“I am going to have the highest marks in my next semester’s exams.”
“I want to be more organized this year.”
Many of us make these statements when we are motivated and when we feel that we need to change some things in our lives. But how often do we achieve these goals?
Why is discipline important: We set several goals for ourselves, but few come to fruition. This is because we either do not make a proper plan or don’t stick to the plans we make. If your goals are to be achieved, we must plan and follow the plan with thorough discipline. Discipline is required to bring positive life changes. It’s only the reason that gives the answer to the question WHY IS DISCIPLINE IMPORTANT?
DISCIPLINE IS A FORM OF SELF-LOVE.
Self-love does not only mean accepting yourself. It also means never tolerating anything (not even from yourself) that will prevent you from achieving your set targets.
Of the things that one should not tolerate, hate is major on the list. It’s easy to perceive hate from an external source. It’s much harder to detect the self-hate we wreck on ourselves all the time. Even worse, the negative effects of self-hate far outweigh what comes externally.
Every day, we cause damage to ourselves by tolerating.
Regular negative feelings
An unhealthy diet and lifestyle
Narrow convictions that we personally nurse
Immoral actions that we engage in
Discipline involves loving and respecting yourself, so you accept nothing less than your best self. Every time you give in to your fears, break your diet, tell a lie, lose faith in yourself, blame and judge yourself, or do anything to harm your body or mind, you are simply hurting yourself. Every time you allow yourself to be less than what you’re truly capable of, you are committing an act of violence against yourself.
Mahatma Gandhi once noted that it is the most difficult thing for human beings to be our best selves all the time. And by maintaining yourself, you don’t mean being utterly perfect. The important thing is always to be aware of your goals. Being able to pick yourself up, correct your choices, and continue your path each time you slip up on your plans is important.
Non-violence extends not only to acts that affect others but also to actions that concern you. It means you must always eat foods that nourish your body, only harbor thoughts that nurture your mind, and only be in relationships that enrich your life. Discipline often means moving beyond your fears and reasons why you are unable to attain your physical, emotional, and spiritual goals. If it seems unreal to equate self-mastery with non-violence, remember that when you truly love yourself, you won’t tolerate anything that will harm you, and this can be achieved through self-discipline.
DISCIPLINE HELPS YOU BECOME THE GREATEST EDITION OF YOURSELF
Discipline should never be used as a punishment tool because it damages an individual and can cause more damage than what you intend to correct. When discipline is used as a correctional tool, it brings out the better part of an individual. Eventually, discipline becomes part of your routine, and your body becomes acclimated to it.
When this happens, we function so effortlessly that we become a machine. Every individual is built like a computer, and it performs specific functions effortlessly based on the kind of programs we install on it. Unlike the computer, we are never perfect beings, and as such, too high targets should not be set for ourselves. Else we will find ourselves falling short of such targets all the time. Discipline should be a tool to bring us back to our target path each time we depart from it.
Some societies have started tackling the situation by teaching attitudinal change as a part of the grade school curriculum. They believe that values and norms instilled through simple disciplinary codes will become part of them. As children grow into adults, they will find it hard to break the good habits they formed in school.
IMPORTANCE AND IMPACT OF DISCIPLINE IN ACHIEVING YOUR DESIRED GOALS
Helps you accomplish your short-term targets
Being disciplined is the first step to achieving your goals. Being disciplined ensures that you achieve your short-term goals, which leads to the achievement of long-term goals. Lack of discipline leads to failure in achieving your immediate goals. Due to that, you’ll be giving up on your target in the future.
It prevents you from wasting time.
Are you sometimes in a situation where you have several things to do but no time to finish those tasks? And sometimes you find yourself doing nothing all day? The reason is simple. Excessive time is wasted on unnecessary things like concentrating on some random show for hours or browsing the internet aimlessly. Thus, you don’t find time for important things such as working out, paying your bills, buying groceries, or cooking meals. Discipline helps you give time to the essential things in life and prevents you from wasting your time.
Discipline helps you have control over yourself. You will be able to focus on the essential things in your life. For example, setting a budget for monthly expenses and following it with discipline will ensure that you avoid unnecessary expenditures. However, if there is no budget to work with, it is most likely that you will spend your money on various expenses (important and unimportant) only to realize that you don’t have any money available for emergency expenses. Being disciplined helps you control several things in your life. Whether it’s spending money or spending time, discipline is the only way to avoid wasting your resources.’
Successful people appear to have 10 times more skill than the rest. However, successful people work very hard to be successful. The ability to manage your thoughts and actions develops success. Hard work requires discipline since the work necessary to achieve your goals isn’t usually fun.
Avoid refusing to take action before you are inspired.
With all the distractions that we have readily available, it’s fair to say that achieving goals while we are uninspired is a difficult task. However, with self-discipline, you’ll find that it’s easy to put down the phone or junk food and work towards your goals—even if they aren’t enjoyable. Focusing on yourself rather than distractions will help you have a higher quality of life.
