It's that time of year for looking back and peering ahead. But what would a theoretical physicist who specializes in quantum mechanics say about this predilection to see what's happening in terms of the passage of time, the before and after, the yesterday and tomorrow? The physicist might say "Bah, humbug!" More professionally, a citation could be made to entropy — commonly defined as "heat death" or an irreversible flow of heat from warmer objects to colder ones — as the only aspect of physics where before and after — or time as we non-physicists think of it — makes any sense.
When a company such as WeWork holds a dominant positon among its supply chain and stakeholders, it has the potential to be an effective and innovative advocate for change in both practice and performance metrics — priorities that improve the corporate bottom line and demonstrate corporate citizenship. Known as market transformation, such a process should result in changes to the negotiated content and outcomes of transactions between stakeholders. To be truly market transformative, the achieved change should become standard practice, rather than a one-off result.
Nancy Anderson, the Executive Director of the Sallan Foundation, was honored to receive recognition for outstanding accomplishments in the field of Corporate Social Responsibility (CSR) in the real estate and construction sector by City & State.