Aim Higher: Elevating Your Business Through Stakeholder Capitalism
You started your business to serve a specific group of customers and make a unique contribution. Smashing. Did you know you can actually take the game of business even higher for your own greater fulfillment and greater impact by embracing stakeholder...
You started your business to serve a specific group of customers and make a unique contribution. Smashing. Did you know you can actually take the game of business even higher for your own greater fulfillment and greater impact by embracing stakeholder capitalism? Also known as inclusive capitalism, this is an approach to business that emphasizes considering the interests of all stakeholders involved, beyond just shareholders to deliver exponential value to everyone. Guest: Kent Gregoire
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Radio. What's working on Purpose?
Anyway? Each week we ponder the answer
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to this question. People ache for
meaning and purpose at work, to contribute
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their talents passionately and know their lives
really matter. They crave being part of
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an organization that inspires them and helps
them grow into realizing their highest potential.
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Business can be such a force for
good in the world, elevating humanity.
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In our program, we provide guidance
and inspiration to help usher in this world
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we all want working on Purpose.
Now here's your host, Doctor Release Cortez.
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Welcome back to the Working and Purpose
program, which I've been proudly able
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to bring you since February of twenty
fifteen. Thanks for tuning in this week.
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Great to have you. I'm your
host, Doctor at Last Cortez,
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joining your life from Dallas home base
for me. If we have not met
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yet, you don't know me.
I'm a management consultant specializing in meaning and
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purpose, organizational logo, therapist,
speaker and author. My team and I
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at Last Cortez and Associates help companies
to enliven and fortify their operations by articulating
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their purpose and building inspirational leaders and
cultures activated by meeting and purpose to turn
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those companies from a flatline EKG to
a vibrant destination workplace. There, people
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are intrinsically motivated to perform with their
best, grown to their full potential,
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and are committed to stay and dynamically
deliver on the company's mission. You can
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learn more about us and how we
can work together at elist Cortez dot com.
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Now getting in today's program we have
with us Kent Bourgoi. He's the
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co founder of Stakeholder Business, where
he's on a mission to help entrepreneurs transform
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their companies from maximum impact to all
stakeholders. In consultancy work is known as
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the CEO to CEOs who focuses on
a win win approach that delivers exponential value
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to all stakeholders. Today we're talking
about stakeholder capitalism and the work he's doing
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to steward it. He joins it
today from Corintha, Vermont, Kent.
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Welcome to working on Purpose. Great, it's nice to be here at least
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thinking it's wonderfully. Have you you
know my fan of your work. We
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were just talking before we got on
air that I was commenting on your LinkedIn
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post and I really appreciate about what
you do. I am a fellow conscious
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capitalist. I know you're one of
the first certified Conscious Capitalist consultants. So
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we've already got immediate alignment. But
for our listeners and viewers who haven't had
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a chance to cross pass with you
as I have, I want to start
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with your tagline on LinkedIn, which
says unleashing the entrepreneurial spirit for good.
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I love that. I'm an entrepreneur. I love that, and there is
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so much goodness in that. So
can you share an example or even just
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kick us off with the story of
how an entrepreneur spirit can be harnessed for
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such positive impact? Or have you
seen it? You witnessed it. Yeah,
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we've definitely seen witness student. A
couple of stories that I come to
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mind, though I think it might
be really at go on one with ryand
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Orson, who as an ass younger
and CEO of Interface for those of you
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who don't know, Interface are the
tile carpet company out of Atlanta. And
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one of the things is he had
this epiphany and from this epiphany he then
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started on a highst Jake's journey to
become one hundred percent sustainable enterprise. He
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was well ahead of his time because
he started as nineteen eighty nine and his
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leadership has become a model for companies
around the globe. You might say Interface
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is leading its way in the area
of sustainability on a global basis and has
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made a really great, what I
would say, contribution to all carpet manufacturers
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and others who are using nylon in
similar products. So that's a great example.
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And there's one other that came to
mind, and it's Big Bie Coffee.
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One of the things with Big Bi, Mike McFall and Bob Fish,
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they kind of found themselves in a
difficult situation. They thought they had this
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really beautiful culture and they were really
proud to talk about it and come to
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find out that isn't at all what
their culture was. This was discovered about
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seven years ago and they stood in
front of their employees and they actually read
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the feedback very very, very painful, but they read it exactly as it
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was presented, and they set out
to reset their purpose to help employees create,
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to build this life in which they
love. And from that point on
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Bigbie Coffee, they're about to celebrate
their five hundred franchise. I think they're
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getting close. So they've seen tremendous
growth. As a result, their employees
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are also thriving in their lives.
Engagement is really high. Things continue to
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look up. Word for Thank you
for sharing both the stories. I know,
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the first one which I want to
get more into it just a little
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bit later in the conversation, but
the first, the second conversation or story
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that you shared to me that really
speaks to the power of what I call
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courageous communication. The ability to ask
really tough question, serve it up in
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a way that you make it safe
for these people to actually respond and listen
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to what they have to say.
What a concept. Really applaud that story.
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Thank you for sharing that that's a
great way to kick off this conversation
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and anchor us in the spirit of
what you're out to do. Now.
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Where we have to go next is
to really peel back the layer to help
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understand why in the world, how
did you find your way into conscious capitalism
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stakeholder business. You've been a consultant
for as far as I can see,
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over thirty five years. Yeah,
and I've been an entrepreneur in a CEO,
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leaping many many companies. So my
relationship to business early on, literally
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from right out of the university.
Which wasn't my first company, well,
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first one was a man factory and
company at fourteen, at eight fourteen,
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Yeah, I certainly was learning a
lot back then. It was successful,
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a story in and of itself,
but still fairly young. One of my
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are just companies. I was still
in it very much around you know,
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let's build this thing fast, let's
scale it, let's do an exit.
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In fact, I did all those
things in record breaking time in four years,
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and I thought that was the game
of business. While I had that
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company, though my father took me
aside one day. He wasn't involved in
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the company, but he was witnessing
me and he didn't like how I was
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showing up. I wasn't showing up
as this caring and trusting kind of kind
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person that he knew I was spending
money. There was no meaning behind it
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all, and he really felt that
I lost my way, and that became
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sort of, what I would say, an impetus to start examining where did
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I go wrong? What should I
be doing differently? You see, my
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father was ahead of his time.
He himself was an extraordinary entrepreneur, and
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I started leaning in more to the
things that he was sharing with me and
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engaging stakeholders more fully. Still at
that point, I wouldn't call it a
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stakeholder driven model, that I was
definitely heading down that path and trying not
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to make those really tough calls which
would result in a trade off. So
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kind of fast forward. As I
went through I worked with a lot of
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companies as well as leading my own
companies. I said, there's got to
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be a better way to do this. I land in the audience at John
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Mackey at what would essentially be the
Ethics Institute at Emory, and that began
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my introduction to conscious capitalism. A
couple months later, I was the first
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conscious capitalism CEO Summit, and that
began my journey. That was my tribe.
