Go Back to the Blog Principles of Conscious Capitalism
Rui Terroso - CEO |

Principles of Conscious Capitalism

After reading and studying the book and thesis - Conscious Capitalism by John Mackey, founder and CEO of Whole Foods and Raj Sisodia - who fully identifies my cause in business, it has been an inspiration in decision making in my day to day and Living Tours.

 

It is a global movement that exists to Transform the World through the inspiration of Conscious, Sustainable, and Innovative businesses.

 

Conscious capitalism understands business as a way of creating value for people - companies are made by humans to help humans.

 

The principle shows organizations should have a social purpose, focused on the community and all its stakeholders or everyone with whom they relate: Employees, Customers, Investors, Suppliers, Community and Environment.

 

 

1. Companies must have a Major Purpose which contributes to Society
 

A greater purpose is the key in attracting and retaining talent, who are aligned with the organization's values ​​and see a role in daily social transformation.

The goal is to make our world a better place and raise humanity to a higher standard!

Having a greater purpose, brings to the surface the best that people have to offer for the benefit of all people, whose lives are touched by the Organization.

 

 

Having a greater purpose defines the company's role for society. In a scenario of people who increasingly question their own purpose, are not satisfied with a good salary and professional stability, they have a much greater ambition for the impact they can generate in the world with their actions.

 

2.  The most important part of the business is our relationship with stakeholders
 

To create balanced value for all stakeholders or everyone with whom the company relates to.


A conscious company - it has rewards: It shows that it is on the right side, that it is a force for good and that it is part of the solution.

Results:

Team members: Deeply involved, committed, inspired and healthy

Customers: Highly loyal and self-confident

Partners: Committed, Innovative and Profitable

Communities: Prosperous and welcoming

Environment: healthier and more prosperous today and for generations to come

Investors: With greater long-term financial performance

 

 

3.  A conscious leadership and committed to social transformation

Leadership must be based on purpose, inspiration, care, and compassion. The role of the leader should be a disseminator of the company's culture.

 

When organizations are led by individuals driven by the company's evolutionary purpose, this creates peace and happiness in the individual, respect and solidarity in the community, mission, and achievement in the business.

 

Above all, being a leader is to serve the organization's purpose by creating value for all its stakeholders, promoting a Conscious Culture, and allowing a motivated team to be capable of great achievements of high impact for society.

 

Serving leaders are aware of the importance of serving to help their organizations achieve their greatest potential. They also know that helping others leads to greater personal fulfilment and happiness.

 

 

4.  Responsible culture with values ​​in action

The full stage of conscious capitalism is to have associates, who can experience, on a daily basis, the company's major purpose.

 

In this model, the company becomes a transforming agent in society through people who act oriented towards values ​​that end up spreading to spheres external to the company itself.

 

The feeling the company puts into practice what is considered as purpose, fosters a relationship of full trust of associates in the company, as well as a differentiated commitment of people.

 

| Living Tours




Did you like it?

Average votes: 4.25 of 5


Go Back to the Blog
X
logo living

5% DISCOUNT

ON YOUR FIRST EXPERIENCE WITH US

On selected products

newslatter image
Manage cookie preferences
Your privacy
Strictly necessary cookies
Analytical Cookies
Advertising Cookies
Your privacy

This tool allows you to enable or disable various types of cookies on the site. On the left, you can browse through the various cookie groups and enable or disable each group individually. For more information on how we use our cookies, see also our privacy policy

Allow All
Confirm preferences
Manage cookie preferences
Your privacy
Your privacy


This tool allows you to enable or disable various types of cookies on the site. You can browse through the various cookie groups and enable or disable each group individually. For more information on how we use our cookies, see also our privacy policy This tool allows you to enable or disable various types of cookies on the site. On the left, you can browse through the various cookie groups and enable or disable each group individually. For more information on how we use our cookies, see also our privacy policy

Strictly necessary cookies
Analytical Cookies
Advertising Cookies
Allow All
Confirm preferences