steve luczo - key note adress - "why focus on compassion in business?"
TRANSCRIPT
SteveLUCZO
Chairman, President and CEO
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•Seagate -- who we are, case study
•Compassion and
Connected Capitalism
AGENDA…
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Who Are We?
Hard Drive company
We enable the Cloud, mobility… the world
High Tech company
Commodity company
Open source hardware company
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We’re Global: 55,000 Employees in 24 CountriesSpringtown, N. Ireland
HQs, Admin and/or SalesDesign
Customer SupportDrive & Component Mfg
Oklahoma City, OK Teparuk & Korat, Thailand
Paris, France
Longmont, CO
Dublin, Ireland
Wuxi, China
Maidenhead, UK
Munchen, Germany
Shanghai, China
Tokyo, Japan
Beijing, China
Delhi, IndiaShrewsbury, MA
Suzhou, China
Taiwan
Amsterdam, Netherlands Shakopee, MN
Bloomington, MN
Fremont, CA
Science Park, Singapore
Johor & Penang, Malaysia
Woodlands, Singapore
Sydney, Australia
Ang Mo Kio, Singapore
Scotts Valley, CA
Gwanggyo, South Korea
Cupertino, CA
Manaus, Brazil
São Paulo, Brazil
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An Amazing Global Organization…
• Uses 45B components per year; 400+ major suppliers
• Delivers over 50M hard drives per quarter
• Serves 15.5M hot meals per year
• Buses employees over 1.5M miles per year (60x around globe)
• Supplier of the Year last year for “Social and Environmental Responsibility” at major customer
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•33+ years of deep roots, global footprint
• Nearly half-million people employed since 1979
• Annually, over past 20 years, 50,000 individuals and their families benefited from Seagate employment
The Human Impact of Our Business
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• …in our workplace and
supply chain
• Child labor avoidance, working hours, contract labor, ethics – leading-edge policies, procedures
• Workplace safety – 0.2 cases per 100 employees (7x better than industry!)
Focus on Human Rights
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Compassion in Our Communities
• “Capacity to Care” program…
– Focusing on local needs
– Providing the basics to the underserved
– Reaching out to the most vulnerable
Save the Bay • Wuxi Special Children Intervention Center • Habitat for Humanity Give2Asia
Rebuilding Together • Chao Yang Special School • Singapore Children’s Society
Turning Wheels for Kids • Second Harvest Food Bank • Holt Services Center • Ecology in Action
Suzhou Youth Center • A-Learn • Alameda County Food Bank • Youth Science Institute
Raks Thai Foundation • World Vision • Silicon Valley Community Foundation • Foyle Women’s Aid
Thai Fund Foundation • Red Cross • Chaipattana Foundation • Mayflower Primary School
Budding Artists Fund • China Youth Development Foundation • Age Concern Derry • ChildAid
Wuxi Women’s Association • The Haven • Maeyewool Community Children’s Center
Henderson Student Care Centre • Charis Hospice Penang • Ohlone Humane Society
Life Community Services Society • NTUC • Elderly Care Asia Community Services
Frontiers of Science Institute • Northern Colorado Medical Center • Crayons to Calculators
H.O.P.E. • Leukemia & Lymphoma Society • Sri Kenangan Home for the Elderly • Jacob’s Heart
O.U.R. Center • Imagine Foundation • Toys for Tots • Ride for The Roses • Soup Angels Expanding
Your Horizons • Action Works • Songkornpittayanikom School • Foyle Hospice
Northern Ireland Blood Transfusion • Simon Community • Save Our Shores • Salvation Army
St. Vincent dePaul • Big Brothers Big Sisters • Dove House • Simpson Housing • Starbase
Community Action Partnership • Volunteers Enlisted to Assist People • Family Giving Tree
Worcester County Food Bank • Minnesota Academy of Science • Wat Koodwien School
Prem Tinsulanonda Foundation • Scotts Valley Educational Foundation • Turning Wheels for Kids
Sungneon Municipality • Kudchick Municipality • Baan Parpheka School • Wat Bangkobua School
Baan Eau Arthorn • Shuo Wang Qiao School • Suzhou Educational Bureau
Wuxi New District Old Folks Home • Young Enterprise • Shan Children’s Home
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..and When Disaster Strikes
• Thailand floods 2011 and 2010
• Japan Tsunami 2011
• Haiti earthquake 2010
• Sichuan earthquake 2008
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Entering a War Zone: Northern Ireland
• 1993: 20+ years of “Troubles,” regional manufacturing down 40%; Seagate establishes wafer fab
Do the Right Thing
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Seagate-Northern Ireland Today
• Largest public employer in Derry… over 1,300 employees
• $1.1 billion capital investment to date
• Area rejuvenated – technology, creative digital media, tourism; UK’s first ever “City of Culture”
• Seagate, government, community:
Agents of Change
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What is Compassion?
• Reduce suffering
• Solve basic, preventable challenges
-- hunger, health, shelter, education
• Address human trafficking, exploitation
• Why less traction than environment, political crises?
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Mispricing of Compassion
• Lack of transparency
• Cost of inaction not clear
• Capital and resources flowing
inefficiently, not addressing root causes
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A Solution
• Connected Capitalism– Rewiring how business and
society relate
– Connect compassion, sustainability and core business
• Better leverages strengths of business, government, NGOs
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In an Uncertain World, Seagate Cares
• Leave here with call to action
New transparency on economics of compassion
Measureable results
Thank You