Wednesday, November 25, 2015
CEO's can only do so much
Tuesday, November 24, 2015
It pays to care!
https://hbr.org/2013/04/companies-that-practice-conscious-capitalism-perform.html
Wednesday, November 18, 2015
It's not difficult, gentlemen, making the consumer enjoy their products
"Investing in product, investing in comfortable seats - it's not difficult, gentlemen, making the consumer enjoy their products."
Said by Emirates Airlines President Tim Clark to the major american airlines in response to their pressure on government to stifle Persian Gulf airlines.
This comment exemplifies the link between opportunity and compassion. "Make the consumer enjoy their products". "Comfortable seats"!!
What do companies do with all their profit?
They recognize the profit only 4 times a year...when they release earnings. The rest of the time out of fear of not being able to meet those profit expectations, they say to themselves money is tight, and investments like employee benefits, and upgrading the subtleties of their consumers experience, don't seem necessary.
And in this case, they find ways to stifle their competition...a shortcut...an unsustainable strategy.
Common gentlepeople - its not difficult! Just use the golden rule, when you goto sit in the proverbial seat wouldn't you be much happier if it was comfortable.
Built it and they will come!
Monday, November 16, 2015
Lets widen our net of Empathy
Thursday, November 12, 2015
Aggregating Consciousness
Tuesday, November 10, 2015
By gifts one makes slaves and by whips one makes dogs
Thursday, October 22, 2015
A lesson from VW
Monday, October 12, 2015
Its all about the Team!
“Coming together is beginning; keeping together is progress; working together is success.” —Henry Ford
Friday, October 9, 2015
The Porcupine
I was left feeling invigorated from what felt like a deep connection with nature. It was a Mihaly Czikszentmihalyi moment. All thoughts, inhibitions, fears fell away and what was left was feeling not too different from getting into a hot shower on a cold day, or drinking a glass of cold water after a long summer run.
Egoless connection = Bliss!
I wonder what the Porcupine wrote in his blog?
Tuesday, September 29, 2015
CEO's can only do so much
Investors being dissatisfied with NRGs stock price has put pressure on the company to divest its focus on the alternative energy and go back to what works now. Coal powered plants.
In a time when polls and meta-analysis of news and opinion show that the majority of Americans are concerned about climate change, if not for the impact on our lives then definitely for our children's. With the exception of some of the most conservative of republicans. I doubt the latter constitute the majority of investors in NRG stock. Which begs the question, why are we punishing a company for working so hard for the health of our future(thats us and the planet), even with promise of sustainable long term profit? Based on the business trajectory of NRGs wind, solar and home solar business's it seems like a sure bet for a long term investment, as sure as any other business, including fossil fuels.
Alternative energy works now, just like Fords first assembly line car did when it drove out of the factory.
We need start putting our money where our principles are. We need to start investing in our future not just talking about it. Companies like NRG should be rewarded, not punished for working for our well being.
Tuesday, September 22, 2015
McMansions, Leftovers, Stuff and Time
We live in a world where there is so much discussion and talk about the lack of resources, especially for those people in the lower tax bracket, the really low tax bracket. Many people who live under the poverty level, or for that matter earn $2 a day or around that amount, struggled for food, shelter, clothing and clean water each day.
Running in parallel each day are millions of homes around the world who have spare rooms, a lot of stuff that is never used, a never ending waste of running water in the form of baths, showers, toilets, gardens, pools etc. And then millions of people go grocery shopping or go out to eat and a percentage of each purchase makes its way into the garbage, or compost heap.
There is a stark imbalance of resource usage, NOT a stark imbalance of resources, neither is there a shortage of resources. The latter is even more true because of the resources we use to to get the stuff that we don't use or waste.
And then there is our time. How do we really spend it, and does the way we spend it really contribute to the well being of all those around the world we have empathy for?
Thursday, September 17, 2015
The Yoga of Profit
"Every investment we make is a statement of intention, a statement of purpose, a speculation about the future of humanity and our role in the scheme of things, not merely a financial speculation" - Woody Tasch, Slow Money
Do you have a few hundred, a few thousand or maybe 10’s or 100’s of thousands of dollars in a savings or retirement account? What is that money doing? What is your intention for that money?
