Meme-Splicing in the Land of the Rising Sun

Meme-Splicing in the Land of the Rising Sun

Blog by Wayne Visser

Kaizen, Sushi and Toyota

My career in sustainable business really got started in September 1990, when I attended AIESEC’s World Theme Conference on Sustainable Development in Tokyo, Japan. This was an opportunity of a lifetime. As a management student, I was all too aware of the rise of the Asian tiger economies, especially Japan. The West was spellbound by the revolution of total quality management (TQM), which the American statistician Edward Deming had introduced to Japan in the 1970s. The Japanese had perfected TQM through their kaizen philosophy of continuous improvement or ‘change for the better’.

The aim of the conference was to create a contribution to the 1992 Rio Earth Summit in 1992, which we called ‘A Youth Action Guide on Sustainable Development’. We also had study tours, most notably to the Toyota headquarters in Nagoya, where we met with the senior management team. I remember being served a sushi style lunch in square plastic trays, each morsel neatly and aesthetically arranged. Apart from glimpsing the highly automated production line, we had a chance to explore the company’s R&D display area. I was amazed by numerous eco-efficient and alternative fuel technologies already in the mature stages of development.

Having seen all this in 1990, it was no surprise to me that Toyota led the motor industry with its sustainability reforms nearly 20 years later, launching the Toyota Prius hybrid technology and RAV4 EV all-electric vehicle in 1997. With around 3 million Prius cars sold and the RAV4 EV relaunched in partnership with Tesla Motors in 2012, other automotive companies have been falling over themselves to catch up and introduce their own hybrid and electric models. This is one of those rare moments when we are seeing a ‘race to the top’ on environmental performance.

Earth Charter, Zero Waste and Fuji-Xerox

One of my great insights from the trip was that ‘vision’ is something the Japanese really understand. Shortly after my visit and ahead of most companies in the world, in 1992 Toyota issued its Environmental Guiding Principles and adopted its own Earth Charter. What is interesting is not that it has these principles (after all, many companies have flowery statements on their boardroom walls now), but rather the way they are expressed, which I believes conveys a qualitative difference in aspirations.

For instance, in its Guiding Principles it commits to ‘honour the language and spirit of the law’; to ‘enhancing the quality of life everywhere’; to ‘foster a corporate culture that enhances individual creativity’; and to ‘pursue growth in harmony with the global community’. And in its Earth Charter, it is already striving to ‘pursue production activities that do not generate waste’ and to ‘participate in the creation of a recycling-based society’. Note that it does not say ‘activities that reduce waste’; they say activities that ‘do not generate waste’. Hence, long before Ray Anderson at Interface conceived his much-celebrated ‘Mission Zero’ or McDonough and Braungart had popularised cradle to cradle concept, Toyota had understood and integrated the concept of a circular economy.

Of course, it is not just Toyota that has understood these principles. In August 2000, Fuji Xerox  …

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Visser, W. (2013) Meme-Splicing in the Land of the Rising Sun, Wayne Visser Blog Series, 3 July 2013.

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Lessons from Africa’s Wild Frontiers

Lessons from Africa’s Wild Frontiers

Blog by Wayne Visser

Birthplace of blood diamonds

We start our journey around the world in Africa, in the country known today as Zimbabwe. This is the place where I was born and spent my childhood years. At that time, however, the country was still called Rhodesia – so named after the colonialist Cecil Rhodes in the late 1800s. Rhodes, an English-born explorer turned entrepreneur and business magnate, is the focus of my first story – a lesson in the abuse of corporate power.

In 1871, Rhodes joined the diamond rush and headed to Kimberley in South Africa. By 1889, he had formed an effective monopoly through a strategic partnership with the London-based Diamond Syndicate, which agreed to control the world supply of diamonds – around 90% at one point – and thereby maintain high prices. In the same year, Rhodes established the British South Africa Company, which was empowered under royal charter to trade with African tribal leaders, as well as to form banks; to own, manage, grant or distribute land; and to raise a police force.

In return, the company agreed to develop the territory it controlled, to respect existing African laws, to allow free trade within its territory and to respect all religions. Four years later, however, the very same company had recruited its own army and invaded tribal king Lobengula’s territory in what became known at the 1893 Matabele War. The troops and white settlers occupied the town and Bulawayo was declared a settlement under the rule of the British South Africa Company. Rhodes ordered that a new town be built on the ruins of Lobengula’s royal place.

