What Can YOU Do? An Update on the Situation in Louisiana
By Stephen Jordan and Gerald McSwiggan
The last few weeks, BCLC has fielded inquiries about what different companies are doing to help the Gulf Coast recover from the most recent crisis. Corporate citizenship managers report that employees want to help the region recover from the oil spill.
However, there has been some reticence on the part of management to get involved, in part because companies don’t want to get in the way of BP’s efforts and also because they are not sure exactly who is doing what, in terms of the different government agencies, non-profit organizations, and other volunteer groups.
On the other hand, local chambers from across the region are concerned about the confluence of large, complicated issues. The St. Tammany West Chamber, Greater New Orleans Inc., and the Houma-Terrebonne Chamber organized a series of meetings to put information out there to help companies better understand the situation. The following is a brief report on what the chambers presented.
The Situation
If there is one take away from the region, it is that the Deepwater Horizon spill itself is not the main issue.
There is a quasi-myth on Wall Street that the first five days of trading set the pattern for the year. If this is the case in the public-private partnership space, then this year is going to build on and develop the themes from last year: the role of business in job creation and urban revitalization, social entrepreneurship, and resilience in the face of a near-crippling economic recession that spanned the globe.
By BJ Parker, a professional writer with more than 10 years’ experience writing business education materials for Thomson and Cengage Publishers. His articles and pedagogy appear in books on management, organizational behavior, business communication, and advertising, including contributions to Archie B. Carroll’s Business and Society series.
and not just in terms of the Dow or S&P.
foundational responsibility are three additional responsibilities: the legal responsibility to obey the law, the ethical responsibility to do what’s right and avoid harm, and the philanthropic responsibility to be a good corporate citizen. The top-tier citizen role is exemplified by firms like Wegmans Food Markets, a company whose food-bank sponsorship and other philanthropic efforts recently earned BCLC’s 2009 Corporate Stewardship Award (pictured: Danny Wegman accepts the 2009 Corporate Stewardship Award).
By Michael Doyle, VP/General Manager, Southeast Division, Manpower
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