Conscious

Conscious content: social accounting, cure for stupidity, LAZ Parking, plus more!

July 19, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Have you heard of Social Accounting? If not, no worries. You can learn about it here in this June ASU article. According to ASU’s Elizabeth Castillo, “social accounting is a holistic way for the firm to strategize and communicate how it creates value for its stakeholders and society.” Sounds like a powerful tool to us! Several countries and companies are starting to practice and see the benefits of Social Accounting as well (see the last paragraph in the linked article above).

Impact

Purpose is a hot topic these days. You’ve probably talked about (or wondered about) your org’s Purpose within the last few months. Higher Purpose is one of Conscious Capitalism’s four tenets. But what really is corporate Purpose? Or better yet, Dane Smith over at FSG challenges, what is a corporate purpose worth having? He shares that companies typically fall short in 4 main ways:

1. It lacks significance
2. It lacks authenticity
3. It isn’t profitable
4. It isn’t implemented seriously

Informative Read

Most people aren’t intentionally stupid. But we all have our stupid moments, whether we are conscious of it or not. Eric M. Baily may have the cure in his new book, The Cure for Stupidity: Using Brain Science to Explain Irrational Behavior at Work. It’s the #1 New Release on Amazon right now, so maybe people are channeling their smarts when deciding to read this.

In Practice

If you ever parked in a public parking lot, you’ve likely parked at one time or another in a LAZ parking lot. We are proud to have them as part of our CCSD community and to share that they are Conscious Capitalism, Inc.’s Featured Partner of the Month.

LAZ Parking is a parking management, transportation, and mobility company founded in 1981 by three childhood friends. Today, LAZ operates over one million spaces in thousands of locations and provides parking management services in several different industries.

You can read more about LAZ and how they practice Conscious Capitalism in their CCI business profile page. AND watch a video on their partnership with Ten By Three, a charity that reduces poverty in developing countries by using a unique Prosperity Wages model. You will for sure get the warm fuzzies.

Inspiration

Forty-one student teams came away with a total of $57,000 at this year’s Fowler Global Social Innovation Challenge hosted in San Diego. Team’s social innovation ideas included solutions in wireless technology impact, the diversity of female voices, leadership in sustainable business ventures, and new ways to use recycled tires. Winning teams will be posted on the link above soon.

CCSD was a proud sponsor and is excited to welcome 17 new student members to our local chapter.

Help us WELCOME: Momo Bertrand, Charles Bullard, Kyle Duffy, Grace Obrien, Tyler Schiller, Nisreen Al Sabie, Robbie Beyer, Ana Dominguez, Blake Dunkleberger, Matteo Hernandez, Austin Hirsh, Amy Kame, Camille Morales, Julia Stewart, Ian Western, Casey Myers, Patricia Cosulich

photo cred: USD Center for Peace and Commerce Fowler GSIC facebook photos)

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Conscious Content: Chobani Founder’s anti-CEO Playbook, A&W Winning Business, Regenerative Farming, Plus More

June 21, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

The annual Milken Institute’s Global Conference was held earlier this month. A theme that emerged during the conference was around the need to reform capitalism. If not, the consequences will be dire. You can get a short summary here in this LA Times article with the more racy title, Reform capitalism or face revolution, billionaires are told at Milken Conference.

Impact

How and where you choose to spend your money matters. Organizations that have a higher purpose and live it through the actions they take are winning a lot more business than those that are not. Read how A&W won this CEO and father’s business by living its higher purpose in this Forbes article.

Informative Watch

“In an appeal to corporate leaders worldwide, Chobani founder Hamdi Ulukaya calls for an end to the business playbook of the past — and shares his vision for a new, “anti-CEO playbook” that prioritizes people over profits. “This is the difference between profit and true wealth,” he says.”

Inspiration

We had the pleasure of being with Dr. Zach Bush, MD at our May 28th event. His research, science, and stories around our biggest health crisis were both worrisome and inspirational. Check out what he and his team are up to at Farmers Footprint and learn how they plan to regenerate 5 million acres of farmland by 2025. You can also watch their 20-minute documentary here.