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And as I went through this,
my evolution to stakeholder business really evolved.
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Because what I loved about the conscious
capitalism is all the theory and understanding
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the really strong tenants. I was
looking for more about what are the methodologies,
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what are the frameworks to help bring
this about, especially from a stakeholder
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perspective. So I studied that really
deep. And so when I joined up
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with my co founders to watch stickhold
their business, Okay, really quick,
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I just have to know what was
the business that you started at age fourteen?
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It was called Velvet Manufacturing VLV hyphen
it. I didn't actually develop the
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product. It was my uncles,
my great uncles, and he had put
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it on the shelf. He had
made his living with it. Never sold
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it, managed to get a royalty
back to him three cents for every jar,
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and it was. It excelled at
cleaning things from fine jewelry to glass.
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You know. One of the interesting
things about glass, people were using
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it on airplanes, boats and cars
and bathroom mirrors. If glass is dirty,
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it's usually why it's a part of
why it fogs up. It's not
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the only reason, but it holds
that fog. When you would use velvet,
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you would never get the fog because
it actually cleaned all residue off from
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it. So you could use it
on yaw to use it on boats,
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you could use it on countertops,
and in that company to have full manufacturing
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operations labeling. I was one of
the first companies to actually have a UPC
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code, like crazy, like that's
how long ago it was when I was
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thirteen. I was pretty young,
and that was a long time ago.
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But one of the other things that
was kind of neat about it is my
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father kind of put me out front. I had asked him, I said,
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okay, we got to sell this
product. He brought me to his
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commercial bank or Marcy Harding. I
knew her very well later in life.
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And I went to Marcy and I
had two cases of this and she agreed
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to put it on her desk and
sell it on consignment. Well, sure
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enough she did. She introduced me
to some other people. Company took off.
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In my weekends. I would demonstrated
at Hill's Heart where it was just
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a fun story. Great way to
know thirteen years old actually have a bona
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fide company that has all the makings, and while I couldn't own it because
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I was a miner, my parents
had to. They were very much in
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a supportive role. They weren't leaving
the company at all. That was my
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gig and made mistakes and learned along
the way. Wow. Oh that's so
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wonderful. I love that. Okay, now there's going to be a lot
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of people listening or watching this particular
episode. Kent, I don't know about
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conscious capitalism. I'm amazed to how
many people. It's such a quite you
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know, great secret for so many
people. So what I want to do
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next if we can. You talked
about how your father pulled you aside and
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said, I'm not quite sure if
I like how things are, how you're
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going in life, and who you're
being. So I think it would be
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good to distinguish what you consider to
be key qualities of a conscious capitalist leader
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or a stakeholder business leader. What
what would be those that would distinguish them
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from someone else? Yeah, I'm
going to tell you what mine were.
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So it's kind of very personal for
me, you know, digging in and
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really being that student, being authentic, always to be learning, and I
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have a growth mindset and I have
to keep that very top of mind more
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right now. Like one of the
things I am feverishly learning like most of
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us, is AI, but I'm
taking it at a really deep level.
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So my learning can be also very
on broad at times, or it can
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be very specific. Doing a lot
on AI. Listening intently. I used
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to just say listen. I have
My spouse does the Burkman and burkemn method,
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and in there, one of the
things it says is you know how
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important it is for me to listen
intently and to also honor other people to
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listen to them intently. So I've
had that with me for a long time.
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Being curious. I still practice with
that all the time. One of
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the things that helped me with being
curious, I went to retreat a couple
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different times in the past eighteen or
some months, and we get to do
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things like, you know, play
like childlike games again, and the childlike
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games in a way help me actually
start thinking about curiosity in a new way.
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And then the last one is and
I'm pretty well known for it,
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and it's amazing how often it comes
up completely unsolicited. Care one of the
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words, and it is definitely I
could call it a superpower for me is
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care, And I would say,
you know, care and you've got to
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be, of course, a person
who is trusting. You have to come
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across in all ways that people are
going to trust you, because if they
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don't trust you, all of those
things are out the door. So trust
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is a really big piece. But
for me, those are the things I
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had to work on and do more
of to really show up. Is that
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conscious leader? Well, you have
already a countenance about you. There's that
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I would describe as your approachable there
is it. There's an authenticity, sincerity
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about you that this probably all contributes
to this thing of care that you're talking
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about. It's palpable, Kent.
I know that you've probably been told this
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a million times, but it's very, very very palpable and evident with you.
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Thank you, You're welcome. Okay, So now you've you've sort of
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served this up here, but I
do want to hear what you're doing with
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conscious exue me with stakeholder business.
I want to hear you know what's the
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business model. I know you're working
with entrepreneurs I think maybe CEOs, but
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tell us about this work. Yeah, So the work that we're currently doing
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are always knows or with chief executives, and our notion is around business can
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and should benefit all of their stakeholders
versus prioritizing or a single stakeholder. Right,
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So we're looking at optimizing and our
core principles around this approach. One
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of the things is that the CEOs
with who we were working with, we're
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really looking for greater connection with others
who are doing this real, deep,
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meaningful work. So we created a
society called the Stakeholder of Business Society,
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and in there, not only are
we telling stories of people who are not
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in society, we also tell the
stories of people who are in society.
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There's amazing things that are going on. Back during a recent launch meeting of
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a cohort of CEOs coming in hearing
their own stories, I knew all of
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the people. I didn't have a
deeper relationship with them all. I knew
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a lot of the business stories,
but to actually hear them talk about their
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purpose, talk about how they're using
it not just within the business itself but
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outside the communities, one of their
initiatives they're working on with great success,
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how they're using a stakeholder approach to
do that. Frankly was one of the
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most rewarding moments in my life.
I know that sounds unusual that it might
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have just happened to me as this
moment, but it was just so rich
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and so amazing. So they want, you know, these stories to inspire
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they're already inspiring people, and to
help them lead from perspective. We offer
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programs and training. We have masterclasses
with people like Pete Stavros, who's managing
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partner at KKR. He's doing a
really interesting one on ownership works and one
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of our Society numbers is one of
the Ownership Works clients and it's a really
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large company, multi billion dollar company. We're beyond that session, so giving
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them that opportunity to really dig in
and be very personal. It's not like
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a webinar. These are very personal
experiences. They can dig in and receive
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the support. And then we do
retreats and we do other formats, so
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the Society is kind of like the
glue currently within stakeholder business. And then
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we have opportunities to screen the film, share the fifteen lessons of Interface which
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are forthcoming, we have them.
That's a really really big piece because they'll
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also have film clips with them.
A lot of learning and all of that
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can take place with small enterprise mid
as well as the largest public companies in
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the world in which we're engaged with. What a fantastic introduction, and I
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do want to hear more about You've
mentioned Interface and some of that. I'm
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going to delve more into that after
our breaking, but let's grab our first
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break. I am doctor Lee's Cortez. We've been on the air with Kent
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Gregoire. He's the co founder of
Stakeholder Business, where he's on a mission
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to help entrepreneurs transform their companies for
maximum impact to all stakeholders. We've been
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talking a bit about how he got
into business himself, Founders Way to Conscious
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Capitalists and Stakeholder Business. After the
break, we're going to douve more into
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the Beyond Zero film that showcases the
Interface company, and he was talking about.
