Wendy Woods: The business benefits of doing good
वेंडी वुड्स: अच्छा काम करने के व्यापारिक फायदे
Wendy Woods is a Senior Partner and Managing Director of The Boston Consulting Group (BCG) and Global Leader of BCG's Social Impact practice, which she helped create. Full bio
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countries in the world --
of the world's biggest problems:
climate change and inequality.
countries 3.7 trillion dollars.
to see the amazing things
चीज़ें देखने को
have access to clean water,
जल की व्यवस्था करना.
be educated otherwise.
in our world need trillions
lasting and significant progress
what business should do.
to talk about corporate philanthropy
for corporate generosity
to many corporations' employees
problems in our world today
समाधानों को संचालित कर पाए,
and manufacturing processes
उत्पादन प्रक्रिया पर ध्यान देना
core business benefits for the company
problems in our world today.
social and environmental considerations.
को व्यापार में सम्मिलित करना.
almost exclusively still think
of corporate strategy
निर्णय प्रक्रिया
to show you why and how.
क्यूँ और कैसे.
are already making this happen.
काम कर रही हैं.
in the United States.
उत्पाद बनाते हैं
ingredients is cocoa.
are actually really worried
and the availability of cocoa supplies.
of that crop for the long term.
के लिए विश्वस्त हैं.
with NGOs around the world
with small shareholder farmers.
improve crop yields,
a fair, premium, livable wage
सही मूल्य, नफा और मजदूरी मिले,
any human rights potential issues
the effects on the environment,
to 100 percent certified cocoa,
तरफ बढ़ रहा है.
for farming communities,
in their supply chain.
को सुलझा लिया है.
points I'm going to talk about are.
बात कर रही हूँ.
look at companies,
a lot of different statistics.
two of the most important ones.
the overall value of a company --
between all of its earnings
most strongly on TSI --
on their valuation.
the impact of their company
occupational health and safety programs.
एवं सुरक्षा पर ध्यान देते हैं,
strong employee training programs,
प्रशिक्षण को महत्व देते हैं,
premium on their margins.
that are the strongest performers on TSI
अच्छा प्रदर्शन कर रही हैं,
on their valuation.
at expanded access to medicines --
for the people who need them --
on their growth margins.
that are strongest on TSI,
premium on their valuation,
provide financial inclusion --
for people who need it --
in their net income margin.
may not seem very big,
उद्योगों में
in margin matter a lot.
मायने रखता है.
consumer goods companies --
like coffee and chocolate?
that perform best on total societal impact
मानकों पर अच्छा प्रदर्शन कर रही हैं
things with their supply chain --
sourcing their product --
on their growth margins.
like fundamental financials,
मूलभूत वित्तीय मानक,
are key drivers of valuation,
मूल्यांकन के मूल आधार हैं,
that social and environmental factors --
और पर्यावरण सम्बन्धी कारण -
the analysis with anything.
on social and environmental areas
सम्बन्धी विषयों पर अच्छा प्रदर्शन करती हैं
a lot of short-term earnings pressures.
some of this pressure
starting to think longer-term
and surveys with investors,
they expect to see improved revenues
उन कंपनियों से
with a TSI lens.
to incorporate this
of socially responsible investing.
विचार किया गया.
over just the last two years.
की वृद्धि हुई.
global assets managed in the world.
25% हिस्सा है.
may be cringing a little bit right now.
अभी दुबक जाना चाहते होंगे.
of strategy consulting
and governments around the world,
व्यापारिक फायदे
or even sometimes think about
it's going to negate the value
they're creating for society.
as heartless or even mercenary.
to think differently.
we're going to make substantial progress
is to meet customer needs
to help ensure their own growth,
challenges in our society
responsibly, incredibly,
of total societal impact activities.
to those in disaster:
and working with NGOs
housing for free for refugees.
most people would've figured out
for those in such dire need --
or so easily or efficiently --
the number of hosts and guests
बढती संख्या से पनपते हैं, जो
been thinking exclusively
figured out this route to growth,
charging transaction fees.
about how to bring their capabilities
क्षमता का इस्तेमाल
drive their own growth.
new customer segments?
की खोज में हैं?
to donate 0.2 percent of their profits
black-owned enterprises.
this to the entrepreneurs,
दान कर देते हैं,
in an independent trust,
to these black entrepreneurs.
entrepreneurs with capital,
is completely intertwined
to provide technical assistance.
भी प्रदान करते हैं.
being lifted out of poverty.
working on expanding this program
to solve the problems in our world
समस्याओं को सुलझाने
corporate strategy and capital
कॉर्पोरेट रणनीति और पूँजी के साथ
problems in our world.
and all of their strategy
both total shareholder returns
ABOUT THE SPEAKER
Wendy Woods - Social impact strategistWendy Woods is a Senior Partner and Managing Director of The Boston Consulting Group (BCG) and Global Leader of BCG's Social Impact practice, which she helped create.
Why you should listen
Wendy Woods is responsible for BCG's work addressing global health, development, education, environment and climate, humanitarian response and total societal impact. She works with businesses, governments and social sector organizations, helping clients rethink business's role in society, create inclusive strategies, improve effectiveness, develop public-private partnerships and drive change. She is passionate about improving cooperation across the private, public, and social sectors to help solve the world's most intractable problems, as highlighted in her previous TED Talk, "Collective cooperation in the social sector."
Woods is also a frequent contributor to BCG's thought leadership across a wide range of topics, most recently co-authoring "Preparing for a Warmer World," "Total Societal Impact: A New Lens for Strategy," and "Why Paid Family Leave is Good Business."
Woods is a member of the Board of Trustees for the Centre for Public Impact, a BCG foundation dedicated to improving the positive impact of governments. She earned a BA in economics from the University of Michigan and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University.
Wendy Woods | Speaker | TED.com