Conscious capitalism: The benefit of running a people-based organization

No time to read?
Get a summary

EurofirmsGroup, the leading national talent management company, received Raj Sisodia, a renowned professor and internationally prestigious lecturer, at its headquarters for a talk on conscious capitalism. Sisodia was able to share with some of the group’s leaders. benefits of running an organization under a model that seeks people’s well-being above economic profitIt is a philosophy that has been introduced worldwide since 2008.conscious capitalismThis fits the ‘People First’ culture that Eurofirms has successfully implemented for 30 years.

According to Raj Sisodia, a change in the economic paradigm is necessary. Organizations and business leaders must ensure the well-being and development of employees, suppliers and customers., it creates a positive impact on people, society and the planet’s environment. in his last book TThe Healing Organization explains how this business change will be achieved and its benefits, with examples of companies that have achieved this and also achieved excellent economic results. Sisodia, “Organizations should have a clear purpose shared by all their members and work for the benefit of all. Having leaders – not just for shareholders or owners – who are different from traditional leaders, who look after people and the purpose of the organization rather than power or money, and who instead should foster a positive culture, trust and cooperation, fuel competition and competition-”.

The professor argues that although the quality of life has improved in many ways thanks to capitalism, it also brings with it a lot of suffering in the world: “There are many people living in poverty, wars, natural disasters…n companies are becoming more and more professional with stress, anxiety, depression, burnout and mental problems. The human cost is very high.”. The answer to this pain Creating organizations that “heal”Promoting healthy growth, where suffering is reduced and more joy is brought into the world through work activity. It is necessary to raise economic awareness and think about how companies can serve others. “Until now, the sole purpose of companies was to make more money than any other institution in society, with all its negative effects on people.” He argues that organizations that propose these principles are more successful because conscious capitalism is an economically beneficial solution. Also, Sisodia, “If the current situation does not change, the planet will be destroyed.” and therefore, “What is at stake is the survival of humanity”.

Inspiration for Eurofirms and People First corporate culture

Miquel Jordà, CEO and owner of Eurofirms Group, said, “The philosophy of conscious capitalism is very inspiring. I feel very much identified with him since we implemented our app. Human first corporate culturefocused on the well-being of the entire company and people as the axis of every business decision. Create work environments that promote respect, responsibility, transparency and empower people to bring out the best in themselvesis the only way for every professional to unlock their full potential and stay committed to the purpose of the organization. The result is good results,” he said.

Raj Sisodia indeed points out that “there are companies that are already implementing this model because everybody wins” and that “well-run companies are a heroic thing.”

No time to read?
Get a summary
Previous Article

Last minute of the war in Ukraine, live | Putin reiterates targeting Donbas

Next Article

Chinese scientists have discovered an unexpected effect of 6G exposure on the human brain.