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Stay with us. We'll be right
back. Doctor Elise Cortez as a
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management consultant specializing and meaning and purpose. An inspirational speaker and author. She
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helps companies visioneer for a greater purpose
among stakeholders and develop purpose inspired leadership and
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meaning infused cultures that elevate fulfillment,
performance, and commitment within the workforce.
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To learn more or to invite a
Lease to speak to your organization, please
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visit her at Elise Cortez dot com. Let's talk about how to get your
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employees working on purpose. This is
working on Purpose with doctor Elise Cortez.
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To reach our program today or to
open a conversation with Elise, send an
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email to Elease Ali se at Elise
Cortez dot com. Now back to working
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on Purpose. Thank you danying with
us, and welcome back to working on
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Purpose. I'm your host, doctor
Elise Cortez, as I too, am
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dedicated to helping create a world where
people realize their potential at work and are
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led by inspirational leaders that help them
find and contribute their greatness, and we
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do business at better as the world. I continue to write my own books
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and so one of my latest books
came out in March of twenty twenty three.
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It's called The Great Revitalization, How
activating meaning and Purpose can radically enlignent
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your business, and it's designed to
help leaders understand today's workforce and what they
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actually want and give them about twenty
one best practices to equip them provide that
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through their leadership and their culture,
and you can learn more about my books
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at least Cortes dot com and find
them on Amazon. Now, if you're
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just joining us the program joining overgram
now we have with us Kent Greg war
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He is the co founder of Stakeholder
Business, and we've been talking about a
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bit about that business. I want
to delve more into that. So you
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mentioned just before the break that and
one of the things that you're doing in
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your work at Stakeholder Business is teaching. Would you say fifteen principles that Interface
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uses is out what you said,
Yeah, there are fifteen key lessons that
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have been identified with Interface, and
that's in collaboration with executives in Interface.
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So it's not just the film,
but it's a much larger body of work,
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and they're not the things that we
traditionally here in business school or we're
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hearing you at meetings where CEO's attend. These are lessons that frankly are quite
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surprising, but they did lead to
the great success that Interface has had in
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our environmental sustainability. Can you just
name one for example to start, just
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to give us some keys. Are
one of the ones that all seems to
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get a kind of a surprise it's
actually one of the first ones. It's
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easier to explain. And that is
one of the things that was really important
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Ray when sort of this mad sustainability
came out, is that he absolutely for
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made marketing to ever talk about what
they were doing. And the reason he
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did that is because he wanted to
make sure that the company showed up full
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authentic way, that the company was
showing up, and that the measurement of
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their success would be being noticed.
It would be are they actually doing this
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work? Other people start talking about
them, and we certainly have heard to
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some notion that goes much much deeper
and the lesson that goes on for hours.
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But I think it is an important
one because so often people will say,
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oh, this is great, I
can start doing this. Now,
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how am I going to go tell
everybody that I'm doing it? And my
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question is why is it important?
I'm not saying that's a right or wrong.
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I just simply said why is that
important to you? And get them
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to think it through and determine is
that what they want to do or do
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they really want their own stakeholders to
start discuss opering that things in fact aren't
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very special and very different about their
organization. Thank you for sharing. That's
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beautiful. Okay, So now what
I want to do is I do want
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to talk about the Beyond Zero filming. I As I mentioned, I'm on
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the board of Conscious Capitalism here in
Dallas, and we featured that film in
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February of twenty twenty two for our
members and our guests and it was really
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it's so beautifully done. And I
know you were a part of making that
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film. So maybe at this time
would you say a little bit about how
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did that film come to be?
What was your role in it? Yeah,
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so the film came to be.
Nathan Hady read one of Ray Anderson's
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early books, and he's the writer
and director of the film. He was
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really really maybe I was a called. He was called after he read that
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book and said, you know what, I need to leave the work he
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was doing on Capitol Hill. There's
a better way to actually change the world,
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to create a world that works for
everyone. And he realized it was
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going to be through capitalism. And
Ray became his sort of is you know,
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his hope in the person that he
looked up to and studied through various
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different things. It became possible for
him to actually get collection of all of
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those assets since the late eighties,
which include film footage and all kinds of
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materials, not just a braid,
but other members of the organization, interview
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people, and so he was given
full launch, a carte launch to interface.
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There was no holdback, and there
was a lot of willingness. They
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had no stake in this, money
in it, no nothing, and they
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still they still have nothing. You
know, this was a film that they
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allowed Nathan to do. It's a
huge gift to him, and you know
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he's the one who deserves all the
credit board. The film was actually not
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final. I got involved in starting
to look at what is this going to
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shape up like and giving a lot
of contribution and studying it, but that
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was my I came a little bit
later in that process. But it's pretty
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phenomenal as I as I think back, he's in the film has one various
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different festivals, some of which were
intentionally entered, some just happened, and
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certainly he knew they were happening and
he released the film. But I'd say
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the one that was really pretty amazing
a couple of months ago to be at
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the Cannes Film Festival, to be
invited into screen the film certainly had a
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lot to say about the film.
I got to go back to what you
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first said as you were talking about
this, Kent. I knew this about
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hard because he mentioned this when he
was here in Dallas for that filming,
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that he had left Capitol Hill,
he was had or he had a full
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career in politics and government go in
to pursue business. In this show,
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part of our tagline is business can
be such a force for good in the
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world, and I think that is
a beautiful expression of that. And of
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course the work that you're doing through
stakeholder business is really helping to fortify that.
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So where I want to go next
is there. I'm amazed that you
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know, I do probably I guess
I'd probably talked to a lot of people
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that are more like you then not
like you. So when I hear a
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descent about this idea of, you
know, a stakeholder focus is ridiculous.
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It's you know, untenable, and
that's not what capitalism is, et cetera.
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I just doesn't make any sense to
me. So could you kind of
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want to help us understand why do
people have such an aversion to the idea
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of stakeholder capitalism the whole perspective of
that. And if you're also seeing maybe
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if you're seeing maybe a move away
from those staunch disagree ers or they're still
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really out there and force. Well, one of the things I am noticing
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is that the people who were disagreeing
when they have their you know, particularly
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large platform voice, and it's become
more a political what I would say,
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you know, we're certainly seeing ESG
and another. And what we what we've
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seen is that really many companies are
starting to jump on board. You're curious
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or I think that those that are
curious and they're starting to do something people
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are wanting to learn, they're wanting
to die in and why do they want
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to do that? And one of
the reasons we tell stories, and the
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stories are like beyond zero of interface. We're chronicling what's happening. We're not
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showing a trophy moment. How did
this actually play out in this organization?
