Corporate Social Responsibility ( Csr ), And Conscious Capitalism

1319 Words Dec 11th, 2015 6 Pages
Everything that we as individuals do adds value to society. Through our actions, we strive to create a way for people to cooperate and get things done efficiently. This value driven movement exists through an acknowledgement of purpose beyond just making a profit. Servant leadership, corporate social responsibility (CSR), and conscious capitalism are practices designed to achieve this goal upon their implementation by organizations. All three of these theories have the same objective to serve the greatest number of stakeholders. However, the tactics employed by each are seemingly different. Similar to a car engine, conscious capitalism and servant leadership each represent components of the machine necessary to successfully drive the car, while CSR is an optional extra; especially for businesses with a well-established economic engine.
A vehicle cannot run without its engine. Likewise, in today’s advancing world, conscious capitalism is a necessary component in the effective operation of an organization. The values that fuel this engine include conscious leadership, stakeholder orientation, conscious culture, and a higher practice. Whole Foods is the greatest example of conscious capitalism. As part of their philosophy, there is a balance between what’s good for shareholders, employees, customers, vendors, the community, and the environment. Whole Foods ultimately believes that all stakeholders are important, which makes it necessary for everyone to cooperatively work…

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