Concept of Conscious Capitalism

Conscious Capitalism

The purpose of this discussion is to explore the concept of Conscious Capitalism further. This concept is based on the belief that today’s companies can and are good, ethical, noble and heroic.  (Conscious Capitalism website, 2017)

Conscious Capitalism is an amazing concept and has many applications in today’s workforce.  The principles that make up a conscious business are purpose, stakeholders, leadership, and culture.  The writer finds an upbeat feeling and excitement about these concepts and finds the idea of having a higher purpose intriguing.  Employees are more efficient and productive when they feel invested and satisfied within a work environment.  Companies that create such an atmosphere find a happier, content, and loyal workforce.

A negative by-product of this doctrine is that companies may preach conscious capitalism, but behind closed doors, they do not implement true change.  The face shown to the world is completely different than that on inside.  Employees get burned out on the “new” concepts or programs.  These negative feelings of employees cause the benefits of these programs never to be fully recognized.

The concept of conscious capitalism is wonderful, and the writer would be beyond excited to work at such a company.  In truth, many companies fall short of realizing these goals.  

 

References

Conscious Capitalism website. (2017). https://consciouscapitalism.org

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