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What worked well? What didn't work
well? Where did they invest ten million
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dollars? There was a bomb,
you know, and it took five years
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later, but wow, it was
such a huge payoff, right, And
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how did they get to that point? What were the learning so when people
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really kind of are you know,
like I'm just not sure or yeah,
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that's just not for me. These
people over here are saying, you know,
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it's going to destroy us. What
I say is, know what,
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perhaps not, because companies that are
following it, their performance seems to be
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better, actually their profits are better. One of the things that happens when
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you work on environmental sustainability is that
it helps organizations discover inefficiencies, which in
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turn helps them become more effective,
certainly more efficient, more effective. And
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that's all because it's driving in a
and so the organizations do a lot to
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drive innovation, and innovation, as
we know, isn't going to be just
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around environmental sustainability. It can be
innovation in a broader sense. And today
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who doesn't like innovation. It also
helps with employee engagement, retention, talent.
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You know, younger population certainly isn't
saying that we won't work for a
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company unless they're doing something, but
they're definitely giving strong cues that they want
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to work for a company whose brand
is attractive to most people. And so
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if we talk about North America today, you know, everybody, everything shows
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people want to see companies doing good. They want to see environmental improvements,
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they want to see improvements in society. And I think another one anything something
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that's showing up very strong is that
people want to feel that the work that
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they're doing has a meaning, and
that the meaning of that has a much
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bigger purpose. What are the worthy
problem that they're trying to solve? Sure
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that ends up being a results in
brand reputation, and I'd say more companies
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are starting to ask themselves the question, what if I don't do this,
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will I be left behind? Yes? I can be certain they will be
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left behind. I think that has
more to do with certain industries where a
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company may be in its growth stage, but eventually it'll be left behind.
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Because frankly, it's a huge benefit
to actually be a shareholder business. There's
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just so many benefits. Forget the
financial benefits, there are also so many
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other benefits. So I think people
will begin to see that stakeholder business,
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stakeholder capitalism, conscious capitalism is actually
the future. But we're here today.
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We need to start learning and digging
in and starting to respond. Well.
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You know, there's obviously incredible alignment
here between what you're doing and what I'm
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doing, and with with culture and
leadership as well. And you know,
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when you start, really if you
look at your business from the vantage point
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of and and really look at all
of your stakeholder communities, right, and
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you start to look at one how
can you better unify them around you know,
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your your purpose so that they're they're
really enrolled. But too looking at
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the vitality of those communities you need
each other. And what I want to
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share, you know, just for
our listeners and viewers, is just one
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simple example I had on several years
ago whenever one was doctor Kerry Israel and
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he I think spent ten years presiding
over I think it was Colin County Community
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Colleges here in the in the Dallas
Fort Worth area, and he said,
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one of the things that he first
did when he when he took the role
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that got him into a lot of
hot water is he discovered that most of
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the staff, most of the teaching
staff, had at least one part time
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job to survive. And he said, you know, gosh, we are
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expecting our teachers to teach our students
and they can't even make ends meet with
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what we're paying them. They have
to get another job. Something isn't right
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here. And he increased all of
their pay and of course you can imagine
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the backlash that he got from that, But it's a perfect example of Gosh,
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if the mission is to educate our
community, and the people that we
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rely on to do that, you
know, don't have their full attention on
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the ball, how are we actually
executing them? Perfect example in them?
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Yeah, really important. Well,
certainly we're seeing more and more organizations making
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sure that they're paying a loving weights. You're not trying to figure out what
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little amount they can pay, what
one amount needs to be paid, And
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so I'm speaking of companies that have
very large base of hourly employees, and
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so you know, it is the
notion of helping employees live a life in
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which they love. But certainly it's
pretty hard to love your life if you
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can't pay your bills and you're having
to work multiple jobs and the kind of
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stress. I always say when that
happens. As an employer, than that
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00:29:00.960 --> 00:29:04.279
means your employees primary job is not
the one in which you hire them for.
401
00:29:04.720 --> 00:29:10.720
So get on board. Let's make
sure those employees are paid well and
402
00:29:11.079 --> 00:29:15.680
continue to support them in growing and
elevating them in their life. Doesn't doing
403
00:29:15.799 --> 00:29:18.440
for them? I mean setting things
up to create that really strong culture.
404
00:29:21.440 --> 00:29:23.799
Okay, now that we've served up
you know the potential of this here,
405
00:29:23.880 --> 00:29:27.000
what is stakeholder business really look like? Now? Of course I have to
406
00:29:27.039 --> 00:29:30.559
ask you if you've got an example
of someone that you've worked with or known
407
00:29:30.720 --> 00:29:36.839
a business who's really done well at
striving to meet the diverse needs of their
408
00:29:36.839 --> 00:29:41.559
stakeholder community or serve it or elevate
it. Yeah, well, I think
409
00:29:42.240 --> 00:29:45.440
yeah, there's several great examples.
I want to go back to Bigbie Coffee.
410
00:29:45.440 --> 00:29:49.519
There's something at Bigbie's done that I
think is actually pretty extraordinary. And
411
00:29:52.160 --> 00:29:56.359
so if I looked at the business
problem that they were faced with, is
412
00:29:56.440 --> 00:30:02.279
that we're going to see coffee as
commodity. We're going to see that the
413
00:30:02.319 --> 00:30:06.720
supply of it is starting to shrink. We also have a lot of environmental
414
00:30:06.720 --> 00:30:10.559
concerns around it, and certainly you
know how it's grown, et cetera.
415
00:30:11.319 --> 00:30:15.000
But there's also has been traditionally this
middleman in between, with a lot of
416
00:30:15.000 --> 00:30:18.480
profits being taken so that the farmers
don't have enough money to do what they
417
00:30:18.519 --> 00:30:22.119
really need just to be able to
produce coffee, let alone and pay people
418
00:30:22.240 --> 00:30:27.960
living wage. So what they've done
is actually work really really hard, and
419
00:30:29.039 --> 00:30:33.799
being on a lot of a lot
of different locations around the world, is
420
00:30:33.799 --> 00:30:38.920
to visit these farmers and find the
coffee farmers that meet certain requirements, certainly
421
00:30:40.039 --> 00:30:44.640
environmental, but meet a lot of
different requirements, and then to partner with
422
00:30:44.680 --> 00:30:48.200
that farmer. Farmers there as a
source, and they're going to source all
423
00:30:48.240 --> 00:30:52.680
the coffee from that farmer. They
know the farmers names, they know the
424
00:30:52.720 --> 00:30:55.960
growers names, they know everybody in
the field. It's a name and it's
425
00:30:56.000 --> 00:30:59.000
a face, and it's a place. And to be able to bring that
426
00:30:59.200 --> 00:31:03.400
coffee on into Bigbie Coffee. And
every package of coffee I have some you
427
00:31:03.440 --> 00:31:07.640
know, has the story on it. But what becomes really important about that
428
00:31:07.839 --> 00:31:11.400
is Bigbie Coffee gets their coffee.
