Simple but powerful advice on how and why to rethink your business
structure in a time when traditional capitalism is no longer
working for people or the planet. Vincent
Stanley, Patagonia's Director of Philosophy, with Yvon
Chouinard, founder and former owner of Patagonia, draws on 50
years' experience at Patagonia to challenge all business owners and
leaders to rethink their businesses in a time of cultural and
climate chaos. Patagonia over and over throughout the years
has been recognized as much for its ground-breaking environmental,
social practices as for the quality of its clothes. And then, in an
unprecedented action, in 2022, the Chouinard family gave their
company away, converting ownership to a simple structure of trusts
and non-profits, so that all the profits from the company can be
used to protect our home planet and work to reverse climate chaos.
In this exceptionally frank account, Stanley with Chouinard
recounts how the company and its culture gained the confidence, by
step and misstep, to make its work progressively more responsible,
and to ultimately challenge other companies, as big as Wal-Mart and
as small as the corner bakery, to do the same. In plain,
compelling prose, the authors describe the current impact of
manufacturing, commerce, and traditional capitalism on the
planet’s natural systems and human communities, and how that
impact is forcing business to change its ways. The Future of the
Responsible Company shows companies how to reduce the harm they
cause, improve the quality of their business, and provide the kind
of meaningful work everyone seeks. It concludes with specific,
practical steps every business can undertake, as well as advice on
what to do, in what order. This is the first book to show companies
how to thread their way through economic sea change and slow the
drift toward ecological bankruptcy. Its advice is simple but
powerful: reduce your environmental footprint (and its skyrocketing
cost), make legitimate products that last, reclaim deep knowledge
of your business and its supply chain to make the most of
opportunities in the years to come, and earn the trust you’ll
need by treating your workers, customers, and communities with
respect. It also describes the threats of traditional capitalism
and why the owners of Patagonia chose to hack the system to ensure
that the company will still exist and have impact in 100
years. An explanation of Patagonia's revolutionary new
business organization, The Patagonia Purpose Trust and The Holdfast
Collective, rounds out this captivating business
book.Â
General
Imprint: |
Patagonia Books
|
Country of origin: |
United States |
Release date: |
March 2023 |
As told to: |
Yvon Chouinard
|
Authors: |
Vincent Stanley
|
Dimensions: |
228 x 152 x 15mm (L x W x T) |
Pages: |
192 |
Edition: |
2nd New edition |
ISBN-13: |
978-1-952338-11-3 |
Categories: |
Books
|
LSN: |
1-952338-11-5 |
Barcode: |
9781952338113 |
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