Trust Digest 80 (January 19, 2015)

Collaboration is vital for sustainability success – and these relationships are on the increase
What is it? Leading by example, the MIT Sloan Management Review collaborates with the Boston Consulting Group in their sixth consecutive year of research together, with 2014 marking the first time the United Nations Global Compact has joined the partnership. This year’s research, Joining Forces: Collaboration and Leadership for Sustainability, identifies collaboration as a necessary route to progress, and an engaged board of directors as a key catalyst.
Key Words: Strategy, Engagement
Trust Issues: Sustainability, Collaboration

Sri Lanka: After the Election Upset – What Next?
Maithripala Sirisena, sworn in as Sri Lanka’s president soon after his stunning upset victory in the January 8 election, will have a very different persona from his predecessor. His top priorities deal with domestic governance, and will be tough to implement. He presides over a coalition which has little in common except distaste for his predecessor. His election presents an opportunity to reset Sri Lanka’s relations with India and the United States. To do this, he and his foreign friends will need tact and creativity, and he will need all his political skills to keep the coalition together. A good place to start would be to suspend action on the annual U.N. Human Rights Commission resolution on Sri Lanka while the new team gets its balance..
Key Words: Governance, Transition
Trust Issues: Capability, Responsibility

Strong corporate culture leads to strong performance
It pays for a company to keep its word. Research suggests that companies with strong corporate culture have higher long-term returns.Professor Luigi Zingales, along with Luigi Guiso of the Einaudi Institute for Economics and Finance and Paola Sapienza of Northwestern University, looks at the twin questions of how corporate culture affects companies and how all kinds of financial decisions at those companies affect the ongoing culture. The researchers use a dataset created by the Great Place to Work (GPTW) Institute, which conducts extensive surveys of employees at more than 1,000 US firms
Key Words: Corporate, Culture
Trust Issues: Culture, Ethics, Integrity

Office Politics Isn’t Something You Can Sit Out
Ask most people about workplace politics and they’ll say they’d prefer to avoid it. Yet, most also know that developing political competence is not a choice; it’s a necessity. The ones who who manage to reach the inner circle are at a great advantage. They get more done, but they are also recognized for their competence and ability to manage interpersonal relationships.
Key Words: Office Politics, Conflict, Competition
Trust Issues: Conflicts, Transparency, Competition

Chinese President Xi Jinping Just Took His War On Corruption To A Whole New Level
Chinese President Xi Jinping has announced that his national anticorruption campaign will now extend beyond people and begin investigating state firms. This directive, says state media organization Xinhua News, is a new priority in 2015. President Xi announced the change through a party communique on Wednesday, after the fifth plenary session of the Communist Party of China's (CPC) Central Commission for Discipline Inspection (CCDI).
Key Words: China, Corruption
Trust Issues: Integrity, Transparency, Capability

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