Co-Founder, Editor and Writer
Marcy has worked as a scholar-practitioner, writer, educator, public speaker, and entrepreneur for more than 30 years, concentrating on complex organizations, politics, and the integration of civic moral values into corporate, investor, and philanthropic governance and accountability. Her sensibilities were forged as a politician’s and journalist’s daughter in Lansing, Michigan, where family and community ties taught her that civic virtue could be lived every day, despite disagreements over style and substance.
Throughout the 1970s, she developed programs to advance women’s opportunity and power, particularly low-income women; in the mid-1970s, she worked with Rosabeth Moss Kanter on women’s issues in corporations, including an action research project that became the basis of Kanter’s landmark book, Men and Women of the Corporation. Because of this work, in 1978 she was asked by Superintendent Robert C. Wood to assume responsibilities for the administrative reorganization of the Boston Public Schools, to bring it into compliance with Federal Court-ordered affirmative action goals.
After doing this and graduating with a doctorate from Harvard in 1983 on school desegregation and institutional reform, Marcy moved into the corporate / investor responsibility realm, concentrating on social justice and South Africa. As president of social investment services at Mitchell Investment Management Company, Marcy also concentrated on the range of social policy topics – fair labor practices (including Northern Ireland), consumer quality, environmental stewardship, community involvement, international human rights – throughout the 1980s.
At that time, her clients ranged from anti-apartheid groups to institutional investors and corporations. She also was widely quoted in the mainstream media for this work. In the 1980s and ’90s, she was a pioneer in linking the corporate governance movement with those engaged in corporate social responsibility / ethical investing.
To learn more about the roots of public pronouncements on “values”, Marcy was accepted for post-doctoral work at Harvard Divinity School in the late 1980s. She ended up teaching courses and running projects on values in public life at HDS throughout the 1990s, including a major project on the spiritual values of CEOs on Wall Street, in Hollywood, and in journalism that examined individual challenges to public leadership and civic moral obligations. During this time, Marcy also collaborated with Greg Dees on the early stages of Harvard Business School’s Social Enterprise Initiative, and the early development of the Kennedy School’s Hauser Center for Nonprofit Organizations. Throughout this period she also taught courses on the history and practice of philanthropy at Babson College, where her students were required to work in homeless shelters as a means of grounding their knowledge of management in service to others and the needs of nonprofit organizations.
Marcy is founding president of The Lighthouse Investment Group (1987), which consults on values-based fiduciary duty, stewardship, and social responsibility issues. In 2007 through 2008 she was an INSPIRE fellow at the Institute for Global Leadership at Tufts University, where she explored ways in which CSR could be linked to disaster resilience and recovery. In 2009-2010 she served as a Research Fellow at the Harvard Kennedy School Corporate Social Responsibility Initiative. While there she researched and co-wrote (with Bill Baue) The Accountability Web, a report on the intersection of Web 2.0 and corporate accountability that is being republished in two parts in The Journal of Corporate Citizenship. She also helped Bob Massie with the founding of the Consultation on Sustainability and Transparency in the U.S. (COST US), a nationwide network of leaders in the sustainability movement. She also has collaborated with the Harvard Islamic Finance Project on pathways between Islam, corporate responsibility, and financial stewardship.
In the world of practice, she has advised the Global Reporting Initiative, Ceres, Interfaith Center on Corporate Responsibility, KLD Research & Analytics, Council on Foundations (on civic moral values in philanthropy), Ford Foundation (on equity ownership for South African trade unions), The Boston Foundation (on the nation’s first community foundation responsible ownership policy), the New York State Comptroller (on implementing the MacBride Principles), and numerous other organizations, including corporations. In addition to her responsibilities for the Murninghan Post, she’s currently a Senior Research Fellow at AccountAbility, where she writes monthly trend reports and other thought pieces.
Within academe, Marcy’s held teaching and research appointments on “money, media, and morality”, philanthropy, responsible ownership and governance, and CSR and disaster response at Harvard, Babson, UNH, UMass Boston, and Tufts University. In 2009 and 2010, she audited courses at Harvard’s Graduate School of Education on the use of interactive digital technology to advance professional learning, civic engagement, institutional accountability, and social change.
Within public life, Marcy hails from a family of public servants and progressive Republicans. Her father, Max E. Murninghan, was a Purple Heart Marine in WWII, then a city councilor and mayor of Lansing, Michigan, during the 1950s and 1960s; her mother Patricia P. Murninghan was a journalist with the Kansas City Star and International News Service, later serving as an active volunteer and board member of many nonprofit organizations. Marcy’s grandfather, Joseph W. Planck, was an attorney, Michigan’s first Supreme Court Commissioner, onetime president of the State Bar of Michigan and Lansing Board of Education, and, earlier in his career, Lansing’s City Attorney. Marcy’s great-great grandfather Edgar A. Planck was a Michigan State Senator and committee chair as well as a doctor in southwestern Michigan / northern Indiana at the turn of the 20th century.
A fierce art lover, in her spare time Marcy enjoys museums, street art, perusing old graphics, fonts, and “ghost signs” on brick buildings, as well as swimming at Blodgett Pool, reading nonfiction, watching good TV, and staying in touch with friends.
- Post-Doctoral Fellowship, Moral Values, Institutional Behavior, and Public Life, Harvard Divinity School
- Ed.D. Administration, Planning and Social Policy, Harvard Graduate School of Education
- M.A., Organizational Management, Antioch University
- B.A., Religion, Albion College, including one year in Vienna via the Institute for European Studies