On May 25th the life of an unarmed black man named George Floyd was taken by a white police officer. Now, 11 days later, the world continues to watch as voices are striving to be heard. Sadly, this cry for justice, for equality, is not new to our country. It has been passed along and pushed aside from generation to generation.
Yet, there is still hope for change. People from all races, classes, ages, countries are walking alongside their fellow black community members. People of privilege are listening and reflecting on this privilege and what it means to be anti-racist. Systemic racism is being acknowledged by some political leaders. Black organizations continue their tireless work to bring forth strategic actions and steps for change. The movement is spreading to several other countries. And, maybe for the first time in their respective histories, many large publicly traded companies, alongside many smaller sized and lesser recognized brands, are all taking a stand.
We, at Conscious Capitalism San Diego, strive to live and promote the values of doing business inclusively. And we must do more.
The Conscious Capitalism Credo states:
We believe that business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity. Free enterprise capitalism is the most powerful system for social cooperation and human progress ever conceived. It is one of the most compelling ideas we humans have ever had. But we can aspire to even more.
Conscious Capitalism is a way of thinking about capitalism and business that better reflects where we are in the human journey, the state of our world today, and the innate potential of business to make a positive impact on the world. Conscious businesses are galvanized by higher purposes that serve, align, and integrate the interests of all their major stakeholders. Their higher state of consciousness makes visible to them the interdependencies that exist across all stakeholders, allowing them to discover and harvest synergies from situations that otherwise seem replete with trade-offs. They have conscious leaders who are driven by service to the company’s purpose, all the people the business touches, and the planet we all share together. Conscious businesses have trusting, authentic, innovative and caring cultures that make working there a source of both personal growth and professional fulfillment. They endeavor to create financial, intellectual, social, cultural, emotional, spiritual, physical and ecological wealth for all their stakeholders.
Conscious businesses will help evolve our world so that billions of people can flourish, leading lives infused with passion, purpose, love and creativity; a world of freedom, harmony, prosperity, and compassion.
Now that companies have put their stances out there, the world is watching. Their customers are watching. Their employees are watching. Media, like The Plug, will help keep them accountable. They are sourcing a list of company responses along with if they have a diversity report, percentage of black employees, and donations to aligned causes.
Change does not come from a one-time donation, one social media post, or an email, but it is a start. Change will come with honest reflection on where we have failed as businesses, as a society.
Change will come from incremental steps forward – continued action to support the words shared over the past few days. Change will come when marginalized groups have more representation as employees, business owners/leaders, customers, vendors, and other company stakeholders. Change will come when Black Lives Matter.
We can no longer leave our people of color communities standing alone.
Conscious Capitalism San Diego invites you to join us in living our Credo. To help all businesses be a force for good and create value in collaboration with all stakeholders.
Congruent with our Credo is the notion that business done consciously transcends racism.
Our chapter is committed to creating the space and place for interactions and learning. We invite you to have dialogue with us around what this looks like for those businesses in which you are a stakeholder; be it as a business owner, an employee, a customer, vendor, supplier, or investor. We are here to listen to our community around what is needed to support this change. Please feel free to reach out to Kori Joneson, Board President, at firstname.lastname@example.org.
As a Board, we will continue our conversations and learnings on what actions we can take to show up for our stakeholders.
Racial and social justice will only be possible if work together. The practices of Conscious Capitalism can play a key role.
Conscious Capitalism San Diego Board
Here are a few resources to start or continue your company’s journey towards racial and social justice:
Trudi Lebron on Facing Race, Equity & Diversity (coaching lens but relevant for all)