And now it's coming. It's not just
429
00:31:11.480 --> 00:31:17.920
fair trade, it's so much beyond
fair trade. And the farmers are now
430
00:31:18.160 --> 00:31:19.960
not only able to pay their people
well, but they're able to do more
431
00:31:21.000 --> 00:31:25.440
in their community, so their communities
are thriving. It's now a vibrant business.
432
00:31:25.680 --> 00:31:30.799
So they now farmers have a sustainable
business model in Big Big Coffee has
433
00:31:30.960 --> 00:31:37.039
improved its sustainability of its business model
and it's a real win win. That's
434
00:31:37.079 --> 00:31:38.319
so beautiful. So I just want
to come up with that really quick and
435
00:31:38.400 --> 00:31:42.079
we'll grab our next break. So
for me, Kent, why I keep
436
00:31:42.400 --> 00:31:47.279
at this is because I look at
the through the lens that we have one
437
00:31:47.559 --> 00:31:51.200
precious life and we don't know when
the exit ramp is coming. And because
438
00:31:51.240 --> 00:31:55.000
I work through the lens also a
purpose and meaning purposes about urgency. There's
439
00:31:55.039 --> 00:31:57.839
a there's a something about you we
don't get forever. So it gives us
440
00:31:57.880 --> 00:32:01.920
a sense of urgency too to fulfill
that purpose while we're here. And what
441
00:32:01.920 --> 00:32:06.759
you've just shared with me is in
us is a great example of just how
442
00:32:06.799 --> 00:32:12.119
beautiful you can be as a business
owner or someone in an organization to be
443
00:32:12.200 --> 00:32:16.240
part of elevating the lives of people
among the whole stakeholder community or maybe even
444
00:32:16.240 --> 00:32:21.079
around the world. And I think
that is a fantastic use of a one
445
00:32:21.160 --> 00:32:25.319
precious life. Yeah, it's amazing, and it's really been amazing to walk,
446
00:32:25.440 --> 00:32:31.400
to talk, to go through these
two very significant what I call transformations,
447
00:32:32.240 --> 00:32:37.200
and that was all let by Nathan
Hay and call leagues working them.
448
00:32:37.839 --> 00:32:43.720
So their stories are very very real
to me and and you know, it's
449
00:32:43.799 --> 00:32:45.519
kind of making the future, and
you might see some films about some of
450
00:32:45.519 --> 00:32:49.960
that. I'm in, I'm in, Okay, what that. Let's let
451
00:32:50.000 --> 00:32:52.640
our let's let our listeners of viewers
think about what we were just talking about
452
00:32:52.640 --> 00:32:55.039
there, about the beauty, the
potential beauty of being in business and expressing
453
00:32:55.039 --> 00:32:59.279
yourself through it. I'm your host, doctor at Least Cortez. We've got
454
00:32:59.400 --> 00:33:02.279
the earth Kent Gregor. He's the
co founder of Stakeholder Business, where he's
455
00:33:02.279 --> 00:33:07.519
on a mission to help entrepreneurs transform
their companies from maximum impact to all stakeholders.
456
00:33:07.759 --> 00:33:25.160
See what this will be right back. Doctor Elise Cortez is a management
457
00:33:25.160 --> 00:33:30.279
consultant specializing and meaning and purpose.
An inspirational speaker and author, she helps
458
00:33:30.279 --> 00:33:37.119
companies visioneer for greater purpose among stakeholders
and develop purpose inspired leadership and meaning infused
459
00:33:37.160 --> 00:33:42.039
cultures that elevate fulfillment, performance,
and commitment within the workforce. To learn
460
00:33:42.039 --> 00:33:45.720
more or to invite a lease to
speak to your organization, please visit her
461
00:33:45.799 --> 00:33:50.240
at Elise Cortez dot com. Let's
talk about how to get your employees working
462
00:33:50.319 --> 00:33:59.920
on purpose. This is working on
purpose with doctor Elise Cortez. To read
463
00:34:00.160 --> 00:34:04.000
our program today or to open a
conversation with Elise. Send an email to
464
00:34:04.079 --> 00:34:08.599
a lease a l I se at
Elise Cortez dot com. Now back to
465
00:34:08.719 --> 00:34:17.280
working on purpose. Thanks for saying
what does it Welcome back to working on
466
00:34:17.320 --> 00:34:21.199
Purpose. I'm your host, doctor
Elise Cortez. As I mentioned in the
467
00:34:21.280 --> 00:34:23.760
last break about my latest book,
The Great Revitalization. With that, I
468
00:34:23.800 --> 00:34:27.559
have created an assessment that's on my
website if you can. If you can
469
00:34:27.639 --> 00:34:30.679
go to Elise Corte dot com on
the help tab how we Help, you
470
00:34:30.679 --> 00:34:36.119
can actually download that three page assessment
and see how your practices are are faring
471
00:34:36.199 --> 00:34:39.360
for today's workforce. If you're just
now joiningus. My guest is Kent greg
472
00:34:39.400 --> 00:34:44.800
war He's the co founder of Stakeholder
Business. So okay, from here we
473
00:34:44.920 --> 00:34:50.519
have to go into this whole notion
of the long or guest related to the
474
00:34:50.559 --> 00:34:52.679
right way to say it is the
short game of business today is today's business
475
00:34:52.719 --> 00:34:57.559
world is played in a short game. Some time ago, I think it
476
00:34:57.599 --> 00:35:01.119
was probably five years ago, I
had on Greg On from Fortune Advisors and
477
00:35:01.159 --> 00:35:06.400
he's written a whole book about the
long game of business for for a you
478
00:35:06.400 --> 00:35:09.639
know, a better outcome, and
it's really really quite quite quite amazing.
479
00:35:09.679 --> 00:35:13.519
So I would love it if you
can kind of talk about, you know,
480
00:35:13.599 --> 00:35:15.360
here we are in a world room
by these short term results, how
481
00:35:15.440 --> 00:35:22.039
can leaders encourage their their teams to
adopt a more longer term perspective that aligns
482
00:35:22.039 --> 00:35:29.599
with a conscious business mindset. Yeah, so, you know, it's it's
483
00:35:29.599 --> 00:35:32.840
certainly a big, big challenge.
And yet at the same time, I
484
00:35:32.840 --> 00:35:37.079
think one of the notions is we
have to be patient, right, and
485
00:35:37.440 --> 00:35:40.320
but Wall Street says we can't be
patient, can't come on, hold on.
486
00:35:42.000 --> 00:35:45.320
I think one of those big challenges
is, you know, when public
487
00:35:45.320 --> 00:35:47.119
companies we have Wall Street and things, you see earnings, you know,
488
00:35:47.320 --> 00:35:52.559
a quarter overcords thing. We're a
private company, you know, it can
489
00:35:52.599 --> 00:35:55.760
be all over the board. Private
company might be that the exit, that's
490
00:35:55.800 --> 00:35:59.960
what they're they're working for. Like
you know, one of my early company
491
00:36:00.159 --> 00:36:02.599
shall grow the thing, scale it
and exit and you know, walk away
492
00:36:02.639 --> 00:36:06.840
with a big amount of money.
