Doing Well And Doing Good

With this timely reissue, Image celebrates the twentieth anniversary of an important, classic work on faith and economics from one of the leading Catholic intellectuals of the past century. As pertinent today as it was when it was first published in 1992, Doing Well and Doing Good argues that for too long Christianity has had nothing to say to Wall Street or to Main Street. Some churches have blasted the greed of the former or the bourgeois grasping of the latter. Others have insisted on a socialist alternative. But the time has come, Neuhaus says, to stop such silliness. Drawing on the writings of Pope John Paul II, Richard Neuhaus has written a classic, groundbreaking work that unashamedly seeks to bestow a blessing on business. The common good depends on it.

Doing Good Well is a thinking man’s guide to the nonprofit world. It is replete with nonprofit paradigms. It provides a different twist to what one might regard as straightforward notions such as mission, staff compensation, governance and corporate social responsibility. And it surprises and challenges even as it seeks to explain charity-specific issues such as charitableness, bridging the rich/poor divide, informed giving and social entrepreneurship.

This anthology explores the enterprise of philanthropy—assumptions, aspirations, and achievements. It brings together key texts that can provide guidance to current and prospective donors, trustees and professional staff of foundations, and leaders of nonprofit organizations. Organized thematically, these texts seek to illuminate fundamental questions about the idea and practice of philanthropy, to promote more thoughtful discussion about practical issues facing the philanthropic sector, and to point a way toward a philanthropic practice that is more responsible, more effective, and more civic-spirited. Amy A. Kass has selected readings from sources that range from the classics to the contemporary, from foundational statements on philanthropy to reflections on key issues of novelists and poets. Each illuminates some aspect of philanthropy. The book is arranged according to themes: goals and intentions; gifts, donors, and recipients; grants, grantors, grantees; bequests and legacies; effectiveness; accountability; and leadership.

Ethical business creates social value. That’s the theme of this bold new volume, heralding and defending this rapidly-growing new conception of capitalism making its way into the mainstream. It provides clear and succinct guidelines for how to evaluate what counts as an ethical business as well as how and why ethical businesses tend to succeed better over the long term. The book is jargon-free and targeted primarily at thought leaders and academics in business and philosophy who will want to use it in their business ethics classes. Each chapter has been selected for its ability to engage a wide audience without oversimplifying the content. All twelve chapters are original and authored by leading business ethicists including William Shaw, Tony Simons, Duane Windsor, and Mark Schwartz. Each piece makes use of recent empirical evidence or ethical theory (or both) in order to present a detailed yet overarching picture of what ethical business looks like--and how to achieve it--in today’s global environment. It is thus divided into three subsections: 1. The Role of Corporate Culture 2. A New For-Profit Paradigm 3. Making the Change Happen: Voluntary and Regulatory Examples Perhaps the book’s greatest strength is its blending of cutting-edge philosophy, psychology, and management theory into a cohesive, provocative, and accessible format. Hence, it promises to launch a wide discussion of what exactly we should expect the moral duty of business to be.

Environmental abuse. Illiteracy. AIDS. Low quality education systems. Wildlife and habitat destruction. Poverty-stricken minority communities. Homelessness. Elderly neglect. Children in crisis. These are just some of the societal problems we face on a worldwide level, with effective solutions not always easy to come by. But if one looks to corporate America, one finds a new business ethic emerging that seeks solutions to these pervasive problems by following a socially conscious way of conducting business. L. Lawrence Embley, president of USA Communications, the leading cause-related marketing group in the U.S., explains how organizations must either measure up to the rising expectations of the socially sensitive consumer or perish in the shadows of their astute competitors. An informative and motivational source, Doing Well While Doing Good brings national attention to the new dynamics of social responsibility by exploring cause-related marketing and philanthropic economics, two ideas that have been implemented with huge success toward the restructuring of American and global society. This book shows how the practice of sponsoring a public, worthy cause, while simultaneously marketing one's own product, is fast becoming fashionable among the increasingly savvy marketers who recognize the changing attitude and trends of the American consumer. Proving that there is life beyond profit for the enlightened capitalist, this inspirational book highlights the new intelligence and ideology of the consumers, showing how and why they have risen to the state of global awareness, and how American business must market to them in order to turn a profit; addresses all segments of American business, illustrating how cause-related marketing is impacting the smallest to the largest companies; reveals the company-based and company-driven initiatives for social responsibility of several organizations, including Johnson & Johnson, 3M, Levi Strauss, Rubbermaid, Pepsico, General Foods, McDonald's, Coca Cola, and many others; deals with social venturing as a new phenomenon, focusing on the hundreds of millions of dollars now being created in the venture capital community to find and finance start up companies with a socially relevant context to their business plan; uncovers how America is motivated by the media and celebrity spokespersons who are passionate about their causes, examining the philanthropic economics of stars like Paul Newman and Elizabeth Taylor; uses IBM's corporate positioning as a solid example of today's American business philosophy, examining how and why it was chosen; spotlights the founders of companies that built huge successes by placing their principles ahead of their profits, such as The Body Shop, Ben & Jerry's Ice Cream, and others; and points to the importance of including courses on corporate social policy and business ethics in the core curricula of our country's business schools.

