Conscious Business: How to Build Value through Values

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Fredy Kofman
March 17, 2010 | Universidad Francisco Marroquín | Duración:..

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In this conference, Fredy Kofman discusses the importance of building a strong foundation for a conscious business by merging good leadership skills with cultivated ethical values.  He redefines the common model of a corporation where it is not only a money-driven machine that exists solely for its own benefit but it rather exists to build and preserve values.  He also recommends leaders in a conscious business to provide a good example through their own unobstructed ethical values.  Kofman comments that the power a leader has stems from assuming responsibility in his actions, and not becoming a victim of his circumstances.  He explains that society has created a culture where it is easier to blame an outside factor for failing, rather than accepting and learning from the own negative experiences.  This particular factor separates those individuals that are victims from the ones that become players and take ownership upon their actions.  The essence of a conscious business lies in having a deep sense of willingness alongside an ethical code.



Créditos

Conscious Business: How to Build Value Through Values
Fredy Kofman

Business School Building, EN-601
Universidad Francisco Marroquín
Guatemala, March 17, 2010

New Media - UFM production.  Guatemala, April 2010
Camera: Mynor de León; digital editing: Alfredo Jop; index and synopsis: Ximena García; content reviser: Daphne Ortiz; publication: Carlos Petz/Daphne Ortiz


Imagen: cc.jpgThis work is licensed under a Creative Commons 3.0 License
Este trabajo ha sido registrado con una licencia Creative Commons 3.0

Fredy Kofman

Fredy Kofman
Fredy Kofman is founder and managing director of the international consulting firm Axialent and founder of Leading Learning Communities. Previously, he taught ínformation systems and management control at Massachusetts Institute of Technology (MIT). He has published articles in the Journal of Organizational Dynamics, Management Science and Econometrica. He is also author of the series Metamanagement and the book and accompanying CD program Conscious Business. Kofman holds a PhD in economics from University of California, Berkeley.


Source: www.ufm.edu
Last update: 03/22/2010

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Slides
Dock windowContent
Initial credits
Introduction
Story about heaven and hell
Economic importance of corporations
Different opinions on business
All-time business bestseller in the United States
Management of corporations
Perception of business leaders
Diversity of people
Employees' desired skills
Lack of commitment
Efficient leadership
Mutually beneficial contract
Greek tablet: Agape and enthusiasm
Willingness
Essential conditions of a conscious business
Bounded rationality
Experiment about gravity
Explaining behaviors
Philosophy of the victim
Responsibility as a source of power
Philosophy of the player
Assuming responsibilities
Blaming culture
Learning experiences
Victim and player exercise
Man's Search for Meaning, Viktor E. Frankl
Problem and solution
Acceptance and resoluteness
Confronting problems
Accountability and confidence
Leadership
Qualities of Ludwig von Mises
Attributes of leaders
Success beyond success
Key values
Conscious choices
Spiritual harness
True nature of human beings
Game theory
Ethical principles
The Seventh Seal, Ingmar Bergman
Quotes John Wooden
Conclusions
Creating a business through values
Quotes Mahatma Gandhi
Question and answer period
Comment on Roberto Goizueta, former CEO of the Coca-Cola Company
How do you teach principles of a conscious business throughout the world?
How can teachers educate students about this philosophy?
Final words
Final credits
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