Building a Conscious Enterprise indroneil mukerjee (http://www.indroneil.com) What ails economy today? According to a list of business failures collected in Wikipedia more than 250 companies met the eventual SYMPTOMS demise of their well-known brand between year 2000 1. A business cycle earmarked with recessions 2. Alternating upswings and downswings 3. Bail outs and wipe outs 4. Businesses operating micro term 5. 9 out of 10 start-ups failing 6. Prices spiraling 7. Stock markets in a tizzy 8. Consumers going crazy 9. Low employee confidence 10. Global economic indicators on slide and now. The causes include corporate crime and simple insolvency, and are notable for their financial impact on the economy. These include well-known brands of the likes of AgfaPhoto, Air America Radio Ansett Australia, ATA Holdings, Atlas Air, Enfield F.C, Enron, Jessops, Lehman Brothers, Maersk Air, Napster, Nortel, Northwestern Steel and Wire Polaroid Corporation, Silicon Graphics, Swissair, The Sharper Image, Tower Records, Trans World Airlines, Woolworths Group and WorldCom. December 12, 2013 Copyright (c) Indroneil 2013 2 …the related quality of life & living? Corruption perception index 2010 Global protests December 12, 2013 Copyright (c) Indroneil 2013 3 Step back and reflect …. WHAT COULD BE THE REASON? December 12, 2013 Copyright (c) Indroneil 2013 4 Nature of prevailing businesses … December 12, 2013 • Addicted to unsustainable exponential economic expansion. • Predicated on the flawed assumption that GDP will always keep increasing • Led by the greed to maximize profit anyhow • 5S obsession • Involves zero-sum or negative-sum transactions • Mechanical systems following linear transactive processes • Insulated from and insensitive to systemic realties • Characterized by systemic denial and self-deception Copyright (c) Indroneil 2013 5 …and the state of enterprise consciousness Needs Values Assum ptions Desire Dream Pursuit Conscious Passion Avarice Purpose Power of Love Unconscious Love of Power Acquisition Scarcity Abundance December 12, 2013 Ambition Copyright (c) Indroneil 2013 6 Companies who survived the recession Secret of survival Amazon Focus on the long term: looks to innovate with products like its new Kindle 3, and strives to expand market share, forever anticipating the next change. Ford A complete overhaul, eliminating models from its line, cutting costs and revamping its image Domino's Novelty: changing the self-proclaimed cardboard crust and ketchup sauce to a new, improved pizza Intel Simple patience: by waiting for pent-up demand to return Lego Exploration of the global market was the key to this company's recession-bucking success. December 12, 2013 Copyright (c) Indroneil 2013 7 What did they do differently? • Refrained from panicked kneejerk – Responded rather than reacted • Did not rely on best-practices – Did what was appropriate for their organization in the situation • Let go, where necessary – Did not hesitate to revamp • Looked long term – Growth, rather than survival was in focus December 12, 2013 Snapshot of findings from a research carried out in 2008 across 4700 companies Copyright (c) Indroneil 2013 8 Nature of emerging businesses Create, conserve and consume in harmony. Work towards co-creating collective wealth, wisdom and well-being – inclusive. Driven inside-out: values, purpose & beliefs Mentality is that of abundance. Sustains systemic harmony. There is no disaster !!! What we call a disaster is Nature trying to restore harmony disrupted by man's greedy exploitation to bring about correction. This explains situations of cataclysmic nature including recession and some seemingly successful organizations going bust. December 12, 2013 Copyright (c) Indroneil 2013 9 Conscious enterprises to heal the economy 1. 2. 3. 4. Conscious enterprises are complex humanistic systems. Living, breathing, reaching out, sensing and responding. With capability of selfadapting, self-learning and self-evolving. December 12, 2013 Executive intent, belief and conviction in enterprise consciousness Respecting change and disruption as a systemic neutralizer Willingness to let go of habits to adapt to changes in the habitats Faith in enterprise ‘being’ and not getting carried away with ‘becoming’ 5. Conducts business as an expression of its purpose of existence 6. Leadership is driven by a cause and mission, not motivated by a need to manage and overcome fear of change 7. Nurtures a process of natural selection and emergence for creating and living interdependent stakeholder relationships. 8. Conscious Learning – openness and receptivity to learning as an enterprise – a part of the conscious enterprise culture 9. Cellular consciousness amongst members and other stakeholders 10. Close-loop feedback and knowledge osmosis to enable continuous evolution. Copyright (c) Indroneil 2013 10 All that is living may not be evolving “There is an element of consciousness of a certain essence of life amongst living systems. This is the fundamental determinant for a living enterprise to evolve. Thus, there could be enterprises which are very much alive, breathing and pulsating over decades and yet with little or no sign of movement. This is a classic case of the enterprise consciousness being not awakened, threatening extinction of a living enterprise.” ~ From ‘Tap Enterprise Consciousness’ published in the Management Next December 12, 2013 Copyright (c) Indroneil 2013 11 Being of a Conscious Enterprise Embodies a unique memetic DNA the strands of which represents the enterprise values and purpose Often inherits the fundamentals of the life context of founders’ and early members Emerges through a process of conscious cocreation Enrolls members / stake-holders as cellular / organic constituents Evolves with time by essentially relating and respond to inter-dependent entities in the ecosystem Lives a tactile enterprise culture by creating authentic