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responsible workplace
developing sustainability
Why measure sustainability


                                  Institutional
                                  Relations
                                  (Communities, NGOs)




       Financial                                                Business
       (Ratings)                                                (Brand, products,
                                                                reputation)



                                   Sustainability




                   Innovation                           Motivation and
                   (R&D, Supply
                   chain)
                                                        Inspiration
                                                        (Employees)




                                                                                    2
What to measure                                How to measure

 STRATEGIES AND PROCESSES

• Practice and process Audit
• Strategic implications
• Public information and reputational attacks
                                                           Index and benchmarking
 PERCEPTIONS
                                                             External interviews
• Management
• Employees
                                                               Internal surveys
• Stakeholders

                                                           Psychological interviews
 GAPS

• Internal and external
• Among functions or business lines


 VALUES AND EMOTIONS

• Management




                                                                                      3
The 3 pillars of rewords®

                  Response                             Great Place to Work                  VerA



                                                       Research Institute
             Largest academic
                                                       specialized in
             project on CSR funded                                                 Strategic consulting
                                                       organization climate
             by European                                                           company
                                                       survey.
             Commission


             19 multinationals                         Present in 46 countries     Specialized in
             180 stakeholders                          More than 5000              institutional relations
             1200 managers                             organizations studied       and stakeholder
             4 Universities                            every year                  engagement

             430 interviews to top                                                 VerA introduced in Italy
             management and                            1.5 million employees       the concept of
             stakeholders                              interviewed                 responsible lobbying


             Web survey                                Methodologies and           Part of FIPRA, the most
             on some selected                          tools based on more         important independent
             companies                                 than 25 years of            Public Affairs Network
                                                       research experience         in the world




• Response website: http://www.insead.edu/v1/ibis/response_project/
• Great Place to Work Institute® Italia website: http://www.greatplacetowork.it/
• Vera website: http://www.veraonline.it/home/
                                                                                                              4
The rewords® model                                               • Role of the organization in society
                                                Sustainability   • Motivation
                                                                 • Relations with stakeholders
                                                                 • Sustainability processes and
                                                                   practices
                                                                 • Barriers to development
                                                                 • Benchmarking



                                                Great Place
                      Surveys and analysis
                                                To Work          • Credibility
                      - Sustainability
                      - Great Place to Work ®                    • Respect
Interviews to         - Audit                                    • Fairness
stakeholders                                                     • Pride
                                                                 • Camaraderie




                Psychological interviews        Psychological
                to management                   attitudes        • Moral dilemmas
                                                                 • Values
                                                                 • Emotions




                                                Audits           • Culture Audit©
                                                                 • Sustainability Audit


         rewords® ranking

                                                                                                         5
Why rewords® is different


              Classic       rewords®
              indexes




                                       6
What’s new in rewords®




                                        Integration of
               Not only public        sustainability with
               data, but internal       organizational
                 and external            climate and
                assessments              stakeholder
                                        consultation


                     Role of
                                       Analysis of gaps
               stakeholders: from
                                      between managers
                   engagement
                                      and stakeholders in
                  counterparts to
                                        perceptions of
                levers for internal
                                         sustainability
              learning and change




                                                            7
rewords® adds value in several ways
  Sustainability strategy based on scientifically validated data

 • A sound sustainability strategy requires managers to rethink the entire organization and its business processes. To this end
   management need objective data collected and analyzed through cutting edge methodologies.

  Real perceptions , not only public information

 • rewords® analysis is based on real internal data collected from employees, managers and stakeholders; not only on public
   information or a single company questionnaire.

  Stakeholders as learning and improvement opportunities, not as obstacles

 • Stakeholder engagement process through an ex-ante and ex-post fairness opinion drives towards a constructive
   relationship.

  International Benchmarking

 • The benchmarking with best international performers and their best practices helps organizations in continuous learning
   and change management processes.

  Reputation strategy from inside out

 • Reputation can only be developed through deep and sustained internal change efforts. rewords® is designed to help
   companies achieve this strategic objective.

  Enhancing financial performance

 • Research show that sustainable companies generate better financial performance especially in economic downturns. Rewords®
   can offer proprietary analysis to financial raters on company sustainability.

