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Peer Learning Forum: Innovating Responsible Business Models
Thu, 08 February @ 10:30 – 12:00
This is a virtual event.
Audience
Our peer learning forums are open to all members who have advisory in their membership package – hosted by our issue experts, there are 20 forums a year, covering a range of responsible business areas and enabling our members to discuss challenges, solutions and ideas.
Aims and objectives of the event
Join us for this Peer Learning Forum (PLF) for BITC members receiving support on responsible business strategy & purpose. This event will share learnings from our most recent toolkit ‘How to Innovate Responsible Business Models‘, from the 6 catalysts of responsible business on the subject of innovative business models. It will make the case for why businesses should consider transitioning towards a culture of responsible innovation and more sustainable business models.
Responsible innovation allows businesses to maintain competitive advantage, and increase long-term resilience. The British Standards Institution reports benefits such as long-term cost and risk reductions, improvement of societal trust in the company and maintenance of social license to operate, as well as greater attractiveness as an employer, better supply chain relationships and improved capacity for long-term planning and sustainability.*
In addition to exploring the benefits of adopting an innovative approach, we will also be sharing BITC’s Responsible Innovation Framework, which organisations can use to begin developing a culture of responsible innovation. The framework includes the following principles:
- Being purpose-led
- Stakeholder centricity
- Risk mitigation and opportunity spotting
- Through-life impact
- Transparency
We will be sharing examples of organisations who have started to transition their business to more sustainable models, and will be discussing the potential for transformation within the businesses represented at the session.
About Business in the Community’s Peer Learning Forums
BITC’s Peer Learning Forums provide a confidential environment to discuss common issues, solutions, and good practice. There will be an emphasis on discussion and sharing experiences.
Booking, contact details and further information
- Contact Jessica Hart, Events Coordinator at BITC, for any further questions.
- Full joining instructions will be sent before the event.
Find out how your organisation can become a member of Business in the Community