For me, the lesson to learn from Rhodes and his British South Africa Company is clear: when companies have too much power—either political power or economic power – they will tend to abuse that power to enrich themselves. The fusion of private economic interest with public political sanction is the ultimate toxic recipe for corporate irresponsibility. We see it in all the classic cases of business crimes against society and the environment, whether it is through the regressive political lobbying of the oil industry in the United States (going all the way back to Rockefeller’s Standard Oil company), or the majority ownership of Shell by Nigeria’s former military dictatorship government.

Man versus wild

My second story from Zimbabwe is about how greed and exploitation is decimating wildlife on the planet. I have a childhood memory of visiting Hwange National Park (then called Wankie), which is

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Related websites

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.waynevisser.com/books/the-quest-for-sustainable-business”]Link[/button] The Quest for Sustainable Business (book)

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.csrinternational.org”]Link[/button] CSR International (website)

Cite this blog

Visser, W. (2013) Lessons from Africa’s Wild Frontiers, Wayne Visser Blog Series, 26 June 2013.

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The Life Story of a Global Movement

The Life Story of a Global Movement

Blog by Wayne Visser

This new blog series for CSRwire is based on my book, The Quest for Sustainable Business. The book, in turn, follows a journey – around the world and through time; a journey of discovery and ideas. In the blog posts that follow, I will give you some glimpses into the search that has taken me to over 65 countries in the past 20 years. The path begins in Africa and winds its way through Asia, North America, Europe, Australasia and Latin America.

Along the way, I will share what I have learned in my encounters with mega-corporations and small farmers; and in conversations with CEOs and social entrepreneurs. I draw on facts and figures about world trends, and interviews with thought leaders and activists. This is a tale that consciously weaves the personal and the professional, mixing anecdotes and case studies. It looks outwards and reflects inwards, and is both autobiography and the life story of a global movement.

My inspiration for the book came when I decided, in 2010, to leave the security of the University of Cambridge – where I had been developing a Master’s in Sustainability Leadership – and set out on a ‘Corporate Social Responsibility (CSR) quest world tour’, which took me to 20 countries on five continents, travelling continuously for nine months. It was one of those great ironies of my life that I had to leave one of the world’s premier educational institutions in order to advance my learning.

Suffice to say I had an itch and I needed to scratch it. I wanted to reconnect with what was happening on the ground in countries around the world; and I was excited by the prospect of making new friends, seeing new lands, soaking up diverse cultures and discovering fresh case studies. More than anything, I needed to rekindle the passion that had started me on this career in sustainable business 20 years before.

My intention was always to capture my insights along the journey and share them with a wider sustainable business audience. One of the ways I did this was to conduct nearly 100 video interviews, all of which are shared on the CSR International channel on YouTube, and referred to throughout the text of the book.

The other way was to keep a diary and to write a book about my travel experiences—the book which forms the basis for this blog series. However, when I started to write, I repeatedly found myself referring to earlier parts of my career. Gradually, I began to wonder if there was a bigger story to be told. After all, my journey began in the lead-up to the Rio Earth Summit in 1992, and here we were, 20 years later, preparing for Rio+20.

In the interim, I had been fortunate to work, study, teach and research in the field of sustainable business, tracking its path as it emerged from a fringe concern to a mainstream movement and a global profession. There were stories to tell that ranged from hippie-like adventures in eco-villages and community enterprises to hard-nosed consulting assignments for big global brands. I had worked as a strategy analyst for Cap Gemini and set up and ran KPMG’s Sustainability Services in South Africa.

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Related websites

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.waynevisser.com/books/the-quest-for-sustainable-business”]Link[/button] The Quest for Sustainable Business (book)

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.csrinternational.org”]Link[/button] CSR International (website)

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Visser, W. (2013) The Life Story of a Global Movement, Wayne Visser Blog Series, 19 June 2013.

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A Test for Future-Fitness

A Test for Future Fitness:

Make it Safe, Smart, Shared, Sustainable and Satisfying

Article by Wayne Visser

Are you fit for the future? Will your product, organisation, community, city or country survive and thrive in 10, 20, 50 or even 100 years?