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5-10-19 Conscious Content Friday

May 31, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Have businesses contributed to some of our modern health and well-being issues? To simply put it, yes. Could businesses also be the solution and betterment of our health and well-being? According to this HBR article, the answer is yes AND could also be a competitive advantage for organizations.

Impact

San Diego is 1 of 5 cities out of 143 to win a $3 million grant from the AdvancingCities Challenge supported by JPMorgan Chase. This is a 5-year initiative focused on inclusive growth and greater economic opportunity. San Diego will use this grant to fund a new collaborative program called Advancing San Diego.

“The Advancing San Diego program is going to be a game-changer and will provide resources to underserved communities that need it most,” said Mayor Kevin L. Faulconer. “It’s going to lift up our small businesses, prepare San Diegans for skilled jobs and make a real difference in people’s lives. It’s also going to level the playing field so that no matter where you grow up in San Diego, you have access to opportunity.”

If you are a business or educator interested in participating in the Advancing San Diego initiative, fill out the quick form HERE.

Informative Listen

Check out episode nine of the World Changing Women Podcast and hear Eileen Fisher share how she turned her hand made garments to a $300 million dollar brand. And continues to challenge her industry by working toward becoming one of the most sustainable clothing brands in the world, becoming an ESOP, and practicing a collaborative leadership structure.

In Practice

This week we are excited to highlight local San Diego Conscious Capitalism start-up, reVessel.

reVessel’s purpose is to change the course of human and environmental health by shaping a sustainable future for generations to come. The company was born out of a need for thoughtful alternatives to safely travel with food. To kick the dependence on convenience food, single-use packaging, and chemicals, they developed their flagship product known as the Adventure Kit.

In addition to climate neutrality within their first year of operations, they are committed to global impact with a portion of proceeds going back to funding the conversion of chemically-dependent farmland to regenerative organic practices and ocean rehabilitation and preservation. A portion of proceeds of their “Spring into Action” pre-sales campaign will go back to local organizations moving these missions forward. So Spring into Action HERE and pre-order your Adventure Kit before the end of May!

Inspiration

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4-26-19 Conscious Content Friday

May 10, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Ray Dalio, Founder of Bridgewater Associates, has been trending in the news lately. He has joined the likes of other heavy hitters in the financial world, like Larry Fink of Blackrock, calling for a need to reform capitalism. You can read about it directly from him in his Linkedin articles. These are quite long and technical but are direct from him. A shorter summary could be found here.

Impact

The Conscious Company Leaders Forum took place earlier this week in Northern California. If you were no there, that’s ok. You can get a sense of all the highlights and experience people had here. There are some good links to leaders and organizations that shared their stories throughout the forum. And great images of people connecting. Enjoy!

Informative Listen

Last week Raj Sisodia talked to The Work Hard Play Hard podcast on the power of Conscious Capitalism in business and life. Take a listen here.

Inspiration

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4-12-19 Conscious Content Friday

April 25, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Fastco’s 3rd annual World Changing Ideas is here. The winners include 17 solutions to solve some of the planets real problems. World Changing Ideas “celebrates businesses, policies, and nonprofits that are poised help shift society to a more sustainable and more equitable future.”

Impact

Conscious Company Media’s new issue is out. It highlights 20 game-changing founders of color and what their conscious companies are up to to create more equity and inclusion in the world. Click here to take a peak inside this issue. CCSD Members receive a discount to access full content and membership. Ask us how.

Informative Read

Hiring on Purpose: How the Y Scouts Method Is Revolutionizing the Search for Leaders. Sometimes the candidate who looks ideal on paper may not be right for your business. This book helps you “look beyond the resume and focus on human factors like values, vision, and purpose to acquire and retain leaders that will drive results and move your business forward.””

In Practice

This week we are excited to highlight local San Diego Conscious Capitalism company, Mamma Chia.

