Report to Members & Friends

February 2000

Presidential Search Begins MCCR has begun a national search for its new President and CEO. According to Board Chair Jim Renier, "the Center seeks a president who shares its passion for ethics and corporate citizenship." The next president will bring substantial, senior-level business experience, familiarity with both global challenges and community business involvement, the ability to build bridges between business, researchers and educators, and a commitment to providing practical services to the Center’s business membership. "We’re looking for someone who can tap into the tremendous capacity of business to focus on the core issues and get things done," said Renier.

Positioning business and the next generation of business leaders to cope with global ethical and cultural issues is a top priority. At the same time, the Center will continue to work at the local level encouraging Minnesota firms to play active roles in their communities.

Strategic Initiative Brings Multiple Changes to Center MCCR is undergoing significant changes as it executes it Strategic Initiative. Chief among these changes are:

• A new strategic vision – to be a leading edge resource shaping solutions in ethics and corporate citizenship that add value to business;

• A new mission – To assist business leaders in building ethical and profitable business cultures at the enterprise, community and global levels;

• A new name – MCCR will become the Center for Ethical Business Cultures (CEBC);

• New academic partnerships – The University of Minnesota Carlson School of Management and the University of St. Thomas Graduate School of Business; and

• New strategic alliances – Already negotiated is one with the Swiss-based Caux Round Table. In process are conversations with Business for Social Responsibility (BSR), the Minnesota Keystone Program^SM and others.

Call for Nominations – Business Ethics Award Nominations are being solicited for the 2000 Minnesota American Business Ethics Awards, sponsored by MCCR, the Minnesota Chapters of the Society of Financial Service Professionals, UPN 9 and the Carlson School of Management. The deadline for nominations is February 15, 2000. Details may be found on the MCCR website: www.stthomas.edu/mccr

Generations at Work Over 80 people participated in The Work«Life Network^SM seminar Generations at Work. Ron Zemke, President of Performance Research Associates, Inc., presented research on the four generations now part of the U. S. work force and issues in recruiting, motivating and training employees from those different generations. Ron was assisted by panelists Robb Whitleff, Vice President of Midwest of Cannon Falls, Mike Norman, President and CEO of orgplanning.com and adjunct professor at University of St. Thomas’s Graduate School of Business and Maggie Debner, Director of Corporate Staff and Programs at West Group.

S & P 500 Ethical Benchmarking Project Launched MCCR has begun its first major research project. The Center, in collaboration with its two partner institutions, the University of Minnesota Carlson School of Management and the University of St. Thomas Graduate School of Business and with colleagues from the Wharton School of the University of Pennsylvania and Miami University of Ohio, is working to develop a set of ethical benchmarking criteria based on the CRT Principles for Business. These benchmarks will be used to evaluate the companies on the Standard and Poor’s 500. Benchmark results will be used to guide investments in a new social investment fund – the Total Social Impact Fund.

Give Blood – Regularly! Scott Anderson, President and CEO of North Memorial Health Care, has reminded us that a company blood drive is a very significant way to help save lives in your community. As Baby Boomers age, the demand for blood will increase. The pool of regular donors needs to increase as well. For information, call Scott Caswell at the Memorial Blood Center (612-871-3300, ext. 2304) or Clare Paradise at the Saint Paul Red Cross (651-291-4662).

Dercks First Executive Business Fellow Lisa Dercks, former Vice President, Associate General Counsel and Ethics Officer for Honeywell, has been appointed the Center’s first Executive Business Fellow. Lisa brings her substantial global experience to assist the Center in developing a comprehensive array of business services in ethics and compliance.

Multicultural Forum Coming February 23^rd MCCR is a co-sponsor of the 12^th Annual Multicultural Forum, Working Together – Building Strength Through Differences, to be held February 23, 2000 at the Minneapolis Hilton from 8:00 am – 5:00 pm. Mark your calendars for this event which offers many wonderful opportunities to learn about diversity and creating a productive multicultural environment in business. For more information, contact Christine Janson at 651-962-4018.