We live in a world that is changing faster and challenging us more than ever before. Great progress has been made in lifting people out of poverty, advancing scientific frontiers, connecting the globe with technology and making knowledge more accessible. At the same time, there are disturbing trends of increasing inequality, catastrophic destruction of ecosystems and loss of species, pervasive corruption, increasingly volatile and dangerous climate change, waves of forced migration and floods of refugees, a rise of religious extremism and the omnipresent threat of terrorism.

The question is: how can we – as individuals, businesses, communities and policy-makers – prepare for the future? How can we maximize our chances of success, not only by being ready, but also by helping to shape the future that we desire? I think it helps to view future-fitness in two ways: in terms of alignment – i.e. fitting, like a jigsaw piece, into the bigger picture of an emerging world; and in terms of agility – i.e. building up the kind of fitness that allows quick reflexes and strong performance in response to future conditions.

The biggest trends in society and our most enduring ideals suggest that there are five key criteria for future-fitness: our products, organisations, communities, cities or countries must be safe, smart, shared, sustainable and satisfying? These 5-Ss of Future-Fitness are summarised in the table below and then briefly defined in the subsequent sections …

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Related pages

[button size=”small” color=”blue” style=”info” new_window=”false” link=”http://www.waynevisser.com/books/the-age-of-responsibility”]Page[/button] The Age of Responsibility (book)

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Visser, W. (2012) A Test for Future Fitness: Make it Safe, Smart, Shared, Sustainable and Satisfying, Kaleidoscope Futures Inspiration Series, No. 1.

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Water Footprints

Water Footprints:

Lessons from Kenya’s floriculture sector

Article by Wayne Visser

An International Sustainable Business column for The Guardian

There are flowers to fit every occasion. But if you are celebrating World Water Week (26-31 August), you might want to think twice. A single rose – grown in Kenya, as many of the world’s cut flowers are – takes around 10 litres of water to produce, with the so-called water footprint, or virtual water export, of Kenya’s floriculture industry having more than doubled over the past 15 years, mostly to supply the Netherlands (69%), the UK (18%) and Germany (7%).

This notion of virtual water – the water embedded in the things that we trade – is gaining visibility as awareness of our global water crisis increases. I remember first getting to grips with the idea a few years ago when I interviewed Fred Pearce, author of When the Rivers Run Dry, for the University of Cambridge Top 50 Sustainability Books project. According to his calculations, to get us through the day, it takes about a hundred times our own weight in water.

Of course, water footprints are not the only impacts we find in our global supply chains. There are issues of labour rights, climate change, transparent governance, biodiversity loss and economic development, to mention but a few. The challenge is to manage and minimise the negative impacts. This is where I believe the example of Kenya’s cut-flower industry can help us to tease out some hard-won lessons, starting with the story behind the Horticultural Ethical Business Initiative (HEBI).

The seeds of the HEBI process were sown in November 1999 when local civil society organisations mounted a successful campaign against workers’ rights violations in Cirio Delmonte, one of Kenya’s largest pineapple growers. The success of this campaign raised concerns in the flower industry, prompting stakeholders to develop the Kenya Standard on Social Accountability and a Voluntary Private Initiative to oversee its implementation.

However, the real impetus for HEBI came from the pressure exerted by transnational alliances of NGOs and consumer groups. The Kenya Women Workers Organisation (KEWWO) was funded by the UK-based Women Working Worldwide (WWW) to gather evidence of the Ethical Trade Initiative Base Code violations. Their report catalogued various unacceptable conditions, from pesticide poisoning to sexual harassment and rape, and spurred a campaign dubbed Produce Safely or Quit. At the same time, the Kenya Human Rights Commission issued a three month ultimatum to flower producers to improve working conditions, failing which they would go international in their campaign.

When the Ethical Trading Initiative (ETI) was alerted to these serious labour rights violations in 2002, several of their corporate and NGO members visited Kenyan flower producers. In fear of losing their most significant market, Kenyan stakeholders came together for the first time to lay the groundwork for the formation of HEBI. What I find particular interesting is that the Horticultural Ethical Business Initiative (HEBI) did not arise from a vacuum of voluntary codes. On the contrary, there were already seven different international ethical codes being applied. However, they seemed to lack effectiveness and credibility …

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[button size=”small” color=”blue” style=”download” new_window=”http://www.waynevisser.com/wp-content/uploads/2012/08/article_kenya_wvisser.pdf”]Pdf[/button] Water Footprints (article)

Related websites

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.waynevisser.com/books/the-quest-for-sustainable-business”]Link[/button] The Quest for Sustainable Business (book)

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.csrinternational.org”]Link[/button] CSR International (website)

Cite this article

Visser, W. (2012) Water Footprints: Lessons from Kenya’s Floriculture Sector, The Guardian, 20 August 2012.

