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Tom McCoy, executive vice president for legal affairs and chief administrative officer at AMD, the conference’s presenting sponsor and co-chair |
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| Tom McCoy, executive vice president for legal affairs and chief administrative officer at AMD, the conference’s presenting sponsor and co-chair, opened the proceedings by issuing a challenge to participants: Why are you here? Did you come to share, to learn, to teach, to make a friend or meet a friend? Who are you, and what do you and your organization stand for? What is corporate citizenship? What will you do when you leave this conference?
Providing one answer, McCoy urged participants to be “a thermostat for positive change” in their companies and in the world outside; to be inspired by others; be accountable for acts of significance; be leaders. Corporate citizenship, he stressed, is an outcome of great corporate cultures. And conference participants, he said, “have the power to shape culture, beginning with the culture of our own organizations." Citing the failures of corporations such as Enron and WorldCom, McCoy noted that corporate culture couldn’t be more important because, although companies must do all they can to be successful, this cannot be at the expense of their values. Principle is more important than success, he stressed.
McCoy then talked of AMD’s commitment to using its expertise to make a difference; the company has begun developing technical solutions "that are affordable and empower people to make the world better for themselves, and their children, and their children's children." Rather than doing this alone, AMD is working in partnership with governments, nongovernmental organizations, and local grassroots groups, because, as McCoy said, “There is inadequate power in AMD alone, but infinite power in unity.” He also stressed that AMD “is not doing this work for free; we’re marrying profit with doing good and using our profit to fund the good work.”
McCoy concluded by exhorting the participants to do good work and work together. “There’s little power in one company,” he said. “It’s the power of the network in this room that leads to great accomplishment.”
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