In this New York Times and Wall Street Journal best seller, Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today's best-known and most-successful companies, they illustrate how these two forces can - and do - work most powerfully to create value for all stakeholders, including customers, employees, suppliers, investors, society, and the environment.
Conscious Capitalism helps us better understand how companies such as Southwest Airlines, Costco, UPS, Panera, Patagonia, Google, The Container Store, and many others, use four specific tenets - higher purpose, stakeholder integration, conscious leadership, and conscious culture and management - to build strong businesses, advance capitalism toward its highest potential, and foster a more positive environment for all of us.
©2013 Harvard Business School Publishing Corporation. Recorded by arrangement with Harvard Business Review Press. (P)2014 HighBridge Company
Great conceptual approach to balanced management.
Although my initial motivation to listen to this book was to learn more about Whole Foods and about John Mackey from investment standpoint in the company's stock, this book could be closely compared to "Good to Great", in fact John Mackey references it at some point, particularly the time aspect and how long it takes to build a conscious company. Similar to many other books including "Good to Great", it is hard to ignore the fact that the theories presented are not bulletproof and still subject to many other economic, regulatory and industry headwinds, the book, nevertheless portrays a very well structured approach to balanced management. Although based on Whole Foods example, it doesn't overly fixate on Whole Foods rather uses Whole Foods as an example to support the conceptual theories that should be considered as a part of balanced management approach by leaders in general. The book addresses important key elements of culture, employee relations, transparency, strategic initiatives and more. Certainly one of the best Leadership and Management books I've come across as well as an easy read.
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