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According to Paul Polman, the cost of inaction is higher than the cost of action, and some companies are not pulling their weight. However, business is now facing oblivion as a result of the coronavirus pandemic and the resulting global recession. How can a corporation balance purpose and profits during the crisis? If paying your workers bankrupts the company and they lose their jobs permanently, is that better than laying them off temporarily and rehiring them? This discussion will explore responsible business best practices in these unprecedented times.
Tune in to this panel discussion on May 13th, 2020, featuring NYU Stern CSB Director Tensie Whelan, former Unilever CEO Paul Polman, and High Meadows Institute President and CEO Chris Pinney.
The discussion will be moderated by Gillian Tett, Chair, Editorial Board, and Editor-at-large, US, Financial Times.
About the Conference
The FT Global Boardroom (May 12-14, 2020) is a 2.5 day free-to-view virtual conference gathering our most senior journalists and leading figures in global policy, business and finance to discuss the impact of the coronavirus pandemic and what is required to shape the conditions for recovery.
Other featured speakers include Al Gore, Former US Vice President; Chairman, Generation Investment Management, David Rubenstein, Co-Founder and Co-Executive Chairman, The Carlyle Group, Soumya Swaminathan, Chief Scientist, World Health Organization, and Michael O’Leary, CEO, Ryanair.
Follow the conversation on Twitter via @NYUSternCSB #FTGlobalBoardroom.