Monday, August 31, 2009

Social Forecasting and Megatrends

By Liz Thompson

As one of the world's leading social forecasters, Patricia Aburdene tracks how social change impacts business. She's been working with organizations and individuals for 25 years to make the most of social transformation.

The co-author of the bestselling book Megatrends 2000, Patricia has a new book out, a blueprint of the social and spiritual forces transforming the free-enterprise economy. This book, entitled Megatrends 2010: The Rise of Conscious Capitalism, reviews seven new trends that will change how we work, invest, and even live.

Patricia has a simple definition for the term 'conscious capitalism': a view of business in which all players are invested in restoring transcendent human values, including ethics and accountability, to heal capitalism's greed and excess. A megatrend in its own right, conscious capitalism has become a movement with individuals organizing to restore accountability, ethics and soul into business.

In Patricia's newest book there is a chapter titled "Leading from the Middle." When we think of authority in business, we often think of the power of CEOs and company presidents. However, she reminds us of a kind of authority that is more spiritually based.

According to Patricia, this can be called 'moral authority', and in business it has as much value as traditional types of authority. How does one lead from the middle? A very important way is to live and breathe your gifts when you're at work. The influence you can wield this way is powerful, and that makes this a recognized style of leadership.

Consumers have a tremendous amount of power over the companies we dislike. We can take our values with us when we go shopping. As consumers, are we using our vote at the cash registers by choosing products that mirror our values and rejecting those that don't?

Patricia calls those who want to invest in a socially responsible way values-driven investors. While earning a return is important, they won't do it at the expense of their values. The United States has seen the growth of this movement since the '70s.

At present still a minority culture, Patricia believes that in the next five years conscious capitalism will be mainstream. As we learn the power of prosperity on our spiritual paths and extend this into the marketplace, we'll be aligning our values with our products and investments.

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