Good Business Forum 2024
Redesigning the Bottom Line
Where business leaders and policy experts are uniting to advance social impact.
Monday, August 5 | Bangalore International Centre
A few highlights from the Good Business Forum 2024:
đź”— YouTube Playlist for the Good Business Forum | Redesigning the Bottom Line 2024
Investments in worker wellbeing can drive competitiveness in the global marketplace.
How can my business stay competitive in an increasingly challenging global economy laden with volatile labor markets, shifting demand, and rapidly changing regulations?From our work with firms across India, Latin America, and the US, we have observed this common concern that keeps business leaders up at night. Faced with this competitive pressure, firms often view investments in ESG as an obligatory must-do, rather than an ROI-positive strategy.To unpack the other side of this discussion with evidence, case studies, and our own research, supported by large foundations including the Bill & Melinda Gates Foundation, we are organizing The Good Business Forum: Redesigning the Bottom Line, on Monday, August 5th, at the Bangalore International Centre.This event will highlight how social impact agendas can drive positive business outcomes and demonstrate how investments in worker wellbeing can drive competitiveness in the global marketplace. One tentpole issue for GBL, which will be explored in detail, is gender equity in the supply chains. Redesigning the Bottom Line will provide insights on how focusing on gender equity can have an outsized impact on worker wellbeing, productivity, wages, and on the firm’s bottom line.The day long event will host four panels listed below:
Here is an event rundown:
Text
Text
Panel 1: Shared impact requires solutions that work for businesses.
Businesses often treat social impact as a philanthropic write-off due to a lack of data for ROI evaluation. This panel explores how M&E frameworks and data strategies can enhance the evaluation of social programs. Join speakers from TATA Autocomp, Labour Net, and Bill & Melinda Gates Foundation for insights.
Text
Text
Text
Panel 2: Shared value creation requires co-designing with stakeholders.
The tech revolution highlights the importance of empathy in human-centric design. Successful innovations arise from human insights, thoughtful design, and scalable systems. This session, featuring experts from RISE, Shahi Exports, and Tata Motors, will explore how such design drives behavioral changes for thriving workers and organizations.
Text
Text
Panel 3: Worker voices empower business transformation.
This one-of-a-kind panel highlights the critical role of worker voices in business transformation. Hear from workers about their personal stories, challenges, and factors improving their work life. By integrating these perspectives, we want to explore how businesses can create a more inclusive and effective workplace.
Text
Text
Panel 4: Systemic change requires robust data, not just regulatory compliance.
New global regulations integrate ESG mandates into operations, emphasizing better data collection for enhanced decision-making and returns. This session covers leveraging tech tools for real-time insights and compliance, optimizing transparency and gains. Speakers from Global Reporting Initiative and Brandix India Apparel City will share insights on effective implementation.
Text
Text
Women's Advancement & Leadership Roadmap Journey Presentation in Collaboration with RISE
Besides the panel discussions, the forum will also feature a unique presentation by RISE: Reimagining Industry to Support Equality. A culmination of a year-long co-designing process, this roadmap on Women's Advancement and Leadership in the Garment Industry will lay out how businesses can adopt a holistic and systemic approach to women’s advancement in the sector.RISE is an initiative to support collaborative industry action at scale, to advance gender equality in global garment, footwear and home textiles supply chains.
Text
At Good Business Lab, we design, test, and scale programs using rigorous research methods that align worker wellbeing with business interests.Reach us at gbf.goodbusinesslab.org for more info!