Business with purpose: Responsible management for a better future.<\/a><\/p>\nHosted by Todd Green, Associate Professor of Marketing at the Goodman School of Business, Carpenter shared the panel with Dave Bouckenhooghe, Professor of Organizational Behaviour and Human Resource Management, Rhonda Klosler (BBA \u201993), Chief Operating Officer at RSM Canada LLP, and Christina Garnett, HubSpot\u2019s Principal Marketing Manager of Offline Community and Advocacy.<\/p>\n
Together, they unpacked how leaders can navigate emerging challenges and drive impact beyond the bottom line, starting with defining what it means to be a responsible manager.<\/p>\n
Bouckenhooghe described responsible management as \u201cnavigating a wide web of interdependencies\u201d including how a leader\u2019s actions impact employees, shareholders, community suppliers, the environment and even future generations.<\/p>\n
\u201cA responsible leader is someone who understands the interconnectedness of systems and their own role within it,\u201d Bouckenhooghe said. \u201cThey\u2019re guided by ethics and values. They build on long-term relationships with a range of stakeholders and they drive positive change towards sustainable development.\u201d<\/p>\n
But what positive change and sustainable development look like is shifting and evolving, particularly in the current geopolitical and economic climate, Garnett said.<\/p>\n
It\u2019s very easy to have integrity in levels of abundance; it\u2019s very hard to have integrity during scarcity, she said. She predicts concerns over recessions and a sense of scarcity could leave leaders more focused on survival than \u201cbeing a good person.\u201d<\/p>\n
\u201cAs we move from an abundance mindset into a scarcity mindset, you\u2019re going to see CEOs taking about how they\u2019re trying to save their business, they\u2019re trying to keep it afloat, they\u2019re trying to keep it going when consumers maybe have lost trust and there\u2019s not as much money in the economy to go around,\u201d she said.<\/p>\n
Enter business schools, like Goodman, and the role they play in training leaders to be responsible in an everchanging landscape.<\/p>\n
More than technical prowess, leaders need emotional intelligence, also known as EQ, Klosler said.<\/p>\n
\u201cWe spend a lot of time developing people\u2019s technical skills. We turn them into what we believe are exceptional consultants and then we put them in leadership roles. But we haven\u2019t got that baseline emotional intelligence,\u201d she said. \u201cThat\u2019s where a university or college could help. It\u2019s a critical skill to be a successful leader today.\u201d<\/p>\n
But EQ is critical no matter what role someone plays in a business, including organizations that focus on profit over activism, Carpenter added.<\/p>\n
\u201cHaving that high EQ and knowing how to be a great human and do your best within that context is really important,\u201d he said. \u201cYou need to know what are your non-negotiables at work and what are the good things you\u2019re willing to put into the world in your personal life to offset some of the things your company is doing or not. There\u2019s not always going to be this wonderful triple bottom line at the company you\u2019re employed at. So be a good a human first and a good employee second.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
When it comes to responsible management, change is one of the only constants. \u00a0<\/p>\n","protected":false},"author":13,"featured_media":100645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[119,39,9794,1],"tags":[5130,11598,2852,594,14415,4608,4337],"_links":{"self":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/100636"}],"collection":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/comments?post=100636"}],"version-history":[{"count":5,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/100636\/revisions"}],"predecessor-version":[{"id":100656,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/100636\/revisions\/100656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/media\/100645"}],"wp:attachment":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/media?parent=100636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/categories?post=100636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/tags?post=100636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}