Fall PBL 2013

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PBL has officially begun! Our first meeting was on September 12th and we had a huge turnout biggest largest in many years. We are  very excited to welcome all of the new and returning members — we have exciting plans for the year ahead! We are in the process of ordering complimentary t-shirts for this years members and officers. Our first exciting event is THIS SATURDAY.  PBL is entering a crockpot of homemade chili for the Ketner School of Business Chili Cook-Off. The event will be held in the Ketner School of Business building on Saturday September 21 from 3:00-5:00pm. PBL encourages you to come out and experience the fun.

 

Other events PBL plans to participate in include: a guest speaker from the National Sportscasters and Sportswriters Association, a downtown Charlotte business tour, a social with other PBL chapters in the area, fundraisers, and leadership conferences. 

 

PBL meetings are the first Tuesday of every month at 11:00am in Ketner 314.

We are very excited to see the great things PBL can accomplish this year. 

 

If you are interested in participating in PBL or any of these events please email lkennedy@catawba.edu.

What is Conscious Capitalism?

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When I first began reading Conscious Capitalism, the first question that came to mind was: What does the term conscious capitalism mean?  We are all familiar with the term capitalism, because it is the driving force of the economy in which we interact with everyday. We are also all familiar with the recent recession and tough breaks our economy has been through. Naturally, some people will question the idea of capitalism — they wonder if it is helping or hurting our current economic state.  Mackey and Sisodia are very aware of the apprehension circling within society; this apprehension is what inspired them create an idea represented by the name “Conscious Capitalism.”

Bill George, the author of the foreword to Conscious Capitalism, applauds Mackey and Sisodia for writing this book in efforts to return capitalism to its roots. George describes conscious capitalism as “the only authentic form of capitalism.” He believes that this authentic form of capitalism is the only way to to build a successful business that benefits its customers, employees, investors, communities, suppliers, and the environment. He believes that the current interpretation of the term capitalism has caused entrepreneurs and businesses to drift away from these important aspects of authentic capitalism and more toward a profit driven and money crazed form of capitalism. George summarizes his ideas on this profit driven and money crazed form of capitalism when he writes, “Just as people cannot live without eating, so a business cannot live without profits. But most people don’t live to eat, and neither must businesses live just to make profits.” This statement is an analogy for the basic idea of conscious capitalism. 

John Mackey is the author of the introduction where he briefs the reader on what the remainder of this book entails. He tells us that he and his fellow co-author reveal four core components to conscious capitalism, they include: purpose, recognizing the importance of each major and secondary stakeholder, conscious leadership, and conscious culture and management. Each of these components are essential to conscious capitalism because they allow entrepreneurs and CEO’s to regain the roots of capitalism for their business.

 

Welcome to my blog!

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Welcome! I am a current junior business student at Catawba College majoring in Accounting and Management. I am the Phi Beta Lambda President for the 2013-2014 academic year. For those that do not know much about Phi Beta Lambda, PBL is a nationally known professional business fraternity that gives business students the opportunity to learn, travel, and grow as a future business professional. PBL also gives members the chance to gain skills that will prepare them for the “real-world” after college. PBL is growing in popularity at Catawba College and I am very excited to see all of the great things PBL will accomplish this academic year!

I will use this blog to post information about PBL, in addition to blogging about the book Conscious Capitalism. This book was chosen by the Catawba College Business School and Business Advisory Board. I will begin reading this book next week and will be posting weekly blogs about the progress I am making in Conscious Capitalism. Stayed tuned for more information about the book.

Thanks for checking out my blog!

Madison

FBLA-PBL