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Sustainable by Design?

Sustainable by Design?

Lessons in Circularity From Seventh Generation

Blog by Wayne Visser

Part 11 of 13 in the Age of Responsibility Blog Series for CSRwire.

The CSR 2.0 principle of circularity has roots in life cycle assessment, cleaner production, sustainable consumption and cradle to cradle concepts. In The Age of Responsibility, I explore various well known multinational examples, from Interface’s carpets and Nike’s Considered Design shoes to Coca-Cola’s water neutral initiative and Tesco’s carbon neutral programme. But there are also smaller, more nimble companies, like Seventh Generation, that are able to go much further much faster. What can we learn from these companies that are intentionally sustainable ‘by design’?

Seventh Generation, an American household cleaning products business started more than twenty years ago by Jeffrey Hollender, took inspiration for its name and philosophy from the Iroquois Confederacy (a council of Native American Indian tribes), which included the admonition that ‘in our every deliberation, we must consider the impact of our decisions on the next seven generations’. From the beginning, this meant thinking in a circular way about the impact of their products.

To begin with, this meant swimming upstream. ‘When Seventh Generation told executives at the old Fort Howard Paper Company that we wanted to market bathroom tissue made from unbleached recycled fibre, they laughed,’ recalls Hollender. Despite such early resistance, however, Seventh Generation has remained steadfast in its commitment to ‘becoming the world’s most trusted brand of authentic, safe, and environmentally-responsible products for a healthy home.’ And indeed, it now has an impressive catalogue of cradle to cradle designed products, and has been doing extremely well, showing strong growth even through the recession.

However, ensuring that Seventh Generation lives up to their promise of authenticity is something that requires constant vigilance. For example, in March 2008, the company was ‘exposed’ by the Organic Consumers Association for having detectable levels of the contaminate 1,4-dioxane in their dish liquid. In fact, Seventh Generation’s product was declared the safest of those available and they had been working with suppliers for more than 5 years to remove it. They have since eliminated the contaminate completely, but, as Hollender later declared ‘our effort was simply not good enough. Our real mistake was to exclude consumers and key stakeholders from our ongoing dialogue about dioxane. In short, we flunked the transparency test.’

Of course, the very foundation of transparency is information and the most basic kind is a full list of product ingredients, which, unbelievably, is not required by US law for household products. Consequently, Seventh Generation launched a ‘Show What’s Inside’ initiative, which included an educational website and an online Label Reading Guide, downloadable to shoppers’ cell phones, which helped them interpret labels at the point of purchase, especially any associated risks. As Hollender and Bill Breen report in their book, The Responsibility Revolution (2010), not long after, SC Johnson launched a cloned version called ‘What’s Inside’. ‘That’s just what we had hoped for,’ declared Hollender and Breen. ‘When a $7.5 billion giant like SC Johnson puts its brawn behind ingredient disclosure, it’s likely that the rest of the industry will follow, regardless of what the regulators do.’

Despite its green image, Seventh Generation also  …

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[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.waynevisser.com/books/the-age-of-responsibility”]Link[/button] The Age of Responsibility (book)

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Visser, W. (2011) Sustainable by Design? Lessons in Circularity from Seventh Generation, Wayne Visser Blog Briefing, 15 December 2011.

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Sustainable Business Futures

Sustainable Business Futures:

Setting the Global Agenda for Corporate Responsibility and ‘Ubuntu’ Capitalism

Article by Wayne Visser

Within the space of a decade, South African business has moved from being pariahs of the world to leaders in the global corporate responsibility movement. This section highlights the significant progress which has been made by the private sector, as well as the potential for South Africa to continue to shape a new agenda for capitalism across seven key dimensions.

Legal Reform

Building on the ANC’s Reconstruction and Development agenda (which in turn was based on the Freedom Charter), human rights, sustainable development and corporate transparency became enshrined in the 1996 constitution and embedded in what is widely regarded as some of the most progressive legislation in socio-economic and environmental development in the world. For example, the environmental rights now enshrined in the Bill of Rights are hailed worldwide.

