Business, For Purpose

Do our words actually speak…

A quick thought for a Monday afternoon.

LinkedIn and other forms of social media are places, like so many, where people go out of their way to say the right things. This is especially true now that ‘for purpose’, ‘good cause’ ‘EQ’ and ‘diversity are buzz-words in mainstream use.

We all need to remember though, actions speak louder than words. A single misaligned action can disprove thousands of well-spoken words.

The internet ensures that none of our actions can remain totally hidden from view. If we don’t authentically act out our words, it will be as if we’ve never spoken.

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Sustainability

Go forward

I haven’t blogged for a while now as I pour my creative thoughts into my book – “The Zone, where business and purpose collide”

I did however want to share this proverb.  I think it’s so fitting, both for this period in time but also for a sustainable future.

Manaaki whenua, manaaki tangata. Haere whakamua.

Care for the land, care for the people. Go forward

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Business, For Purpose, Sustainability

Thanks Eco Friend

Being very busy with my full time ‘day job’, I haven’t been out and about in the social enterprise / purposeful business space for a while (apart from with CSC Buying Group of course).  

When you’re head down, it’s easy to forget about the truly awesome stuff happening out there.  This is why it’s vital we have awesome friends and contacts to remind us and to add that spark to our thinking.

 We all get busy leading up to Christmas, it’s almost like we expect the country to shut down for six months so it has to be done now. Then of course we find it doesn’t shut down but we’re back into the daily grind before we know it.

 The festive season is a great time to let thoughts bounce around and I for one am immensely glad for the opportunity to sit down and listen to people who inspire me.

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Collaboration is not tech…

Collaboration is a term that is bandied about a lot these days but its meaning has been clouded, quite literally.

A base description of collaboration (thanks to the good folk at Wikipedia) is: Collaboration is the process of two or more people or organizations working together to complete a task or achieve a goal. Collaboration is similar to cooperation.

Hop online and Google collaboration though, and once you get past the definitions, you’ll find a great many links to websites for cloud based software to enable collaboration. It seems that the process has now become a definition of a tool.

Cloud computing certainly allows better integration across sites, organisations and even countries. Here at CSC Buying Group, we are definitely enjoying its many benefits.

Software allowing multiple people to edit a document or comment on a notice board may assist with collaboration but by itself, it doesn’t create and encourage it. An organisation’s culture is what enables true collaboration. Working towards a common goal, trusting your colleagues, transparency by all parties, willingness to engage and supportive leadership will always have far more influence than software ever could.

As a leader you need to ensure that there is a common purpose and an atmosphere of trust within the group. Also provide ongoing, constructive feedback throughout the process and encourage others to do the same. Most importantly, remember to communicate, communicate, communicate.

Collaboration does not rely on software, it relies on people. Whiz-bang computer tools will assist but if you want your team to fully collaborate, it still comes down to you as a leader. Don’t get fooled by the “techies”, collaboration is a human process. It’s up to you to create the environment that will allow it to happen.

team-3373638__340First published in Cambridge Chamber of Commerce News, Summer 2018

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Economic Development

If you’re on LinkedIn and connected with anyone from the Waikato, chances are you would have seen at least one post around the Waikato Regional Economic Development Agency – now called Te Waka and the summit held last week.

Far from the collection of “Hamiltoncentric” corporates I feared would make up the majority of invitees, Dallas and his team did a fantastic job ensuring a good cross section of people attended. What was even more pleasing was the almost automatic view that economic development revolves around people and our communities. It was definitely a case of ‘ensuring no one was left behind’.

On the second day we were asked to, initially by ourselves, identify some strategies for growing the Waikato economy.

With the vocal support for people and the environment, my mind instantly went to my favourite topic – using business as a resource that we can use to grow and support our both our economy and our communities.

The doing good / having a purpose appeals to Gen Y and Z, Govt is now starting to look at capacity building in the social enterprise space and the unsustainable levels of charities in New Zealand all point to the fact that the time has come to change our thinking.

Charities and social enterprise are an internal resource we can use for economic growth, and the changing view of our business leaders means that doing good is no longer just a by-product (if that).

With all of this in mind, my ideas for stimulating the local economy are:

  • Let’s fast track capability and capacity within businesses with authentic social goals.
  • Invest to move many of our multitude of charities into productive social enterprise
  •  Inform and support successful businesses to grow a new generation of Gallagher’s, Perry’s and DV Bryant

Specific action points I personally would love to see happen are:

  1. Employ champions to promote and support this plan
  2. Take the existing resources for training our business leaders and put it on steroids. CELF (Community and Enterprise Leadership Foundation) is a good example. If we subsidised the fees, access would increase – and let’s take it to the regions as well.
  3. Arrange purposeful networking -> includes business, local Govt, charities and social enterprise – we need to learn from each other. Imagine how powerful it would be for business leaders to hear the passion when social entrepreneurs share their stories. Coffee and discussing growth issues like cashflow, informal education and peer support.
  4. Coordinate and promote impact investment. Funders are there but struggle to find purposeful businesses that are investment ready.
  5. Engage mentors. Work with organisations like Business Mentors to develop and identify ideal mentors for this work. Varied skills are required including transitioning from a charity model, how to engage corporate directors on this journey, how to get investment ready, how to start up a social enterprise. We need to increase the width of mentor skills available
  6. Proactively support the establishment of capacity builders like Impact Hubs, not forgetting of course other resources like Community Waikato.

These are only quick notes but I wanted to get them down and shared. This has been my message for a while but I believe that it’s important enough to keep repeating.