3. Finish strong.
Let the completion become your code. Persevere until the end, regardless of the assignment. Is the dish rack full, but do you still have some dishes left to wash? Move some things around (or dry a couple of dishes!) and finish that task. When you get something started, be sure to finish it. You’ll feel a lot more successful.
4. Engage in the toughest thing.
Early in the day, self-discipline is at its best. So, as quickly as possible, get the daunting thing checked off your must list.
5. Learn how to stick with pain.
Enduring pain for just a little longer is an integral part of discipline, and it should be put to practice in full. Just holding on for a short while more will help you conquer the urge to slide back to your vices. In some cases, your pain can actually be caused by focusing on things that make you uncomfortable—rather than serving as a sign of being injured. You don’t need to give in. Of course, in the case of exercise, listen to your body and take it slow. But learn to get comfortable with discomfort when trying to form new habits.
6. Have your enjoyment time.
The easiest way to replenish your self-discipline is this. Tension, hunger, and exhaustion all contribute to the reduction in self-discipline. Well, eat a healthy meal and get a lot of sleep. Take part in satisfying exercises.
7. Know your outcome.
Know the desired outcome, whether the outcome is a cleaned driveway, buying a new cruise ship, or completing a book. If you know what your end goal looks like, it’ll be easier to stick to the plan. Aiming for an outcome that you are unsure of is harder because you cannot track your progress.
8. Develop habits.
If you discipline yourself to vacuum the living room every Wednesday, eventually, it becomes a habit. Habits are strong. Once something becomes a habit, it becomes easier to do and requires less self-discipline.
According to various researches, mediation enhances certain parts of the brain concerned with self-discipline. Purchase a book, download a mediation app, or find a local group for meditation.
10. Make Positive Affirmations.
Recite favorable affirmations for yourself when you feel your willpower is getting low. While you get your work done, keep your mind focused on something positive.
11. Cut yourself some slack.
Setting a schedule that’s too aggressive will quickly diminish your self-discipline. Offer yourself regular breaks to ensure that you stay alert and fresh.
Discipline means obedience to rules and regulations. Without discipline, your life lacks direction. It is the compass needed to help us navigate through life. It does not mean a negation of individual liberty or a life confined to an iron case.
Discipline relates to many things. You can discipline all parts of your body. Your eyes can be disciplined not to see lustful things. You can discipline your mouth to keep yourself from saying malicious things or talking too much. Your hands could be trained to always engage in profitable activities. Discipline your legs not to walk aimlessly, and discipline your brain to enhance your IQ. Discipline your stomach not to eat just any junk. A better version of you is inevitable if these lines are tolled conscientiously.
The key to sustainable living is identifying the danger in the current steps we followed and how it affects the future. The word ‘sustainable’ is coined from two words: “Sustain and able.” To sustain means to give support to, supply to, energize, prolong, etc.
Sustainability is a concept related to developing goods, products, and services that meets our present needs. At the same time, the development doesn’t affect the future. This concept understands that our environment is an exhaustible resource. So, therefore, we must use the environment and its resources for sustainable living.
While many people associate sustainability with nature alone, it can be applied to other concepts of life. Such areas include economic development, social responsibility, behavioral patterns, occupations, and relationships.
Most times, we only think of meeting our present needs without considering the repercussions. Living a convenient life is good but putting the future at risk of decreasing is terrible. Sustainability comes in many forms and has lots of benefits.
What is sustainable living?
The Key to Sustainable Living is a way to reduce damages caused by our lifestyle choices and positively affect the duty of those to come. Sustainable living is acquired by making preferences to mitigate our negative individual and societal impacts. It also means making choices that will affect our world positively in the future.
Over the past few years, the environmental damages caused by our choices have been hefty. To find solutions to our needs and create job opportunities, we are experiencing “global warming.” With a rise in population and technological advancement, it all looked like sustainable living is unachievable: forests becoming cities, numbers of industries have increased, high demand for less available products, etc.
Sustainable living is a lifestyle that tends to avoid the depletion of the earth and its resources. It means striving to reduce waste, prioritize reusable or renewable resources and minimize consumption. Another meaning of sustainable living is making healthier choices for the planet and the people who live on it.
In addition, it is a practice that maintains an optimum use of our natural resources while preserving a stable economy for the future.
What are the goals of sustainable living?
Sustainability in its original form is maintaining an environmental equilibrium. This means return to the earth what you took from it. The goal is not to have excess or underuse the resources we have. For instance, the rate at which people build houses has brought about a high demand for planks leading to deforestation. Also, the amount of energy consumed has increased.
Sustainability aims at maintaining a zero energy balance. What are other alternatives for the overused resources? How can I minimize the usage of a particular resource? How can we recycle? These are vital questions sustainability tends to find answers to.
Furthermore, sustainable living aims at prolonging our natural resources. Looking at our wildlife habitat, we would notice some animals have gone into extinction while some can rarely be found.
Principles of Sustainable living
Here we talking about Principles of Sustainable living:
1. Effective Land use and Wildlife Preservation
This principle requires people to realize effective land use and wildlife conservation. It aims to create new habitats and rehabilitate biodiversity through effective land use and incorporate practices that protect the environment and its resources.
