To improve public procurement – use the Trust Test
Public procurement is too often solely made on price, and not enough on true value and to account for areas...
Venue: PwC, 1 Embankment Place, London, WC2N 6RH
“Is it hearts and minds, leadership and incentives, or Vickers and Kay?”
Everyone wants to change the City, but how do you change a highly complex and highly incentivised social structure? Anthropology or economics, business management or government regulation, revolution or evolution?
You are warmly invited to this important event, kindly hosted by PwC, where we will be having a high-level discussion on how we can indeed begin to change the City.
We are delighted that Charles Hippsley, Director of The LICC Work Forum, Tony Manwaring, Chief Executive at Tomorrow’s Company, Richard Sexton, Head of Reputation and Policy at PwC, Richard Spencer, Head of Sustainability at the ICAEW and Richard Sykes, Governance Risk and Compliance Leader at PwC will come together to discuss this vital issue and to celebrate the launch of James Featherby’s new book, Of Markets and Men.
Tomorrow’s Company is proud to be co-publishing, along with the The Institute for Chartered Accountants in England and Wales and The London Institute for Contemporary Christianity, this important publication which we believe will be regarded as a significant contribution to the debate on these issues.
James Featherby is the author of The White Swan Formula and Chair of the Church of England Ethical Investment Advisory Group. Ken Costa in his foreword to The White Swan Formula writes:
Long before the current fınancial crisis, James had identifıed and spoken on the likely medium and long-term consequences of the values driving much of contemporary business, not only for the economy as a whole but also for the City and those working within it.
The current crisis represents an unprecedented and perhaps once-in a generation opportunity to re-lay the foundations of global fınance in order to deliver business and fınance for the common good.
James has raised thought provoking points about how finance has come to reflect Western thinking that is increasingly individualistic, reductionist, utilitarian, controlling and pragmatic and has set out key principles to change this.
Now, in his new book of Of Markets and Men this vision reaches its full expression. In it James sets out a radical path for change, one that is both personal and institutional.
James has a powerful conviction that “ideas have legs” and we agree with him. In the strength and clarity of his ideas we believe there’s an opportunity to rethink issues fundamental to our future well-being and prosperity.
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