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INSEAD Business School

Integrating Performance and Progress

Apr 16—18, 2020
3 days
San Francisco, California, United States
USD 12000
USD 4000 per day

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Description

Business as a force for good

Capitalism and business have spread to the far corners of the globe and the results have been impressive. Yet, today, contradiction is in the air. Absolute poverty has declined but relative poverty has risen. The digital dividend seems real but so too does the digital divide. Energy is more abundant, yet year after year climate related costs and concerns rise. The labour force grows but labour share in total income declines. Health care budgets rise but health itself seems to decline. Economics still favors openness but politics is more ambivalent and more national.

It is against that broad political-economic context that to succeed in the 21st century, enterprises will have to better and more systematically integrate economic performance and societal progress.

Integrating Performance and Progress is one of the first programmes for business leaders that explicitly incorporates moral and social philosophy in its core and that aims to help leaders integrate business models with business morals. The programme addresses the growing reality that many of today’s emerging business dilemmas are socio-philosophical (rather than just techno-economic) in nature.

HOW YOU BENEFIT

  • Review what drives performance and when and why it can run counter to progress
  • Learn about the essence of societal progress. Understand how enterprise strategy, operations, and governance are the touch points through which business leaders can integrate performance and progress
  • Understand the principles of progress and comprehend the relevance of the philosophical notion of propriety in your evolution as a reflective business leader
  • Develop an actionable approach to better integrate performance and progress within your organisation by partnering with a professional philosopher
  • Anticipate and learn how to address the implementation challenges within your organisation and industry
  • Move beyond traditional CSR (corporate social responsibility) and construct a proactive, credible, and trust-deepening way forward.

Propriety is a standard of conduct that can withstand relevant moral scrutiny.

CONTENT OVERVIEW

Participants will become acquainted with the underlying principle of propriety and a method of integrative reasoning. They will learn, discuss, and apply a set of core substantive principles of progress. Each principle will be illustrated with concrete examples and explored in contemporary situations.

Beyond presenting substantive principles (the ‘what’ of integrating performance and progress), Integrating Performance and Progress will also propose a set of procedural (‘how’) principles to address implementation obstacles and challenges.

Propriety is a standard of conduct that can withstand relevant moral scrutiny.

PERFORMANCE

  • How do we define performance?
  • What explains high performance?
  • Why is performance necessary yet not sufficient in sustaining trust?

PROGRESS

  • How do we define societal progress and what is the role of business in contributing to it?
  • Why is the action of government insufficient?
  • In which enterprise choices and actions does progress lie?
  • How to manage trade-offs between performance and progress?
  • How much performance/ progress is enough?

DILEMMAS

All organisations (regardless of size, sector,or geography) make decisions and choices on 3 core dimensions: strategy, operations, and governance. These after all are the key dimensions on which enterprises build and sustain their performance.

It stands to reason therefore that it is along these same dimensions that business leaders must enact the principles of progress so as to integrate performance and progress.

The programme will culminate in small group meetings facilitated by professional philosophers. This working session is the opportunity for each participant to share and make headway on a specific performance and progress dilemma in their own organisation.

Who should attend

This programme is designed for senior leaders who want to comprehend and clarify how they may better integrate enterprise performance and societal progress in their organisation.

  • Typical participants include heads of businesses, heads of functions, board members, family business owners, and entrepreneurs
  • Applicants will ideally have authority and autonomy over a business or function, and, where relevant, be nominated by the head of their organisation.

Experts

Subi Rangan received an MBA from the MIT Sloan School of Management and a Ph.D. in political economy from Harvard University. His current work explores the future of capitalism and in particular how enterprises may better integrate performance and progress. In 2013 he initiated the Society for P...

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Next dates

Apr 16—18, 2020
3 days
San Francisco, California, United States
USD 12000
USD 4000 per day

How it works

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