Wise actions regarding the use of land and wildlife preservation are vital to sustainable living. To maintain a healthy ecosystem, we must embrace effective land use and wildlife preservation.
2. Sustainable Water Usage
The principle of sustainable water usage emphasizes the need for the proper utilization of water. Practices such as a proper water management system reduce water wastage, flooding, pollution, etc. Sustainable water usage affects Local and home usage, manufacturing purposes, construction and maintenance purposes, agriculture, etc.
3. Lasting cultural values and heritage
Culture has its way of preserving our environment. Some cultures preach the use of organic products and local materials. By doing this, some of our local resources are not outrightly tagged as useless. Some of the drugs we have today are products of existing knowledge of our local resources, including herbs.
Using organic products made by our local resources reduces our reliance on synthetic or factory-made products. An example of this is canned foods and the local preservation processes.
4. Support local and organic foods
One of the essential things we need to survive as humans is food, but what happens when the food is unhealthy. This principle encourages the healthy consumption of edible foods through sustainable agriculture. Local and organic foods are made available with no preservatives or chemicals.
Food wastage is highly discouraged. Natural food cultivation and preservation processes are recommended.
5. The use of sustainable and renewable resources
This principle aims at using and replacing used resources. Sustainable resources are healthy, efficient, and durable products. They are also locally sourced materials, renewable resources, or products manufactured from waste.
6. Creating a healthy environment
This involves engaging in functional and vital life workouts to promote good health and well-being. We tend to enjoy a healthy life when we engage in activities valuable for exercise. Exercising our muscles, stretching, jogging, and other exercises are medically advised. Other fun activities include hiking, swimming, walking, sailing, biking, etc.
Here I’m going to explain the Advantages of Sustainable Living:
One of the essential advantages of sustainable living is its health impact. All other advantages point to a healthy lifestyle. Living a sustainable lifestyle is a safe way of achieving improved fitness and better life equilibrium. Healthy living can be attributed to little dependence on health-aided machines and consumption of quality diets.
Little dependence on vehicles and types of machinery helps to keep our body fit by manually exercising them. Consumption of quality and non-toxic foods enhances good living. Healthy living embraces nature and appreciates its resources, enhancing happiness and reducing depression.
Decent and more safe planet
Why do we want to live on our planet is not conducive? The most important reason to be alive is to keep our environment safe. It simply means guaranteeing its stability and certainty for future generations. Practical usage of the earth’s energy will ensure sustainability for the present moment and the unborn generations.
Harnessing the power of the sun, water, wind, etc., and the use of non-toxic materials will ensure a safe environment. There are innovations about machines that use petrol and diesel, producing carbon monoxide as exhaust. Carbon monoxide is hazardous to our health. Devices that use steam engines are now in production and ready for use.
Sustainable living helps to cut costs. We don’t only reduce excesses; we reduce the cost spent on resources. Bills spent on water, power, food, and other miscellaneous bills are reduced by implementing sustainable plans.
We are maximizing our resources efficiently.
We have resources needed for use when all excesses are avoided. Effective planning and execution of the plans can be accomplished. Estimating the resources needed would have been calculated, giving room for efficiency.
Sustainable and durable products
Sustainable and durable products are made from natural and organic resources. Fabrics and cotton materials made from natural resources are excellent and durable. When turned into household items, some trees can be pretty durable.
Pillars of sustainability
Environmental, societal and economic sustainability are the three pillars of sustainability. All three are connected, and we can only have a sustainable environment when they align. We cannot have one without the others because they work together.
For example, environmental sustainability comes first, but without the other two pillars, it becomes vulnerable to collapse.
Environmental sustainability is a set of activities to reduce or minimize the environmental impact of products, facilities, and operations.
Societal sustainability refers to policies and layouts that vigorously favor existing and coming generations living healthily and comfortably.
Economic sustainability is strategies that encourage individuals and organizations to use socio-economic resources to their advantage.
Ongoing Activities on sustainable living
Here we are talking about Ongoing Activities on sustainable living:
As part of the activities to have a sustainable environment, governments are formulating deforestation laws. Anyone that cuts down trees in an unlawful way will be prosecuted.
Another thing is wildlife conservation. An area of land is set aside for wildlife conservation. That is the preservation of wild animals in the government reserved forest. Dangerous animals are kept and tamed in such reserves.
Recyclable resources and products are being recycled for further use. This helps to reduce the toxicity in the soil. Instead of disposing of them, they are recycled to make new ones.
Steam and Electric Engines
Instead of diesel or petrol engines, steam and electric engines are mass productions. We won’t have to deal with carbon monoxide, which is harmful to our environment.