  Building competitive advantage from motivated and inspired human resources

 • A sustainable organization improves talent attraction and retention. Motivated and inspired personnel generates higher
   productivity and faster innovation.
                                                                                                                                  8
rewords® team
   Alessandro Zollo, MBA

   • Rewords s.r.l. and Great Place to Work ® CEO, MBA.
   • He served as research manager on the Italian Centre for Social Responsibility (I-CSR) and as a consultant for Accenture
     and Ernst and Young Financial Business Advisors
   • He holds a laurea degree in development economics from Bocconi University and an Executive MBA from SDA Bocconi.


   Gilberto Dondè

   • Great Place to Work® Institute Italia President
   • He served on Human Resource Development and Marketing for IBM for 22 years
   • He published several national and international researches and studies regarding workforce, training and professional
     skills management

   Francesco Schlitzer

   • VerA s.r.l. CEO
   • Public and stakeholder relation expert, he served as chief of Institutional Affairs on Autostrade Group and has been former
     member of Traforo Montebianco S.p.A. board
   • He worked in Brussels and Italy for some of the largest international PR Networks
   • He is Vicepresident of «l’altra» Napoli no profit association.

   Maurizio Zollo, Ph.D.

   • Rewords® Scientific Director
   • President of Vera Advisory board
   • Director of the Center for Research in Organization and Management and Bocconi Dean’s Chaired Professor in Strategy
     and Corporate Responsibility at Bocconi University.
   • Editor of the European Management Review, the official journal of the European Academy of Management (EURAM).
   • He served on the faculty of INSEAD for 10 years. He holds a Ph.D. degree in management from the Wharton School of the
     University of Pennsylvania and a laurea degree in monetary economics from Bocconi University.
                                                                                                                                   9
rewords® modules

 CUSTOMISED


Psychological
analysis              ADVANCED
Sustainability
strategy                                                               Live
                      Analytic Audit      Analytic Report          Stakeholders          Benchmarking
                                                                    Interviews
External
communication and
workshop
                           STANDARD
Change
management plan

Fairness opinion by                                                Telephone
                            Synthetic   Climate   Sustainability                  Synthetic   Rewords®
two NGOs                                                           Stakeholders
                            Audit       Survey    Survey                          Report      Ranking
                                                                   Interviews

Stakeholder
engagement




                                                                                                         10
rewords® future

                   Interest by DG
                   Enterprise and     Commmunication of
                                          European
        Policy       Industry on        Commission on
                    sustainability          CSR
                  measuring systems



                                         First Europe,
                   Great Place to
      Extension    Work® Network
                                      afterword America
                                           and Asia




                                       Best Sustainable
                    Starting date
       Ranking      January 2011
                                        Company Italy
                                         June 2012




                                                          11
Thank you!




                          For any information
                                  www.rewords.eu

             Via della Moscova 40/5, 20121, Milano
                           Tel: +39 02 49469340




