We weren’t kidding about that whole #FoolsWalk131 challenge!
Together we create our future reality, so we should do so consciously, collaboratively, and responsibly. – from “Conscious Capitalism: Liberating the Heroic Spirit of Business”
Conscious Capitalism applies to businesses that support the interests of all major stakeholders, including customers, employees, investors, communities, suppliers, and the environment. Forbes.com called this revolutionary business model “the defining way to make money in the future,” and it’s practiced by leaders like John Mackey of Whole Foods Market; The Container Store’s Kip Tindell; and our very own Tom and David Gardner of The Motley Fool. In fact, Tom Gardner chatted with Professor R. Edward Freeman of the University of Virginia’s Darden School of Business back in 2013 about how The Fool engages in Conscious Capitalism.
Are you part of a leadership team, or perhaps an executive or entrepreneur that wants to learn more about Conscious Capitalism? Check out Conscious Capitalism 2015, an upcoming opportunity to connect with other participants, build relationships, and learn how to incorporate this practice into your organization. You’ll hear keynotes from dynamic speakers like Tony Schwartz, CEO & Founder of The Energy Project; Raj Sisodia, Co-Author of the above noted book; and Melissa Reiff, President and COO of The Container Store. Educational practicums like Creating Conscious Engagement, The Power of Purpose, and Accelerating The Journey to Conscious Capitalism are also on the schedule.
Conscious Capitalism 2015 is slated for Tuesday, April 7 – Thursday, April 9 at the JW Marriott Chicago in Chicago, IL. You can save $200 off of the registration fee if you purchase your tickets before 3/1/15!
Have you heard the exciting news? Glassdoor has named us the #1 company to work for in America – for the second year in a row! Out of more than 125,000 companies eligible to win, The Motley Fool was ranked highest by those who know best – our Foolish employees.
Winners were determined based entirely on accurate and approved company reviews submitted to Glassdoor between November 13, 2013 and November 2, 2014. All of the reviews remain absolutely anonymous, and The Motley Fool took the top spot on the list for companies with fewer than 1,000 employees.
What makes a company the best place to work? Besides a motivating company mission, employee engagement and workplace culture are also major factors. Head People Fool Lee Burbage adds,”We don’t believe perks drive our employee engagement, but feeling like your leadership team cares about you and what you want or need to be happy does drive engagement.” Our CEO Tom Gardner and a few other Fools share more in this exciting video:
Thanks to Fools near and far that contributed to our success. Fool On!
I hear a lot of chatter about coffee at FoolHQ, but the buzz doesn’t always revolve around the need for caffeine. As an opportunity to connect, Fools are encouraged to request Starbucks gift cards sponsored by The Motley Fool. In return, Fools must treat a fellow coworker – ideally one they don’t know well – to a drink. Though there’s definitely a monthly card limit, some Fools don’t mind to fund Starbucks runs on their own dime every once in a while. You could say that coffee meetings are a popular part of our culture, to say the least.
Our CEO Tom Gardner envisions more to this benefit than just a free soy latte. Introducing the idea at a company-wide huddle last year, Tom encouraged using the cards as a chance to learn about others’ projects; identify best practices Fools use; and collaborate on challenges or ideas. Fool Amy Dykstra approximates that she hands out around 10 gift cards per month.
Jerry Seinfeld also recognizes room for great communication in a cup of coffee. In fact, it’s the focus of his successful Emmy-nominated web series Comedians in Cars Getting Coffee. Seinfeld explains, “…why it’s great to meet someone for a cup of coffee — the ease, the simplicity, the compactness. And that it also obviously gets people talking. You have coffee and for some reason it makes you talk a lot.” Whether or not you order coffee, tea, or a glass of water, it’s the conversation that counts.
While Jerry Seinfeld hosts his guests in cars, Tom and David Gardner hold a monthly event at FoolHQ called “New Fool Coffees.” Spending an hour together with our founders, recent hires are able to learn more about our company and ask tons of questions. Conversations can travel anywhere from Tom’s favorite drink to what inspired his team’s latest stock pick. Starbucks – or FoolHQ conference rooms – are hot spots for Fools, but the location shouldn’t stop you from incorporating this idea into your company’s culture. And it doesn’t even have to be about a coffee drink, either. Simply encourage employees to leave their desks, welcoming the idea that a fresh environment can inspire new and valuable thoughts.
Engaging others through stimulating conversation – caffeinated or not – is important. A quick sit down can allow for new concepts to brew and employees to mesh together, both of which will benefit your organization. Steven Johnson reinforces, “We take ideas from other people, from people we’ve learned from, from people we run into in the coffee shop, and we stitch them together into new forms and we create something new. That’s really where innovation happens.”
Here’s a simple idea from our CEO Tom Gardner: Stop providing limited sick days for your employees. It’s flu season, so Tom’s thoughts are all the more relevant – and urgent – now.
Match our yearlong approach at The Motley Fool: if an employee is feeling sick, tell them to please stay home. It seems like common sense, but Tom outlines four reasons why an unlimited sick policy is worth it in case you’re on the fence:
- Protect Your People.
- Extend Trust.
- Review Your Purpose.
- Manage to High Performance.
Instead of the flu, make freedom and trust contagious at your organization. To read more on Tom’s points, view his latest LinkedIn Influencer post here. And don’t be afraid to forward this information along to your CEO or Head of HR! Allowing employees to stay home when they’re ill will ultimately make your organization stronger – and much healthier.
“All of the greatest companies want their people to succeed.” It’s true! Learn more from Tom Gardner’s presentation at Google HQ about the importance of investing in your organization’s culture. Don’t have time to watch the video? Here are Tom’s four takeaways:
1. Name your own value.
2. Know everyone’s name at your company – learn as many name’s as possible.
3. Connect with people outside of your company.
4. Craft your own job.
To learn more about Tom’s points in detail, read his full article here.