Mamma Chia is an organic chia-based food and beverage that offers only the highest quality chia products that provide vitality and energy. Mamma Chia’s mission is to share the Magic of Chia®. They are a conscious and sustainable company that honors and uplifts both the soul of humanity and the soul of the planet.

Founder and CEO, Janie Hoffman, discovered the power of chia seeds during her own health journey. She wanted the Mamma Chia product to not only have a positive health impact on customers lives but also have a product that prompted a positive environmental impact. Learn more about their story here.

Inspiration

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3-1-19 Conscious Content Friday

March 22, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

It is no secret that the apparel industry has a huge environmental and social footprint. There are several newer, more environmental and ethically friendly apparel organizations popping up. However, four older brands, like Fruit of the Loom and Hanes, have also committed to revamp their strategies to reduce their negative impact on the world and support their consumer demands.

Impact

As the head of Heineken USA and Heineken Mexico, Dolf van der Brink has learned to use the power of people and purpose to apply smart, impactful, and profitable practices. “By letting go of fear and stereotypes, something van den Brink has had to do multiple times in his career, he says, he has learned an important lesson “A big part of humanity is suppressed in organizations and bureaucracies. But when you can find a way to tap in that, and appeal to people’s passions and unleash their energies, amazing things can be done.” Read more about specific examples here in this FastCo article.

Informative Read

Get Your Head Out of Your Bottom Line: And Build Your Brand on Purpose, by Bethany Andell. This book explores what could happen if executives shift their focus from solely improving the bottom line to the company’s long-term health and non-monetary impact on the world. And how to do it!

In Practice

Branch Out Market is a curated social impact market. They partner with nonprofits who are teaching a skill, working with women, young artisans, or refugees to help create economic opportunities and income streams for their projects. By partnering with these organizations they hope to help them focus on their missions and help in creating a stable and reliable access to market. Please read their stories online and browse through the market as if you were walking the streets of Guatemala, Tanzania, South Africa, India, and more combined!

From the founder:
“I am a strong believer in capitalism as a resourceful and efficient way to solve the worlds challenges. Don’t get me wrong, we need charity, but we also need jobs. After working with farmers in South Africa for a few years I saw how their sense of purpose was critical to their success and happiness. My job was to bridge the gap to market, with each opportunity our farmers worked harder and were able to improve their skills and resourcefulness. I joined Conscious Capitalism because I knew that in order for Branch Out Market to be successful I needed to meet and collaborate with like-minded individuals. This is how we will make the world a better place!” – Rachel McKinney

Every partner we represent has a story, every product they create makes an impact.

Inspiration

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2-8-19 Conscious Content Friday

March 1, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Conscious Capitalism is all about elevating humanity through business. Our fellow Arizona Chapter President, Brian Mohr, got to experience this first hand with his visit to Televerde’s Perryville call-center. What makes this unique? Besides their intensive training, development and investment in their people, this call center is located in the Arizona Department of Corrections in Perryville. 70% of Telverde’s workforce are inmates. After his visit Brian believes Televerde to be “THE BEST EXAMPLE OF CAPITALISM THAT I’VE SEEN. IT’S WHAT CAPITALISM CAN ASPIRE TO DO AND BE. THE COMPANY IS THE ULTIMATE EXAMPLE OF BUSINESS AS A FORCE FOR GOOD.” Learn more about his experience here.

Impact

GoCheck Kids is the first iPhone app registered with the U.S. Food and Drug Administration to screen young children for correctable vision impairment with a simple photo. This replaces the need for a $20,000 screening device and can be also be used on kids under 6 years old. They have raised $20 million in funding so far and have screened over 900,000 kids with the goal of 20 million by 2020.

Informative Read

Simon Sinek, author of Leaders Eat Last and Start With Why, is releasing his next book, The Infinite Game, on June 4th. You can pre-order your copy today. Learn to embrace an infinite mindset and why that is key to building stronger, more innovative, more inspiring organizations.

