
It is therefore important
for the companies, especially the business leaders, to properly reflect on the
ripple effect of every action, before making a decision and implementing a
change. The book Vocation of the Business Leader:
A Reflection, has pointed out 6 guiding principles for businesses to
integrate LIFE, VIRTUES and business practices for the benefit of the society. Almost all of these guiding principles were
practiced by one company that I have worked for, which was led by a true
Christian Business Leader, which I would like to call as Mr. J. Mr. J is the president of Company ABC, a
group of companies with distribution and retail businesses. The Filipino translation of Company ABC’s
real name is “human being”, and the Chinese translations are ‘way’, ‘path’, ‘doctrine’,
and ‘principle’. Below are some examples
of how Mr. J has actually lived by these 6 guiding principles.
Meeting the Needs of the World through the Creation and Development of
Goods and Services
1.
Businesses that produce goods which are truly good
and services which truly serve contribute to the common good.
One of
the subsidiaries of Company ABC used to handle distribution of cigarettes. This subsidiary is one of the biggest and top
profit earners among his subsidiaries.
Despite this, he later on decided to drop this business. Not because it is declining or starting to
lose its market share, but because he believed that the product harms the
people’s lives.
2.
Businesses maintain solidarity with the poor by
being alert for opportunities to serve otherwise deprived and underserved
populations and people in need.
Another
subsidiary is handling retail of health supplements, targeting the middle and high-end
market. Realizing that he also needs to
touch the lower market, he acquired another health supplement retail company to
cater to this market.
Organizing Good and Productive Work
Mr. J’s primary mission in acquiring a company is to give jobs
to the community. Some people may be
challenging him or recommending to him not to acquire Company B, an existing
and almost bankrupt business, which has about 100+ employees. Consultants and counsels believe that the
return of investment will take a long time.
Despite these advices, Mr. J continued acquiring the business, not
because of the desired profit, but to give jobs to the existing employees.
4. Businesses provide,
through subsidiarity, opportunities for employees to exercise appropriate
authority as they contribute to the mission of the organization.
In Mr. J’s head office, he has hired disabled female personnel
with a very pleasing personality to be the receptionist. In my 12 years of working experience in 5
companies, this receptionist showed the sincerest “good morning”. This is actually one of Mr. J’s ways to
remind everyone in his business community that all of us were created
equal.
Creating Sustainable Wealth and Distributing It Justly
5.
Businesses model stewardship of the resources, whether capital,
human or environmental, that they have received.
6.
Businesses are just in the allocation of resources to all
stakeholders: employees, customers, investors, suppliers, and the community.
All employees under his community have
fair compensation and benefits. His
businesses, big or small, are all housed in a safe working environment. Mr. J has also established a foundation,
which aims to “improve the state of public education in the country” as well as
to support public sports programs and promote Filipino music. This company has also partnered with DepEd to
promote a technology-enhanced alternative delivery mode of learning. Since 2010, its foundation was able to deploy
this mode of education to 4 public schools in Luzon and Visayas.
With Mr. J’s way of
running his business and a mantra of “giving back to the community”, I realized
that business leaders are also “doctors” of the society. It may not be on a medical perspective, but
business leaders can also save the lives of the employees, his family, and the
community. The profits and benefits of a
business organization ripple to the stakeholders and to a wider society.
For I know the plans I have for you, declares the Lord, plans for welfare and not for evil, to give you
a future and a hope (Jeremiah 29:11)
References:
Company’s Ripple Effect
http://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp0304/04RP04
http://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp0304/04RP04
Vocation of the Business Leader
http://www.pcgp.it/dati/2012-05/04-999999/Vocation%20ENG2.pdf
http://www.pcgp.it/dati/2012-05/04-999999/Vocation%20ENG2.pdf