If given an option to implement a system that would give you 10 times the profit of what your competitors are making, what will your first thought be?
‘Do I need to invest more capital?’
‘Do I need to implement long working hours?’
‘Oh, I should hire more people, it’s simple!’
No, you don’t need to. The truth is that just by doing business the right way - being authentic, sticking to your values and morals, and taking care of your employees and customers more than your shareholders -- you can actually achieve the 10-fold gain.
Does an exclusive long term focus on improving financial performance, at the cost of the detriment of employees, vendors, and customers, sound right? Absolutely Not!
Companies that single-mindedly focus on increasing profits find that revenue growth becomes an elusive concept. Disregarded employees who demand more than just timely paychecks, eventually become disinterested and mistreat customers who, in turn, are unsatisfied with your business. And in today’s world, where customers hold the information and power to make or break a business, you wouldn’t want that risk.
So, how does one tackle the situation?
Conscious Capitalism is the answer not to the question but to this climate, where one focuses on a higher purpose than just monetary gain. The intention here is to leave a positive economic, personal, cultural, ecological, and social impact on all the stakeholders, including the environment through your products and services.
Our Next Workshop ‘Conscious Capitalism - A better way to grow your business’ with Vainateya Gavai will help you learn in depth about this practice of conscious capitalism. In this workshop, you'll explore the ways to transform your conventional profit-driven business into a conscious business.
About the Speaker
A trained software engineer by qualification, Vainateya is the founding partner at Siriti, an agency championing richer living through ideas and innovation. Over the course of his 10 years in the industry, he has worked with brands like Complan, Horlicks, Omron, Coca Cola, Nestle, Hiranandani Group, Mahindra, Jet Airways and ACUVUE to name a few and seen successes at international award shows like the Effies, Clios and the Globals.
Workshop Details
Time: 3PM - 6PM
Passes: It’s an absolutely FREE workshop
Venue: Native Spaces, Versova