Money has power. More power then a vote. More power then a protest. More power then a war.
Don’t judge something…do something!
The only way to enjoy the long term annualized growth of the companies (which we fund) who have the biggest effect on our lives… invest in them. The best way to influence their intention…invest in the right ones!
For the longest time I wondered how my deepening yoga practice, how this inward journey, translated into the capitalist world I enjoyed and depended on, and the financial industry where I had worked for 15 years. Besides, as aware of my own footprint on the environment and my influence on others, I still drive a car, fly on airplanes, purchase packaged goods, eat food from far away and am totally addicted to a never ending flow of water and electricity. And how much do I really do to improve the lives of others in the community around me. I’m inclined to donate to charities or hand money to a homeless person, but I certainly don’t take 30 minutes of my time and sit with that person and talk over a cup of coffee. Sure I try hard to temper my consumption and consider the providers’ footprint, but whether I'm flying on the most environmentally responsible airline or whether I’m careful about which gas station I use, I am still taking. How much taking is OK? Where is the line?
Then it occurred to me. How our contemplative practice translates into capitalism is very much the same as how it manifests within us. Corporations are living organisms, the sum of all their employees who are like their cells. As our practice transforms us, then surely a corporation that practices mindfulness must transform into a being that feels better and is more compassionate. I had a hard time believing that business people had not figured this out and used it to their competitive advantage or more so that there were high level executives or decision makers whose contemplative practice drove a successful management style.
After two years of research I am happy to report that there are publicly traded companies, household brand names that are humble, that are compassionate and that embody social and environmental responsibility. This small but growing list is companies who put the community and environment ahead of profit. They are driven by building sustainable business’s with the manifesto of increasing our well being and preserving the environment. As Aetna CEO, Mark Bertolini said at Wisdom 2.0, “Profit is not the goal, profit is the output of a mission driven organization who delivers consistent products to its customers”
What are the indicators? A combination of qualitative and quantitative evaluation including financial strength, products that are unequivocally good for us, the lowest possible use of natural resources, happy employees, women make up twenty percent of the board, low CEO pay - relatively, company wide offering of yoga/mindfulness, humble CEOs and a C-suite who have a personal contemplation practice, and compassionate intention written into their Form 10-K annual report. That's the quantitative. Qualitative is reading between the lines, by scanning the news and blogs for indications of embodied social and environmental responsibility, by hearing feedback from users of their products and services. Looking for indications of yogic decision-making. Checking off the yamas and niyamas, the eight-fold path, the middle way, the golden rule.
My research has resulted in an investment portfolio of companies. Companies I invest in and share with others. I feel more confident investing in humble companies with strong ethics, and I am much less afraid of loosing my investment especially when the market crashes. This portfolio has opened my eyes to companies who really care and I always choose their products. Often I will go without a product or service if a compassionate company does not offer it. I plug these companies on social networks for their intention. I go out of my way to give them feedback; quite often they don’t know what they don’t know. Our guidance is important. My hope that a company’s mission, rather then its earnings and products become what its brand name represents.
Corporations have more influence on our well-being and future than anybody except ourselves. There are companies out there who have transcended the “profit at all cost” approach perfected during the industrial revolution. We can play a bigger role in our evolution by investing in the companies that care, by being more mindful of how we spend our money and by bringing awareness through dialogue to the potential of the corporate world helping us into the next age.
"As long as the way we invest is divorced from how we live and how we consume our befuddlement will worsen" - Woody Tasch, Slow Money
Friday, August 14, 2015
Aetna is hiring a Chief Mindfulness Officer
This is a sure signal of the role that mindfulness is playing in the corporate operation. SAP, the software company has a Director of Mindfulness and Google boasts a Chief Happiness Officer.
The role of these positions is to make sure that this practice has a seat at the executive table, to be integral in the growth and sustainability of the company, its employees, and its clients. Executive titles only come about when it is clear that this person’s work has already played the latter role.
Who is your Chief Mindfulness Officer?
