Conscious Capitalism Chicago: Blog

We write monthly pieces about our adventures, tours, gatherings, discussions and more.

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  • June 30, 2015 8:32 AM | Rachel Duch (Administrator)

    Conscious Capitalism: “Do Both”

    Conscious Capitalism – “Do Both”

    Rand Stagen, CEO of Stagen, founder of the Integral Leadership Academy and founder and board member of Conscious Capitalism, Inc., was in Chicago this past week. Lucky for us, he agreed to spend some time with our executive members at our Q2 Executive Breakfast on June 26th.

    At one point in the conversation he said – “It’s not enough to be a conscious company. You have to have a great business model and be able to execute. Conscious Capitalism. DO BOTH.” I just love this. So much so that we’re going to get some t-shirts printed with it. Meghan and Maren, co-founders of Conscious Company Magazine were there too. I wouldn’t be surprised if we see an issue devoted to this in the future.

    It’s time to pay some attention to the second “C” in Conscious Capitalism.  It feels like much of what’s out there about Conscious Capitalism emphasizes the importance of having a purpose, values and mindful culture – yet forgets that we have to have a great strategy, market differentiation, products and execution too. Doug Rauch, CEO of Conscious Capitalism, Inc. said to me earlier in the month, “Is it enough to have a great culture? Will that absolutely cause you to do better than your competitors? Not necessarily. You have to have a great business model too.”

    Not long ago, I had the good fortune of spending some time with Jay Goltz, Founder and CEO of The Goltz Group, which includes Chicago Art Source and Jayson Home. Jay is a sought after speaker about entrepreneurship and conscious business. It was a Friday afternoon and I was meeting Jay for the first time and introducing him to Conscious Capitalism. Jay is an energetic guy and jumped right in challenging the ideas as he tried to get a sense of what we were talking about. When he read our description of what the movement is about that said, “Business can and should be done with a higher purpose in mind, not just with a view to maximizing profits” He said, “Hey wait! It should say, business should have a higher purpose as well as maximizing profits!” I loved his unapologetic enthusiasm for the business of conscious business. If we’re really seeking to make a lasting difference in the world, we have to last.

    Rand Stagen’s message to our CEOs last Friday morning was about the awesome responsibility and complexity of conscious leadership – that it’s no small feat to be able to be a great businessperson and an enlightened person.  That’s the essence of the fourth pillar of Conscious Capitalism – “Conscious Leadership.” It’s not just about servant leadership, but also about being able to balance opposing ideas like thinking and feeling, freedom and responsibility, purpose andprofit.

    1 Comment


    1. Holly Jordan on August 19, 2015 at 3:33 am

      As we work with clients on sales development we find that this gap isn’t unusual. That when “Conscious Selling” includes metrics and measures and sales process it doesn’t mean it excludes allowing employees to feel empowered. That in fact these measures and metrics and process are mile markers on the road to sales success and keep you on target.
      Balancing clear sales strategy and enlightenment is the path to true “Conscious Selling”.
      We are interviewing companies now for our research paper on this topic. More to come. #consciousselling #balance


  • June 29, 2015 8:34 AM | Rachel Duch (Administrator)

    June Event: What We Learned

    Caption: This image is of the Vulnerability Wall from the 2015 Conscious Capitalism conference in April.

    CCC Slide Deck – 6-17-15

    The goal of our June event was to provide a small group venue to talk about the theories and ideas put forward at the national conference in April. The presentation is posted above.

    Holly Jordan, Chicago Chapter Program Committee Member, presented the most inspiring points from Simon Sinek at the April conference.  

    Additional thoughts from the group included:

    • Virtue produces more results and takes a different mindset. And it is harder to lead from this place.
    • Leaders need to trust that their employees. If they do, people will be more productive and elevate their performance.
    • You have to create an environment so that the circle of trust isn’t neatly round. We need to respect our employees and acknowledge they are human.
    • If we stay in fight or flight perpetually, it is bad for our health and productivity.
    • The more that employees feel the mission of the organization and the values, the people want to give.
    • If people could go home and feel good about what they’ve done, they are going to thrive.

    Thea Polancic, Chair of Conscious Capitalism Chicago, and Paula Golub, Principal at Golub & Company, showcased 15 personal principles shared from Melissa Reiff, President & COO of The Container Store.
    1. Security
    2. Confidence
    3. Positive Attitude
    4. Maturity
    5. Focus
    6. Courage
    7. Sweet
    8. Communication
    9. Tenacity
    10. Humor

    11. Agility
    12. Creativity
    13. Commitment
    14. Inspiration
    15. Passion

    Additional thoughts from the group included:

    • The Container Store opening events are an inspiring and unique example of a company appreciating all of their stakeholders.
    • Sometimes when we hear people talk about running a company like a parent, it can come across condescending, but it isn’t if it is done well.
    • Some of us are still engaging with learning and working to identify with being conscious. Some of us have been trying to make it happen for 20 years. This is the long view and a slow journey
    • Communication is a big struggle. We can do better in telling our stories and communicating
    • It is key to slow down when we are busiest. If we go fast, we will create more mistakes and cause more work for tomorrow. We need to give people permission to slow down.

