Corporate Redesign

http://www.corporation2020.org/pdfs/SummitPaperSeries.pdf
Source: 2007 Summit of the Future of the Corporation
Year: 2007

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Abstract:

Corporation 20/20 (www.Corporation2020.org), launched in 2004, is a forum, visionary and advocate for transformation of corporations in ways that harness the innovation and resources of private interests to serve the public interest in the 21st century. This pioneering initiative views this challenge through the lens of redesign. In contrast to piecemeal approaches to corporate reform, redesign focuses on the root cause of corporate behavior, namely, the design of the corporation itself. To achieve such transformation requires: rethinking the purpose of the corporation; examining conventional wisdom pertaining to its ownership, governance, capitalization, and other key attributes; and fostering internal mechanisms and external policy frameworks that enable and encourage systemic change.

Toward this end, Corporation 20/20 has prepared a paper series to synthesize and disseminate the thinking that has emerged during three years of research, dialogue and workshops involving 150 participants from business, civil society, finance, governance, journalism, labor and law.



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