Compassionate Capitalism with Blaine Bartlett
Dr. Nathan Regier is joined today by Blaine Bartlett, president and CEO of Avatar Resources Inc., a company whose mission is to provide resources and services that foster compassionate capitalism. Blaine’s work is founded on the thesis that business, as the most pervasive force on the planet, is charged with taking responsibility for the well-being of the whole. His life work is dedicated to ensuring that business leaders develop the skills, competency, and capacity to lead such an undertaking as it is key to thriving teams and organizations and a thriving planet. Blaine is the author of several books, including the international bestseller, Compassionate Capitalism: A Journey to the Soul of Business. Key Takeaways: [2:40] What are Blaine's motivations for his passion for the concept called Compassionate Capitalism? [7:15] Blaine talks about the principles of nature that inspired Compassionate Capitalism. [10:42] Blaine compares compassionate versus conscientious capitalism. [15:40] What are the limits of what rational self-interest can do? [18:28] Blaine shares his definition of compassion. [22:04] Blaine shares an example of how we tend to believe that our emotional states are predicated on something external happening. [24:08] Blaine explains what leaders can do to fight the tendency towards rational self-interest. [28:44] Blaine shares examples of leaders and organizations. [32:35] Blaine shares examples where companies are not trying to sell more of their staff in order to thrive. [37:18] Dr. Nate and Blaine talk about an example of a business where everybody thrives. [38:47] What is giving Blaine joy and purpose today? [43:07] Dr. Nate shares his top three takeaways from a very inspiring conversation with Blaine Barlett about Compassionate Capitalism. Mentioned in this episode: The Compassion Mindset Learn more about Blaine Bartlett Avatar Resources Inc. The Nature of the Ultimate Business Guru, Blaine Bartlett. TED Talk Tweetables: “Everything in nature works as a set of distribution, it gives things away, not for being altruistic, but for knowing that by giving something, something else is going to come back in return, there is reciprocity built in this market system we call nature. ” #oncompassion “The purpose in nature is thriving, while most businesses are trying to survive and there is when competition comes into play, thriving presupposes abundance” #oncompassion “Most of the inequalities that we see in today’s world and struggle with are consequence of rational self-interest.” #oncompassion “Compassion is the recognition that my well-being is predicated on your well-being.” #oncompassion “We are all leaders, the question should be: how effective are you as a leader.” #oncompassion “The purpose of business is to enhance the likelihood of thriving.” #oncompassion