Caux Initiatives for Business (CIB) encourages business leaders, young professionals, NGO representatives, trade unionists, experts and decision makers to work together to bridge the gap between the theory and practice of values - in personal conduct and in economic life.
From poor banking to banking for the poor
Bank manager Jeyes Parthiban from South India argues that the banks can do much more with microfinance to help the poor lift themselves out of poverty.
View a short film about him, ‘Banking for Change’ by Pilgrim Films.
Human development: a necessary next stage in banking
Robert Dellner, a former Managing Director and global unit head in a merchant bank and now an organisational and cultural development specialist, calls for a new culture in banking that encourages the human development of bank staff. More..
Bernard Lietaer, author 
of The Future of Money (translated in 18 languages), is an international expert in the design and implementation of currency systems. He has studied and worked in the field of money for more than 30 years in an unusually broad range of capacities including as a Central Banker, a fund manager, a university professor, and a consultant to governments in numerous countries, multinational corporations, and community organizations. Watch on YouTube More..
What Money Can’t Buy: The Moral Limits of Markets
Michael Smith, head of business programmes at Initiatives of Change UK, reviews Michael Sandel's book in Financial World magazine. Read review>>
Lessons from the banking crisis: towards an ethical capitalism that delivers the common good. .
Read review>>
Whoops! by John Lanchester, Penguin Books
Read review>>
A new phase in the governance of Initiatives of Change International started today, 1st October 2010, with the commencement of a new International Council operating within a new leadership structure.
The organizational structures of Initiatives of Change (click for larger version)The new structure formally brings together the spiritual with the legal/administrative leadership of the movement which had previously been shared by an (informal) International Council and a (formal) International Association.
At the core of Initiatives of Change is the belief that anyone can take significant initiatives to bring transformation where it is needed, by starting the process of change in their own lives – and, for many, that there is a transcendent power which can guide and enable that change. Beyond these individual commitments is a shared vision for change and the will to work together to make an impact where it is most needed in the world. This is the impetus behind an evolving quest for adequate leadership to match the shared vision.
In the new structure, governance of Initiatives of Change International is in the hands of an elected International Council made up of 9–11 members chosen by a Global Assembly which meets for 2-3 days each year. The Global Assembly is made up of representatives of each of the member organizations of Initiatives of Change International, and is its supreme body.
Rajmohan Gandhi continues as the Association's President until the end of 2010. Day to day leadership and management is delegated to an Executive Team of four, including the Executive Vice President (Edward Peters, who succeeds Dick Ruffin) and Treasurer (Lorne Braun). Members of the Council may have particular portfolios and be supported by standing committees made up of people outside the Council.
These new structures were formally adopted in the form of a revised articles of association by a meeting of the International Association of Initiatives of Change on July 24 2010. This followed a wider grassroots consultation over the previous year, culminating in a week-long Global Consultation in Cluj, Romania in April 2010.
Read more about the new structures of Initiatives of Change here.