{"id":323,"date":"2017-08-25T12:31:18","date_gmt":"2017-08-25T17:31:18","guid":{"rendered":"http:\/\/thelight.com\/?p=323"},"modified":"2017-08-26T12:58:14","modified_gmt":"2017-08-26T17:58:14","slug":"tata-a-great-example-of-conscious-capitalism-in-action","status":"publish","type":"post","link":"http:\/\/thelight.com\/index.php\/2017\/08\/25\/tata-a-great-example-of-conscious-capitalism-in-action\/","title":{"rendered":"Tata &#8211; a great example of Conscious Capitalism in action"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"324\" data-permalink=\"http:\/\/thelight.com\/index.php\/2017\/08\/25\/tata-a-great-example-of-conscious-capitalism-in-action\/tata-group\/\" data-orig-file=\"https:\/\/i0.wp.com\/thelight.com\/wp-content\/uploads\/2017\/08\/tata-group.png?fit=234%2C215\" data-orig-size=\"234,215\" data-comments-opened=\"1\" data-image-title=\"tata group\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/thelight.com\/wp-content\/uploads\/2017\/08\/tata-group.png?fit=234%2C215\" class=\"alignleft size-full wp-image-324\" src=\"https:\/\/i0.wp.com\/thelight.com\/wp-content\/uploads\/2017\/08\/tata-group.png?resize=234%2C215\" alt=\"\" width=\"234\" height=\"215\" \/>As I continue to work through the book, &#8220;Conscious Capitalism,&#8221; I came across a great example of how companies, when &#8220;conscious,&#8221; focus on more than just shareholder return. \u00a0They focus on the entire system in which they operate and seek a &#8220;Win 7&#8221; outcome where customers, employees, suppliers, community, environment, and investors (indeed, all of society, for why else would governments allow companies to exist as entities if it weren&#8217;t for some net societal benefit?) all receive good returns.<\/p>\n<p>The book showcased the Indian conglomerate, Tata, facing one of their most difficult times (in the aftermath of the November 26, 2008, terror attack on their Mumbai property, the Taj Mahal Palace Hotel) and how they triumphed over that horrendous crime by being a beacon of light in terms of how a company could respond to <strong>all<\/strong> stakeholders after such a tragedy.<\/p>\n<p>Read more here at:<\/p>\n<p>http:\/\/www.scmp.com\/business\/article\/1888943\/taj-groups-response-wake-mumbai-terror-attacks-example-business-broader<\/p>\n<p>Wouldn&#8217;t this be great if we could engage our American companies to start thinking along these lines?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As I continue to work through the book, &#8220;Conscious Capitalism,&#8221; I came across a great example of how companies, when &#8220;conscious,&#8221; focus on more than just shareholder return. \u00a0They focus on the entire system in which they operate and seek a &#8220;Win 7&#8221; outcome where customers, employees, suppliers, community, environment, and investors (indeed, all of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-323","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","entry"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8kHU7-5d","jetpack-related-posts":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/thelight.com\/wp-content\/uploads\/2017\/08\/tata-group.png?fit=234%2C215","_links":{"self":[{"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/posts\/323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/comments?post=323"}],"version-history":[{"count":1,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/posts\/323\/revisions"}],"predecessor-version":[{"id":325,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/posts\/323\/revisions\/325"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/media\/324"}],"wp:attachment":[{"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/media?parent=323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/categories?post=323"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/thelight.com\/index.php\/wp-json\/wp\/v2\/tags?post=323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}