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height: 1px; line-height: 1px;"> <div><img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/1101116784221/S.gif" style="display: block; height: 1px; width: 5px;"></div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div style="text-align: center;" align="center"><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Conversations with Asia&#x2019;s leading movers, shakers, thinkers, and provocateurs</span></div></div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-divider"> <table class="editor-divider" width="100%" cellpadding="0" cellspacing="0" border="0" style="min-width: 100%;"> <tbody> <tr> <td class="" align="center" valign="top"> <table width="100%" class="galileo-ap-content-editor" style="cursor: default; min-width: 100%;"> <tbody> <tr> <td class="divider-base divider-solid" width="100%" align="center" valign="top" style="padding: 9px 0px;"> <table cellpadding="0" cellspacing="0" border="0" align="center" style="width: 100%; min-width: 100%; height: 1px;"> <tbody> <tr> <td height="1" align="center" style="background-color: rgb(207, 143, 18); padding-bottom: 0px; border-bottom-style: none; height: 1px; line-height: 1px;" bgcolor="CF8F12"> <div><img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/1101116784221/S.gif" style="display: block; height: 1px; width: 5px;"></div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class="feature-margin" align="left" valign="top" style="background-color: #FFFFFF; padding: 0px 20px;" bgcolor="#FFFFFF"> <table width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="feature editor-col OneColumnMobile" width="100%" align="left" valign="top" style="background-color: rgb(255, 255, 255);" bgcolor="FFFFFF"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text feature-heading-text" align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 18px; color: #000000; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; font-weight: bold; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div style="text-align: center;" align="center"><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;">In conversation with</span></div> <div style="text-align: center;" align="center"><span style="font-size: 20px; font-family: Calibri, Helvetica, Arial, sans-serif;">Andrew Hewitt</span></div> <div style="text-align: center;" align="center"><span style="font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;">A Case for Conscious Capitalism</span></div> <div style="text-align: center;" align="center"><br></div> <div style="text-align: center;" align="center"> <span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;">Click </span><a href="http://www.insideasiapodcast.com/conscious-capitalism/" target="_blank" style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; color: rgb(207, 143, 18); font-weight: normal; font-style: normal; text-decoration: underline;">here</a><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;"> to listen to the full </span><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Inside Asia</span><span style="font-size: 16px; font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal;"> episode</span> </div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-divider"> <table class="editor-divider" width="100%" cellpadding="0" cellspacing="0" border="0" style="min-width: 100%;"> <tbody> <tr> <td class="" align="center" valign="top"> <table width="100%" class="galileo-ap-content-editor" style="cursor: default; min-width: 100%;"> <tbody> <tr> <td class="divider-base divider-solid" width="100%" align="center" valign="top" style="padding: 9px 0px;"> <table cellpadding="0" cellspacing="0" border="0" align="center" style="width: 100%; min-width: 100%; height: 1px;"> <tbody> <tr> <td height="1" align="center" style="background-color: rgb(207, 143, 18); padding-bottom: 0px; border-bottom-style: none; height: 1px; line-height: 1px;" bgcolor="CF8F12"> <div><img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/1101116784221/S.gif" style="display: block; height: 1px; width: 5px;"></div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div><table class="editor-image OneColumnMobile" style="mso-table-rspace: 5.75pt;" align="left" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="image-cell " align="center" valign="top" style="padding: 0px;"> <div class="publish-container"> <a href="http://www.insideasiapodcast.com/conscious-capitalism/" style="color: #597274; font-weight: normal; font-style: normal; text-decoration: underline;"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="260" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/0012fbc0-37cd-4722-9711-f1696cbf2161.jpg"> </a> </div> </td> <td class="mobile-hidden" width="15" height="1" align="center" valign="top" style="height: 1px; line-height: 1px; padding: 0px;"> <img alt="" width="15" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> </tr> <tr> <td class="mobile-hidden" height="5" align="center" valign="top" style="height: 5px; line-height: 1px; padding: 0px;"> <img alt="" width="1" height="5" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> <td class="mobile-hidden" width="5" height="5" align="center" valign="top" style="height: 1px; line-height: 1px; padding: 0px;"> <img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> </tr> </tbody> </table></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">In these times of Covid-19 panic and the search for resiliency, the debate over Capitalism&#x2019;s need for reform is more prescient than ever. The world can blame China and the Wuhan outbreak, or it can face the difficult truth: We didn&#x2019;t get here by accident. This global pandemic is a crises of our own making, and everyone &#x2013; all 7.6 billion of us &#x2013; had a hand in it.