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BIGGBY® COFFEE: The journey towards a people-centered company
Along with the rise of mission-driven leadership comes an abundance of business movements centered around purpose: Environmental, Social and Governance (ESG), Benefit Corporation (B Corp) certification, etc. As such, it can be difficult for leaders to understand exactly what it means to be driven by a succinct mission and to shift their focus from profit to purpose. For many, conscious capitalism or stakeholder capitalism is that umbrella appellation that integrates the belief in pro-capitalism while promoting social and environmental impact. Let’s dive deeper and take a look at a modern-day, purpose-driven business model in action.
Kent Gregoire Of Symphony Advantage On the Five Things You Need to Be a Highly Effective Leader During Uncertain & Turbulent Times
Integrate your company’s purpose and stakeholders into your operating system. A company won’t be able to unleash its full potential and make it through difficult times if its higher purpose and stakeholders aren’t fully integrated at all levels of the company. And, your mission and stakeholder can’t just be a program or initiative on the side. They have to be at the very core of your operating system in order to create the kind of impact (and associated engagement and performance) you seek.
7 Way for CEOs to Shift from ESG to Conscious Capitalism
In the midst of a global pandemic and economic uncertainties, the need to effect true, meaningful change is greater than ever. But, when ESG initiatives aren’t enough, how can businesses play a concrete role in advancing society? This is where conscious capitalism comes in.
Avoiding Burnout By Adopting A Holistic Approach To Growth And Development
Ending burnout means reconciling the two sides of ourselves into one person equipped with the tools needed to fulfill the many roles we play. This is essential for maintaining not only our passion but also our overall health and well-being. But what resources are available to help us accomplish this? Here are my recommendations for finding your approach to this holistic mindset.
4 Action Steps to Unleash the Full Potential Of Your Company's Higher Purpose
What does solving a worthy issue mean to your company? What does success look like? These are important questions to answer if you wish to make a meaningful impact.
Position your company to do well by doing good by focusing on the triple bottom line of people, planet and prosperity.
Ten New Year Resolutions to Be a Better Business Leader
As one year ends and another begins, many of us like to reflect on the last 12 months and what we want to accomplish in the next 365 days. I encourage you to join me in unleashing the entrepreneurial spirit for good by adopting these ten resolutions.
How To Unleash The Full Potential Of Conscious Capitalism: Values, Habits And Purpose
Many companies are pivoting toward conscious capitalism, and for a good reason. After all, 7 in every ten consumers demand it. It’s also proving to be a powerful motivator for talent attraction, retention and engagement. With the rise of more caring leaders and executives, there’s a profound shift happening right now within the entrepreneurial community.
How Can Conscious Capitalism Drive Innovation in Your Company?
Conscious companies strive to optimize value for all their stakeholders in equal measure, not just their shareholders or leadership team. The reason why they operate this way is to maximize impact, their mission being to address a worthy societal or environmental issue.
10 Tips to Address Employee Disengagement Through Conscious Capitalism
Employee disengagement costs money and tanks productivity. Turn it around by doing good.
Care and growth: Companies that get these two things right in their culture are well on the way toward promoting meaningful employee engagement.
How to Grow as a Conscious Leader
In the last 15 months, how CEOs and companies showed up offered a new and powerful way for peers and customers to measure performance. Companies that demonstrated a lack of empathy, that remained silent or self-serving, whose leaders refused to share in the economic pain, risk finding their brands and reputations permanently damaged.
This growing trend is calling for more responsible and caring C-suites, which is at the cornerstone of the conscious capitalism movement.
How Conscious Capitalism Can Help the Planet
Too many companies place profits ahead of environmental stewardship, and we're experiencing the deadly consequences. While capitalism remains the most powerful system for stimulating human ingenuity and progress, it's also the most significant contributor to climate change.
What if there was a way that capitalism wasn't one-sided?
Stakeholder Management: A Great Way To Jump-Start Your Conscious Business
Many companies that are eager to align profit with people and the planet struggle with implementation beyond the definition of their purpose. They understand the why but struggle with the how.
So, the question remains, how can a company make the shift toward a win-win approach? A good start is to focus on the six essentials of conscious capitalism for each stakeholder.
4 Ways to Practice Business More Consciously
Does the idea of conscious capitalism sound too good to be true? In a world where people win at the expense of others, it's hard to imagine a win-win approach for all. When we do imagine this new reality, many struggle to understand where to start the transition towards a conscious capitalistic model.
Here are four concrete actions entrepreneurs can take today to embark on this rewarding journey.
The Four Tenets of Conscious Capitalism
Today, the richest one percent owns 44 percent of the world’s wealth, while 36 percent of the population lives in extreme poverty. Inequality is growing for more than 70 percent of the global population, exacerbating the risks of divisions and hampering economic and social development.
In this context, I believe that we have reached a clear outcome of the original version of capitalism, and it’s time for an evolution. I also believe that Conscious Capitalism offers an alternative that can align business with people, profit and the planet.
How to Run a Successful Business While Simultaneously Elevating Humanity
Kent Gregoire is an Entrepreneurs' Organization (EO) member in Boston and founder of Symphony Advantage, which helps CEOs achieve ongoing personal and professional success through strategic thinking, advice and planning. Kent recently became only the seventh certified Conscious Capitalism consultant globally. As such, he helps organizations unleash their spirit of doing business for good by working with leaders to uncover hidden potential that benefits all stakeholders. We asked Kent about his experience with Conscious Capitalism. Here's what he shared...
Announcing Certified Consultant Kent Gregoire
Kent brings tremendous experience to his consulting both as a successful life-long entrepreneur and a long-time advisor and coach to other CEO’s. Kent’s abilities were on full display in the case study that earned his certification. He was brought into a company in a very perilous time and in a matter of months helped the executive team to work through trust and communication issues (compounded by family dynamics) to find a way to right the ship before setting course toward a shared vision for the enterprise...