    Lee Capps, Program Chair for Conscious Capitalism Chicago, presented the ideas from Bob Chapman, Chairman and CEO of Barry-Wehmiller about how to lead a conscious business every day, and what goes into his secret sauce. 

    Additional thoughts from the group included:

    • We should look to our team members to help come up with solutions to our challenges.
    • Nick Sarillo of Nick’s Pizza and Pub provided an example. Using The Great Game of Business, their team members regularly look at the P&L and see what metrics could be taken on by team members to help improve the company.
    • Acting within the values of Conscious Capitalism can be overwhelming. It can be hard to determine where we are and where we want to be. Bob’s presentation – outlining how he works across cities, industries and cultures help us recognize if he can do it, we can do it.
    • A lot of leaders in Chicago have been doing this because it was the right way you do business. But there are people that see this as new.
    • Companies are trying to find ways to tell their employees they are loved.
    • People that are working for good companies could be making more money somewhere else. But they work for less because they feel strongly about the organization’s purpose.
    • The Millennial generation wants to work for a place that makes them feel good. But they aren’t the only ones!

    RESOURCES

    The group talked about a myriad of great resources. 

    • Bob Chapman’s book, Everybody Matters, will be coming out in October. Click here to pre-order the book.
    • During the national conference, we contributed to “Vulnerability Wall”. Click here to read about the role of vulnerability in business from Corey Blake, Founder of Round Table CompaniesKeith Ferazzi was also mentioned as working a lot in vulnerability.
    • Melissa Reiff put her personal principles forward, but to read more about the Container Store Foundation Principles, visit their Web site. We also mentioned CEO Kip Tindell’s book, Uncontainable. More about that book here.
    • Our Web site is always a great resource – visit our new blog.


  • May 29, 2015 8:37 AM | Rachel Duch (Administrator)

    June 17 Event: Bringing Ideas to Life

    Did you miss the April Conscious Capitalism 2015 Conference?

    This is your opportunity to hear highlights and key takeaways about the importance of purpose in organization – and human – effectiveness.  We’ll review some of the key discussions from keynote speakers Bob Chapman, Simon Sinek and Raj Sisodia.

    Did you attend the April Conscious Capitalism 2015 Conference?

    This is your chance to relive inspirational moments, pull out your notes, and plan to put the ideas into practice. Bring your notes and come for a great practical discussion!

    REGISTER NOW!

    We’ll start with an overview of the themes and then break out into small group discussions led by local strategic facilitators.

    When: June 17th, 5:30-8:00 pm

    Location Edelman Chicago Offices

    200 E. Randolph St, 63rd Floor, Chicago, IL 60601

    Cost:  $35 general admission; $25 for members

    (Light appetizers and refreshments included.)

    Join the Chicago Chapter today and receive $10 off the price of this event!


  • May 25, 2015 8:40 AM | Rachel Duch (Administrator)

    Vulnerability is sexy

    Vulnerability is sexy. Yep. Stay with me here.

    Mostly we tend to want to hide our vulnerabilities for fear of ridicule and disconnection (at least that’s true for me). Or, fear of actually feeling feelings that make us uncomfortable like grief, disappointment, and worse, shame–the ultimate disconnector!

    Yet it’s our vulnerabilities, our openness to life as it unfolds, that provides us a sense of aliveness, joy and creativity.

    Check out the picture to your right. It’s from the Vulnerability is Sexy wall at the Conscious Capitalism Conference I attended earlier this spring here in Chicago, a business conference of all things.    

    At check-in participants received a bright teal postcard asking us to write down our vulnerabilities. Amazingly, people wrote them out!

    Throughout the conference Corey Blake and his Round Table artists were creating this wall from those bright teal postcards. At every break folks were checking out the artwork, the sentiments shared and talking about them.

    While conversations at the conference ranged from business to branding, values we all share stood out: to do good work in the world, to have clean water and air, to care for our children and parents, to not only belong to a community but to contribute in meaningful ways–and to live life fully.

    All these conversations had at the center the commitment to what I’d call an ethic of right action and love, especially the ones at the wall. By publicly sharing our vulnerabilities, now artistically captured on the wall, what was perceived as weakness or disdainful or a simply a secret to be hidden away, became a source of energy and connection.