While many countries still rely on outdated legislation, the wave of reform over the past decade in South Africa has resulted in brand new statutes on ecological responsibility (e.g. the National Environmental Management Act), occupational health and safety (e.g. the Mine Health and Safety Act), investment in human capital (e.g. the Employment Equity Act), governance (e.g. the Promotion of Access to Information Act), ethics (e.g. the Prevention and Combating of Corrupt Activities Act) and socio-economic development (e.g. the Broad-based Black Economic Empowerment Act).

By inextricably linking social, economic and ecological development in its legal framework, South Africa is showing the world that the old conflicts between environmental conservation, social development and economic growth can be resolved by adopting a new model of integrated sustainable development. The foundation for improved quality of life has therefore been laid and in the next 10 years in South Africa we can expect to see:

  • Civil society demonstrating increasingly healthy activism to bring about environmental and social justice;
  • Government continuing to enact and refine progressive legislation and to enhance its enforcement capacity; and
  • Business becoming the primary vehicle for ensuring that integrated sustainable development is delivered on the ground.

Corporate Governance

When the Institute of Directors in Southern Africa (IoD) published the King Report on Corporate Governance in South Africa in 1992, it was the first of all the governance codes in the world to stress the importance of wider stakeholder interests beyond narrow shareholder demands. This global thought leadership was once again demonstrated when, in its revised King Report in 2002 (King II), the IoD included a whole chapter on sustainability reporting, including extensive referencing to two leading-edge international standards, the Global Reporting Initiative’s Sustainability Reporting Guidelines, and Accountability’s AA1000 framework.

The King II requirement that “every company should report at least annually on the nature and extent of its social, transformation, ethical, safety, health and environmental management policies and practices” has already paid dividends. Surveys by KPMG show that 85% South Africa’s top 100 listed companies in 2003 were already reporting on sustainability-related issues, compared with only 48% in 1997. This remarkable progress is assisted by the fact that the Johannesburg Securities Exchange has made compliance with King II a listing requirement.

In King II, therefore, we see that South Africa’s progressive legislation is backed up by a voluntary …

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[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.csrinternational.org”]Link[/button] CSR International (website)

[button size=”small” color=”blue” style=”info” new_window=”false” link=”http://www.waynevisser.com/books/corporate-citizenship-in-africa”]Page[/button] Business Frontiers (book)

Cite this article

Visser, W. (2004) Sustainable Business Futures: Setting the Global Agenda for Corporate Responsibility and ‘Ubuntu’ Capitalism. In South Africa 2014: The Story of Our Future, edited by Bret Bowes, Guy Lundy & Steuart Pennington, SA Good News: Johannesburg.

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In Search of Business on the Elephant Trail

In Search of Business on the Elephant Trail

Article by Wayne Visser

In a previous article, I talked about the need for companies to “shapeshift” – to change their underlying natures – from embodying the characteristics of a lion (a competitive, selfish predator) to being more like an elephant (a more cooperative, harmonious creature). This analogy is based on the book I co-authored with Clem Sunter entitled Beyond Reasonable Greed: Why Sustainable Business is a Much Better Idea! (Human & Rousseau Tafelberg, 2002).

The question still remains, however: what does an elephant company look like? Like trying to convince caterpillars that going into a cocoon is a good idea, it helps if we can show the remarkable end result, namely a beautiful butterfly flying free. That is why, in this article, I want to highlight some companies that have already gone a long way down the elephant trail; businesses that have begun transforming themselves into agents of positive change in a world that desperately needs visionary leadership.

There are seven critical areas in which elephant companies distinguish themselves from lion companies, namely: values, vision, work, governance, relationships, communication and services. We will explore each of these themes briefly and give examples of those companies and business leaders that are blazing a trail for others to follow. So, hang on to your whiskers, the shapeshifting is about to begin.

Values: It’s in His Kiss

Values are exactly what they say they are – a reflection of the things we value. In a corporate context, they are not motherhood and apple pie statements in annual reports, or candyfloss principles framed on the boardroom wall. If you want to know what values a lion lives by, the answer lies not in his well-groomed mane or his charming smile; as the rock ‘n roll classic goes: “It’s in his kiss!” In other words, company values are betrayed by the way they behave.

