, Event Coordinator, BITC for any further questions.
- Full joining instructions will be sent before the event.
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