conscious capitalism

A Quote by Bill Drayton on ideas, social entrepreneurship, entrepreneurship, and conscious capitalism

What is the most powerful force in the world? And I think you would agree that is a big idea if it is in the hands of an entrepreneur who is actually going to make the idea not only happen, but spread all across society. And we understand that in business but we have need for entrepreneurship just as much in education, human rights, health, and the environment as we do in hotels and steel.

Bill Drayton

Source: Interview with Bill Drayton: http://www.ashoka.org/node/1027

Contributed by: ~C4Chaos

A Quote by Bill Drayton on entrepreneurs, entrepreneurship, and conscious capitalism

Entrepreneurs cannot be happy people until they have seen their visions become the new reality across all of society. They learn how to master whatever skills are necessary. I am, for example, modestly an introvert. However, I spent most of my days dealing with people. It helps hugely that my daily interactions are with wonderful, caring, creative entrepreneurs from whom I learn and with whom I connect. My decision to commit to the Ashoka vision turned in part on recognizing how important this balance would be. My escape for long backpack trips in the wilderness also helps. And so, of course, does finding colleagues who are complements–and with whom I and our values-based entrepreneurial community share so much that the fit works.

Bill Drayton

Source: America's Best Leaders: Q&A with Bill Drayton, founder of Ashoka: http://www.usnews.com/usnews/news/articles/051022/22drayton.htm

Contributed by: ~C4Chaos

A Quote by Fred Kofman on conscious business and conscious capitalism

Now,the truth is that in order to make more money,I believe you have to face what’s really going on,you have to share truthful information,and you have to bring the conflicts to the surface and deal with them creatively and respectfully. You don’t have a choice. Your only other choice is not to be as effective or as profitable as you could be.

My private agenda was to suggest that in order to make money you have to serve other people – for me that’s the beauty of conscious capitalism. The essence of business is to serve the customer and give the customer more value than the cost of your product – or more value than what they have to pay to acquire your product or service. So the key is not so much what you are doing,but how you are doing it.

Fred Kofman

Source: Sounds True Interview with Fred Kofman: http://store.soundstrue.com/interview-kofman.html

Contributed by: ~C4Chaos

A Quote by Fred Kofman on business, conscious business, conscious capitalism, and work

What would a conscious business environment look like?

The most significant observation would be the total absence of abuse,shame,and threat. People would take responsibility for their behavior and deal with each other honestly and respectfully. They would hold themselves and each other accountable for adhering to some set of agreed-upon values and for working toward an agreed-upon vision. Deviations and errors would be an opportunity for learning and growth,rather than an excuse for blame and punishment.

There would still be problems,people that don’t get along,and losses. A conscious business environment is not a Garden of Eden where everything is always blissful. The marketplace is a turbulent place with no guarantees of success. The main difference displayed by a conscious business environment is that in addition to the drive to achieve their goals,people would experience also the commitment to operate according to their values. This commitment is the source of unconditional dignity that would give the organization and its members a core of luminosity from which to extend into the world.

A conscious business environment would be a challenge,an invitation to develop people’s physical,emotional,mental,and spiritual spheres. The conscious organization is a crucible where people refine themselves through service and partnership. As Khalil Gibran would say,a conscious business is a place where it becomes obvious that work is “love made visible.”

Fred Kofman

Source: Sounds True Interview with Fred Kofman: http://store.soundstrue.com/interview-kofman.html

Contributed by: ~C4Chaos

A Quote by Yvon Chouinard on conscious business, business, conscious capitalism, risk, environment, and sustainability

I had always tried to live my life fairly simply and by 1991, knowing what I knew about the state of the environment, I had begun to eat lower on the food chain and reduce my consumption of material goods. Doing risk sports had taught me another important lesson: never exceed your limits. You push the envelope and you live for those moments when you’re right on the edge, but you don’t go over. You have to be true to yourself; you have to know your strengths and limitations and live within your means. The same is true for a business. The sooner a company tries to be what it is not, the sooner it tries to “have it all,” the sooner it will die.