Inspiration

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1-25-19 Conscious Content Friday

February 8, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

The annual World Economic Forum is currently taking place in Davos, Switzerland. U2 singer, Bono, was one of the many speakers, thinkers, and leaders present. He shares, “Capitalism is not immoral – it’s amoral. It requires our instruction…Capitalism has taken more people out of poverty than any other ‘ism’. But it is a wild beast that, if not tamed, can chew up a lot of people along the way.” Conscious Capitalism and it’s tenets, we believe, is a way that can “tame the beast” and continue to serve all our stakeholders.

Impact

Forbes released The Just 100 companies in the US list. The criteria they considered about 890 of America’s largest publicly-traded companies include: pay workers fairly; treat customers well and protect their privacy; produce quality products; minimize their environmental impact; give back to the communities they operate in; commit to ethical and diverse leadership; and create abundant job opportunities.

San Diego’s ResMed came in #18 on this list.

Informative Read

Founder & CEO of PayActiv, Safwan Shah, is the first author to publish a book through Conscious Capitalism Press. His book, About TIME: How Businesses Can Save the World (One Worker at a Time), shares how we came to pay workers in this country and how practices positioned to ‘help’ the poor amid crises have resulted in massive financial stress, loss of happiness, and productivity. It also takes a look at the role “time” plays in our society today and how the speed of life is changing, challenging company leaders to step into their heroic nature.

Get on the pre-sale list here. Learn more about PayActiv and how they are transforming the underserved and underbanked workforce.

Inspiration

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1-11-19 Conscious Content Friday

January 25, 2019

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Conscious Capitalism, Inc. announced earlier this month the election of Kip Tindell and Raj Sisodia as Board of Directors co-chairmen. Kip is the Co-Founder and Chairman of The Container Store. Raj is the FW Olin Distinguished Professor of Global Business and Whole Foods Market Research Scholar in Conscious Capitalism at Babson College in Wellesley, MA. He is a co-founder of Conscious Capitalism, Inc. Learn a little more about Kip, Raj, and Conscious Capitalism here.

Impact

Entrepreneur released their 2018 Top Company Culture list. Four great San Diego companies made the list.

Hughes Marino
SmashTech
DMV.org
Rehab United

Proud to have these conscious companies in our hometown! Thank you for creating great cultures so your people, business, and community can thrive.

Informative Read

Looking for a job where you can contribute significantly AND be valued for it. Check out Seth Godin’s new experiment, Linchpin Jobs. You can read more about what a Linchpin Job is here or in his book here. If you are not familiar with Seth, he is an experienced marketer, writer, and creator of ruckus.

Inspiration

2018 was a great year for our Conscious Capitalism San Diego community. A lot of what was accomplished could not have happened without the love and sweat from the CCSD Board. Here is a shot of most of our 2018 board. Thank you (from left to right): Ruby (Chapter Manager), Steve (Communications), DJ ( Individual Membership), Malcolm (Chairman), Del (Treasurer), Jenn (Programs), Amber (Programs). Not listed – Mikel (Technology), Mehrad (Business Membership), Kori (President). Our 2019 Board is energized to continue on this great work and serve San Diego. Intros coming soon!

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10-5-18 Conscious Content Friday

October 19, 2018

Hello CCSD Community

Here is our bi-weekly Conscious Capitalism content share. We hope you find it informative and inspirational.

In the news

Is Conscious Capitalism dead? This Fortune article argues it is far from being so. Companies like Panera Bread are leading the way. Their Higher Purpose remains the same, how they get their might shift. Making hard decisions and changes can be part of that process.

Impact

Need a little inspiration this Friday? Check out these 31 social entrepreneurs making waves. Read about their Higher Purpose, their stories, and even some advice they have for other entrepreneurs.

Informative Watch

Want to learn more about Conscious Capitalism? Hear some of the speakers at past Conscious Capitalism conferences? Prefer to watch than read. Then check out Conscious Capitalism’s YouTube channel HERE.