I think for leadership positions, emotional intelligence is more important than cognitive intelligence. People with emotional intelligence usually have a lot of cognitive intelligence, but that's not always true the other way around.
John MackeyRead
I believe our philosophy of conscious capitalism will eventually be widely adopted primarily because it is a better way to do business, and it creates more total value in the world for all of its stakeholders.
Interpretation
What this quote means
Conscious capitalism emphasizes ethical business practices that benefit everyone involved, leading to greater overall value.
John Mackey's quote highlights the concept of conscious capitalism, which asserts that businesses can thrive by being ethically responsible and by prioritizing the interests of all stakeholders, including employees, customers, suppliers, and the environment. This approach is posited as not only a morally superior way to operate a business but also a more effective way to create enduring value in society, suggesting that ethical practices can lead to better financial performance and greater social impact.
Themes
Conscious CapitalismBusiness EthicsStakeholdersValue CreationResponsibility
In practice
Example use cases
During a business conference discussing sustainable practices, this quote could be used to advocate for a shift towards more ethical business models.
More from John Mackey
All quotes →Examine our every action through the lens of how we would feel if it were to become front page news.
John MackeyRead
We believe that business is good because it creates value. It is ethical because it is based on voluntary exchange; it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity.
John MackeyRead
You can't live if you don't eat, but you don't live to eat. And neither does business exist primarily to make a profit. It exists to fulfill its purpose, whatever that might be.
John MackeyRead
The idea that in the system, if you manage it in an optimum way, all of the constituent parts of the system also win, flourish, and benefit, is intrinsic to business and even to capitalism itself, properly understood. But people don't understand it because we're not taught to think that way.
John MackeyRead
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