Responsible Competitiveness
On November 17th last year, the chief executive of AccountAbility, Dr. Simon Zadek, gave an hour-long talk at the Lee Kuan Yew School of Public Policy on responsible competitiveness. He discussed how responsible competitiveness - where markets systematically and comprehensively reward businesses for more responsible practices, and penalise them for the converse - can lead to enhancing the competitiveness of countries and regions. Dr. Zadek outlined an action agenda that includes:
1. Encourage performance-aligned corporate responsibility practices (eg. Global Leadership Network)
2. Investigate sector potential (eg. pharma, finance)
3. Identify cross-cutting issues (eg. demographics)
4. Policy development (eg. links to trade policies)
5. Improve measurement
The video clip of the talk is available on NUScast here.
