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Friday, April 27, 2012

Beyond Compliance: Creating a Long-term Perspective

Register for this event:

The Center for Ethical Business Cultures invites you to the sixth in a series of seven discussions on organizational culture, particularly the challenges of sustaining a commitment to ethical conduct.

Beyond Compliance: Creating a Long-term Perspective
April 27, 2012
8-9:30 AM

Constant pressure to meet short-term production, sales, reorganizational or financial targets can cause tension with adherence to ethical guideposts that stress enduring values. How do we create and sustain a culture that nurtures critical relationships over the long-term while meeting immediate requirements? Can companies bring to life practices that achieve both? What role do boards and leaders play in making a longer-term perspective a reality for all stakeholders? The importance of reaching for a longer-term perspective to avoid the risk that short-term demands will undercut values is an important dimension in our exploration of the CEBC model and your experiences. Share your approach and participate in identifying useful ways that leaders and managers can achieve this balance. Please join us for the conversation.

About Our Conversation Starter

Our conversation starter on April 27 will be Mike Balay – Vice President, Strategy and Business Development at Cargill. In this capacity, Balay serves as the Department Head for North America; is responsible for MBA recruiting, training, and talent development; and, is head of strategy practice, with responsibility for strategy doctrine and process development. Balay has also served as the Assistant Vice President at Cargill International S.A. and as a Manager/Director for Cargill. Prior to joining Cargill he was a Senior Consultant at Northeast Consulting Resources; Manager at L.E.K. Consulting; Engagement Manager at McKinsey & Company; and, a Systems Engineer at Systematics, Inc. (now Fidelity National Information Services).

About the Beyond Compliance: Conversations About Strategies and Practices for Sustaining Ethical Cultures Series

Beyond compliance programs, we all strive to sustain a culture that motivates our organizations and our employees to high standards of ethics and responsibility. The best organizations lead not by a “thou shalt not” list, but through an affirmative vision, stories and deeds that bring to life what we stand for, how we conduct ourselves and what we seek to accomplish.

The question: How to do it, and do it well?

The series brings together a small group of your counterparts from other CEBC member companies and selected guests for a year-long discussion of insights and experiences focused on culture. Working together we expect to shed light on strategies, tactics and potential best practices for keeping ethical values alive and vibrant in your organizations. As a starting point, we offer CEBC’s research-based model of ethical culture as a framework for our discussions. The model encompasses six elements:

  • Values: articulating and renewing core values.
  • Leadership: the role leaders play in affirming the values.
  • Process Alignment: ensuring alignment between values and routine business processes and practices.
  • Stakeholder Balance: balancing conflicting (and shared) stakeholder values and interests.
  • Long-term Perspective: dealing with short-term pressures while striving for long-term perspectives.
  • Measurement: measuring the tenor and vitality of the organizational culture.

However, the real substance of our discussions will focus on how you, and organizations you know well, have tackled these elements. In the end, we expect these conversations to uncover concrete ideas that you can adapt as you build and refresh your own approach.

The goal: Build practical applications that help bring the framework to life in ways that you can take back into your organization; and help all of us shape cohesive, purposeful strategies ensuring that ethical values inspire our organizations.

Please note that these seminars are invitation-only for representatives of CEBC member companies. To see if your company is a member of the Center, please visit the CEBC Membership page. The number of participants will be limited to promote a lively exchange.

Format: Meetings will convene at the St. Thomas Minneapolis Campus. Each discussion will begin promptly with breakfast and discussion at 8 AM. We will adjourn at 9:30 AM. and we will invite a member of the group to serve as conversation starter for a particular topic.

Confidentiality: As the Brits say – Chatham House Rules will apply! What is said in the room stays in the room! We want to create a safe, confidential environment for sharing ideas and learning together. Working with you, the Center plans to flesh out the model of ethical culture and develop a final report without attribution to any individual or company, except by prior permission.

Offsetting Costs: We ask that each conversation participant help offset a small portion of the costs of this program. The fee for the April discussion is $40.

Discussion Calendar

Date, Time, and Location

Friday, April 27, 2012, 8:00 am

University of St. Thomas
Opus College of Business
1000 LaSalle Avenue
Terrence Murphy Hall
Room 204
Minneapolis, MN 55403-2005

Map: http://www.stthomas.edu/campusmaps/mpls/default.html

Additional Details