Tuesday, June 30, 2015
Mindless Barista
These days I make a point of drinking coffee in a "to stay cup" at the coffee shop. For me it's important to sit and enjoy the moment, an opportunity to slow down the rat race even for just a for 15 minutes. In ordering a ceramic cup I'm also aware of the reduction in waste. One less paper cup in the "recycling" cycle or pehaps the city dump.
This morning I order the Latte for here. The barista used a plastic cup to decanter the almond milk from the carton. Then he poured that into a paper cup which he used to steam the milk, after which he poured it into the ceramic cup and handed it to me. He threw both the plastic and the paper cup in the garbage.
My mind wanders to the mindless waste this represents in our society. There is no accountability for how much we waste. We waste food, water and resources in a way that further harms the source of all of these. Take a look around you next time your at a restaurant at all the food that doesn't get eaten. Why do we continue to do this. Why do we continue put our convenience ahead of our future and well-being.
I will appreciate this latte more then ever because it cost much more then the $3.75 I was charged and because it will be the last I ever have from this coffee shop. Starbucks is just around the corner!
Tuesday, May 19, 2015
Getting on the Bandwagon
Last week we heard that Verizon has purchased AOL for $4 billion. Considering that AOL is a holding in the Yoga Capital portfolio, it got me to thinking how this reflects on this portfolio’s purpose. It prompted a soul searching of social and environmental investing. If AOL, is indeed a stalwart of socially and environmentally aware companies, then does that mean that Verizon is also such a leader, or does it mean that AOL is not. Does this purchase by Verizon indicate a move by them toward being more sustainable. I’m not going to pretend to know the answer, but I do think the answer should be more obvious.
Again the question is prompted which companies are socially and environmentally responsible because they truly are compassionate and truly care about the community and environment as opposed to being trendy, or wanting investors and clients to see that they are playing their part.
The Insead study indicates what I believe to be the most important indicator of CSR. Companies whose executives or decision makers who have personal contemplative practices, tend to organically be socially and environmentally compassionate. It is these companies that are the most sustainable. It is these companies that represent a new era in capitalism – a new industrial age. To identify and segment these companies is to create an investment class that represents the future of investment. This is still advanced strategy, so to have a rounded portfolio might require broader exposure, but the tide is turning and to have a portion, if not all of ones money in this investment class is essential.
This type of awareness when investing represents our deepest knowledge and beliefs. There is not a sustainably successful investor who does not show attributes of mindfulness and social and environmental awareness.
In order for Yoga Capital to truly represent this strategy, it’s time to take its screening process to the next level. Currently we pick companies that score high on the CSRhub.com rating system, and then we find the companies whose executives have a personal mindfulness practice, and then we take those who have strong financials. But this is not enough. We must now look closer at the companies output and ask the question, “Is this company paving the way to the new era in business, or is it stuck in the old “profit is the goal” way of operation”.
Keurig Green Mountain has also been a holding despite the controversy around the plastic K-cups. My defense has been they have s short-term action plan to overcome barriers to recycling. But I was asking the wrong question. And then I saw someone using a Keurig coffee machine. The K-cup goes in, a pull of the handle and the user hurries off to the chaos of the day. The paradigm of the machine is the problem. I doubt quick coffee will be integral to the new era. Coffee, maybe. And just when Keurig comes into question, it offers up a soda machine.
Deutsche Bank is another one. They made the cut because of a company mindfulness program. A breath of fresh air in a stodgy banking industry. But that’s not enough. Investment banks in their current form have no place in the new era of capitalism. If a bank is going to make the cut, they will have to show extreme proactive signals that profit is not the goal. Goldman Sachs, believe it or not, is on the watch list, but certainly not ready.
Yoga Capital will shortly reallocate, and rebuild with a keener sense of awareness around the real trailblazers. We will find the boardrooms that decide with compassion, that strategize with the future of themselves, and the world around them in mind. As Patagonia does, build companies that will last 100 years. As Google does, do no evil!
Businesses on the mindfulness bandwagon - FT.com
Monday, May 4, 2015
What is the American Dream?
Wednesday, February 18, 2015
We've got it all wrong!
