The role of business in society, including its relationships with stakeholders and its responsibilities towards them and to society at large, has become an important point of debate in recent years.
Carolyn Fairbairn, Director-General of the Confederation of British Industry (CBI), examines the issues surrounding responsible business in a talk titled Responsible business: the way forward, at the University of Winchester on Wednesday 15 February 2017.
Having just returned from the World Economic Forum
summit at Davos, she will share the latest thinking of business leaders, governments and NGOs on the role of business in creating a fairer, more sustainable world. She will also highlight areas where firms have made great progress in recent years and where work remains to be done.
Ms Fairbairn joined the CBI as its first female Director-General in November 2015. She began her career as an economist at the World Bank, before joining the Economistmagazine as a business and financial journalist. Following a management consultancy role at McKinsey & Company, she took on a range of senior leadership roles in the media industry. In 2003, she created and launched Freeview, one of the UK's most successful new digital TV services.
Responsible business: the way forward is part of a series of talks and workshops hosted by the University's Centre for Responsible Management
which promotes dialogue and leading edge thinking in the field of responsible leadership and management. The Centre, which is based in the Winchester Business School
, has already gained an international reputation for its research into responsible leadership, business ethics and responsible management in organisations.
Dr Karen Blakeley
, who leads the Centre, said: "Over the past few decades, the power of business to influence society has grown exponentially. Our best business leaders are learning to use that influence to make a positive impact on the lives of its stakeholders, the planet and future generations.
"The Winchester Business School aims to engage in the on-going debate amongst educators, business, government, consumers, media, and other interested groups on critical issues related to global social responsibility and sustainability. We're delighted to welcome Carolyn Fairbairn to share her views on the increasingly important issue of responsible business practice."
In 2016 the University of Winchester was recognised as a global leader in responsible business education when Winchester Business School became one of only three business schools in the UK to be invited to become a PRME Champion
, for its dedication to the United Nations' backed Principles for Responsible Management Education (PRME) to inspire and champion responsible management education, research and thought leadership.
The aim of PRME is to develop a new generation of business leaders capable of managing the complex economic, environmental and social challenges faced by business in the twenty-first century. It now includes over 300 business schools worldwide.
Responsible business: the way forward takes place at 6pm on Wednesday 15 February at the West Downs Campus, University of Winchester, Romsey Road, Winchester, Hampshire SO22 5HT.
In March, Jonathan Porritt, CBE, the renowned environmentalist and green campaigner, delivers the next lecture in the Centre for Responsible Management series and will talk about the impact of human activity on the planet.
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