experiences, consistently. December 12, 2013 Copyright (c) Indroneil 2013 12 10-O-O symptoms Only that which makes meaning, makes money!!! OBSESSIONS OMISSIONS Governance Guardianship Complex Structures Evolving Forms Transactions Relationships Competencies Consciousness Knowledge Retention Knowledge Osmosis Business Strategies Business Instinct Policies / Procedures Organization Dialog December 12, 2013 Change Management Adapting to change Becoming Being Copyright (c) Indroneil 2013 13 Some promising Conscious Enterprises Amazon Best Buy BMW CarMax Caterpillar Container Store IDEO Costco eBay Google IKEA JetBlue New Balance Patagonia Timberland Toyota Progressive Insurance Trader Joe's Johnson & Johnson REI HarleyDavidson Jordan's Furniture Southwest UPS Wegmans Commerce Bank Honda L.L. Bean Starbucks Whole Foods These are Firms of Endearment (FoE). These companies pay their employees very well, provide great value to customers, and have thriving, profitable suppliers. They are also wonderful for investors, returning 1025% over the past 10 years, compared to only 122% for the S&P 500 and 316% for the companies profiled in the bestselling book Good to Great -- companies selected purely on the basis of their ability to deliver superior returns to investors. December 12, 2013 Copyright (c) Indroneil 2013 14 Conscious Leadership: architects of CE Commitment Integrity Compassion Contentment AUTHENTICITY December 12, 2013 Copyright (c) Indroneil 2013 15 A Conscious Leader is someone who leads with Conscious Awareness - a ‘knowing’ of what is going on inside and out, the effects of decisions and actions, and the interaction between a complex array of factors and forces. She enables transcending of unconscious patterns, fostering of an expanded perspective and openness to new possibilities in a conscious enterprise. The role of a Conscious Leader Conscious Leaders are people who recognize and align to the higher purpose of their enterprise and the interdependence of the stakeholders in their business. Her role is essential for the ongoing learning, growth and development of the enterprise, its stakeholders and members. Conscious Leadership is more about an expanded consciousness than competence and character. December 12, 2013 Copyright (c) Indroneil 2013 16 Conscious Leaders are enterprise enablers NEED GUNAS Enabler Religion S, s Expert Respect S, r Entrepreneur Richness R, t Executive Relevance T, s Enabler Expert Entrepreneur Executive December 12, 2013 An enabler, like the Sun, radiates essential power of presence all around, sustaining life and making things happen. Copyright (c) Indroneil 2013 17 Building a culture of shared consciousness The human no more is a ‘resource’ but a key ‘source’ of value creation. For it is in being human that consciousness is awakened. And only when humankind brings together participating entities in a space of shared consciousness, a living, pulsating conscious culture gets build. December 12, 2013 Copyright (c) Indroneil 2013 18 The essence of Conscious Culture DEDICATION BHAKTI Conscious Culture is one that fosters individual and collective reflection and explicit articulation of what we see or wonder as we reflect. SELF KNOWLEDGE GYANA KNOWLEDGE December 12, 2013 KARMA ACTION The fabric fosters ongoing learning, growth and development for the people constituting the organization and for the enterprise as an organism or ecosystem. Copyright (c) Indroneil 2013 19 Values to value-creation – an example WEALTH • Creating, extracting, enhancing value in tangible terms ACHIEVEMENT • A sense of accomplishment (a lasting contribution) RESPONSIBILITY • Dependable, reliable, Accountable for results RESPECT • Self esteem, sense of personal identity POWER • Control, authority beliefs, and influence over others CREATIVITY • Being imaginative, innovative, creative INNER HARMONTY • Principled and driven by one's truth, being upfront about things which may not be acceptable as a statement of truth. December 12, 2013 Copyright (c) Indroneil 2013 20 Shared norms - > shared culture iProdigy Norms iProdigy Norms Member side Partner facing Client facing Articulate thoughts and feellings as and when they arise Do whatever it takes to keep physical energies high, proactively Share observations and give Ask, 'Who signs my pay cheque?' feedback without playing safe Be ruthless about being with work Day start with committed goals to for at least 12 hours a day on an iProdigy which are met any which average way Be demanding & ruthless with Prepare value propositon before external and internal service every call and pitch high providers Ask - 1. Have I demanded 2. Have I been ruthless in receiving the Sell without shame service Before commiting a spend on While seeking an appointment behalf of Prodigy be prudent. clearly state what the person is On an average spend 2 days a Don't allow distractions - screen / week outside office with clients / discern what is important / not partners. important Fullfilll iProdigy commitments on Don't be tolerant to misuse and time - come what may. tardiness iProdigy works 24/7. So does your Personal issues not to be brought mindshare. to the work place - options 1. Stay back and resolve at home 2. seek Ensure zero-waste living in this support in a separate forum space. Check individually if I would have going to lose by meeting / speaking spent the same amount for myself. to us. December 12, 2013 Before making any payment check whether we have received Ensure a consistent uniform everything committed, for the message to the external world present and the future. Before approving capital expenditure justify how it will come Listen, listen, listen back as 10 times returns Copyright (c) Indroneil 2013 21 If you have the passion & purpose to build a living and evolving Conscious Enterprise, you have a partner to accompany you in your mission. Reachme@indroneil.com December 12, 2013 Copyright (c) Indroneil 2013 22