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
The only reason I would hesitate to listen to this again would be the narrator. I just don't like his voice but there's nothing that can be done about that so, yes, I would have to listen to it again as there are so many valuable lessons here. You have to feel what it means to have a conscious business. It can't be faked.
Uncontained, Start with Why, Leaders eat last, Delivering Happiness
No. I don't like the man's voice.
Yes, the part where they had the flood and how the community reacted.
I hope everyone runs their business this way in the coming years. I know I will.
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.
This books gives necessary insight into the future of capitalism. The author is both informative and inspirational. Excited to implement these ideas in my organization!
a guiding light on the importance of identifying a higher purpose for organization beyond profits for short-sighted investors. We need more books like this. It's not just about enhancing shareholder value in financial markets. It's about building value for investors, suppliers, employees, and customers. Many metrics focus only on producing sexy 10-Q's. This book inspires readers (conscious leaders) to focus on new, innovative metrics to achieve the company's higher purpose.
This is a great appeal for businesses to be conscious of the affect they have on the lives of their employees, suppliers, customers, and their families. It encourages long term thinking and emphasis on adding value to society as a whole. The book does not advocate for corporate versions of socialism, and it does not lose sight of the need to make a profit.
My only criticism of the book is going a bit too far, in my opinion, with pleas for "love" in the workplace. I think I get his point, but I think the use of that term clouds the issue in misconception.
I highly recommend this book for business owners and those who think business owners are evil. Enacted responsibly, capitalism is good for all of us.
My marketing, branding, and culture work helped my clients create a combined total of $7 billion in new revenue.
They always stopped short of going the distance and heeding my admonitions to do the culture work and treat customers, staff, suppliers, sales people, and others in ways similarly outlined in this book. They just wanted the money and the success now!
Ultimately, due to their shortcuts and short sightedness, they all paid a painful price when their growth phase was cut short, their sales dropped rapidly, and their competitors gobbled the spillover.
I no longer will help a company grow that doesn't want to apply these values. I've read hundreds of books and this one is now required reading for any new client. It gives us common language and a measure of proof that the old days and ways of doing business in the 20th Century are as outdated as a rotary phone.
If you care about your business you'll read this book or weep when you lose it to others who apply the principles. Doubt it to your detriment or embrace it to your long-term success.
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