Recommended
More Related Content
What's hot
What's hot (20)
Similar to Business with a Soul Approach to Capitalism
Similar to Business with a Soul Approach to Capitalism (20)
More from Archersan
More from Archersan (20)
Recently uploaded
Recently uploaded (20)
Business with a Soul Approach to Capitalism
- 1. Business with a Soul: A New Approach to Capitalism
- 4. We Believe… • Business is good because it creates value; • It’s ethical because it is based on voluntary exchange; • It’s noble because it can elevate our existence; • And it’s heroic because it lifts people out of poverty and creates prosperity.
- 7. Purpose: Advance the understanding and practice of Conscious Capitalism in Northern Nevada. How: Outreach, support, storytelling, and advocacy Northern Nevada Chapter
- 9. FoE companies listed in the book outperformed the S&P 500 by 14 times and Good to Great Companies by 6 times over a 15 year period. *Firms of Endearment
- 11. How?
- 14. “ People will work for a paycheck, but they will commit to a cause.
- 15. Higher Purpose Is… H Heroic E Evolving A Aligning L Loving I Inspiring N Natural G Galvanizing
- 16. Case Study: Waste Management • Old: “Helping the world dissolve of it’s problems.” • New: “Looking for innovative ways to extract value (in the form of energy and materials) from the waste stream.”
- 18. Stakeholder Model S Society P Partners I Investors C Customers E Employees E Environment
- 19. Purpose and core values Team member happiness Partnerships with vendors & suppliers Satisfied & delighted customers Community & environmental responsiveness Motivated investors Motivated team members Innovation and service Quality products Good value Sales growth Profits and growth Corporate citizenship Giving back Congruent values Increased job satisfaction
- 21. “ The most power leadership tool you have is your own personal example.
- 22. Qualities of Conscious Leaders S Selfless E Enthusiasm L Long-term orientation F Flexible L Loving and caring E Emotional Intelligence S Systems Intelligence S Spiritual Intelligence
- 24. “ Your personal core values define who you are, and a company’s core values ultimately define the company’s character and brand. For individuals, character is destiny. For organizations, culture is destiny.
- 25. Cultures of Conscious Businesses T Trust A Authenticity C Caring T Transparency I Integrity L Learning E Empowerment
- 26. Strategy Culture
- 28. Events • Conscious Coffee Chats o First Fridays, 7:30am-9:00am, Riverside Hub o Upcoming Chat: December 1st • Conscious Business & Leadership Workshop o Q1, 2018 (stay tuned for dates!) • Ambassador Training Workshop • Q1, 2018 (stay tuned for dates!)
- 29. Other Ways • Become a Member • Serve as an Ambassador • Join the Board
- 30. Q&A
Editor's Notes
- Took out #CCMeetsNNV
- Section 1: Introductions - You - CC - Chapter
- CC is three things all at once… a movement
- A philosophy… the four tenets to create a conscious business.
- An organization… Conscious Capitalism: A movement aimed at freeing the heroic spirit of entrepreneurship CCI: A non profit organization focused on changing the way business is practiced and perceived globally CCNNV: Part of a global chapter network. Our purpose is to advance the understanding and practice of CC in NNV. We’re creating a local community of conscious capitalists, we’re providing education and we’re connecting people with resources to help them practice CC.
- 1984: R. Edward Freeman publishes Strategic Management: A stakeholder approach 2005: FLOW is founded by John Mackey and Michael Strong to “Liberate the entrepreneurial spirit for good.” Includes 3 projects – 1 being CC 2007: Raj Sisodia and David Wolfe publish Firms of Endearment and John Mackey publishes a white paper “Conscious Capitalism: Creating a New Paradigm for Business”, first gathering of thought leaders to discuss growing this movement 2010: FLOW projects are split into separate entities – Conscious Capitalism, Inc. is born 2012: John Mackey and Raj Sisodia publish “Conscious Capitalism: Liberating the Heroic Spirit of Business”. First chapter launches in Australia. 2016: CCNNV launches Today: 24 chapters in the US, 12 international chapters – including: Australia/new zealand, brazil, Cananda, chile, mexico, costa rica, Denmark, germany, israel, South Africa, Spain, United Kingdom
- Strongest in asia pacific 64%, latin america 63%, and africa 63% North america 42% and europe 40%
- A call to adventure…. What if we changed the narrative of business? What if we changed the way business is practiced? What if we changed the way business is perceived?
- First by sharing the conscious capitalist credo… if that resonates… then By introducing individuals and leaders to the tenets of conscious capitalism Then by helping them intregrate these principles into their role, the way they lead, and the way their business operates Introduce 12 steps
- Higher purpose is your company’s reason for existence apart from profit. It’s a definitive statement about the difference you’re trying to make. Ask: What’s the benefit of having a higher purpose? Glue that holds org together Magnet that attracts the right people Reduces friction within org. and its ecosystem Gives energy and relevance to org and people Feel good about what youre doing and why you’re investing time, energy and money Greater levels of creativity, collaboration, diligence, etc. Without it: Lost identity Process over purpose – people fee like cogs in the machine.
- Simon Sinek, Author – Start With Why and Leaders Eat Last
- Stakeholder Integration – it’s a way of thinking. A mindset. Orientation of stakeholder versus shareholder – focusing on the good of the system It’s taking a long-term versus short-term view It’s relational instead of transactional Primary stakeholders 5-7/ secondary handful Primary are almost always customers, employees, shareholders/investors (if applicable) Maybe environment, suppliers, vendors – depending on business Others: Community, government, etc.
- Here’s an example of a stakeholder map from WholeFoods
- Conscious Leadership
- John Wooden, Basketball Coach UCLA, TED Talk Speaker
- Conscious Culture
- Tony Hsieh, CEO, Zappos
- CC is three things all at once… a movement
- CC is three things all at once… a movement