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This week: Andy Hoffman, professor at the Ross School of Business at the University of Michigan, on why business has to evolve to embrace sustainability across functions and accept that profit is only one measure of success. Business may be the problem, he argues, but...
The disconnect between many companies’ public sustainability ambitions and their non-public lobbying efforts can no longer be excused. The Erb Institute’s Corporate Political Responsibility Taskforce is helping companies connect the dots. The January 6 US Capitol...
Andy Hoffman teaches business and sustainability courses at the University of Michigan and studies cultural issues and the knowledge that impacts decisions. He visited Costa Rica and spoke with Irene Rodríguez S. at ‘La Nación’. Translated to English from the...
Reposted from the U.S. Chamber of Commerce Foundation website Until recently, we have lived in a linear economic system that operates under a “take, make, and dispose” philosophy, which ends in waste. In contrast, circular economies develop services and products that...
What kind of leader can move companies toward better social and environmental performance? Research has shown that evaluating certain individual traits can help identify the leaders of tomorrow who will have the tools to address the serious sustainability challenges...
And should we stop? Think of all the terms that have cropped up over the past several decades or so to describe the environmental movement. Reduce, reuse, recycle. Low footprint. Zero footprint. Zero waste. Going green. (NB: not the same as “going clear.”)...
One of the great challenges of tackling climate change is making it real for people without a scientific background. That’s because the threat it poses can be so hard to see or feel. In the wake of Hurricanes Florence and Michael, for example, one may be compelled to...
We may be losing the war against climate change, as we fail to approach sustainability-related issues in the right manner. Read the article in Business Today In a recent article 'The Invisible Hand Won't Solve the Climate Crisis. Capitalism Must Evolve', US professor...
Co-authored by Andy Hoffman and Ellen Hughes-Cromwick Yale economist William Nordhaus has devoted his life’s work to understanding the costs of climate change and advocating the use of a carbon tax to curb global warming. It’s no small irony, then, that on the same...
Each year, the Academy of Management recognizes four outstanding individuals, who have made significant contributions to the field of management through their service, research, innovative teaching methods, breakthrough developments, and more over the course of their...