A radical reassessment of how we can most effectively help others by a rising star of philosophy and leading social entrepreneur. 'A surprising and often counterintuitive look at the best ways to make a difference . . . MacAskill is that rarest of beasts: a do-gooder who uses his head more than his heart.' SUNDAY TIMES Most of us want to make a difference. We donate to charity, buy Fairtrade coffee, or try to cut down on our carbon emissions. Rarely do we know if we're really helping, and despite our best intentions, our actions can have ineffective - and sometimes downright harmful - outcomes. Confronting this problem, William MacAskill developed the concept of effective altruism, a practical, data-driven approach which shows that each of us has the power to do an astonishing amount of good, given the right information. His conclusions are often surprising; by examining the charities we give to, the goods we buy and the careers we pursue, Doing Good Better is a fascinating and original guide which shows how, through simple actions, you can improve thousands of lives - including your own. 'A data nerd after my own heart.' BILL GATES 'Required reading for anyone interested in making the world better.' STEVEN LEVITT, co-author of Freakonomics 'Effective altruism - efforts that actually help people rather than making you feel good or helping you show off - is one of the great new ideas of the 21st century. Doing Good Better is the definitive guide to this exciting new movement.' STEVEN PINKER, author of The Better Angels of Our Nature

Companies can no longer expect to engage in dubious or unethical corporate behaviour without risking their reputation and damaging, perhaps irrevocably, their market position. Irresponsible corporate behavior not only deprives shareholders of long-term returns but also ultimately imposes a cost on society as a whole. Sustainable business is about ensuring that entities contribute toward positive social, environmental, and economic outcomes. Bad business behaviour is costly for stakeholders, for markets, for society, and the economy alike. To ensure that a company behaves well, the buy-in of the leadership team is crucial. The full commitment of the board of directors, in conjunction with the senior managers of the organization, is required if an organization is to be socially responsible. In this sense, leadership does not reside with an individual (the CEO) within the organization but with all of those at the apex of corporate power and control. Effective change management requires enlightened and capable leadership to instigate and drive the process of embedding a sustainable and socially responsible corporate philosophy and culture that supports good business decision-making. A profound understanding of the requirements of such a leadership process will help corporate managers become highly effective change agents. Governance will be the main driver of this change. For the economy and financial markets to become sustainable and resilient, radical changes in corporate leadership need to take place. Integrated reporting, government regulation, and international standards will all be important factors in bringing about this change. As well as understanding the effects of corporate behavior on financial markets, such an understanding is also now imperative in relation to the social and environmental contexts.

The Secret to Happiness and Success "Greed is good," said Gordon Gekko, played by Michael Douglas in the iconic movie Wall Street. Turns out, greed is not good. Beating the system and amassing material wealth may make an epic movie plot, but in real life, greed is the recipe for painful economic failure for business and society-and working men and women. All too often we are presented stories about extremely wealthy people who are held up as role models for a successful life. The truth is that wealth rarely guarantees happiness. This book looks to successful small and medium-sized companies contributing to communities, and the far-sighted corporate executives we never hear about who, while successful, are also happy. These are the true-life examples of corporate social responsibility that this book relies on to make its point. Peter Milewski tells you why and how you, personally, can feel good and do well by doing good too. He passionately believes that these are the secrets to personal and professional happiness and success. Learn about successful companies "doing good," such as TOMS Shoes, Newman's Own, Red Barn, and Ben & Jerry's and those that didn't (Countrywide Mortgage and Wells Fargo, among others). Exclusive interviews about corporate social responsibility with the CEOs of Eastern Bank (Bob Rivers), Envision Bank (Jim McDonough), Leader Bank (Sushil Tuli), and Cape Cod Five Cents Savings Bank (David Brennan and Dorothy Savarese).