why shouldn't business profit by doing good?

38
CANADIAN BUSINESS LEADERSHIP FORUM INNOVATION CANADA: 20 IDEAS THAT MATTER

Upload: phillip-haid

Post on 06-May-2015

1.278 views

Category:

Marketing


1 download

DESCRIPTION

In this presentation at the Canadian Business Leadership Forum I make the case for businesses to profit by doing good. To evolve from charity/philanthropy to social impact by driving bottom line results.

TRANSCRIPT

Page 1: Why Shouldn't Business Profit by Doing Good?

CANADIAN BUSINESS LEADERSHIP FORUM

INNOVATION CANADA:20 IDEAS THAT MATTER

Page 2: Why Shouldn't Business Profit by Doing Good?
Page 3: Why Shouldn't Business Profit by Doing Good?

WHAT’S GOING TO HELP YOUR BUSINESS

INNOVATE, WIN OVER NEW CUSTOMERS AND ATTRACT TOP TALENT?

Page 4: Why Shouldn't Business Profit by Doing Good?

PROFIT + PURPOSE

Page 5: Why Shouldn't Business Profit by Doing Good?

CAUSE IS A DIFFERENTIATOR

FOR YOUR BUSINESS

Page 6: Why Shouldn't Business Profit by Doing Good?

ESPECIALLY TRUE AMONG MILLENIALS WHO EXPECT IT

AND WILL RULE THE WORKFORCE (40% BY 2020)

Page 7: Why Shouldn't Business Profit by Doing Good?

I AM NOT TALKING ABOUT CHARITY

Page 8: Why Shouldn't Business Profit by Doing Good?

IT DOESN’T SCALE

CHARITY MAKES US FEEL GOOD BUT

Page 9: Why Shouldn't Business Profit by Doing Good?

ANNUAL CHARITABLE GIVING IN THE US IS ROUGHLY

$400 BILLION

COST TO EDUCATE K-12 ACROSS THE US FOR ONE YEAR

$500 BILLION

Page 10: Why Shouldn't Business Profit by Doing Good?

WHAT I’M TALKING ABOUT IS

SOCIAL IMPACT

Page 11: Why Shouldn't Business Profit by Doing Good?

THE SOLUTIONS TO THE WORLD’S PROBLEMS

MUST COME FROM BUSINESS

Page 12: Why Shouldn't Business Profit by Doing Good?

IN U.S. TOTAL REVENUE GENERATED BY SECTOR

CORPORATIONS $20 .1 t r i l l i on

GOVERNMENT $3 .1 t r i l l i on

NON PROFIT $1 .2 t r i l l i on

Page 13: Why Shouldn't Business Profit by Doing Good?

CONVENTION SAYS BUSINESS SHOULD GIVE BACK TO COMMUNITY

Page 14: Why Shouldn't Business Profit by Doing Good?

CONVENTION ALSO SAYS BUSINESS PROFITS

FROM CAUSING SOCIAL PROBLEMS

Page 15: Why Shouldn't Business Profit by Doing Good?

I AM TALKING ABOUT BUSINESS PROFITING FROM SOLVING SOCIAL PROBLEMS

“SHARED VALUE”

Page 16: Why Shouldn't Business Profit by Doing Good?

THIS IS NOT A “NICE TO DO”IT IS A NEED TO DO

MOST PEOPLE WOULDN’T CARE IF 73% OF BRANDS

DISAPPEARED OVERNIGHT- H A V A S 2 0 1 3 M E A N I N G F U L B R A N D S S U R V E Y

Page 17: Why Shouldn't Business Profit by Doing Good?

THERE IS A 5TH “P” IN MARKETING: PURPOSE

Page 18: Why Shouldn't Business Profit by Doing Good?

THE SUSTAINABILITY AGENDA IS ALIVE AND WELL (AND FINANCIALLY VIABLE)

IKEA AND ITS PEOPLE PLANET POSITIVE

WALMART IS THE BIGGEST SELLER OF ORGANICS

Page 19: Why Shouldn't Business Profit by Doing Good?

SO WHY DON’T WE APPLY

SUSTAINABILITY THINKING TO

COMMUNITY GIVING?

Page 20: Why Shouldn't Business Profit by Doing Good?

BECAUSE WE STILL HOLD TIGHT TO BELIEVING THAT CHARITABLE GIVING

MUST BE PURE

Page 21: Why Shouldn't Business Profit by Doing Good?

WE GIVE BACK BECAUSE:

IT ’S THE RIGHT THING TO DO

IT’S THE WAY TO BEHAVE AS A GOOD CORPORATE CIT IZEN

AND MAYBE ( JUST MAYBE) TO OFFSET SOME OF THE BAD THAT WE DO

Page 22: Why Shouldn't Business Profit by Doing Good?

NOW IMAGINE IF WE REDEFINED “GOOD”

FUN

INNOVATIVE

SCALABLE

ORDINARY

Page 23: Why Shouldn't Business Profit by Doing Good?

WOULD ENABLE BUSINESS TO START ASKING HOW SOCIAL IMPACT COULD:

ACT AS A DIFFERENTIATOR

BE AN ACQUISIT ION AND RETENTION TOOL

GENERATE SALES

DRIVE LOYALTY

Page 24: Why Shouldn't Business Profit by Doing Good?

IMAGINE IF BELL MADE MENTAL HEALTH NOT A CHARITABLE PLAY, BUT RATHER A

SHARED VALUE

Page 25: Why Shouldn't Business Profit by Doing Good?

IMAGINE IF WALMART TURNED THEIR “AT CASH” CHARITABLE PROGRAM INTO A

BUSINESS OPPORTUNUTY

Page 26: Why Shouldn't Business Profit by Doing Good?

IMAGINE IF C IBC LEVERAGED “RUN FOR THE CURE” INTO A BUSINESS

OPPORTUNITY TO ATTRACT FEMALE CONSUMERS

Page 27: Why Shouldn't Business Profit by Doing Good?

NOT POSSIBLE?

Page 28: Why Shouldn't Business Profit by Doing Good?

DON’T TAKE MY WORD FOR IT…

Page 29: Why Shouldn't Business Profit by Doing Good?

PATAGONIA’S RESPONSIBLE ECONOMY

Page 30: Why Shouldn't Business Profit by Doing Good?

GE ECOMAGINATION

Page 31: Why Shouldn't Business Profit by Doing Good?

TOMS SHOES

Page 32: Why Shouldn't Business Profit by Doing Good?

WARBY PARKER

Page 33: Why Shouldn't Business Profit by Doing Good?

UNILEVER’S SUSTAINABLE L IVING PLAN

Page 34: Why Shouldn't Business Profit by Doing Good?

DOVE’S REAL BEAUTY

Page 35: Why Shouldn't Business Profit by Doing Good?

LIFEBUOY SOAP

Page 36: Why Shouldn't Business Profit by Doing Good?

BUSINESS LEADERS THAT GET AHEAD OF THIS CURVE

HARNESSING PROFIT AND PURPOSE

GENERATING LARGE SCALE SOCIAL IMPACT

AND BOTTOM LINE BUSINESS RESULTS

WILL WIN…

Page 37: Why Shouldn't Business Profit by Doing Good?

NOW, DOESN’T THAT FEEL GOOD?

Page 38: Why Shouldn't Business Profit by Doing Good?

“BE THE CHANGE YOU WISH TO SELL

IN THE WORLD.”