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

Harvard Business

Clearly, the failure to recognize the risk of social conflict can cost millions of dollars and set investments back by years. Yet the same companies that spend months and millions tweaking operational details devote only a small fraction of their resources to understanding and addressing the social risks they face. Doing so starts with understanding the systemic nature of social risk and the ramifications of each decision a company makes. Alice Potter/Getty Images.