It’s Never Been More Important for Big Companies to Listen to Local Communities

Harvard Business

Look no further than the recent protests against the completion of the Keystone and the Dakota Access pipelines , or the opposition that stopped the development of the Cape Wind Associates’ offshore wind farm in Nantucket Sound. Clearly, the failure to recognize the risk of social conflict can cost millions of dollars and set investments back by years. Doing so starts with understanding the systemic nature of social risk and the ramifications of each decision a company makes.