Many people I know or meet hate their job. They say so. Many others say that they like their job but - you could have fooled me. I say that because the many of those who say they like their job, complain a lot, are clearly stressed about job stuff, and have such a full schedule I'm surprised they can breathe. I say they, but I should say we. Which leaves me thinking that most people don't like their job.
We have it all wrong. We have the opportunity to like our jobs. It's easy to blame our boss, our company, the type of work we do, and thinking that the grass is greener somewhere else or sometime else. But it's not. The grass is green now and here. So eat up!
We think that we need to do more to get ahead but all the most sustainably successful business people I know of are very good at doing less so that they may accomplish more. This seems so counterintuitive to what we think we are taught. But take a minute to read about or think about your role model's road to success.
So how do we get to the bottom of this predicament?
Write down your top 5-15 priorities in your life, including work, family and play. Things that are most important you. If you are not sure how to rank them use this calculator (http://cgi.money.cnn.com/tools/prioritize/prioritize_101.jsp).
Then, on a separate piece of paper, write down how you spend a typical week. Monday through Sunday. From when you wake up until you goto sleep, what do you do and for how long do you it. Then list each activity and how many hours each week you spend on that activity.
Now compare the priority list to the activity list.
By doing this we can start to understand where we can make changes to across our entire life, and as we start to make these changes, we will start to enjoy our jobs.
"The master in the art of living makes little distinction between his work and his play, his labor and his leisure, his mind and his body, his education and his recreation. He hardly knows which is which. He simply pursues his vision of excellence at whatever he does, leaving others to decide whether he is working or playing. To him he is always doing both."
Enjoying our jobs is in our hands, not our Boss's. Making more money and getting promotions happens much faster when we enjoy our work.
Thursday, February 5, 2015
Michael Jordan's mindful path to being the best
Phil Jackson encouraged/encourages mindfulness for his players, which is the cornerstone of how he coach's and also how he lives. Through meditation he prepares his players for the mindfulness that is needed to win championships, to be team players.
Jordan is the best ever and that is burned into my brain. And mindfulness and meditation are clearly very pivotal factors in that success. So in addition to inspiring myself and others with stories of how Michael trained the hardest in the off season, and wanted it more then anyone else, I will lead with a moment of silence and stillness, a time to capture and fully experience the knowledge and feeling of that potential, and take a giant step in that direction.
Here is a short interview with Jackson - http://on.aol.com/video/how-legendary-nba-coach-phil-jackson-taught-his-teams-mindfulness-517822986
Tuesday, January 27, 2015
My CEO told me so...
Meditation and mindfulness is powerful tool to help you get what you want. How? For starters, by reducing stress. The latter gets in the way of clear thinking. And then by training our brains to perform better. Just like we can train a muscle to get stronger, we can train our brains to think better.
From CEO's to students, meditation is being used effectively to optimize performance. Per the article below, the World Economic Forum now has a panel specific to meditation.
http://dealbook.nytimes.com/2015/01/21/amid-the-chattering-of-the-global-elite-a-silent-interlude/?emc=eta1&_r=0
Wednesday, January 14, 2015
Optimize our Performance
To achieve optimal performance we look to education, training, practice, and in often, good old fashioned hope. "I hope I do well!"
One of the most powerful tools but yet the most underused and under recognized conduits to optimal performance is nutrition. What, how and when we eat has a huge effect on how we perform. Eating and drinking effects our mind, our body and our resolve.
First order of business is eliminate foods that don't provide nutritional value(and there are many of them), and then find nutritional alternatives for food that is inflammatory. Then put down the fork between each bite. Then don't go and get seconds and certainly be aware of eating snacks. Our bodies are master geniuses and will balance themselves perfectly over time. Give them the right food, and even if we miss a meal here and there over overeat every now and again, and they will take care of the rest.
Within two weeks, without fail, we will start to notice we are stronger, faster, smarter. From Einstein to Djokovic, from an employee sitting in a cube to someone training for their first marathon, from parents to lovers...clarity, awareness, endurance, energy, excitement, fulfillment...will prevail.
"Don't live to eat....EAT to LIVE" as Gandhi would say.