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Conscious Capitalism

Liberating the Heroic Spirit of Business
Narrated by: Grover Gardner
Length: 11 hrs and 14 mins
4.5 out of 5 stars (20 ratings)
Regular price: £22.99
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Summary

In this New York Times and Wall Street Journal best seller, Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today's best-known and most-successful companies, they illustrate how these two forces can - and do - work most powerfully to create value for all stakeholders, including customers, employees, suppliers, investors, society, and the environment.

Conscious Capitalism helps us better understand how companies such as Southwest Airlines, Costco, UPS, Panera, Patagonia, Google, The Container Store, and many others, use four specific tenets - higher purpose, stakeholder integration, conscious leadership, and conscious culture and management - to build strong businesses, advance capitalism toward its highest potential, and foster a more positive environment for all of us.

©2013 Harvard Business School Publishing Corporation. Recorded by arrangement with Harvard Business Review Press. (P)2014 HighBridge Company

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An excellent glance at Whole foods business model

The book reveals and describe a future view on capitalism. As the title reveals conscious capitalism should be the key point of major companies focused on sustained longterm business model. Very similar to Yvon Chouinard’s private company Patagonia and his books “Let my people go surfing” Whole foods CEO John Mackey delivers an excellent view of the company philosophy and business thinking. Without exaggerating the book easily could be called a “classic”.

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  • Konstantin
  • 23-08-14

Amongst top leadership and management books!

If you could sum up Conscious Capitalism in three words, what would they be?

Great conceptual approach to balanced management.

What did you like best about this story?

Although my initial motivation to listen to this book was to learn more about Whole Foods and about John Mackey from investment standpoint in the company's stock, this book could be closely compared to "Good to Great", in fact John Mackey references it at some point, particularly the time aspect and how long it takes to build a conscious company. Similar to many other books including "Good to Great", it is hard to ignore the fact that the theories presented are not bulletproof and still subject to many other economic, regulatory and industry headwinds, the book, nevertheless portrays a very well structured approach to balanced management. Although based on Whole Foods example, it doesn't overly fixate on Whole Foods rather uses Whole Foods as an example to support the conceptual theories that should be considered as a part of balanced management approach by leaders in general. The book addresses important key elements of culture, employee relations, transparency, strategic initiatives and more. Certainly one of the best Leadership and Management books I've come across as well as an easy read.

5 of 5 people found this review helpful

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  • Elias Papadopoulos
  • 23-12-14

Reaches the core of how a business should be run.

Would you listen to Conscious Capitalism again? Why?

The only reason I would hesitate to listen to this again would be the narrator. I just don't like his voice but there's nothing that can be done about that so, yes, I would have to listen to it again as there are so many valuable lessons here. You have to feel what it means to have a conscious business. It can't be faked.

What other book might you compare Conscious Capitalism to and why?

Uncontained, Start with Why, Leaders eat last, Delivering Happiness

Would you be willing to try another one of Grover Gardner’s performances?

No. I don't like the man's voice.

Was there a moment in the book that particularly moved you?

Yes, the part where they had the flood and how the community reacted.

Any additional comments?

I hope everyone runs their business this way in the coming years. I know I will.

4 of 4 people found this review helpful

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  • Leonardo Barci
  • 15-12-18

Just a GREAT book

Paraphrasing Obi Wan Kenobi (from the legend Star Wars) this book is an “Elegant Weapon for a More Civilized Age”. A ‘must read’ book for all state of the art Entrepreneurs

2 of 2 people found this review helpful

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  • MICHAEL W
  • 21-03-16

Interesting

Any additional comments?

The narration felt monotonous and I found myself having a hard time staying focused at times. The story, while centered on Whole Foods, was supportive of the theme. Initially, I was skeptical of the premise, but warmed up as I listened and found that there were a number of core principles that are very much in alignment with my beliefs.

2 of 2 people found this review helpful

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  • Chris
  • 28-01-19

Great insight to the mindset of Whole Foods

I really enjoyed hearing the perspective of the CEO and understanding the motives behind so many decisions. It is refreshing to hear someone so forthcoming.

1 of 1 people found this review helpful

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  • Carrie Loven
  • 25-04-18

A must read

If you are in business, you must read this book. I have always said that Crony Capitalism has nothing at all to do with Capitalism. I couldn’t find the words to describe what I meant by that. This book puts those feelings into precise context.

1 of 1 people found this review helpful

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  • Titus Crabb
  • 27-03-15

Interesting approach to capitalism

This is a great appeal for businesses to be conscious of the affect they have on the lives of their employees, suppliers, customers, and their families. It encourages long term thinking and emphasis on adding value to society as a whole. The book does not advocate for corporate versions of socialism, and it does not lose sight of the need to make a profit.

My only criticism of the book is going a bit too far, in my opinion, with pleas for "love" in the workplace. I think I get his point, but I think the use of that term clouds the issue in misconception.

I highly recommend this book for business owners and those who think business owners are evil. Enacted responsibly, capitalism is good for all of us.

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  • David Colister
  • 16-02-15

Read It or Weep!

My marketing, branding, and culture work helped my clients create a combined total of $7 billion in new revenue.

They always stopped short of going the distance and heeding my admonitions to do the culture work and treat customers, staff, suppliers, sales people, and others in ways similarly outlined in this book. They just wanted the money and the success now!

Ultimately, due to their shortcuts and short sightedness, they all paid a painful price when their growth phase was cut short, their sales dropped rapidly, and their competitors gobbled the spillover.

I no longer will help a company grow that doesn't want to apply these values. I've read hundreds of books and this one is now required reading for any new client. It gives us common language and a measure of proof that the old days and ways of doing business in the 20th Century are as outdated as a rotary phone.

If you care about your business you'll read this book or weep when you lose it to others who apply the principles. Doubt it to your detriment or embrace it to your long-term success.

1 of 1 people found this review helpful

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  • C. Armstrong
  • 01-03-19

The Good Side of Business

Many people think the Amazon buyout of Whole Foods for $14 billion was random. Read this book and it’s clear as daylight why Bezos & co. made the deal. John Mackey is a brilliant entrepreneur and businessman, and this is his manifesto on being ‘Consciously Capitalist.’

This book is so high-level that it approaches the realm of the philosophical. It should be required reading for anyone who considers Socialism to be a noble and just system, and business to be evil. John Mackey himself seems to be an evolution of Milton Friedman and John Adams, so if you like either you won’t be disappointed.

The one star reviews most likely come from low-level people in an organization who don’t truly understand how the separate parts fit together, or the ‘Crony Capitalist’ types Mackey speaks so harshly of (namely, Wall Street & the financial sector). Mackey's methodology is hard and requires a disciplined approach — just as eating junk food and playing video games all day may feel good in the short term, but will lead to all sorts of mess, depression and health issues in the long term.

There are so many one-liners in here that are worth the price of admission. My favorites being:
“A company built on fear and stress is like a house infested with termites. It may look fine from the outside — but, it is slowly being eaten away from the inside, until one day it just collapses.”

“Profits are essential for a company to better fulfill its purpose. Creating profits provides the capital our world needs to innovate and progress. NO PROFITS = NO PROGRESS.”

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  • Arland Bond
  • 28-12-18

Engaging

Worth at least 6x every minute spent listening, making notes, soaking it in. I feel I've ran past businesses in alignment with CC and will do so with the one in the hopper.

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