&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">How We Got Here</span></div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Years of rampant consumerism, resource degradation, breakneck urbanization, and declining attention to personal health and well-being have conspired. The short-term benefits are palatable. Indeed, more people in the world today live&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">out</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;of poverty, than&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">in</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;it. That&#x2019;s a great accomplishment, but it has come at a cost. While material welfare has improved, other aspects of living have diminished.&#xa0;</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">In effect, the past 40 years have been a protracted game of&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Jenga</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, where one layer of foundation after the next has been pulled out from beneath us, leaving the world wobbly and prone to collapse.&#xa0;</span> </div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div><table class="editor-image OneColumnMobile" style="mso-table-rspace: 5.75pt;" align="right" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="mobile-hidden" width="15" height="1" align="center" valign="top" style="height: 1px; line-height: 1px; padding: 0px;"> <img alt="" width="15" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> <td class="image-cell " align="center" valign="top" style="padding: 0px;"> <div class="publish-container"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="286" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/0dc0b6e1-946f-4caa-9bcc-7b96d3bc14ec.jpg"> </div> </td> </tr> <tr> <td class="mobile-hidden" width="5" height="5" align="center" valign="top" style="height: 1px; line-height: 1px; padding: 0px;"> <img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> <td class="mobile-hidden" height="5" align="center" valign="top" style="height: 5px; line-height: 1px; padding: 0px;"> <img alt="" width="1" height="5" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif" style="display: block; height: auto; max-width: 100%;"> </td> </tr> </tbody> </table></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Make no mistake, the Covid-19 crises is symptomatic of other weaknesses now lurking in the body global. How we respond as a global community to this emergency will speak to our ability to address other challenges coming down the pipeline. Those might include &#x2013; but certainly are not limited to - climate change, income disparity, political authoritarianism, and disease.&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">What We Can Do About It</span></div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">If that feels like a big lead-in to the subject of&#xa0;</span><a href="http://www.insideasiapodcast.com/conscious-capitalism/" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">this week&#x2019;s episode</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;of&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Inside Asia</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, that&#x2019;s because the stakes have never been higher.&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">Who</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;or&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">what</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;will lead us out of this crises is cause for concern. Many would argue that corporations can and should play a central role. In order for that to happen, reform may prove a prerequisite.&#xa0;</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">With me to discuss the subject is&#xa0;</span><a href="https://www.linkedin.com/in/andrewdhewitt/" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">Andrew Hewitt</a><span style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif;">,</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;"> Founder of&#xa0;</span><a href="http://gamechangers.co/" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">GameChangers</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, an organization bent on identifying and ranking global organizations looking to make a difference. Andrew and his GameChanger colleagues have come to believe, &#x201c;that the profit-at-all-cost model just isn&#x2019;t working.