Major companies Ford, Johnson & Johnson, and Johnsonville Sausage all faced substantial crises in the course of their operations that forced them to reevaluate the core purpose of their businesses. The ways each company handled their situations can provide guidance for business leaders today. … Read More
When speaking of the movement of businesses doing good in the world, the movement is really based on people using business as a force for good, on people making a difference and demanding more from companies.
The beating heart of this movement: The inspirational business leaders at the vanguard of pushing their own enterprises to do better. John Mackey of Whole Foods Market, Yvon Chouinard of Patagonia, Mary Powell of Green Mountain Power, Mandy Cabot of Dansko — these are a handful of the names synonymous with conscientious business leadership. They are joined by thousands of thought leaders seeking ways to include more women in business, recognize and address inequality and seek a more inclusive economy. These are the people who use their positions to address the environmental and social issues that surround us all. Learn more about business leaders who have found benefits from becoming Certified B Corporations and committing their values into their companies in our free report.
Community leaders join these business executives in combined efforts to create a positive relationship between enterprises and the communities in which they operate. Community building is a tenet of many socially conscientious businesses. Cooperative Home Care Associates springs to mind as a strong example, as does Greyston Bakery, both of which operate in New York. The inspirational business leaders at the helm of these companies provide jobs to those often considered “unemployable,” giving their employees the chance to improve their lives and, in so doing, bettering the community in which their employees live.
The relationship between government and business cannot be ignored. Government leaders also have a role to play they can join in the movement of people using business as a force for good by enacting legislation that allows and supports businesses to do the most good possible. For example, the passing of benefit corporation law gives business the opportunity to voluntarily commit to all of its stakeholders, including the community, customers and environment, instead of solely to shareholders’ fiduciary returns.
Athletes and celebrities also have a part in this movement. As role models who live, for better or worse, under society’s microscope, their promotion of businesses that authentically seek to better the world in which they interact has the potential to widen the conscientious business movement to new sectors of the global population. Athletes such as Chanelle Sladics and actors like Hugh Jackman and Jessica Alba have already become involved as ambassadors or as founders of their own socially responsible companies.
Last but not least, all consumers, employees and global citizens with a passion for this movement is a part of propelling it forward. Each voice adds to the volume of the chorus for change.
Lisa Hall, former president and CEO of Calvert, is now a Co-Managing Director of Impact Investing with Anthos Asset Management. At both firms, she has developed ways to invest in women, empower female investors, and move the conversation from charity to social investing. … Read More
In this episode, Ryan Honeyman interviews Birju Pandya, a thought leader on the nexus of money, social good and inner transformation. … Read More
Because of advancements in access to information and the availability of resources, individuals no longer need to be big to accomplish big things. This new wave of dynamic influence is changing the way leaders are recognized. … Read More
“Static influence” holds that influence is created by those in power, and those with power have it because of their possessions, pedigree or existing position. But this paradigm of influence is shifting as time progresses and new perspectives become necessary. … Read More
Entrepreneurs are known for being bold leaders with aspirational views. Yet oftentimes, the qualities that make them so successful can also be hindrances if not put into action effectively. These lessons can help business leaders avoid the pitfalls of starting a new endeavor. … Read More
In this episode of Next Economy Now, Shawn Berry, a partner at LIFT Economy, interviews John Abrams, founder and CEO of the South Mountain Company, a Design Build construction firm operating for over four decades on Martha’s vineyard. … Read More
As co-founder and CEO of Flat World Partners, Anna-Marie Wascher combines the philanthropic spirit of nonprofits, the sustainable business development models of microfinance, and her experience working as an investment consultant to shift the world of investing to focus on meaningful and profitable impact. … Read More
By looking toward productivity and community involvement, many boomers have found a new, activity-based form of retirement planning. It’s called “unretirement.” … Read More