4-6 February 2015: Speaking on Sustainable Luxury in a VUCA World
Join Better Finance at Geneva's Sustainable Luxury Forum to understand the impacts of corporate value chains on the shift to sustainable, ethical luxury. Two major developments create new management challenges for brands in the luxury manufacturing sector. On the one hand, internet, mobile phone technology and social media have created new levels of transparency and global interconnectedness. Citizens today can raise attention to issues that they find unacceptable in milliseconds. They hold brands, not state actors accountable, and they expect, at a minimum, respect for human rights. On the other hand, brands often rely on complex global supply chains that are quite opaque. Lacking transparency creates risks for brands that they cannot manage. Ironically, current sourcing practices further aggravate the problem and render brands defenseless when public accusations hit. The talk will offer suggestions for how brands can operate a responsible supply chain in a VUCA environment.
More information is available: http://www.sustainableluxury.com