China’s stimulus: sustaining growth over safety nets

Howard Davies, former Chairman of the Financial Services  Authority, current Director of the London School of Economics spoke at the LSE last night about where China was up to with its financial reform (download slides here). Davies, a member of the advisory boards of the China Banking Regulatory Commission (since 2003) and the China Securities Regulatory Commission, is ideally placed to talk about reform and the impact of the stimulus.

Davies main tenet: The crisis has meant that China will reform its financial system in its own way and at its own speed. Additionally, the crisis has not derailed the party’s development policies so don’t expect much dramatic change in the model for now.

Strategy for Sustainability: CEO Satchi and Satchi s

Former head of the Sierra club now CEO of|Satchi and Satchi S ( thats S for sustainability) talks us through what sustainability means.

Mainly talking about usig companies to solve big challenges -as these challenges pose new mega risks for businesses.

Also talks about BEHAGS… linking longterm innovation and efficiencies to the  big challenges faced!

Also says deflation of the green bubble a very healthy thing- more thinking less maximising of  short term benefits

McKinsey Quarterly: Rebuilding corporate reputations CR 2.0 theft

Full article here

The financial crisis has underscored just how ill-equipped companies can be to deal with two important changes in the reputation environment. First, the influence of indirect stakeholders—such as NGOs, community activists, and online networks—has grown enormously.

Second, the proliferation of media technologies and outlets, along with the emergence of new Web-based platforms, has given individuals and organizations new tools they use to subject companies to greater and faster scrutiny. This communications revolution also means that certain issues (such as poor labor conditions) that might be acceptable in one region can be picked up by “citizen journalists” or bloggers and generate outrage in another.