And if that's the case, then it's
493
00:36:07.000 --> 00:36:09.159
it's going to be difficult, right, It's it's not going to un fifth.
494
00:36:09.480 --> 00:36:15.039
I'd say more it's about helping employees
and helping all the stakeholders understand that
495
00:36:15.360 --> 00:36:20.239
you know, a stakeholder business it
is a longer term play. But when
496
00:36:20.320 --> 00:36:24.639
a storm arise arrives, like COVID
as an example, we all certainly having
497
00:36:24.679 --> 00:36:30.280
forgotten, it is still very much
here and when it arrived. Those companies
498
00:36:30.320 --> 00:36:37.679
that took a longer term approach to
building their organization were frequently the ones who
499
00:36:37.719 --> 00:36:43.119
actually did quite well during the pandemic. I know of one company in South
500
00:36:43.199 --> 00:36:51.840
Florida at five locations. They're in
swimming seven thousand student go through the program
501
00:36:51.880 --> 00:36:57.159
every single week. All the things
that they did because they took this long
502
00:36:57.280 --> 00:37:00.800
term approach. It wasn't like,
oh, me now met to entirely new
503
00:37:00.840 --> 00:37:04.000
game plan. It was being who
they are. They had to make some
504
00:37:04.079 --> 00:37:08.119
adjustments. But in those adjustments,
after about three months, all the employees
505
00:37:08.159 --> 00:37:15.119
came back. They didn't lose employees
because they were really understood the long game,
506
00:37:15.280 --> 00:37:17.119
how to be a part of it, how they were treated before,
507
00:37:17.480 --> 00:37:22.960
during and continuously. So I think
that's a really big one. One of
508
00:37:22.039 --> 00:37:28.639
the things I think that a huge
testament is really Rayanderson. His whole thing
509
00:37:28.719 --> 00:37:34.280
was around reducing their environmental impact,
and he very well knew it was a
510
00:37:34.280 --> 00:37:37.000
long game, it was going to
take some time, but he was also
511
00:37:37.079 --> 00:37:42.360
going to have some really great innovation
along the way it would reduce their cost.
512
00:37:42.760 --> 00:37:47.119
So getting employees involved in solving these
problems and being willing to be more
513
00:37:47.239 --> 00:37:52.760
creative share their ideas to help move
this innovation forward is what they're looking for
514
00:37:53.000 --> 00:37:58.239
because it creates this meaning and their
work and helps them reshape their business in
515
00:37:58.280 --> 00:38:01.519
the world in which we live.
So getting employees involved when they can see
516
00:38:01.559 --> 00:38:07.559
that the work they're doing is actually
connecting to something larger, makes it worthwhile.
517
00:38:07.800 --> 00:38:10.760
That's it's probably my jam Kent.
I'm right there with you, and
518
00:38:10.840 --> 00:38:14.320
you know, as I you heard
me say at the very beginning of this
519
00:38:14.599 --> 00:38:16.280
the show when I was introducing it. It's been on air for eight and
520
00:38:16.320 --> 00:38:21.400
a half years, so I think
your episode four hundred and forty seven,
521
00:38:22.440 --> 00:38:25.679
and you know the surround sound that
I'm hearing from because I usually bring on
522
00:38:25.760 --> 00:38:30.360
you know, thought leaders like yourself, business practitioners and authors, and the
523
00:38:30.400 --> 00:38:35.199
surround sound is absolutely get everybody involved
in solving the problem. You need all
524
00:38:35.280 --> 00:38:37.239
these minds, activate all these hearts
and minds, not just a few leaders
525
00:38:37.280 --> 00:38:42.320
at the top and everyone else is
expected to just fall in line with what
526
00:38:42.360 --> 00:38:46.280
they say. We need everybody contributing
to the innovation, to the problem solving,
527
00:38:46.400 --> 00:38:50.760
and one it's just much more meaningful
for them too. And two in
528
00:38:50.800 --> 00:38:53.400
today's very complex world, we need
to activate all those minds and hearts.
529
00:38:54.239 --> 00:39:00.519
Yeah, I think that's something that
activating the minds and hearts helping CEO's helping
530
00:39:01.239 --> 00:39:08.760
leaders understand that stakeholder business is really
an amazing gift. When we really understand
531
00:39:08.800 --> 00:39:13.880
our stakeholders, we ask them what
their needs are, we start partnering with
532
00:39:13.960 --> 00:39:15.760
them. That's one of the things
I learned from my dad. Even though
533
00:39:15.760 --> 00:39:20.719
I got off path when I was
ten, he always had gift holds pneering
534
00:39:20.760 --> 00:39:23.679
table and was trying to figure out
how to help them and help them grow
535
00:39:23.719 --> 00:39:28.440
their business. And my father didn't
do it. It wasn't like a one
536
00:39:28.480 --> 00:39:31.480
to one ratio. He was really
vested in them. And I think that
537
00:39:32.199 --> 00:39:37.599
when business leaders, more of them, begin to see how the stakeholders are
538
00:39:37.679 --> 00:39:42.719
actually a big part of the fuel
of our success, we're going to see
539
00:39:42.760 --> 00:39:45.559
a much faster adoption. We're going
to get to what we say in our
540
00:39:45.639 --> 00:39:50.880
business is a sixteen percent tipping point
is what we're measuring, and when we
541
00:39:50.920 --> 00:39:58.960
receive us sixteen percent tipping point of
companies with a billion or more dollars in
542
00:39:59.039 --> 00:40:02.719
revenues. That's we're pinning it as
to have mass numbers of employees as well.
543
00:40:02.960 --> 00:40:09.280
When sixteen percent of those companies are
following stakeholder business stakeholder capitalism, we
544
00:40:09.320 --> 00:40:15.239
will know that the world is changing, certainly North America and Mexico changing.
545
00:40:16.559 --> 00:40:21.679
But it is incredibly exciting, Kent, incredibly exciting to me. And what
546
00:40:21.800 --> 00:40:23.440
you were talking about before, they're
kind of reminding me of the notion that
547
00:40:23.639 --> 00:40:27.199
I knew that I wanted to ask
you about this, and it's the relationship
548
00:40:27.199 --> 00:40:32.039
between profitability and ethics, which can
be really, really really sticky, And
549
00:40:32.039 --> 00:40:36.400
I'd love for you to just to
kind of comment on your perspective of you
550
00:40:36.440 --> 00:40:40.119
know, those two worlds and what
you've learned, observed or maybe seen in
551
00:40:40.239 --> 00:40:45.400
your work with stakeholder business in that
realm. Yeah. Well, the first
552
00:40:45.440 --> 00:40:50.480
thing I want to say, just
as a general comment, when ethics,
553
00:40:50.559 --> 00:40:52.679
and you know, ethics is a
very you know, we can all say
554
00:40:52.679 --> 00:40:57.639
we're ethical, right, but ethics
also requires a lot of testing. Others
555
00:40:57.719 --> 00:41:04.559
are involved to help keep us true
ethics because it's it's very complex to me
556
00:41:05.360 --> 00:41:08.559
when we operate an organizational ethics.