    Our strength and frailty as human beings, our foibles and idiosyncrasies are our creative source for engaging with life as it unfolds each moment. Our willingness to stand right at the edge of what makes us most uncomfortable is the training we need to engage most deeply with those around us, to offer ourselves and our contributions to the larger world, whether in business, teaching, community service, health care, . . . . to stand in dignity in our place in the world.

    Our interconnection is not only obvious and necessary, it’s good business. It’s healing to the world and likely to the planet. It requires owning our vulnerabilities . . . . .admitting mistakes and failures, acknowledging not being an expert and maybe needing help, owning our difficulty with emotions at times and other people often . . . yes, our vulnerabilities connect us to ourselves and what it means to be human and compelling.

    And that’s pretty sexy.


  • May 12, 2015 8:44 AM | Rachel Duch (Administrator)

    What is a B Corp Company?

    By voluntarily meeting higher standards of transparency, accountability, and performance, Certified B Corps are distinguishing themselves in a cluttered marketplace by offering a positive vision of a better way to do business. Want to learn more?

    Bring a friend to this month’s B Corp Social and Outreach Event and hear more about the local Illinois B Corp community, network with a passionate group of people using business as a force for good, and learn what it takes to become part of this growing global movement. The event will be hosted by Avenue, a brand strategy firm in River North, from 6-8 p.m. Tickets are $10.

    Register here

    You can visit the B Corp Web site for even more information. 


  • May 10, 2015 8:50 AM | Rachel Duch (Administrator)

    Heard from Tony Schwartz, The Energy Project…

    At Conscious Capitalism 2015, which was held in Chicago April 7-9, Tony Schwartz from The Energy Project took the stage. He didn’t just slowly step onto the platform. He didn’t shake someone’s hand and then turn to the audience. He walked purposefully into the room from the back doors. “Happy” by Pharrell Williams was playing loudly on the overhead speakers. As he walked up the long aisle, his arms were raised above his head, clapping to the beat. Within seconds, the audience of 400 was on its feet. Full of energy.

    A fitting start to a presentation from the man who founded The Energy Project. Here are some of the fantastic ideas Tony shared.

    “About Capacity”

    We take capacity for granted. If you don’t have sufficient capacity, you have a problem.

    We need to find a rhythmic relationship between stress and recovery. Not too much stress or too much rest, but the ability to make intermittent waves between them.

    Most of us see stress as the enemy, but we need it to help us grow and expand our capacity.

    It isn’t just the number of hours, but the energy we are capable of bringing in those hours.

    If we are running on empty, we breakdown, burn out and get sick.

    “About Leadership Virtues”

    No virtue is one by itself.

    When we are tired, burned out, threatened, our strengths are in overdrive. We are unable to ask what else might be true.

    Good leaders hold flexible movement between thinking and feeling. They see more and exclude less.

    Good leaders need to go deeper, wider and longer.
    If you want to read more about Tony, check out his blog.


  • April 22, 2015 9:15 AM | Rachel Duch (Administrator)

    Heard from Simon Mainwaring, We First Branding…

    • When forming an idea, think about the world, the industry, the region, the community, the market, the company, the employee. And then, consider, “if this is the world we live in, what role does our brand play?”
    • Define a story worth telling to be a brand worth sharing. How well you tell your story determines how well consumers share your story.
    • A company’s brands need alignment; they should ladder up to one shared purpose.
    • When you are presenting an idea, present it as a solution. Tell the story around what you’re helping to solve, and then back into their need. Offer co-authorship and co-creation.
    • A brand must be the chief celebrant, not the celebrity, of its consumer community.
    • Build a mission with a company, not a company with a mission.

    Want to read more from Simon? Get his book – We First – or visit his Web page. Or attend his upcoming conference the Brand Leadership Summit in October.

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    Want to be part of more discussions like this? Come to the next Conscious Capitalism Chicago event!


  • April 18, 2015 9:18 AM | Rachel Duch (Administrator)

    The Start of Something Good

    Conscious Capitalism Four Pillars

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    Conscious Capitalism Four Pillars

    Conscious Capitalism Chicago is made up of people who can’t wait to see the world when the majority agree that people matter most in business.

    Conscious Capitalism builds on the foundations of capitalism – voluntary exchange, entrepreneurship, competition, freedom to trade and the rule of law. These are essential to a healthy functioning economy, as are other elements of Conscious Capitalism including trust, compassion, collaboration and value creation.

    This blog will be a place for us to share resources, stories and content that we hope help in this mission.

    Want to join us? Check out our upcoming events to meet like-minded people and leave inspired. What we hear most from our events? “I didn’t know there were so many successful people who believe in the same things I do.” It’s true. Come and meet them. http://consciouscapitalismchicago.org/events


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