                                                     12

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Rewords Presentation

  • 2. Why measure sustainability Institutional Relations (Communities, NGOs) Financial Business (Ratings) (Brand, products, reputation) Sustainability Innovation Motivation and (R&D, Supply chain) Inspiration (Employees) 2
  • 3. What to measure How to measure STRATEGIES AND PROCESSES • Practice and process Audit • Strategic implications • Public information and reputational attacks Index and benchmarking PERCEPTIONS External interviews • Management • Employees Internal surveys • Stakeholders Psychological interviews GAPS • Internal and external • Among functions or business lines VALUES AND EMOTIONS • Management 3
  • 4. The 3 pillars of rewords® Response Great Place to Work VerA Research Institute Largest academic specialized in project on CSR funded Strategic consulting organization climate by European company survey. Commission 19 multinationals Present in 46 countries Specialized in 180 stakeholders More than 5000 institutional relations 1200 managers organizations studied and stakeholder 4 Universities every year engagement 430 interviews to top VerA introduced in Italy management and 1.5 million employees the concept of stakeholders interviewed responsible lobbying Web survey Methodologies and Part of FIPRA, the most on some selected tools based on more important independent companies than 25 years of Public Affairs Network research experience in the world • Response website: http://www.insead.edu/v1/ibis/response_project/ • Great Place to Work Institute® Italia website: http://www.greatplacetowork.it/ • Vera website: http://www.veraonline.it/home/ 4
  • 5. The rewords® model • Role of the organization in society Sustainability • Motivation • Relations with stakeholders • Sustainability processes and practices • Barriers to development • Benchmarking Great Place Surveys and analysis To Work • Credibility - Sustainability - Great Place to Work ® • Respect Interviews to - Audit • Fairness stakeholders • Pride • Camaraderie Psychological interviews Psychological to management attitudes • Moral dilemmas • Values • Emotions Audits • Culture Audit© • Sustainability Audit rewords® ranking 5
  • 6. Why rewords® is different Classic rewords® indexes 6
  • 7. What’s new in rewords® Integration of Not only public sustainability with data, but internal organizational and external climate and assessments stakeholder consultation Role of Analysis of gaps stakeholders: from between managers engagement and stakeholders in counterparts to perceptions of levers for internal sustainability learning and change 7
  • 8. rewords® adds value in several ways Sustainability strategy based on scientifically validated data • A sound sustainability strategy requires managers to rethink the entire organization and its business processes. To this end management need objective data collected and analyzed through cutting edge methodologies. Real perceptions , not only public information • rewords® analysis is based on real internal data collected from employees, managers and stakeholders; not only on public information or a single company questionnaire. Stakeholders as learning and improvement opportunities, not as obstacles • Stakeholder engagement process through an ex-ante and ex-post fairness opinion drives towards a constructive relationship. International Benchmarking • The benchmarking with best international performers and their best practices helps organizations in continuous learning and change management processes. Reputation strategy from inside out • Reputation can only be developed through deep and sustained internal change efforts. rewords® is designed to help companies achieve this strategic objective. Enhancing financial performance • Research show that sustainable companies generate better financial performance especially in economic downturns. Rewords® can offer proprietary analysis to financial raters on company sustainability. Building competitive advantage from motivated and inspired human resources • A sustainable organization improves talent attraction and retention. Motivated and inspired personnel generates higher productivity and faster innovation. 8
  • 9. rewords® team Alessandro Zollo, MBA • Rewords s.r.l. and Great Place to Work ® CEO, MBA. • He served as research manager on the Italian Centre for Social Responsibility (I-CSR) and as a consultant for Accenture and Ernst and Young Financial Business Advisors • He holds a laurea degree in development economics from Bocconi University and an Executive MBA from SDA Bocconi. Gilberto Dondè • Great Place to Work® Institute Italia President • He served on Human Resource Development and Marketing for IBM for 22 years • He published several national and international researches and studies regarding workforce, training and professional skills management Francesco Schlitzer • VerA s.r.l. CEO • Public and stakeholder relation expert, he served as chief of Institutional Affairs on Autostrade Group and has been former member of Traforo Montebianco S.p.A. board • He worked in Brussels and Italy for some of the largest international PR Networks • He is Vicepresident of «l’altra» Napoli no profit association. Maurizio Zollo, Ph.D. • Rewords® Scientific Director • President of Vera Advisory board • Director of the Center for Research in Organization and Management and Bocconi Dean’s Chaired Professor in Strategy and Corporate Responsibility at Bocconi University. • Editor of the European Management Review, the official journal of the European Academy of Management (EURAM). • He served on the faculty of INSEAD for 10 years. He holds a Ph.D. degree in management from the Wharton School of the University of Pennsylvania and a laurea degree in monetary economics from Bocconi University. 9
  • 10. rewords® modules CUSTOMISED Psychological analysis ADVANCED Sustainability strategy Live Analytic Audit Analytic Report Stakeholders Benchmarking Interviews External communication and workshop STANDARD Change management plan Fairness opinion by Telephone Synthetic Climate Sustainability Synthetic Rewords® two NGOs Stakeholders Audit Survey Survey Report Ranking Interviews Stakeholder engagement 10
  • 11. rewords® future Interest by DG Enterprise and Commmunication of European Policy Industry on Commission on sustainability CSR measuring systems First Europe, Great Place to Extension Work® Network afterword America and Asia Best Sustainable Starting date Ranking January 2011 Company Italy June 2012 11
  • 12. Thank you! For any information www.rewords.eu Via della Moscova 40/5, 20121, Milano Tel: +39 02 49469340 12