Gib Hedstrom spent the first five (of his 20) years at Arthur D. Little as a member of ADL’s Strategy and Organization practice – working extensively on organizational change. Examples include…
During 2015 and 2016, we worked closely with Sims Metal Management to craft a Board Commitment to Safety, Health, Environment, Community and Sustainability. This first-of-its-kind personal document and signed commitment by board members is cascading throughout the organization, which demonstrates that the company is very serious about sustainability.
We have worked with many companies over the past 20 years to develop or strengthen their sustainability reward and recognition programs. The best of these programs have a “Chairman’s Award” (or equivalent) that is viewed within the company as a very big deal. During 2016, Gib Hedstrom also served on the panel of external judges for Johnson & Johnson’s annual sustainability awards.
Nothing drives organizational change like C-suite compensation. Unfortunately, too few companies utilize this powerful tool. At Hedstrom Associates, we have worked with companies across many industry sectors in crafting incentive compensation programs that allocate a portion of that compensation based on safety, environmental, community, and sustainability performance. Often this incentive compensation is tied to concrete goals and metrics.