KEY MANAGEMENT CHALLENGES IN CONFLICT ZONES

1 Dealing with repressive regimes – what are some of the issues that companies need to consider in deciding whether to invest or disinvest in countries with repressive or corrupt regimes? What actions can they take to operate in accordance with international standards and encourage better governance if they decide to invest in such countries? 

2 Benefiting from ‘war economies’ – are a company’s investments and operations helping to fund or sustain a war economy? If so, what actions – individually or collectively – can be taken to limit negative impacts and improve the situation?

3 Developing a nation’s strategic assets – how can companies that are developing a nation’s natural resources or infrastructure
influence the distribution of costs and benefits from these strategic activities and manage the negative social, economic and environmental impacts associated with the ‘honey-pot’ effect of large-scale projects?

4 Managing security arrangements – how can companies best manage their security arrangements, either with state or private
security forces, in a manner that protects their own staff and assets without undermining the security of people in surrounding communities and especially without causing human rights violations in these communities?

5 Facilitating or facing criminal activities – what measures can companies take to limit the risk of being a target or conduit for criminal activities?

6 Tackling corruption – how can companies address the challenge of bribery and corruption in their own operations, in the countries in which they are investing, and at the international level?

7 Supporting humanitarian relief operations – what type of contributions can companies make, either through their commercial
or social investment activities, to contribute to humanitarian needs and disaster relief? 

8 Engaging in diplomacy and peacemaking – is there a role for the private sector, either on an individual or collective basis, in the sensitive area of diplomacy and peacemaking? If so what are some of the issues to consider? 

9 Rebuilding trust – how can companies help to protect or rebuild social capital, such as interpersonal relationships and formal and informal networks and associations, which may be threatened or destroyed in situations of conflict? 

10 Creating cross-sector dialogue and partnerships – what types of relationships can companies establish with civil society and
governmental organisations to address areas of common interest in preventing or resolving conflicts? 

11 Ensuring accountability – in conflict situations what are some of the key issues that companies need to consider in measuring and reporting on their impacts to a wide range of stakeholders? What are some of the most effective tools or mechanisms for engaging with these different stakeholders? 

12 Limiting the means to wage war – what role do defence and other industries have in helping governments to decrease and control the trade in arms, remove arms already in circulation and undertake security sector reforms?

 

The above material is extracted from the "Executive summary" of: 

The Business of Peace: The private sector as a partner in conflict prevention and resolution  

Jane Nelson/The Prince of Wales Business Leaders Forum [now International Business Leaders Forum], International Alert, Council on Economic Priorities, 2000, p. 9.

© 2000 The Prince of Wales Business Leaders Forum, International Alert, Council on Economic Priorities