The Future of Organisations in Society
Pervasive, complex and intractable social and environmental challenges such as enduring social inequalities and poverty, climate change adaptation and mitigation, ecosystem decline and food security threaten the sustainability of our societies. Social and sustainability-oriented innovations across a range of sectors, industries and different organisational forms are emerging to address these challenges. Such initiatives create impacts that foster diverse, cohesive, peaceful, and equitable societies and are restorative of Earth Systems.
1. Creating the governance for social and ecological innovations
Social and environmental innovations do not develop in an institutional void. Corporate and financial regulation as well as governance must adapt to emerging challenges. CBSI researchers work with governments, financial institutions and corporate boards of directors to formalise policies that facilitate social and ecological innovations and to translate such policies into coherent and effective practices. We also work with stakeholders to help foster the new eco-systems and markets that are needed for fresh approaches such as social entrepreneurship and, more broadly, impact investment.
2. Social and ecological innovation across civil society, business and government.
Grand sustainability challenges require responses beyond any single institution or organisation. CBSI researchers provide expertise in cross-sector initiatives, such as partnerships, networks, inter-organisational collaborations and strategic alliances. Our research generates strategies for organisations to take an outside-in strategic perspective directed toward creating shared value for the common good. We provide advice and develop models to optimise activities directed to addressing large-scale issues and to map and capture value creation through social and collective impact. For instance we undertake work on sustainable supply networks and have facilitated new forms of multiple-stakeholder cooperations. Another area of investigation is that of the circular economy where cross-sector interaction is crucial to designing novel approaches.
3. Socially and environmentally innovative organisations
All sectors are reliant on and generate impacts that affect and shape societies, communities and the natural environment. CBSI researchers examine how impacts can be enhanced to benefit the common good, contributing to a new benchmark through which organised work will gain a new ‘social licence’ to operate. We specialise in understanding social and environmental innovation as a core element of the business models, process and outcome across a wide range of organisational forms including corporate, not for profits, social enterprises, cooperatives, B Corps and other emerging hybrid forms. We have partnerships across a range of organizational types and in a variety of sectors to understand and provide recommendations about how practices, policies and procedures can be ecologically restorative while enhancing wellbeing, inclusion, social justice and environmental impact.
- Social Enterprise and Impact Investing Initiative (SEIII) – Innovation Exchange (iXc), Department of Foreign Affairs and Trade
CIs: Associate Professor Danielle Logue, Dr Jochen Schweitzer
Investigating interventions for marketing building and eco-system development across the Indo-Pacific, including platforms, regional networks, incubator development, blended finance and brokerage.
- Sustaining social enterprises over the long term
CIs: Associate Professor Bronwen Dalton; Jennine Blundell
There is limited research and learnings on what makes a not-for-profit social enterprise succeed or fail over the long term, or whether it is possible to achieve social good while generating sustainable income. This study into community social enterprises explores critical internal and external success factors that make a social enterprise succeed or fail, and attempts to answer the question ‘is it possible to achieve social good and make money?’.
- Directors Duties and Climate Change: The Changing Landscape of Fiduciary Duty
CIs: Professor Thomas Clarke; Dr Alice Klettner
The global consequences of climate change present a series of inescapable challenges for business enterprises. A transformation of fiduciary duty is occurring where risk, strategy and investment are closely calibrated with social and environmental responsibility.
- The Evolution of Corporate and Financial Regulation: Crisis and Reform
CIs: Dr Alice Klettner; Professor Thomas Clarke
The realisation of the consequences of unchecked systemic risks has prompted national governments and international agencies into a major series of regulatory reforms and interventions in financial markets and institutions, the effect of which remains to be discerned. This research examines the inherent risks of de-regulation, and the enveloping complexities of re-regulation.
- League Bilong Laif – Rugby League as a vehicle for development in Papua New Guinea, Research and Evaluation Grant from the Australian Rugby League
CIs: Dr Nico Schulenkorf; Dr Emma Sherry, La Trobe University, Melbourne
The League Bilong Laif [League for Life] Program describes a three-way partnership between the Australian Government (represented by the Department of Foreign Affairs and Trade, DFAT), the Papua New Guinea (PNG) Government (represented by the National Department of Education), and the Australian Rugby League Commission (represented by the NRL). The program was strategically devised to contribute to social, educational, managerial and health-related development outcomes for Rugby League stakeholders and local communities in PNG. Our research reviews the program’s overall development and provides strategic recommendations for future design and implementation.
- Immigration and Social Inclusion - funded by Korean Government's Korea Foundation
CIs: Dr Yong Moon Jung; Associate Professor Bronwen Dalton
Lead by CBSI Post-doctoral Fellow Dr Yong Moon Jung and Dr Bronwen Dalton and funded by the Korean Government's Korea Foundation; this project examines the challenges and opportunities faced by migrant communities in Australia to participate in social, economic and cultural life post migration to Australia.