The Challenge for Business and Society: From Risk to Reward

PRAISE FOR

THE CHALLENGE FOR BUSINESS AND SOCIETY

"A company′s values are at the very core of its actions, and The Challenge for Business and Society: From Risk to Reward not only demonstrates the perils of those that prioritize growth for the sake of growth, but also provides example after example of businesses partnering with communities to create solutions to some of the world′s most pressing challenges."
Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.

"Corporations earn the right to operate and grow by delivering long–term value not just to shareholders but to society as a whole. The betterment of society and protecting the planet must be represented in a company′s strategy and its bottom line. Stanley Litow′s book makes a powerful case as to why success can no longer be defined purely by profit and that companies can only do well by also doing good."
Andrew Liveris, Chairman and CEO, The Dow Chemical Company

"A highly persuasive account of how and why businesses focused on addressing society′s biggest challenges are more likely to thrive and prosper over the long term to the benefit of all their stakeholders."
Paul Polman, Chief Executive Officer, Unilever

"Stanley Litow is an eminent and foremost mentor in the space of business and social responsibility, so his contributions present a great opportunity for a broader audience to benefit from his invaluable and almost unmatchable experiences. For decades now, Stanley has been navigating the realities between market forces, civic needs, and the space that exists to align them and reinforce one another. At this critical time when society has no option but to figure out how to deploy business power for the benefit of humanity, Stanley′s voice is vital."
Daniel Lubetzky, Founder and CEO, KIND

"At a time when all our institutions public, private, civic, religious face increased skepticism, The Challenge for Business and Society: From Risk to Reward charts a path for businesses to shape outcomes that work for the bottom line and the greater good. Stan Litow draws on his concrete experience as a dynamic leader in one of the country′s most storied companies to provide us straightforward lessons that will be timely and extremely useful to business and government leaders."
Denis MCDonough, former Chief of Staff to President Barack Obama

Foreword

Introduction

Acknowledgments

Chapter 1: The Good, Bad, and Ugly: A History of Corporate Behavior

Chapter 2: Past Is Prologue, but Today Is What Matters

Chapter 3: The Future

Conclusion

About the Author

Index

STANLEY S. LITOW is a global thought leader on critical policy issues including education, jobs, and the economy. He has had a lengthy high–level career in business, government, education, and civil society. Serving under three CEOs, he led IBM′s corporate citizenship programs and the IBM Foundation, where he created some of the world′s most innovative corporate social responsibility efforts. At IBM he organized and helped lead three National Education Summits for the U.S. president, the nation′s governors, CEOs, and education leaders. Before his IBM career he served as deputy chancellor of schools for the City of New York where he pioneered significant education reforms. He also founded and led a major think tank, Interface, that helped the City of New York cope with its last fiscal crisis. Prior to that he served under the mayor of New York City as executive director of the New York City Urban Corps, the nation′s largest college intern program, and served on a range of advisory panels for the president of the United States and the governor of New York, where he chairs its Academic Affairs Committee.