&#x201d; </span> </div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">The world is coming to realize that the Earth is resource limited. The party is dwindling, and if, as a race, we hope to survive and thrive, change is essential. Essential, indeed. But unfortunately, not inevitable. For that, we need to do some heavy lifting. Some say only the private sector with its vast resources, top talent and eye on innovation can lead that change.&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">So it is, that within our current free-market system, the question arises: Can profit and purpose co-exist? Apparently so. Fortunately for us, Andrew is not alone in this venture. Legions of forward-thinkers are emerging to demonstrate that profit need not be sacrificed in the interest of greater good.&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">A Leading Role for Corporations</span></div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">If that sounds like malarkey, consider this: According to&#xa0;</span><a href="https://www.linkedin.com/in/rajendrasisodia/" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">Raj Sisodia</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, David Wolfe and Jagdish Seth, authors of the groundbreaking book,&#xa0;</span><a href="https://www.firmsofendearment.com/" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic; font-weight: normal; text-decoration: underline;">Firms of Endearment</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">, the past 15 years have shown that organizations that achieve higher purpose outperformed Fortune 500 firms 14-to-1 and Good to Great companies by 6-to-1. That should be reason enough for any company to make the change.</span> </div> </div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-image"> <table class="editor-image editor-image editor-image-vspace-on" style="min-width: 100%;" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td align="center" valign="top" style="padding-top: 10px; padding-bottom: 10px;"> <div class="publish-container"> <img alt="" class="" style="display: block; height: auto !important; max-width: 100% !important;" width="588" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/6310f878-17a1-44f1-ae0d-c92fda549902.png"> </div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">But what does this kind of change look like? According to the book&#x2019;s authors, it requires companies to &#x2013; and I quote &#x2013; &#x201c;strive through their words and deeds to endear themselves to&#xa0;</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">all</span><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;their primary stakeholder groups &#x2014; customers, employees, partners, communities and shareholders &#x2014; by aligning the interests in such a way that no single stakeholder group gains at the expense of other groups.&#x201d; End quote.</span> </div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">So take that Milton Friedman, and your&#xa0;</span><a href="https://en.wikipedia.org/wiki/Friedman_doctrine" target="_blank" style="font-size: 16px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;">doctrine</a><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">&#xa0;too.&#xa0;</span> </div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">This all begs the question: If companies can do good and profit too, why don&#x2019;t more follow in this path? As you heard from my conversation with Andrew, the answers are both mixed and unclear.&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">In some instances, it&#x2019;s simply a matter of intransigence. &#x201c;If it ain&#x2019;t broke, don&#x2019;t fix it.&#x201d; In other cases, it&#x2019;s fear. Ask any senior executive, instigating change carries risk. There are vested interests to consider, operational disruption, moments of uncertainty, etc. In other words, if something goes wrong, someone gets fired.&#xa0;</span></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">Borrowing a Page from the Era of Digital Transformation</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">So here&#x2019;s the question: Could the purpose-driven business model be to the next decade what digital transformation was to the last?&#xa0;</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">We saw the ripping and tearing of the traditional corporate fabric as company&#x2019;s raced to place businesses online, shift to digital media, and flatten reporting lines. Hierarchical companies were brought to their knees while born-in-the-Web businesses like Amazon invented new ways of cutting costs and delivering results. To survive, brick and mortar had to morph.