Editor’s Note – Abundant Acronyms

By: JoDeen Urban, Editor In Chief, The Source

We live in a world where brevity is prized, nanoseconds influence our schedules and 140 characters drive our conversations. Acronyms have assumed an almost titular position in the hierarchy of language. There is an abundance of meaning and substance, however, behind these alphabet-signposts, especially with regard to sourcing and social responsibility.

IS Impact Sourcing, SRO Socially Responsible Sourcing, ES Ethical Sourcing, CSR Corporate Social Responsibility – each term is nuanced and symbiotically linked to improving the lives of those who are poor and vulnerable. Abundance envelopes each term as they refer to the bountiful potential of each and every act, and the prolific continuation of social good.

In this month’s issue, we focus on the immeasurable impact that can be achieved when BPO is effectively combined with Social Responsibility. Metrics only go so far in quantifying socio-economic improvements gained and sustained. There is no tool sensitive enough to measure change in a human heart and mind – yet, it is here that sustainability is nurtured and perpetuated through progressive acts of gratitude.

Wealth does not bring goodness, but goodness brings wealth and
every other blessing, both to the individual and to the state.
Socrates (469-399 BCE)

We all, universally, possess consciousness and free will. They are our most powerful tools to leverage to eradicate poverty and human rights abuses. As each of our contributors point out, the devotion to ideals, persistence to execute social goodwill, and resilience to persevere across cultural, political and generational divides is growing, and going strong. Harold Geneen, who led ITT – the mightiest of all corporate acronyms for decades – said: “I think it is an immutable law in business that words are words, explanations are explanations, promises are promises – but only performance is reality.” Business performance with compassion is now a tightly weaved reality. With regard to SRO, promises made and promises kept are its moral ballast.

We welcome contributors to this publication. Please share your insight and opinions at contactGSC@gscouncil.org, or contact me directly at jodeen@gscouncil.org.

JoDeen Urban
Editor In Chief

JoDeen is an independent management consultant working with established companies as well as start-ups on strategy, organizational capability and business model innovation.

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