Steps to sustainable living
– Recycle properly
– Reduce your energy consumption
– Reduce your water usage
– Grow your food
– Avoid food wastage
– Invest in organic products
– Minimize the use of synthetic products
– Cut down the use of plastics
– Buy eco-friendly products
– Monitor your energy usage
Lastly, the tip to a sustainable lifestyle is knowing that we influence our environment by our actions. Both the living and the non-living things are affected. When there is no proper drainage system, erosion is inevitable. To have the future, we dream of; we must be careful of what we do now in our search for convenience.
Are you having problems communicating with your employees? Are you not the ideal good boss for them? Do you want to change that? Well, you will have to reflect upon yourself critically and be open to the idea of changing.
In this article, you will learn what characteristics make a good boss. Changing how you think and communicate might seem like a big challenge. However, if you read about these characteristics, you will see that they are easy to adapt and would make a massive difference in the work life of your employees!
1. A Good Boss is Honest
There cannot be trust without honesty. What kind of a relationship can you build with your boss if you lack confidence? Clear guidance and open communication make it easier to overcome obstacles and boost employee trust in their manager and the business. Since honesty and integrity go hand in hand, both should be present in a good boss. You will see that your teammates will not open up about the problems they are facing regarding their work if they do not think you’re honest with them.
It is said that the bitter truth is better than a beautiful lie, and this is the strategy you need to take with your employees to make a good boss. It would help if you conveyed the truth to show your honesty and integrity towards them.
2. A Good Boss is Motivating
An excellent boss needs to inspire teams and specific individuals to get fruitful result. Motivating all the employees is not easy, but if you’re a motivating leader, you would definitely make a good boss.
You can actively listen to potential employee interests, recognize and build upon their skills, and collaborate with them to help them discover chances for progress. You can tell them stories of success and motivate them to follow the same steps to success. You can award them with prizes for good performance and appreciate them in front of others. You will see that your motivated employees work far better than the ones who are not motivated.
3. A Good Boss is Trustworthy
Employees must have faith that their employer has their best interests in mind. Trustworthiness is what makes a good boss. Do your employees come up with their problems, ask for your help, take your advice, and act on it? Then you seem trustworthy to them, which is one characteristic of a good boss. Employers must have faith in their boss to make the best decisions they can produce, seek clarification when in doubt, and act in the company’s best interests.
4. A Good Boss is a Good Mentor
Do your employees look up to you? Do your employees try to follow your steps? Do your employees ask for your advice when in trouble? Well. If they do, then you make a good boss! Managers prefer employers who are proficient in the demands of their employment.
Rarely does a manager need to train staff on how to perform their duties; instead, they are entrusted with integrating staff members with the business and its culture. This frequently includes the procedures used in the role and other unique business procedures.
Employees are significantly more capable, more likely to ask for assistance when needed, and better able to recognize and solve faults and issues when a boss gives the coaching essential for the successful execution of their duties than if they are allowed to figure things out on their own. This is the best form of mentorship. Instead of spoon-feeding your employees, if you set them free, they become more creative and learn more.
However, they will come to you when they get stuck, and you can mentor them through their problem.
5. A Good Boss Gives Open Feedback
Feedback is vital when you’re doing a job. If your mistakes are not pointed out, you will never improve. However, some bosses cannot give open feedback for many reasons, but what makes a good boss is realizing the importance of providing feedback. We all have areas where we can improve, but many of us won’t realize this until someone else points it out.
Too frequently, we keep our mouths shut when we perceive opportunities for improvement in others out of concern for their feelings. Bosses, however, are typically in the most excellent position to notice and address these flaws. To provide their employees with the best chance to advance, it is always preferable for them to communicate this knowledge as soon as they become aware of it.
6. A Good Boss is Compassionate
When recognizing accomplishments or addressing problems, great leaders are sympathetic. A good boss knows that verbal and nonverbal cues may convey sympathy. They are aware of the emotions present around them. A good boss is compassionate when the employee needs it. They are aware that workers’ expectations stretch beyond the company’s boundaries. Every employee is aware that they play a variety of responsibilities within and without the company. They understand that each employee’s contact affects the working environment. They know that a high degree of compassion may be maintained while expecting responsibility. This balance is essential. If you can keep this balance, then you make a good boss.
You might be a good manager, but to be a good boss, you need to be more vigilant towards your employees and cater to their needs. You need to work hard on your communication skills and make yourself honest, motivating, trustworthy, a good mentor, give open feedback and be compassionate towards them when they need it.
However, if you want to make a good boss and adhere to these rules, you’ll be on the right track to developing into the boss your employees need!
Reinvent Capitalism: Today’s world is full of challenges. News reaches us daily that our economy cannot sustain the rapid growth of recent decades. Resources are running out and unemployment is rising due to a new phenomenon called a “pandemic.”
The challenge we face today is to reinvent our economic system and develop a sustainable growth model that meets the needs of all stakeholders while reducing the impact on the environment. Now is the time for voices to debate whether it is the right time to reinvent capitalism? Let us see how this question has taken up the trend and what needs to be done to reinvent it.
Definition of Reinvent Capitalism
Reinvent Capitalism has been the dominant economic system since the last century. It is defined by private ownership of the means of production and distribution, free markets for goods and services exchanged between consumers and producers, and profit maximization as the main goal of entrepreneurial activity. Capitalism started very well, but somehow it got out of hand.