Let’s take the issue of equity in the workplace as an example. It is a fact that the gap between rich and poor has widened in the past fifty years, with three billion people (half the world’s population) still living on less than $2 a day. And yet how many companies look to themselves as one of the sources of this growing inequity? How can it be otherwise when, in 1960, Chief Executives in the United States earned on average 40 times more than the average worker, but by 1990, this factor had gone up to 80 times and today is around 120. Taken to an extreme to illustrate the point, do you know that it would take one Haitian worker producing Disney clothes and dolls 166 years to earn as much as Disney president Michael Eisner earns in one day. In lion companies, the benefits always seem to trickle upwards to feed the fat cats.

By contrast, America’s popular ice-cream chain, Ben & Jerry’s Homemade Inc, chose equity in the workplace was one of their fundamental values. Importantly, it didn’t stop with words, but rather translated into action. The inspirational founders of Ben & Jerry’s insisted on a top to bottom salary …

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Related websites

[button size=”small” color=”blue” style=”tick” new_window=”false” link=”http://www.csrinternational.org”]Link[/button] CSR International (website)

[button size=”small” color=”blue” style=”info” new_window=”false” link=”http://www.waynevisser.com/books/business-frontiers”]Page[/button] Business Frontiers (book)

Cite this article

Visser, W. (2003) In Search of Business on the Elephant Trail. Namaste, Volume 21, July/August.

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Reformation and Pragmagic

Reformation and Pragmagic

Chapter by Wayne Visser

Extract from Beyond Reasonable Greed

As we write this introduction we are very conscious of magic. Magic, it seems, is a catchy theme right now, both in our own lives and in the world around us. This is hardly surprising, what with J.R.R. Tolkein’s Lord of the Rings and J.K. Rowling’s Harry Potter stories having come to life on the big silver screen. But the magic we are talking about is not of the wizardry kind. Merlin can stay in his cave. Nor is it of the David Copperfield genre where the audience knows that they’re being hoodwinked but are prepared to suspend their belief in the interests of excitement. No, we are talking about something more genuine, more tangible, more practical – what brain-mind researcher Marilyn Ferguson called ‘pragmagic’.

In our interpretation of the word, magic is the revelation that results from a profound change in perception or understanding. The superstitious world of the Middle Ages was magically transformed by the wizards of art and science – Da Vinci, Galileo, Copernicus and Newton. Then the quantum physicists waved their wands and subtly altered Newton’s clockwork universe. Today, the magic continues as the seemingly impossible is conjured up with breakthroughs in areas like biotechnology, artificial intelligence and human consciousness.

But magic is not restricted to the sciences. Nelson Mandela and F.W. de Klerk weaved their own form of magic to create the New South Africa. Unlike in art and the sciences where the magic is normally provided by individuals working on their own, the magic in politics often comes from the development of a positive chemistry between the leading players. This chemistry then leads to an outcome greater than the contribution of any individual member and takes them all by surprise.

Nevertheless, as with everything in life, there’s good magic and bad magic. The Swastika was bad magic. When Hitler unfurled it, he temporarily turned the most scientifically advanced nation on Earth back into savage barbarians. In his footsteps followed Stalin, Mao and Pol Pot who turned their followers into killing machines of their own people. By the millions. And the chemistry was pure evil. Today bad magic continues to bedevil regions like the Middle East and Northern Ireland where thirst for revenge plunges ordinary people into acts of lunacy and callousness. In the name of God or Allah. And He is always on your side.

What, you may be asking, has all this to do with business? Well, magic has everything to do with business and this book. For the simple reason that bad magic has moved many companies into a state that is beyond reasonable greed. And the public have a good idea of the boundary between ‘reasonable’ and ‘obscene’. Recently, in South Africa, we have had several disclosures on the size of individual packages and the terms of share incentive schemes which have caused tremendous hue and cry. They have been clearly out of wack with the norm. To give companies the benefit of the doubt, they may not have consciously exceeded the limits of reasonableness. Their boards probably comprise the normal spectrum of saints and sinners; but somehow they have allowed themselves to be collectively swept along by the prevailing paradigm of success which is purely financial, and that in turn has led to unreasonable behaviour. …

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Related pages

[button size=”small” color=”blue” style=”info” new_window=”false” link=”http://www.waynevisser.com/books/beyond-reasonable-greed”]Page[/button] Beyond Reasonable Greed (book)

Cite this chapter

Visser, W. (2002) Reformation and Pragmagic, In W. Visser, Beyond Reasonable Greed: Why Sustainable Business is a Much Better Idea! Cape Town: Tafelberg Human & Rousseau,  11-17.

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