The New P & L - Principles and Leadership in Business

The aim of social entrepreneurship and innovation is to try and address the needs of society in more efficient, effective and intelligent ways – through business becoming a force for good: innovating and designing for society as well as for profit to create social and commercial value.

The global challenges we collectively face, by virtue of their scale, will not discriminate between society and business – the failure of businesses to play their collective role will impact on their success and profitability as much as it will on society more generally.

So, The New P&L – Principles & Leadership in Business podcast series brought together a panel of voices from across the social innovation space to discuss whether ‘Social Entrepreneurship is the Future for Innovation’. Sponsored by SocietyInside.com, the Roundtable discusses what can be done to firmly break the perception in business that social innovation doesn’t equate to profitable innovation and whether we currently have a critical ‘moment in time’ for businesses and society to make the transition to an innovation model that is based on both profit and purpose. 

Download the Executive Summary Discussion Paper at: https://www.principlesandleadership.com/knowledge-bank

Better People make better business people and more principled business leaders – it’s that simple. The more in tune we are with ourselves; the more we are able to demonstrate self-awareness, empathy, passion, focus and drive, the more successful we will be in all our relationships – personal and professional and the more we will be able to lead with conviction, courage and compassion.

This week, The New P&L speaks ex-British, Commonwealth, European and IBO World boxing Champion, Billy Schwer, who after an incredible rise to the top of his sport, now works as one of the UK’s top personal performance coaches, helping men and women to excel and their lives and live their best lives every day.

The United Nations Sustainable Development Goals are both ambitious and necessary, and the global business community has both the power and the responsibility to drive cohesive commitment and action on these goals.

This week, The New P&L speaks to Founder and CEO of VATI of Sweden, Eva Vati.  As one of the first consultancies in the world to offer businesses a certified methodology for integrating sustainability and the UN’s SDGs, VATI of Sweden helps executives and entrepreneurs align their commercial strategies with the UN’s SDGs, helping to future-proof their companies in the process.  We discuss with Eva the critical role and responsibility businesses have in ensuring the SDGs are met, as well as the kind of leadership that is required to ensure the implementation of SDGs in a business has a positive commercial impact and sets it up for a future full of opportunity.

The impact of AI on all aspects of our life is far-reaching. AI has incredible potential, and when and designed and developed with ethical principles underpinning it, AI can have a transformational effect on communities and businesses in many ways. But AI is not without bias – it can often carry with it the subjective assumptions and judgements of those developing it or built on data that reinforces some of the structural inequalities that exist in our businesses and our societies.

This week, The New P&L speaks to eminent criminologist, criminal psychologist, AI ethicist and data activist, Renée Cummings. Renée specialises in diverse, equitable and inclusive AI design, development and deployment; principled, responsible and trustworthy AI strategy and ethical AI policy development and governance, as well as AI risk management and crisis communications.  We discuss with Renée the challenges around bias in AI and how these can be overcome, as well as regulation of this sector; what a more ethical future for AI looks like and what type of leaders we need in business to get us there.

Leadership in times of adversity and the ability to excel in a crisis, such as the one we face globally as a result of the pandemic, requires a specific set of characteristics. These attributes don’t just appear in leaders; they are honed over time based on accumulated experience and refined through consistent preparation, training and application.

This week, in an extensive discussion with an inspiring individual, The New P&L – Principles & Leadership in Business podcast series speaks to Eleanor Taylor. Eleanor is founder of executive leadership consultancy, Eleanor Taylor Consulting and recipient of the Order of Military Merit, recognising Eleanor’s exceptional service over a 25-year career in the Canadian Armed Forces. We discuss with Eleanor how she helps senior leadership teams and executives in business to adopt and adapt the leadership skills she developed in the military and then apply them to their own commercial and operational challenges, especially around times of adversity and crisis.

Leadership in times of adversity and the ability to excel in a crisis, such as the one we face globally as a result of the pandemic, requires a specific set of characteristics. These attributes don’t just appear in leaders; they are honed over time and based on accumulated experience, refined through consistent preparation, training and application.

This week, in an extensive discussion with an inspiring individual, The New P&L – Principles & Leadership in Business podcast series speaks to Eleanor Taylor. Eleanor is founder of executive leadership consultancy, Eleanor Taylor Consulting and recipient of the Order of Military Merit, recognising Eleanor’s exceptional service over a 25 year career in the Canadian Armed Forces. This included leading operations for the Canadian Army’s Special Operations Forces Command. We discuss with Eleanor how she now helps senior leadership teams and executives in business to adopt and adapt the leadership skills she developed in the military and apply them to their own commercial and operational challenges, especially around times of adversity and crisis.

Successful commercial negotiations are clearly one of the key drivers for business growth - you sell more products for the right price and you set your business on a firm foundation for the future. However, these negotiations so often seem to be a zero sum game, with one or both parties feeling aggrieved at the final outcome, which clearly doesn't set the right tone for a positive ongoing business relationship or partnership. This pressure to 'win the business at all costs' is only going to be accentuated by financial pressures placed on businesses by the pandemic.

This week, The New P&L - Principles & Leadership in Business podcast series speaks to Mark Raffan - host of the world's number one negotiations podcast, Negotiations Ninja, and founder the Negotiations Ninja training group. We discuss with Mark how a more principled approach to the negotiation process can help sales teams and business owners work towards achieving more balanced outcomes in the commercial negotiations process to the mutual benefit of both parties.

As we all work out way slowly and hopefully out of the worst of the pandemic and consider the economic and business challenges that lie in front of us, courageous and empathetic leadership at helm of both business and society is going to be more critical than ever.  This week the New P&L - Principles & Leadership in Business speaks to executive leadership coach, business strategist and keynote speaker, Loretta Biscaro Smith. We discuss with Loretta what we should expect and demand from our business leaders in the 21st century, the characteristics of great leadership and what business leaders can do to ensure they hold on to the best elements company cultures that rely on physical proximity for effective cohesion and collaboration in a world where remote working may become the norm. 

“Some dream and some do”. Most of us have passions in our personal and professional lives – ideas about the way the world should be or how businesses should behave.  But for a select few, that passion transforms into action – they turn their Passion into their professional Purpose, and it drives their focus, their motivation and their inspiration.  

The New P&L® ‘Passion into Purpose’ Virtual Roundtable Discussion brings together inspirational entrepreneurs who will discuss their own journeys going from ‘Passion’ into ‘Purpose’; including the challenges and how these were overcome, the highs and lows, successes and learnings -  offering encouragement and insights for aspiring entrepreneurs or those already in business.

www.principlesandleadership.com 

Guy Kawasaki is a legend in the world of technology. As Chief Evangelist for Apple in the 1980s, he played important key roles in the commercial success of the Apple Mac and building the company’s now legendary brand loyalty.  The international stage then beckoned, and Guy established himself as a hugely successful author on innovation, marketing and business and a sort-after keynote speaker.  Currently Chief Evangelist for global graphic design platform, Canva, Guy now also hosts his own brilliant podcast, Remarkable People. 

In a far-reaching conversation, The New P&L chatted with Guy on the importance of role models in the entrepreneurial journey, how brands maintain and grow loyalty in a hyper-transparent world, why scepticism should be taught as a subject at school, the impact of social media on the speed and nature of product innovation, and finally a conversation on his love of surfing!