The exponential growth of income and wealth inequality, socioeconomic inequality, and structural unemployment is focusing the world’s attention on the crucial question of the economic conundrum: how do we stop the poor from getting poorer and taking from the rich, and how do we ensure more competition, how do we remove trade barriers, and get our economy moving again.
Is capitalism in crisis?
What about the common future (in terms of one planet)? Just over half of the American public says they have a positive view of capitalism. In contrast, only 37 percent say the same about socialism. Americans know that it is a wonderful economic system that has helped them and their families greatly.
But they are also aware that this system has some flaws that need to be addressed. Despite this awareness, why is there a puzzling discrepancy that seems to be plunging capitalism into crisis? Let us know in detail if capitalism is really in crisis?
What has gone wrong with us?
The problem with our current system is that it is not working for everyone.
We are in a crisis. The world’s environmental and social problems are reaching a tipping point and threatening our long-term prosperity, security, and well-being as individuals and nations.
In the coming decades, the effects of climate change will exacerbate food insecurity; rising sea levels will inundate coastal cities; economic inequality will increase due to automation; aging populations will strain health care; water scarcity will make agriculture less productive; droughts could lead to cross-border conflicts over scarce resources such as oil or minerals.
The rising cost of living
As individuals, we face similar challenges: Rising costs of living mean that more and more people are struggling to afford basic needs such as food and housing, while at the same time life expectancy is increasing the demand for health services that may not be available in rural areas where populations are growing fastest (UN Population Division).
The social unrest that is flaring up
Here we are talking about the social unrest that is flaring up:
Great divide and unrest
As the rich get richer and the poor get poorer, the gap between the haves and the have-nots is growing. Nearly three-quarters of the world’s wealth is controlled by 1% of the population – and that is growing exponentially. Meanwhile, the bottom 50% control only 1% of the world’s wealth.
The way we make things have changed dramatically, but the way we distribute them has not kept pace. The impact of this phenomenon is felt in many ways, from growing disparities in quality of life to increasing pressure on governments to provide services to those whose needs are not being met. In short, poverty continues to increase despite a considerate government system. This trend is unsustainable and threatens to undermine the fabric of our societies.
Shareholders vs stakeholders
It does not take much to see where this imbalance comes from: In a capitalist system where companies exist to make profits for their investors rather than to meet the needs of people, companies naturally focus on making as much money as possible for their shareholders – at the expense of other stakeholders (including workers).
You can also check out our other related article Zero to One:
The current model of Reinvent Capitalism is unfit for purpose.
Here we are talking about the current model of Reinvent Capitalism being unfit for its purpose.
A flawed economic model
The current model of capitalism is not fit for its purpose. It is a system that has been around for a long time and is not perfect, but it is the best option we have right now. The current model is not sustainable, which means we need to reinvent it, as well as growth and development – the way we measure progress in our societies.
Failed system of government
Governments have responded by trying to fix the symptoms, but they have not addressed the root causes of these problems. They have relied on short-term solutions that have only exacerbated the symptoms and have not provided long-term solutions. This means they fail to consider long-term risks like climate change, and that can lead to disaster.
Capitalism is at a crossroads
We are still stuck in a capitalist system that does not work for everyone. People want something different – something that works for everyone, not just the rich and powerful.
The case for reinvention is clear: Business leaders have recognized that their supply chains, their workforces, and their customers are hurting.
Business leaders have recognized the need for change. They know their supply chains are hurting, their workforces are hurting, and their customers are hurting. So they are looking for new ways to do business. They are asking themselves, “How can we create value?” They are not so much concerned about maximizing profit, but maximizing value.
We cannot solve the problems we face without systemic change.
The current system has not worked for many people. It’s time for a new approach. We need to think about how we design products, services, and organizations in a very different way. We need to redesign capitalism so that it better serves people, the planet, and prosperity.
Why is current capitalism failing?
The current model of capitalism is failing. The core problem is that current capitalism extracts money from the end consumer without providing real value in return.
The capitalist model has served us well, making us rich and powerful, but at what cost? A recent study found that natural resources are being depleted at an alarming rate because of this model. This means that our natural capital is shrinking day by day, ultimately affecting everyone on the planet.
That being said, capitalism has always been about the distribution of wealth in society, but nowadays, it seems as if more and more wealth is going to fewer and fewer people. The result is that many people have little hope for their future – and even less hope for the future of their children.
Future benefits of reinventing capitalism
Capitalism has reached its limits as a system for organizing society and managing economic growth. It has failed us in many ways, but it also offers some benefits if we work together to reinvent it.
A new system will focus on creating value, not extracting it.
New capitalism would also mean that companies would make better decisions: They would be more likely to invest in products and services that meet their customers’ needs and add value.
With the new capitalism, more capital will flow into companies that create positive change in society, rather than just investing in those that are making profits now or have made profits in the past.
