Good Business
Television
On this 30-minute show, I
interview today’s leaders of ethically profitable
companies. Such
companies reward
investors with profitable
performance, and they pay genuine attention to:
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The environment:
pollution reduction, environmental impact, recycling and
energy-saving measures
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Community relations:
philanthropy, foundations, community service, employee
volunteerism, outreach and scholarships
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Employee relations:
fair wages, paid benefits, family-oriented policies,
workplace safety and diversity
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Customer relations:
quality management, product safety, customer
satisfaction, and harmful impact mitigation.
Click here
to watch a 3-minute video clip of Good Business.
Recent episodes:
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Ethics
consultant Philip Henderson speaks with me about the
importance of employees and employers taking the
time to compare their intersection points of
personal ethics and workplace ethics. Simple tests
and contemplative writing exercises can help both
parties to evaluate areas of ethical conflict and
agreement.
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AngelPoints CEO Andrew Mercy speaks
with me about
corporations (including Toyota, CitiGroup, Deloitte,
and B of A) that effectively coordinate and manage
their employees’ volunteer activities for local
communities and non-profits. The result is genuine
corporate social responsibility, improvements in
brand recognition and profitability, and improved
employee retention and teamwork.
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Laserfiche CEO Nien-Ling Wacker and Senior VP Chris
Wacker speak with me about document retention via electronic
scanning/storage/retrieval, regulatory compliance
with Sarbanes-Oxley, HIPAA and the Patriot Act
("Know Your Customer"), plus leading a large
high-technology corporation while maintaining a high
quality of life for employees and partners.
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Halbert Hargrove Investment Counsel
CEO Russ Hill speaks with me about socially responsive
investing (SRI), and how well-researched investment
in SRI funds (ex: Calvert, Domini) can result in
both better-than-S&P financial return and the
knowledge that your money is being utilized in
support of corporate social responsibility.
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Emmy-award winning
investigative reporter Judd "The Troubleshooter" McIlvain
speaks with me about his experience reporting for CBS News,
ABC News and CBS's 48-Hours, about ethical practices
in television news, and about CEOs who often
communicate poorly when confronted with ethical
dilemmas.
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Venture
& Technology Management Group CEO/founder Dr.
William Salesky
speaks
with me about leading several well-funded
start-ups, and how socially responsible executive
management enhances corporate profitability.
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It's a Grind
COO John Alderson
speaks about rapidly growing a national coffee
house franchise. IAG turns down most financially
qualified (possessing $300,000 franchise fee)
applicants due to lack of proven ability to
focus on the highest levels of customer
attraction, service and retention.
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Better Business Bureau CEO/President Bill Mitchell
speaks about exposing, confronting and arbitrating
unfair and unethical business practices, ranging
from 'Make Money Stuffing Envelopes' signs on
lampposts (send $75 for your "start-up kit"), to
scams that take advantage of those with poor credit,
to automobile 'Lemon Law' issues.
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CEO coach Paul Walker
speaks about finding 'personal genius' in today's
corporate leaders. By evaluating the Myers-Briggs
personality types of CEOs, he guides executive team
actions that focus on style meshing and combined
focus on increasing profits in an ethical manner.
Tune in to Good
Business
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Charter Cable channels 57/65/69/95, available to 500,000+
residents and businesses in the greater Long Beach,
California area.
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DVDs of individual episodes are
available at no charge for educators,
meeting planners and the media.
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If you have a high-speed Internet
connection,
click here to view a 3-minute video from Good
Business TV. (2MB file.)
Facts on Ethical Consumerism
The U.K. and the Rest
of Europe are Leading the Way
Significantly more
analysis and research on statistics and trends in
ethical consumerism has been conducted in the United
Kingdom and in other parts of Europe than in the United
States.
In December 2004 a Cooperative Bank-funded study called
the Ethical Purchasing Index (EPI) reported on UK
marketplace trends in consumer purchasing of ethically
produced goods and services. The report showed a strong
growth in the sale of such goods and services.
In cooperation with the New Economics Foundation (NEF),
the EPI report tracked the domestic consumption of food,
energy, housing, household goods, cosmetics and
toiletries, transport, charity and leisure.
Details from the 2004
Cooperative Bank Ethical Purchasing Index (EPI) include:
- Ethical consumerism
in the UK is soaring and is now worth £24.7B a year.
- In 2003, UK
consumers spent an additional £3.5B in line with
their values, an increase of 16% over 2002. Over the
same period, UK household expenditure increased by
only 4%.
- Overall market share
of ethical consumerism has increased by almost 40%
in five years, since the EPI began in 1999.
Key Growth Areas from the EPI Study
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Sales of
ethically-produced timber increased by £225M to
£869M.
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Sales of energy
efficient household appliances increased by £273M to
£1.1B.
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Sales of Fair Trade
goods (tea, coffee, bananas) increased by £29M to
£92M, a growth of 46%. (In the last 4 years, Fair
Trade coffee has become the fastest growing segment
of the $18.5B coffee industry.)
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£1.4B was placed in
ethical investments and deposited with ethical banks
and credit unions in 2003, an 18% rise totaling £9B.
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Total value of
boycotts rose to £3.2B, an increase of £600M on the
previous year. (Boycotts of certain US brands,
particularly those associated with poor
environmental performance or unacceptable labor
practices, increased significantly over the past 12
months. Value to those brands, in terms of lost
sales, more than doubled to £1.8B in 2003.)
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In some areas, ethical
products compete for market share successfully with
non-ethical products. (Free-range eggs have 40%
market share, and energy efficient household
appliances have over 50% market share.)
Additional Facts from 2002 Market Assessment
Publications study
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Women are more likely
than men to buy products with regard to ethical or
green issues.
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Levels of affluence
and education parallel responsiveness to ethical and
green issues.
Click here to read
Lee's "Five
Ways to Judge a Company's Level of Ethical Profitability"
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tel. (562) 986-5163
Lee@LeeGodden.com |
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