WEBINAR: Business-Social Key Performance Indicators: The Next Big Thing in Social Monitoring?

WEBINAR: Business-Social Key Performance Indicators: The Next Big Thing in Social Monitoring?

Multimedia from this Release

Friday, April 25, 2014 - 10:00am

CONTENT: Press Release

April 23, 2014 /3BL Media/ - There have been a number of papers released over the past year that share similar conclusions: Social auditing has limitations, too much money and time has been invested in to checking for compliance versus facilitating social performance, and it is time for companies move beyond compliance.  This begs an important question.  If the audit model is not the model of the future, what is?

ELEVATE believes that the new model for responsible supply chain programs will involve a fundamental shift from being reactive to becoming proactive and predictive.  During this transition, CSR departments will need to organize themselves to capture a more complete picture of the production environment, including the causes of non-compliance, more frequent visibility, better understanding of the purchase order flow, more engaged suppliers and undertake much deeper, more holistic business analysis.

The key to making this transition is a more aggressive and liberal use of key performance indicators.  Over the past two years, monthly KPI monitoring at factory level has been adopted by a number of retailers and brands, and the results have been enlightening.  In parallel, ELEVATE has been working on a number of initiatives to better understand the cost and drivers of compliance, quantifying initiatives to improve social performance, and measuring return on investment. 

Join ELEVATE on April 30, 2014 at 11am EST (15:00 GMT) for a free webinar to hear more about the adoption and use of KPI’s to facilitate change in the responsible supply chain, how it can reach into the factory and extend all the way to the Boardroom and what the new ecosystem may look like.

Register here

This webinar is part one of the 2014 series of lessons on KPI’s.  A preview of an e-learning lesson is also available here.  In addition, ELEVATE will present the second part, on the new analysis required to become predictive, at its Leadership Seminars in Los Angeles on June 18, London on July 15 and New York on August 5. 



ELEVATE is a global professional services firm that specializes in supply chain social, environmental, and business performance. A recognized industry thought leader, ELEVATE believes that sustained impactful improvement in social and environmental performance requires sincerity of intent and a responsible balance between maximizing financial return and meeting supplier responsibility requirements. ELEVATE calls this: Business Driven Sustainability. ELEVATE’s mission is to help brands and retailers design and implement customized programs that identify risk and improve supply chain performance. ELEVATE strives to help companies for from reactive to proactive and predictive.





Mark Jones