Stakeholder Dialogue on May 16^th Thomas Friedman of The New York Times will keynote the 10^th Annual Stakeholder Dialogue with a speech entitled Globalization and the Moral Dimensions of Capitalism in the 21^st Century. The Dialogue, sponsored by UST's Koch Endowed Chair in Business Ethics in cooperation with MCCR, will be held May 16^th from 7:00 – 9:30 pm in the Thornton Auditorium, UST, 1000 LaSalle Avenue, Minneapolis. For more information, call 651-962-4211.

Spirit in Work Conference to be held on May 25^th The 2^nd Spirit in Work Conference, co-sponsored by MCCR, is scheduled for May 25, 2000. This conference explores the relationship between spirituality, interpreted broadly, and business. For more information, call 651-962-4600.

MCCR in the News MCCR has been featured in both Twin Cities newspapers recently. In a column entitled "Corporate Responsibility Has Big Payoff," the Center’s work was noted in the Saint Paul Pioneer Press by Business Beat Columnist Dave Beal. Star Tribune Columnist and Editorial Writer Leonard Inskip wrote a commentary focused on the Center’s new name and re-focused mission. The StarTribune also carried a Business Forum Commentary, "Ethical Carrots and Ethical Sticks" written by David Rodbourne, Lisa Dercks, the Center’s Executive Business Fellow in Ethics and Ken Ross, a Partner at Bowman and Brooke, LLP, and co-chair of the Business Ethics Network^SM.

Academic Directors Chosen Kenneth Goodpaster, who holds the Koch Endowed Chair in Business Ethics at the University of St. Thomas Graduate School of Business , and Norman Bowie, who holds the Andersen Chair in Corporate Responsibility at the University of Minnesota Carlson School of Management, have been named as the Academic Directors for their respective institutions. These positions will be key linkages between the universities and the Center as we implement our partnership.

Rothausen Named to Work/Life Position Teresa Rothausen, Ph.D., an Assistant Professor in the University of St. Thomas Graduate School of Business, has been named a Work/Life Research Fellow at MCCR.. Teresa’s research position exemplifies the developing partnership which is developing between MCCR and its university partners. Her research project is being developed in collaboration with The Work«Life Network^SM which is facilitated by MCCR, so that it will be as useful as possible for our business member customers.

Bros to Co-Chair Business Ethics Network^SM Carol Bros, Senior Counsel in 3M’s Office of the General Counsel, will be the new co-chair of MCCR’s Business Ethics Network^SM . Ken Ross will continue as the other network co-chair.

Center Staff Reorganized As a part of its Strategic Initiative, the Center has reorganized its staff. Mike Evers, Dean emeritus of UST‘s Graduate School of Business, continues to serve as Acting President. David Rodbourne has been promoted to Vice President. Terri Hastings has been promoted to Director of Programs and Operations. Bob Shoemake has been hired as Director of Programs and Membership and Judi Olson has been hired as the Center’s Administrative Secretary.

MacGregor in Minnesota Bob MacGregor, MCCR’s peripatetic President Emeritus, was in town for a visit in late December and early January. Bob reported on his developing work in Lebanon at a breakfast meeting attended by about 30 people. Reporting on that presentation in his biweekly newsletter, Chuck Neerland of Neerland and Oyaas said, "while acknowledging the complexities of Middle East politics and culture, MacGregor just moves ahead in his big-hearted and optimistic way, cobbling together private and public money for economic development and social service efforts in that region." In Lebanon, Bob is serving as President of the Indevco Foundation and Country Director for the International Executive Service Corps.

Center for Ethical Business Cultures

1000 LaSalle Avenue, TMH 331 ▪ Minneapolis, MN 55403-2005 ▪ USA

Phone: 651 962 4120 or 800 328 6819 Ext. 2-4120 ▪ Facsimile: 651 962 4042

Email: mail@cebcglobal.org

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Business Partnering with the University of St. Thomas - Minnesota