Yvon Chouinard

Source: Patagonia: Let My People Go Surfing: http://www.patagonia.com/usa/patagonia.go?assetid=5625

Contributed by: ~C4Chaos

A Quote by Yvon Chouinard on business, values, conscious capitalism, conscious business, patagonia, environment, and sustainability

I took a dozen of our top managers to Argentina, to the windswept mountains of the real Patagonia, for a walkabout. In the course of roaming around those wild lands, we asked ourselves why we were in business and what kind of business we wanted Patagonia to be. A billion-dollar company? Okay, but not if it meant we had to make products we couldn’t be proud of. And we discussed what we could do to help stem the environmental harm we caused as a company. We talked about the values we had in common, and the shared culture that had brought everyone to Patagonia, Inc., and not another company.

Yvon Chouinard

Source: Patagonia: Let My People Go Surfing: http://www.patagonia.com/usa/patagonia.go?assetid=5625

Contributed by: ~C4Chaos

A Quote by Yvon Chouinard on business, conscious business, conscious capitalism, ethics, values, and philosophy

While our managers debated what steps to take to address the sales and cash-flow crisis, I began to lead week-long employee seminars in what we called Philosophies. We’d take a busload at a time to places like Yosemite or the Marin Headlands above San Francisco, camp out, and gather under the trees to talk. The goal was to teach every employee in the company our business and environmental ethics and values.

Yvon Chouinard

Source: Patagonia: Let My People Go Surfing: http://www.patagonia.com/usa/patagonia.go?assetid=5625

Contributed by: ~C4Chaos

A Quote by Bill Gates on business, capitalism, conscious capitalism, conscious business, creative capitalism, corporations, and innovation

I hope corporations will dedicate a percentage of their top innovators' time to issues that could help people left out of the global economy. This kind of contribution is even more powerful than giving cash or offering employees' time off to volunteer. It is a focused use of what your company does best. It is a great form of creative capitalism, because it takes the brainpower and makes life better for the richest, and dedicates some of it to improving the lives of everyone else.

Bill Gates

Source: Bill Gates: World Economic Forum 2008: http://www.microsoft.com/Presspass/exec/billg/speeches/2008/01-24WEFDavos.mspx

Contributed by: ~C4Chaos

A Quote by Bill Gates on business, capitalism, conscious capitalism, conscious business, creative capitalism, corporations, poverty, and social enterprise

We are living in a phenomenal age. If we can spend the early decades of the 21st century finding approaches that meet the needs of the poor in ways that generate profits and recognition for business, we will have found a sustainable way to reduce poverty in the world.

Bill Gates

Source: Bill Gates: World Economic Forum 2008: http://www.microsoft.com/Presspass/exec/billg/speeches/2008/01-24WEFDavos.mspx

Contributed by: ~C4Chaos

A Quote by Bill Gates on business, capitalism, conscious capitalism, conscious business, and creative capitalism

As I see it, there are two great forces of human nature: self-interest, and caring for others. Capitalism harnesses self-interest in a helpful and sustainable way, but only on behalf of those who can pay. Government aid and philanthropy channel our caring for those who can't pay. But to provide rapid improvement for the poor we need a system that draws in innovators and businesses in a far better way than we do today.

Such a system would have a twin mission: making profits and also improving lives of those who don't fully benefit from today's market forces. For sustainability we need to use profit incentives wherever we can. At the same time, profits are not always possible when business tries to serve the very poor. In such cases there needs to be another incentive, and that incentive is recognition. Recognition enhances a company's reputation and appeals to customers; above all, it attracts good people to an organization. As such, recognition triggers a market-based reward for good behavior. In markets where profits are not possible, recognition is a proxy; where profits are possible, recognition is an added incentive.

Bill Gates

Source: Bill Gates: World Economic Forum 2008: http://www.microsoft.com/Presspass/exec/billg/speeches/2008/01-24WEFDavos.mspx

Contributed by: ~C4Chaos

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