</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">The purpose-driven agenda is more nuanced. It relies on the good intentions of corporations and their preparedness to make changes that serve the interests of a broader base of stake-holders. What&#x2019;s missing this time around is the same burning mission for companies to transform or die. In this instance, it&#x2019;s the environment, communities and society at large that&#x2019;s at risk. Profits. Well, that&#x2019;s still possible by sticking to the old paradigm &#x2013; at least for a while.</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: bold;">An Opportunity for Asia?</span></div> <div><br></div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">In the weeks and months ahead, you&#x2019;ll be hearing more from us on this subject. As I point out in my conversation with Andrew, Asia&#x2019;s unique positioning and the role of the family-run enterprise offers hope. Whether Asia can once again leapfrog Western nations in pursuit of purpose-driven agendas is yet to be seen.</span></div> <div><br></div> <div> <span style="font-size: 16px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">What&#x2019;s your take on the subject? 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min-width: 94%; height: 1px;"> <tbody> <tr> <td height="1" align="center" style="background-color: rgb(207, 143, 18); padding-bottom: 0px; border-bottom-style: none; height: 1px; line-height: 1px;" bgcolor="CF8F12"> <div><img alt="" width="5" height="1" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/1101116784221/S.gif" style="display: block; height: 1px; width: 5px;"></div> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div> <span style="font-size: 14px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Book</span><span style="font-size: 14px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">: </span><a href="https://www.goodreads.com/book/show/52354.Firms_of_Endearment?from_search=true&from_srp=true&qid=XPX6jTrnDo&rank=1" target="_blank" style="color: rgb(54, 97, 189); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: normal; text-decoration: underline;">Firms of Endearment</a><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">&#xa0;by Rajendra S. Sisodia, David B. Wolfe and Jagdish N. Sheth; Wharton School Publishing, 2007, 284pp</span> </div> <div><br></div> <div> <a href="https://www.goodreads.com/book/show/52354.Firms_of_Endearment?from_search=true&from_srp=true&qid=XPX6jTrnDo&rank=1" target="_blank" style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; text-decoration: none; font-style: italic; font-weight: normal;">R</a><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-style: italic;">eferenced in the above newsletter and a landmark book in setting out the key principles of what it means to be a purpose-driven organization</span> </div> <div><br></div> <div> <span style="font-size: 14px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Book</span><span style="font-size: 14px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">: </span><a href="https://www.goodreads.com/book/show/39643946-prosperity?from_search=true&from_srp=true&qid=jRI0IHXUcC&rank=1" target="_blank" style="color: rgb(54, 97, 189); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: normal; text-decoration: underline;">Prosperity: Better Business Makes the Greater</a><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">&#xa0;Good by Colin Mayer, Oxford University Press, January 2019, 288pp</span> </div> <div><br></div> <div><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-style: italic;">From the Godfather of the Corporate&#xa0;Purpose-driven movement,&#xa0;Prosperity"&#xa0;challenges the fundamentals of business thinking. It also sets out a positive new agenda, demonstrating that the corporation is in a unique and powerful position to promote economic and social wellbeing in its fullest sense, for customers, for future generations, as well as for shareholders.&#x201d;</span></div> <div><br></div> <div> <span style="font-size: 14px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">White Paper</span><span style="font-size: 14px; color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif;">: </span><span style="font-size: 14px; color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif;">&#x201c;</span><a href="https://www.weforum.org/whitepapers/toward-common-metrics-and-consistent-reporting-of-sustainable-value-creation" target="_blank" style="color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: normal; font-style: normal; text-decoration: underline;">"Toward Common Metrics and Consistent Reporting of Sustainable Value Creation,&#x201d;</a><a href="https://www.weforum.org/whitepapers/toward-common-metrics-and-consistent-reporting-of-sustainable-value-creation" target="_blank" style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: normal; font-style: normal; text-decoration: underline;">&#xa0;</a><span style="color: rgb(0, 0, 0); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">World Economic Forum International Business Council</span><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">, January 22, 2020</span> </div> <div><br></div> <div><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-style: italic;">Reflecting the them of this year&#x2019;s World Economic Forum gathering in Davos, the report is the combined&#xa0;effort of the Big Four&#xa0;accounting firms -&#xa0;Deloitte, EY, KPMG and PwC. It is an initial attempt to create a common set of core metrics&#xa0;that might be included in mainstream annual reports.