Our Dream Capitalism
The world is consuming too many natural resources and we are experiencing climate change for the first time in our history. The gap between rich and poor is widening, and more and more people feel let down by the system – a system that was never designed to benefit everyone equally.
We are in a systemic crisis and need to reignite growth with open and systemic innovation that is in harmony with people and the planet. What we are witnessing today is more of a revolution than a reform, even though some argue that the two are often the same. What should our new economic system look like?
Reinvent Capitalism changes the way we measure success by focusing not on increasing shareholder value, but on increasing social value. This is the goal of dream capitalism.
Characteristics of dream Reinvent Capitalism
Dream Reinvent Capitalism will prioritize people over profit. We need to build an economy that prioritizes people over profit because right now, our current model values only CEOs who increase profits at any cost – even if that cost includes human lives and environmental destruction.
Dream Reinvent Capitalism is aligned with the interests of stakeholders, not shareholders. It maximizes value for all stakeholders – workers, the environment, and our communities – rather than maximizing shareholder profits alone.
In dream Reinvent Capitalism, we strive for a new economy focused on internalizing impacts – one in which corporations are responsible for ensuring that their actions do not result in negative consequences. In short, businesses are responsible for environmental impacts.
What if we could create a system where companies have an incentive to invest in long-term projects? If we succeed with this, the rewards would be better risk management and better pricing.
Capitalism has always been about rewarding innovation, creativity, and hard work. But today, I believe we need a more inclusive form of capitalism that rewards other values as well: taking care of each other, protecting the environment, and respecting diversity and inclusion.
Frequently asked questions
Here are some important Frequently asked questions:
Are Reinvent Capitalism and the free market the same thing?
Reinvent Capitalism is a system that uses markets to allocate resources. A free market is a form of capitalism that allows transactions between individuals without government intervention. The difference between these two terms is subtle but important: capitalism describes a system, while the free market describes a subset of that system.
What do you mean by Reinvent Capitalism?
To Reinvent Capitalism, we also need to rethink economics – our conception of what economic growth means and looks like; how it is measured; who benefits from it; how it contributes to the overall well-being of society; whether it leads to greater inequality between rich and poor (and what can be done about it); whether environmental sustainability is considered at every stage of production, consumption, and disposal, etc.
Can Reinvent Capitalism contribute to economic growth?
The problem with capitalism is that it requires growth – but it does not always sustainably generate that growth. Growth is possible when more goods and services are produced, and capitalism can help us increase our GDP.
Why is there unrest among the masses with the current economic system?
Reinvent Capitalism used to be seen as an essential engine of growth – a system that made our world great. Now it has become a system that produces enormous amounts of wealth for a small number of people while leaving tens of millions behind. The incredible inequality, lower value-added, and looming climatic conditions are some of the factors causing unrest among the masses.
How can capitalism save us from the downturns of the future?
We need a new way of thinking about how to develop the economy in a way that benefits everyone: Workers, consumers, communities, and nature. We can not continue as we have, where middle incomes have stagnated for decades and inequality is skyrocketing. Our economy is not growing because it does not have the means to grow. We need other sustainable and fair models that are not based on endless consumption and endless growth.
Things are changing fast and perhaps we need to reinvent capitalism to keep up with these changes. To reinvent capitalism as we know it today, we need to take a new approach that focuses on value creation and sustainability for businesses.
We need to think differently about growth, not as a measure of GDP alone, but as an index that measures how well our economy serves us all through its contribution to human progress – in terms of health, education, gender equality, social mobility, and environmental sustainability.
There are many leadership styles that a leader can implement to be successful in their role. Adopting a leadership style is best for getting the best out of your followers. One of the best leadership styles is situational leadership. When choosing a leadership style, there would be pros and cons and that is part of what we would be discussing in this article. We will also talk about how to implement situational leadership.
What is Situational Leadership?
Situational leadership is a leadership style in which a leader adapts their style of leading to suit their current work environment or the needs of their team. This style is not dependent on the skill or the expertise of the leader. It depends on the ability of the leader to adjust to suit the current work environment or the needs of the team. Situational leadership is also called the “Situational Leadership Theory” or the “Situational Leadership Model”.
In situational leadership, leaders are expected to match their behaviors with the performance needs of their team. The situational leadership model is based on the relationship between the followers and their leaders. It provides a system to analyze each situation based on the readiness or performance level of a follower after a specific task. The leader can then use the analysis to communicate support to the followers to support their needs and increase development.
Situational leadership is a leadership style that constantly changes and evolves to meet different needs. It looks into situations from a unique perspective rather than sticking to a single method of leading.