Frankly, it becomes a lot easier.
557
00:41:08.920 --> 00:41:14.400
Key stories that we tell ourselves and
tell other people are not helping us and
558
00:41:14.519 --> 00:41:16.719
we think they are, and we're
doing it when it's not. It's very
559
00:41:16.760 --> 00:41:22.039
mainfulative. So I would say between
profitability and ethics, we don't think of
560
00:41:22.079 --> 00:41:25.599
maybe a couple of different examples.
The company I know fairly well ironically,
561
00:41:25.639 --> 00:41:31.320
they actually one of my companies on
the lake in Burlington, on Lake Champlaine
562
00:41:31.320 --> 00:41:37.199
in Burlington no longer there, moved
to a different location, but Seventh Generation
563
00:41:37.280 --> 00:41:42.360
took it over and that was originally
where they started. And Seventh Generation a
564
00:41:42.599 --> 00:41:49.880
very mission driven organizationalists acquired by Uni
Leaver an Inni Leaver now for several kind
565
00:41:49.920 --> 00:41:52.960
of company that you know Seventh Generation
wants to sell to. That's a huge
566
00:41:52.960 --> 00:41:59.360
badge of honor. And they had
an amazing, really a fantastic exit monetarily
567
00:41:59.400 --> 00:42:02.559
as well as everything else. And
I would say it is really predicated upon
568
00:42:02.639 --> 00:42:09.480
their customer loyalty, and customer loyalty
doesn't exist when there isn't strong ethical behavior
569
00:42:09.519 --> 00:42:15.400
by the corporation. I lean Fisher
is another. She's commitment to long term
570
00:42:15.440 --> 00:42:22.199
sustainability, and it is in fashion. I'd say her customers are very cult
571
00:42:22.239 --> 00:42:24.960
like, so again it comes back
to customers. But the decisions that they
572
00:42:25.079 --> 00:42:30.039
make from an ethical point of view
is really difficult to manage because when you
573
00:42:30.039 --> 00:42:37.519
think about sustainability and you think about
garments, there's a lot of complexity there.
574
00:42:37.960 --> 00:42:42.119
And of course we all we all
know the story of Patagonia. You
575
00:42:42.159 --> 00:42:45.079
know, they like to push the
envelope. You know, they're very vocal.
576
00:42:45.480 --> 00:42:50.239
They that environmental advocate that we've all
needed, and they're absolutely committed to
577
00:42:50.239 --> 00:42:52.440
the cause. You know, planet
is first and everything that they do,
578
00:42:52.800 --> 00:42:59.360
and they're quite overt and even sometimes
play a little bit of a challenge with
579
00:42:59.440 --> 00:43:01.400
even their own products. They'll put
it out there and say, maybe you
580
00:43:01.440 --> 00:43:05.599
really shouldn't buy this product, maybe
you need to hold us to a higher
581
00:43:05.719 --> 00:43:09.880
standard. And to me, that's
really putting up front, to put to
582
00:43:09.920 --> 00:43:16.159
the forefront some ethical considerations. Beautifully
share. Oh, that was just gorgeous.
583
00:43:16.159 --> 00:43:19.360
We could we could have a whole
of the set of shows just on
584
00:43:19.440 --> 00:43:22.800
that. In the beginning of our
conversation, you mentioned Kent that you were
585
00:43:22.880 --> 00:43:27.679
focused on or you were working a
lot with AI, and I wanted to
586
00:43:27.760 --> 00:43:31.880
definitely ask you, we all understand
how technology is completely changing the business landscape,
587
00:43:31.960 --> 00:43:37.960
especially even just recently with some of
the AI introductions. Interested to hear
588
00:43:37.000 --> 00:43:44.440
your perspective on how you see technological
advancements influencing trajectory of conscious capitalism and stakeholder
589
00:43:44.480 --> 00:43:49.320
driven practices. Yeah, well,
definitely get the AI one of the things,
590
00:43:49.320 --> 00:43:52.400
certainly are very well aware of social
media and it's playing in open moor
591
00:43:52.519 --> 00:43:59.639
and all of the other places in
which consumers, employees, and other stakeholders
592
00:43:59.679 --> 00:44:02.079
can contribute how they feel about a
product, your service, and how they
593
00:44:02.079 --> 00:44:05.920
feel about the company, how do
they feel about working there, whatever it
594
00:44:05.960 --> 00:44:08.360
may be. And so we're going
to we're going to continue to see that
595
00:44:08.559 --> 00:44:14.199
at a higher level. We've also
seen examples where you know, somebody did
596
00:44:14.280 --> 00:44:20.920
something and it literally just crashed their
business. A leader, a dentist misbehaves
597
00:44:21.360 --> 00:44:24.119
and the next thing he knows is
patients aren't there anymore. They're not going
598
00:44:24.159 --> 00:44:28.679
to tolerate it. So, you
know, kind of going back to ethics
599
00:44:28.679 --> 00:44:32.639
and going back to kind of the
transparency of doing good. Companies that are
600
00:44:32.679 --> 00:44:37.519
not doing good definitely, you know
what are harmed. At the same time,
601
00:44:37.599 --> 00:44:42.000
I think it also oftentimes has to
do with how the company's responding.
602
00:44:42.920 --> 00:44:46.840
AI is going to be very very
interesting. I'm I'm definitely studying it feverishly.
603
00:44:47.079 --> 00:44:51.920
I'm I'm excited. I see conscious
capitalism as an event on AI and
604
00:44:51.920 --> 00:44:53.719
they're calling it, you know,
in that that the person is putting it
605
00:44:53.760 --> 00:45:00.719
on is highly respected and somebody I'm
anxious to to listen to. But in
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00:45:00.840 --> 00:45:04.960
that they're considering it a potential stakeholder. And I think that's one of the
607
00:45:04.960 --> 00:45:07.639
things that I'm wrestling with. I
don't know that AI is a stakeholder as
608
00:45:07.719 --> 00:45:13.199
much as because it's pervasive throughout the
entire organization. Is kind of like saying
609
00:45:13.320 --> 00:45:19.360
purpose, Your purpose isn't a stakeholder. Purpose is essential, and then all
610
00:45:19.400 --> 00:45:22.039
the stakeholders are connected to the purpose. I think we're going to see AI
611
00:45:22.119 --> 00:45:28.840
as more of an operational and how
it gets operationalized, to see through innovation
612
00:45:29.039 --> 00:45:34.719
to help find these efficiencies some of
the things I mentioned before. It isn't
613
00:45:34.760 --> 00:45:38.320
just about you know, quickly finding
great text and you know, ask a
614
00:45:38.400 --> 00:45:42.920
question and you've got your next blog
written. You know, it's solving some
615
00:45:42.960 --> 00:45:47.119
really big challenges. And I don't
think it's just companies that are going to
616
00:45:47.159 --> 00:45:52.719
spin up because of AI. It's
really how are companies going to bring AI
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00:45:52.960 --> 00:45:57.800
into their place? One of the
consulting companies, I don't remember which one,
618
00:45:57.840 --> 00:46:01.639
but one of the really big consulting
global companies is starting to use AI
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00:46:02.000 --> 00:46:07.840
internally for the purposes of a database. Think of taking quicking and everything else
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00:46:07.880 --> 00:46:12.360
and putting all the data that they've
ever had in a place so now their
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00:46:12.400 --> 00:46:16.159
consultants can ask questions interest get all
of this information. Yeah, it's like
622
00:46:17.440 --> 00:46:22.719
it's one of the really big consulting
firms. Yeah. Interesting, Okay,
623
00:46:22.760 --> 00:46:25.280
I would be remiss, And we're
getting close to the end here. I
624
00:46:25.320 --> 00:46:30.760
have to know what you see as
the future of conscious capitalism and stakeholder business.
