Hello CCSD Community
Check out this week’s content below. We hope you find it informative and inspirational.
In the news
Video from the 2015 Conscious Capitalism Australian Summit. Patagonia on Striving Towards Responsibility for All Stakeholders – Jill Dumain of Patagonia shares how the organization pushes to succeed in business by doing good for the planet and its people with our fellow Conscious Capitalists down under.
From a brain science perspective – “When a corporate culture is trust-based (even implicitly), it makes things easier on the amygdala, especially during stressful economic times. Thus high-trust corporations are preferable to high-fear corporations. Add to this the fact that high-trust organizations have been shown to outperform low-trust organizations by 286 percent in total return to the shareholders. Thus, the case for activating the trust-brain rather than the conscious or unconscious fear-brain becomes even stronger, especially in these stressful economic times.”
The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public – Lynn Stout debunks the “myth” that law states corporations are required to maximize shareholder value. She also takes a look at new models of corporate purpose that better benefit all.
“It’s not choosing the ‘right’ path that matters. It’s knowing what ignites your passion. Once you’ve figured out what brings you joy, you don’t have to worry about finding the right path. Any path—any path—will take you there.” ~ Ron Shaich, Founder & CEO, Panera
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