10th International Business Exchange New York
Europe and US business cooperation and leadership in challenging times
Venue: Peterson Hall, 58 East - 68th Street, New York, NY 10065
CONFERENCE | OCTOBER 10, 2023
Governments struggle to respond to new crises and people’s needs. A polarized media has lost the traditional equidistance. The governments’ inability to intermediate effectively among contrasting and often conflicting interests, has increased the pressures on corporations to engage proactively for the common good and to fill some of the voids left by an ill attended policymaking.
The public impression of competence, and the trust it engenders, has, in fact, tilted in favor of corporations.
Far from suggesting that corporations step into politics, this conference aims to create the platform and a process to inform policymakers and stakeholders at large.
The panels were content-rich, and their rhythm was led by prominent CNBC talents: Michelle Caruso Cabrera and Sara Eisen. With their stewardship, thought-leaders from Europe and the US were challenged to focus on implementable solutions as a possible response to some of the most pressing issues facing Europe and the US.
"Europe and US business cooperation and leadership in challenging times" coalesces prestigious leadership and academic institutions -- The Aspen Institute, Aspen Institute Italia, Aspen Romania, SDA Bocconi School of Management-- with CNBC as the media partner. The goal was to launch a platform to start building a broader audience to enable, over time, responsible and informed choices. There was a follow-up to the conference on the media platforms with the content developed on October 10th.
This gathering will enhance the traditional join, listen and leave approach. A changed societal context requires stakeholders and policymakers to be continuously and deeply informed about complex, technologically intensive, and ethically charged issues.
At CNBC our reporting and executive interviews provide us with a prime view of how corporations are operating in the dynamic and changing global environment. Not too
long ago publicly traded companies focused on their balance sheet, share price, and regulatory policy, but today companies find the need to address many public concerns, as well.
Author Fernando Napolitano ... points out that the polarization of political systems has impacted the ability of governments to effectively address issues important to life in democracies; and how societal polarization is
impacting news media’s ability to deliver the facts when the facts themselves are constantly in question.
The IRG proposes an innovative, data-led methodology that aims to be politically neutral, and fact-based, which can be particularly helpful as the role of the CEO has
been politically charged by all sides. Grounding an assessment of a company’s efforts in data allows for a fairer and more unbiased look of a company’s effectiveness.
KC, Sullivan President CNBC
Previously adopted Corporate Social Responsibility policies and the more recent ESG policies, while of vital importance, are not always capable of fully addressing the ever-new and changing challenges of our time.
Faced with this situation, companies often take the initiative to adapt and directly respond to the real needs of both the market and the population at large.
It is therefore crucial to understand how companies can play a key role in this new social position, going beyond mere financial analysis of business results, creating a
constructive dialogue with political institutions for shared and sustainable growth.
"Influence, Relevance and Growth (IRG) for a Changing World. How to Survive & Thrive beyond ESG World" and the author's proposed solution is timely and pragmatic.
The IRG metric thus allows measuring, through the analysis of 10 parameters, whether and how much a company is ready to confront and manage these new challenges or position itself as an intermediary subject, bridging existing gaps between the needs expressed by
the population and the responses of political decision-makers.