The Goleman Theory of Situational Leadership
Daniel Goleman who is the author of “Emotional intelligence” picked out six styles within situational leadership. They are:
Coaching Leaders – work on their follower’s development
Pacesetting Leaders – set a high expectation for their followers
Democratic Leaders – allows followers to vote in almost all decisions to be made
Affiliative Leaders – puts their followers first
Authoritative Leaders – allows followers to help figure out a problem and the solution
Coercive Leaders – tell their followers what to do
The Origin of Situational Leadership
Situational leadership was first mentioned in the book “Management of Organizational Behavior” written by Paul Hersey and Ken Blanchard in 1969. It was initially called the “Life Cycle Theory of Leadership”, renaming it “situational leadership theory” some years later. They agreed that no singular leadership style is t is appropriate for every situation. They also established that the leader’s and his subordinates’ attributes and actions contribute to determining the best leadership style for a situation.
Examples and Scenarios of Situational Leadership
There are many real-life experiences in which situational leadership is best adopted. One of the notable examples is in the games of sports, where teams frequently experience changes due to outgoings and incomings of team members. The strength and weaknesses of sports teams are constantly changing, and they must operate with what they have. Therefore, coaches adopt a strategy that works per time. When their best player leaves, they find a means to keep being the best when that individual is gone. Moreover, humans are not robots. It is hard to keep a high form forever. So, coaches and team managers look to another performing player for delivery.
Another example can be seen in wars and military strategy. In periods of war, there will be changes in strategy regarding how to attack and defend themselves from enemies. The unexpected might happen, but they can easily change course to minimize losses.
Situational leadership might also be seen in our daily activities. In parenting, you can see parents adjusting their leadership style as their children grow and develop. They assign responsibilities to older children and still nurture the younger ones.
What do situational leaders do?
Some teams or organizations need a high level of direction to be productive. Situational leaders are very effective in giving directions and providing constant supervision.
Situational leaders constantly adjust their leadership styles to suit their current work environment. This aids flexibility and can easily adapt to situations.
Regular coaching and mentoring
Situational leaders can offer regular mentoring and coaching. They encourage growth and independence to get the best out of their followers.
Participation is one of the main goals of situational leaders. Building men up to the standard where they can contribute and participate to get tasks done.
A successful situational leader can delegate tasks and roles to his followers who are capable of doing them. He must have nurtured them up to maturity and can independently deliver.
Leadership styles of Situational Leadership
There are four types of leadership styles within situational leadership. These styles are identified based on the development and maturity levels of the leaders and their subordinates or followers.
1. Telling or Directing
Telling is the lowest level of this leadership style. In this leadership style, the leader exercises authority and decides for the rest of the team. As the name implies, “tell,” he tells the rest of the team what to do. New and some old employees require direct instructions. Oftentimes, this method is used in emergencies or situations that need prompt and immediate action. The followers are characterized by low competence but high commitment. The leader focuses on tasks rather than a relationship with the employee.
When the employee cannot do the job, the leader often offers guidance and regular follow-up. In this case, the leader must be persistent, encouraging, and motivational.
2. Coaching or Selling
The leaders in this style have certain expectations, roles, and strategies in mind, and they attempt to encourage others to get on board. It addresses the follower who has developed expertise to an extent with an improved commitment. Not that they are convinced yet, but the followers are ready to be cooperative and open-minded. The leader focuses on tasks while building a personal relationship with the follower. Followers at the stage are being coached and mentored by their leaders. They spend time listening, offering advice and training, etc. Here, they remain open to the ideas of the rest of the team.
The goal is to allow the followers to develop to the next level. There is less telling (instructions) but more suggesting.
3. Participating or Sharing
This leadership style involves others in the decision-making process in a big way. In most cases, the subordinates have a higher chance of determining the outcome of deliberation. The followers have now built their competence to an expert level but remain somehow inconsistent. This leadership style comes into play when a follower is underperforming or uncooperative. The leader does not need to give detailed instructions or follow up but develop a relationship with the follower or team.
A follower might still not be convinced about what he can do. The leader will continue to work with the person to gain total capacity.
Delegating involves team members acting based on the directives from the leader. The leader might not be closely involved in how the subordinates approach the tasks he has given them. Occasionally, subordinates can be involved in making some decisions while taking on the tasks. Delegating is the ultimate goal, that is when a follower is fully empowered and can take up roles with no or minimal supervision.
The leader can easily delegate tasks to the followers and expect an acceptable or an excellent result.
Reasons why situational leadership is most effective
- It is easy to adapt depending on the scenario
- It is highly flexible
- It can take care of many different working styles and personalities
- It encourages creativity
- It carries others along and opens leaders to different ideas
- It encourages transparency
- It gives room for coaching and nurturing
- Leaders can easily help their team members achieve their goals
- It helps leaders to have control over the outcomes of their decisions
- It fosters relationship building
Disadvantages of situational leadership
- Leaders’ and subordinates’ expectations might be unclear
- Puts the leader under pressure to adapt
- There is no background or technical know-how a leader can follow
- It is not strict and task-driven
- It is only good for flexible situations
- It does not work for organizations with long-term goals
- The leader becomes confused in a more complex situation
Frequently Ask Question
Question: What are the living examples of situational leadership
Answer: Situational leadership can be found in the military, organizations, sports teams, etc.
Question: Can situational leadership be adopted for the long term?
Answer: No, situational leadership only works in the short term.
