We’ve heard the inspiring stories of companies like Interface, Avon, Timberland, Patagonia, Seventh Generation (and many more), and how they have integrated social strategy into the very core of their businesses, transforming or defining their corporate culture in the process.
What if every company championed a cause and/or social purpose?
What if every business leader gave employees and stakeholders the opportunity to link arms, tap a collective corporate soul and spread the mission of the company beyond the balance sheet and out into a world of need?
What if the curriculums of business schools taught that Social Capital is becoming the NEW model of Capitalism?
What might that look like?
• Would employees be inspired?
• Would loyalty and retention increase?
• Would business attract great talent?
• Would the intrinsic common thread of compassion and inspiration weave its way into the DNA of the company?
• Would leaders be enlightened?
• Would business grow?
• Would the world be just a little or a whole lot better?
This idea of Social Capital strategy has been evolving under the umbrella of Corporate Social Responsibility (CSR) for the decades since the industrial revolution. Business today is feeling the pressure to develop good corporate citizenship both from those in the talent pool looking for great companies to work for and consumers wanting to support companies that are community minded.
This is an idea whose time has come. Over a decade ago Paul Hawken, co-founder of the garden retailer Smith and Hawken, wrote the bestselling book The Ecology of Commerce. In it he brilliantly points out that the quality of every living system on earth is in decline as a direct result of personal and corporate irresponsibility. Our air and water are polluted, our forests are being destroyed and our animals are facing extinction. At the same time, human health is deteriorating, in part due to the stress and strain of the modern employee. He goes on to predict that the trend will turn: there will be a profound business transformation, one that will render new business unrecognizable. The companies of the future will be in the business of healing our world. Businesses that exist to rebuild our communities, repair our ecosystems, protect the environment, improve our health and provide inspirational work environments that create prosperity, will thrive.
Hawken’s message can be related to the Chinese expression for crisis, which consists of two characters side by side. The first is “danger” and the second is “opportunity.”
Corporations have become the most profound and influential forces on the planet. The balance of power today lies in their hands. Of the world’s 100 largest economic entities 51 are corporations, and only 49 are countries, when measured by annual corporate sales and annual gross domestic product (gdp). Corporations have an extraordinary opportunity to influence the world. Whether for good or bad — it’s up to us.
Hawken’s message has not only been heard, it has also been embraced. A collective consciousness is now demanding accountability. Governments, businesses and individuals are being asked to step up.
While I was formulating the idea of a corporate social strategy consulting business, I was looking for a word or phrase that meant corporate soul. At that time I was reading Eric Klein and John Izzo’s book Awakening Corporate Soul. They tell of Native American author Jamake Highwaters and his use of the word orenda to describe the tribal soul, or tribal fire. There was the name. The soul of the tribe, the soul of the company — the orenda.
The old capitalism has been focused on quarterly earnings- with hitting sales targets, keeping costs down, reducing headcount and managing growth, but if we are right and the new capitalism requires social strategy, fueling the orenda of your company will simply be a cost of entry.













