Tomorrow's Company

Tomorrow's Company
shaping the future of business success
Location London, United Kingdom
Founded 1996
Founder and CEO Mark Goyder
Focus Corporate Governance, Stewardship, Sustainability, Leadership
Official website http://www.tomorrowscompany.com

Tomorrow’s Company is a not-for-profit think-tank that exists to inspire and enable business to be a force for good. Its goal is to encourage a business approach that creates value for staff, shareholders and society through a focus on purpose, values, relationships and the long-term.[1]

Its approach combines vision with practicality. Tomorrow's Company identifies the changes needed to ownership and governance structures and government policy in order to create conditions in which companies can flourish.[2]

History

The Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) initiated a business-led inquiry in 1993 into 'the role of business in a changing world'.[3]

Following the inquiry, The Centre for Tomorrow’s Company (CTC or ‘Tomorrow’s Company’) was founded in 1996 to carry forward the work that started in the inquiry.[4]

Programme

Tomorrow's Company works with a number of organisations and individuals[5] to explore a wide range of issues from stewardship[6] to capital market reforms.[7]

Its programme comprises the following three categories: governance, leadership and stewardship.

"The success of companies in the 21st century is bound up with three interdependent sub-systems – the natural environment, the social and political system and the global economy. Global companies play a role in all three and they need all three to flourish. This is according to Tomorrow’s Company, UK. In short, planet, people and profit are inextricably intertwined"
— King III, www.ecgi.org/codes/documents/king3.pdf

Corporate Responsibility Group

Tomorrow's Company has held the secretariat for the Corporate Responsibility Group since August 2009. The secretariat was passed on to Carnstone in 2014.

Membership

Tomorrow's Company is a membership organisation. The majority of its income comes from membership subscriptions, donations and sponsorship by businesses.

Events

Each year Tomorrow’s Company hosts events and high level dialogues, panel debates, and roundtable discussions to engage the public and the business sector and promote the agenda of business as a force for good.

References

  1. ↑ Sangani, Priyanka (Nov 29, 2013). "Cos must have an anchor shareholder to offer stewardship in crisis, says Mark Goyder". Economic Times.
  2. ↑ "Q&A: What is the future of the company?". Financial Times. Oct 8, 2011.
  3. ↑ Durodie, Bill (31 October 2011). "Corporate Social Responsibility – more harm than good". Independent. Retrieved 3 February 2015.
  4. ↑ Peter Desmond. "Tomorrow's Company - Growth International". growthinternational.com.
  5. ↑ Bawden, Tom (21 June 2011). "Vince Cable calls for UK businesses to take long view". The Guardian. Retrieved 3 February 2015.
  6. ↑ Dunkley, Jamie (8 January 2012). "City investors set up working group to boost shareholder-company relations". Telegraph. Retrieved 3 February 2015.
  7. ↑ Goyder, Mark (10 January 2012). "Finance should be our servant not our master". The Guardian. Retrieved 3 February 2015.
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