625
00:46:30.800 --> 00:46:35.400
Where's it going? Well? It
definitely my hope that more organizations really
626
00:46:36.480 --> 00:46:40.960
conscious leadership, the stakeholder orientation,
and really this conscious culture that it becomes,
627
00:46:42.760 --> 00:46:50.079
you know, this place of common
I think that I really do feel
628
00:46:50.079 --> 00:46:55.360
strong that this generation that's coming up
that's actually not quite yet out of school
629
00:46:55.440 --> 00:47:00.280
yet, they're coming up, this
particular generation are very much already you know,
630
00:47:00.519 --> 00:47:05.559
with consciousness, and we're not to
put up with They're not going to
631
00:47:05.599 --> 00:47:09.119
put up with anything that's shortsighted.
It's just not going to happen. So
632
00:47:09.320 --> 00:47:15.440
we're seeing a number of different things
that will take place. So I think
633
00:47:15.559 --> 00:47:20.559
interesting is in our business, in
stakeholder business, we're kind of answering that
634
00:47:20.719 --> 00:47:24.679
question as well. It's really important
to us in our theory of change.
635
00:47:24.679 --> 00:47:30.119
Our domains of influence might be a
better way of explaining it. Business education,
636
00:47:30.480 --> 00:47:35.719
we've been using the Beyond Zero writing
the lessons. It's in educational curriculum
637
00:47:35.880 --> 00:47:39.280
in colleges and universities and some of
the most prestigious ones around the world,
638
00:47:39.559 --> 00:47:43.480
and that's eventually going to be rolled
out to all of them. We're going
639
00:47:43.519 --> 00:47:46.280
to continue that process with all our
films, sources of capital, and you
640
00:47:46.280 --> 00:47:51.800
know I mentioned KKR and Peter Rabbo's
earlier. You know, KKR is the
641
00:47:51.920 --> 00:47:54.679
kind of private equity firm that we
all want to work with when we're a
642
00:47:54.719 --> 00:48:00.239
stakeholder business and understand how to influence
others. So that's something we're doing to
643
00:48:00.280 --> 00:48:07.039
get to this tipping point. Professional
associations in groups as well as the business
644
00:48:07.119 --> 00:48:10.440
media. We'll be working with our
society members and others, not as the
645
00:48:10.480 --> 00:48:15.599
coach the media coach, but to
prepare them in the talking points when called
646
00:48:15.679 --> 00:48:22.519
upon with media to get these inspiring
stories out there so people can understand that,
647
00:48:22.880 --> 00:48:25.039
yes, this is being done.
And if you've watched Beyond Zero,
648
00:48:25.199 --> 00:48:30.440
the most one of the most common
things I ever hear from CEOs is I
649
00:48:30.519 --> 00:48:34.079
want to be like ryand or something
that last thing we're working on as the
650
00:48:34.119 --> 00:48:39.920
consultants and helping consultants really understand this
and give them the models and the methodologies
651
00:48:40.000 --> 00:48:43.920
and the friend works, all the
things that need to be done to help
652
00:48:43.960 --> 00:48:47.039
support them and give them this learning
material to be able to bring into their
653
00:48:47.079 --> 00:48:54.320
consultancies to work with the CEO's goal
beautiful or beautiful person, beautiful mind and
654
00:48:54.320 --> 00:48:58.000
soul. Kent, I'm so happy
to know you and to share with my
655
00:48:58.079 --> 00:49:00.239
listeners and viewers around the world.
Thank you for showing up and being on
656
00:49:00.320 --> 00:49:06.039
working on purpose. Thank you Louis, listeners, viewers. If you want
657
00:49:06.039 --> 00:49:08.400
to learn more about Kannack Gregoire and
the work he is doing at Stakeholder Business,
658
00:49:08.480 --> 00:49:13.719
just go to stakeholder business dot com. Last week you to miss the
659
00:49:13.719 --> 00:49:15.360
live show you always kept to be
a recorded podcast. We are on the
660
00:49:15.360 --> 00:49:20.840
air with Atifafik, who has served
as the chief digital innovator for many Fortune
661
00:49:20.840 --> 00:49:23.519
five hundred companies. We talked about
his new book, Decision Sprint, the
662
00:49:23.639 --> 00:49:28.480
new way to innovate into the unknown
and move from strategy to action. We
663
00:49:28.599 --> 00:49:31.719
talked about how his book shares the
secret SOFCE strategy of innovation to help companies
664
00:49:31.960 --> 00:49:37.559
work further upstream to make decisions and
create winning strategies. Next week will be
665
00:49:37.639 --> 00:49:42.239
on the air with Tracy Schubert Barrett, who spent twenty years building HGTV and
666
00:49:42.320 --> 00:49:45.840
has since been on a ten year
mission to help businesses, leaders and individuals
667
00:49:45.880 --> 00:49:50.320
reach our potential beyond success to embrace
the significance. We'll be talking about her
668
00:49:50.360 --> 00:49:53.800
new book, What If There's More
Finding Significance Beyond Success. See you there,
669
00:49:53.800 --> 00:49:58.119
and remember work as an essential part
of our lives, ultimately the way
670
00:49:58.159 --> 00:50:00.199
we'd spend our lives. It can
be one of the best adventures and means
671
00:50:00.199 --> 00:50:04.719
of realizing our potential and making the
impact we crave. So let's work on
672
00:50:04.800 --> 00:50:10.400
Purpose. We hope you've enjoyed this
week's program. Be sure to tune into
673
00:50:10.440 --> 00:50:15.559
Working on Purpose featuring your host,
doctor Elise Cortez, each week on W
674
00:50:15.760 --> 00:50:21.000
four CY. Together, we'll create
a world where business operates conscientiously. Leadership
675
00:50:21.079 --> 00:50:24.639
inspires and passion performance and employees are
fulfilled in work that provides the meaning and
676
00:50:24.679 --> 00:50:29.360
purpose. They crave see you there. Let's work on purpose.