&#xa0;</span></div> <div><br></div> <div> <span style="color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">Article:</span><span style="font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;"> </span><a href="https://www.inverse.com/culture/life-after-covid-19" target="_blank" style="color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: normal; font-style: normal; text-decoration: underline;">&#x201c;What Will the World Be Like After Coronavirus,&#x201d;</a><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">&#xa0;by Simon Mair,&#xa0;</span><span style="color: rgb(0, 0, 0); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">Inverse</span><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">, April 6, 2020</span> </div> <div><br></div> <div><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-style: italic;">Crystalball-gazing is no easy task. But in this article, Mair, a Research Fellow in Ecological Economics at&#xa0;the&#xa0;University of Surrey Centre for the Understanding of Sustainable Prosperity, applies tough-minded economic principles&#xa0;in order to forecast one of four possible scenarios.</span></div> <div><br></div> <div> <span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: bold;">Podcast</span><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">: </span><a href="https://podcasts.apple.com/us/podcast/leadership-next/id1501891506" target="_blank" style="color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-weight: normal; font-style: normal; text-decoration: underline;">&#x201c;Microsoft&#x2019;s Satya Nadella on How to Save Capitalism</a><span style="color: rgb(54, 97, 189); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">,</span><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">&#xa0;</span><span style="color: rgb(0, 0, 0); font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">Leadership Next podcast&#xa0;</span><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px;">with Alan Murray. March 2020.</span> </div> <div><br></div> <div><span style="color: rgb(0, 0, 0); font-family: Calibri, Helvetica, Arial, sans-serif; font-size: 14px; font-style: italic;">Alan Murray is a 40-year veteran of business journalism. 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font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Elisa Mallis:</span></div> <div><span style="color: rgb(0, 0, 0); font-weight: bold; font-style: italic; font-family: Calibri, Helvetica, Arial, sans-serif;">Building a Better Boardroom</span></div> <div> <span style="font-size: 12px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">|</span><a href="http://www.insideasiapodcast.com/richard-vevers-chasing-coral/" target="_blank" style="font-size: 12px; color: rgb(54, 54, 54); font-family: Calibri, Helvetica, Arial, sans-serif; font-weight: normal; font-style: normal; text-decoration: underline;"> </a><span style="font-size: 12px; font-family: Calibri, Helvetica, Arial, sans-serif;">January 31, 2020</span><span style="font-size: 12px; font-family: Calibri, Helvetica, Arial, sans-serif; color: rgb(102, 102, 102);">&#xa0;|&#xa0;</span> </div> </div></div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text feature-text" align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 16px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 14px; color: rgb(102, 102, 102);">In this episode, I&#x2019;m in conversation with Elisa Mallis, Vice President and Managing Director at the Center for Creative Leadership. She&#x2019;s talking about Corporate Boards in Asia and how the time has come to re-evaluate the role of the Board member in order to establish a new kind of leadership culture. For decades, CCL has researched global leadership trends then tailored programs to equip executives in the art of change and adaptation. CCL has recently completed a year-long study covering six key markets spanning South and Southeast Asia. The results suggest that Asia&#x2019;s Boards are way behind where they need to be in order to lead through complex times.