Whether organisations are at the point of finding a new role at the senior level, namely the Chief Sustainability Officer, depends on how CSR and sustainability are being interpreted. In other words, ‘sustainability of what?’ Unfortunately, for too many Anglo-American corporations, CSR and sustainability is a marketing ploy. So in the Anglo-American model, I do not see any movement that will make real space for the CSO officer. However, not all societies approach CSR and sustainability from this same philanthropic platform, and I expect the role of this officer to be stronger in other countries that hold a different view of CSR.
The office of a CSO is unlikely to have the same meaning for an Anglo-American corporation against a major Danish firm, to a German firm, like BMW. The sustainability concern of Anglo-Americans is to identify the charities that basically add to commercial advantage or at [...]
Posts Tagged ‘sustainability’
Chief Sustainability Officer Remains on the Outskirts
Transforming Executive Pay
Executive pay is clearly out of touch with executive performance.
In the past 30 years or so, while real growth has been difficult to come by in mature markets, executive performance has become short-term transactional (i.e. through the buying and selling of businesses at inflated prices). These transactions have been executed in order to bolster a company’s share price in the short term. For a long time these transactional results seemed positive, and executive pay correspondingly grew. [...]
Fair CEO Compensation
Recently I came across this article on CEO compensation in Slate by Ray Fisman. It’s a very interesting article, and the position Fisman takes, that CEOs and compensation committees usually do not enter into undue intrigue and backhand politics, is probably accurate.
Most compensation and nomination committees do take their jobs very seriously, and try to emerge with compensation packages that make sense. But the challenge they have faced and the challenge society continues to face is that of peer comparison. [...]