Question: What are the steps involved in situational leadership?
Answer: Telling, Selling, Participating, and Delegating.
Finally, situational leaders must be able to diagnose their team’s performance and adopt the best strategy that fits it.
Are you struggling with introducing sustainable change in your organization? Well, you have come to the right place. In this article, we will learn how to remove barriers to sustainable behavior change: no motivation, lack of knowledge, and organizational culture that does not support sustainability.
1. Motivation to Save the Environment
One of the barriers to sustainable behavior change is the lack of motivation of employees working for an organization that wants to become eco-friendly. Imagine how hard it would be for an organization to adopt a sustainable behavior change when the employees do not believe in saving the environment.
This absence of contribution in the overall energy and enthusiasm for your work and work environment presents an inconceivable challenge to associations. Hence, organizations must eliminate this barrier to sustainable behavior change before anything else. Because for a big difference, the employees must play a part in adopting it, as they are the most significant stakeholders of any company!
Leaders’ fruitful at drawing in their employees comprehend the need to layout a culture that promotes sustainable behavior, which is expected to motivate the staff. This should be the vital objective for any association hoping to encourage their employees’ commitment toward sustainability behavior change.
Instructions on how to remove barriers to Sustainable Behavior Change
Here are some instructions to stir up some inspiration in the work environment on how to remove the barriers to sustainability behavior change:
You can inspire motivation in the workplace to remove barriers to sustainability behavior change by focusing on commitment and being an example yourself.
You can’t anticipate that employees should become sustainability drivers just from hearing a few realities about ‘saving the world’ and ‘circular economy. Instead, you need to give them an initiative and a vision of the organization’s future.
Spark the flash of interest by giving them growth opportunities to motivate them by offering them incentives when they achieve some milestones or objectives. This way, you’ll see that they will get inspired to follow your lead, and your barrier to sustainability behavior change will be removed!
2. Organizational Culture that Supports Sustainability
Another barrier to sustainability is the culture that does not address the problem of keeping the environment secure. Even if the company’s mission is sustainability, if the employees working in that company do not take sustainability seriously, there is no point in preaching it. However, this part of the article will explain how to remove barriers to sustainable behavior change that include the organizational culture.
Changing organizations entirely by doing jobs like sustainability directors could be successful only when a total change in business culture and administrative needs is required. Many companies have attempted to insert social change and obligation at all degrees of decision-making and have added their sustainable reasoning. However, a sustainable approach works best when essential for the business’ introductory course. That means everyone who works in the company has the same “sustainable approach.”
Instructions on how to remove barriers to Sustainable Behavior Change
You can fight the absence of knowledge, motivation, and experience regarding sustainability that your workforce might be portrayed. By utilizing the tips above, you can start to overcome these common boundaries to carry out sustainable practices.
As more companies try to show employees sustainability, there will be no shortage of resources to provide help along the way. First, however, it’s essential that choosing the right approach is fundamental, assuming you genuinely want to learn how to remove barriers to sustainable behavior change. Look for employee-driven by their priorities to work for sustainability commitment, decisive reasoning, and collaboration.
3. Lack of Knowledge
Regardless of the developing public interest in sustainability, there are still misinterpretations and gaps in knowledge that exist and need to be addressed by organizations.
This has prompted a new expansion in related instructive assets. Look for “sustainability,” and you’ll find many different contributions worldwide. A significant number of these assets explicitly target showing workers the SDGs.
Both the requirement for understanding these ideas and the trouble of achieving this dominance have been recognized as difficulties. Why? Well, simply because of lack of knowledge. In any case, laying out a culture of sustainability requires more than doling out another preparation representative won’t see as significant or recollect.
Assuming the objective is to establish a learning climate at work, organizations should move past essential coursework. In the next section of this article, we will learn how to remove barriers to sustainable behavior change that involves a lack of knowledge in organizations.
Instructions on how to remove barriers to Sustainable Behavior Change
First of all, understand the people you are dealing with if you want to learn how to remove barriers to sustainable behavior change. Even before you handle the lack of knowledge or confusion among the employees, you should initially realize the misconceptions and to what extent their knowledge is lacking.
You can do this by gathering data on what your labor force knows or doesn’t know. It is likewise pivotal to figure out where their inclinations lie. What do your representatives need to find out about sustainability, why, and what might the organization do? Once you’ve done your research and collected the data you will need, it will become easier for you to learn how to remove barriers to sustainable behavior change.
Previously, you learned how to remove barriers to sustainable behavior change in organizations in this article. The absence of knowledge, motivation and an organizational culture that does not support sustainability were the barriers we discussed. and experienced concerning sustainability that your labor force might be described by. By utilizing the tips above, you can learn how to remove the obstacles to sustainable behavior change.
If you cannot remove these barriers efficiently, you can always hire sustainability experts to help your organization become sustainable. Yet, it’s vital that choosing the right plan is fundamental for your organization to become sustainable. Always remember that your employees are the main stakeholders in the company. Once they learn to be sustainable, your organization will automatically become sustainable.