</span></div></div></div> </td> </tr> </tbody> </table> </div> </td> <td class="mobile-hidden layout-container" width="5" style="height: 10px; line-height: 1px; background-color: #FFFFFF; padding: 0;" align="center" valign="top" bgcolor="#FFFFFF"><img style="display: block; width: 5px; height: 10px;" alt="" width="5" height="10" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"></td> <td class="mobile-hidden layout-container" width="5" style="height: 5px; line-height: 1px; background-color: #FFFFFF; padding: 0;" align="center" valign="top" bgcolor="#FFFFFF"><img style="display: block; width: 5px; height: 5px;" alt="" width="5" height="5" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"></td> <td class="split feature editor-col OneColumnMobile" width="50%" align="left" valign="top" style="background-color: #F4F4F4;" bgcolor="#F4F4F4"> <div class="gl-contains-image"> <table class="editor-image content-image" style="min-width: 100%;" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td align="center" valign="top" style="padding-top: 0px; padding-bottom: 0px;"> <div class="publish-container"> <a href="http://www.insideasiapodcast.com/angry-clean-energy-guy/"> <img alt="" class="" style="display: block; height: auto; max-width: 100%;" width="285" border="0" hspace="0" vspace="0" src="https://files.constantcontact.com/41ca3c44701/ba1998af-c3c8-49bd-9526-2f852f3a40d7.jpg"> </a> </div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div style="text-align: center;" align="center"><span style="font-size: 12px;">Click photo to link and listen</span></div></div></div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text " align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 14px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div> <div><span style="font-size: 16px; color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif;">Assaad Razzouk:</span></div> <div><span style="color: rgb(0, 0, 0); font-weight: bold; font-family: Calibri, Helvetica, Arial, sans-serif; font-style: italic;">The Angry Clean Energy Guy</span></div> <div><span style="font-size: 12px; color: rgb(102, 102, 102); font-family: Calibri, Helvetica, Arial, sans-serif;">| May 24, 2019&#xa0;|</span></div> </div></div> </td> </tr> </tbody> </table> </div> <div class="gl-contains-text"> <table width="100%" style="min-width: 100%;" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="editor-text feature-text" align="left" valign="top" style="font-family: Tahoma,Geneva,sans-serif; font-size: 16px; color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div><span style="font-size: 14px; color: rgb(102, 102, 102);">Take a quick poll among your friends and associates on what they consider to be one of the greatest challenges of our day, and increasingly, liberals and conservatives alike will say climate change. The subject has had its share of detractors and political nay-sayers, but with the passage of time, evidence mounts that humans &#x2013; not Mother Nature &#x2013; are the undeniable chief culprits of this pending disaster. My guest in this episode is Assaad Razzouk. He&#x2019;s Group Chief Executive and Co-Founder of Sindicatum Sustainable Resources, a Singapore-based clean energy investment group that buys, owns and operates projects throughout India and Southeast Asia.</span></div></div></div> </td> </tr> </tbody> </table> </div> </td> <td class="mobile-hidden layout-container" width="5" style="height: 10px; line-height: 1px; background-color: #FFFFFF; padding: 0;" align="center" valign="top" bgcolor="#FFFFFF"><img style="display: block; width: 5px; height: 10px;" alt="" width="5" height="10" border="0" hspace="0" vspace="0" src="https://imgssl.constantcontact.com/letters/images/sys/S.gif"></td> </tr> </tbody> </table> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-button"> <table class="editor-button" width="100%" cellpadding="0" cellspacing="0" border="0" style="width: 100%; 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color: #6F6E6E; text-align: left; display: block; word-wrap: break-word; line-height: 1.2; padding: 10px 20px;"> <div></div> <div class="text-container galileo-ap-content-editor"><div><div>If podcasting isn't your thing, or you're just too busy to take 30 minutes to listen, check out my articles <a href="https://www.linkedin.com/in/steve-stine-6124084/detail/recent-activity/posts/" target="_blank" data-segment-action="add" data-segment-id="7527c640-69b8-11e8-ad61-d4ae529a8575" style="color: #597274; font-weight: normal; font-style: normal; text-decoration: underline;">here</a> on Linked-in where I set out to summarize each week&#x2019;s conversation. We touch on a wide range of topics from healthcare to finance, politics to cleantech. I hope you&#x2019;ll join us.</div></div></div> </td> </tr> </tbody> </table> </div> </td> </tr> </tbody> </table> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-layout-editor" style="min-width: 100%;"> <tbody> <tr> <td class=" editor-col OneColumnMobile" width="100%" align="" valign="top"> <div class="gl-contains-web"> <table class="editor-web" width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="" align="center" valign="top"> <table width="100%" cellpadding="0" cellspacing="0" border="0" class="galileo-ap-content-editor"> <tbody> <tr> <td class="block-margin web-content" width="100%" align="left" valign="top" style="padding: 10px 20px;"> <table width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="web-content-border" align="left" valign="top" style="background-color: #F4F4F4; padding: 1px;" bgcolor="#F4F4F4"> <table width="100%" cellpadding="0" cellspacing="0" border="0"> <tbody> <tr> <td class="web-content-inner" width="100%" align="left" valign="top" style="background-color: #FFFFFF; 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