Wednesday, May 28, 2008
Building a Better Business Trap
The early days of industrialization were brutal for workers. But they soon learned to organize and form unions. The primary way for unions to change the abusive behavior of businesses used to be by holding strikes. These strikes would imperil the workers and harm the economy, but they were effective - until businesses organized to take political power and break the power of striking workers. The triumph of unrestrained commerce began in the 70's and has continued in an era of conservatism since.
Unions remained throughout this time, but their tools were sharpened. Activist boycotts eventually came to replace strikes in many instances. They allowed more people to participate, and as they could be waged by from outside of the boycotted industry, they were less dangerous for workers - until the age of marketing and branding in the 80's and 90's made it more difficult to tarnish the reputation of a company.
Now unions, strikes, and boycotts haven't gone away. They are just being used more selectively. And their limitations are recognized. While punishments are great for getting someone to refrain from doing something, they tend to do a rather shoddy job of inspiring deeper transformations.
Thus buycotts were developed. Now any consumer could participate in the transformation of industry by buying products produced by the most socially and environmentally responsible companies. Of course, this had always been going on to some extent, but the efforts had become concerted. In a sense, the whole health food industry emerged through this trend. So has the clean tech industry which now rivals high tech for venture capital. Buycotts can galvanize energies and thrust the most caring entrepreneurs and employees into positions of leadership and power. And they challenge businesses to aspire to higher standards.
The problem with buycotts, like boycotts, has lain in deception. The budding conscious businesses of the early 80's and 90's were drowned out in the green washing of mega-corporations with mega-advertising budgets. But the web is changing this. At first the changes came through information sharing. Activists would e-mail others about this and that abuse of some business. Then we all experienced information overload.
More recently, this information has come to be systematized. Sites like this one are not only blogging or waging campaigns but organizing comprehensive guides to the behavior of business. We are scoring everything from carbon footprints to percentage of charitable contributions to the number of pending lawsuits waged against a corporation. The political power of industry has proved helpless thus far. This is a movement of shoppers after all, acting in an economy with more perfect information than ever before. So in a world of swords and shields, what comes next?
Theo Horesh, host of the Conscious Business Show, www.reframeamerica.com
Scanning the Scores for Labels of Love
There is a revolution in the consciousness of consumers that is transforming the way each of us shops. It is not just that more of us are doing it on the Internet, nor that there is an infinitely wider array of companies and products to choose from. The revolution is in what we know about what we buy. Conscious consumers are building markets for conscious businesses, and this is transforming the very nature of what it means to do business.
Consider the nutritional labelling of foods. These labels may seem as timelessly present to us today as, say the ubiquitous cell phones and Internet. But it was not until 1990 that the FDA mandated the labelling of nutritional information on food packages with 1990 Nutrition Labelling and Education Act. The law did not go into effect until May 8, 1994. Since that time we have experienced a revolution in the health food industry which only seems to grow stronger with each increase in consumer consciousness. The more we measure, the more things will count.
Almost two decades since the passage of the 1990 Nutritional Labelling Act, the Internet has taken over where the FDA left off. Every passing month seems to bring with it the appearance of another website dedicated to ranking and reviewing products - http://www.ethiscore.com/, http://www.huddler.com/, and yours truly, http://www.visionaryvalues.com/, still in our infancy. Most focus on the social and environmental responsibility of products. And most span across multiple industries. These sites promise to radically transform the way each of us shops.
Like the early nutritional labels, it may be only a small percentage of shoppers who use these sites. But a measly 3% of shoppers is enough to create a substantial market for new products in most industries. And those same 3% can be enough to stain the reputation of habitual green washers. It may be the case that 2 or 3 or 5% of shoppers create not only a base for new products but for new shopping habits as well.
Someday, many of us will shop the aisles of our favorite stores with Blackberries and iPhones in hand, looking up, perhaps scanning, the social and environmental scores of new products in the same we we now read the reviews of books on Amazon or count the stars on Netflix films. Nutritional labels are only the start. Next will come environmental and labor scores, personalized scores according to our values, and ecological impacts. The sites are being developed along with the habits to use them. The question is: how many of us will be doing this, and how will it transform industry?
Saturday, May 24, 2008
Going Green, It Computes!
Thursday, May 22, 2008
Dangerous Beauty!
Wednesday, May 21, 2008
New Report: Making Green the New Business as Usual
This week the Environmental Defense Fund released a report entitled: Innovations Review 2008: Making Green the New Business as Usual." "The report highlights the latest trends and best practices that demonstrate how environmental sustainability efforts are creating new markets, providing competitive advantages and saving companies millions of dollars."
Tuesday, May 20, 2008
Rethinking Green
http://www.wired.com/science/planetearth/magazine/16-06/ff_heresies_intro
Monday, May 19, 2008
Material Desires
In 2007, a research firm called Information Resources, Inc. found that U.S. consumers are beginning to show purchasing preferences that are based on eco-friendly packaging. In a survey of more than 22,000 U.S. consumers, results showed that about 29% indicated that eco-friendly packaging influenced their brand selection and 21% choose stores that offer good selections of products using environmentally friendly packaging.
Sunday, May 18, 2008
Big Business Moves Natural
Saturday, May 17, 2008
Feed & Grain Prices Out of Control!
Thursday, May 15, 2008
Putting Food In Perspective!
Wednesday, May 14, 2008
All natural eco green warm and fuzzy
So what is Visionary Values. Let me start by asking some questions.
So with all the labels and slogans out there, how do we really know what products and companies align with our values? What really makes a product "green", "eco-friendly", or "all natural"?
Is there any standard way to find products that align with your values? Wouldn't you like to know which organizations back and govern the multitude of certifications and standards in the marketplace?
Visionary Values is poised to provide the discerning consumer the tools to answer these questions.
Remember this next time you look at a product or company and feel overwhelmed with their various slogans and certifications advertising their merits.
Stay tuned!
Local or Organic?
It turns out that what drives customer choices is a bit more complex that we might have been led to believe. A recent customer survey conducted by The Natural Foods Merchandiser shows that consumers are more apt to choose a local product over an organically produced one that is not local. The results show that when given a choice between an equally priced local but not organic item and an organic but not local item that 35% of consumers said they would prefer the local item while 22% would purchase the organic item. Additionally, 44% of respondents said that ultimately they would prefer both local and organic in their purchases.
Monday, May 12, 2008
Industry Standards for "Natural" Products
Folks, have you ever wondered just what the heck these companies mean when they call their product "natural?" Well, since there are currently no standards in place to help consumers determine for themselves just what this designation should cover, what are we to do?
Thursday, May 8, 2008
What are your favorite companies?
We here at Visionary Values are in the business of compiling information on the manners in which food companies, specifically those in the natural products industry, conduct themselves according to issues of sustainability. Clearly, consumers have their favorites, the companies they trust and prefer. We are no different and we want to share these details with consumers.
Wednesday, May 7, 2008
Sustainable Substitutes
In my last post I presented some remarkable products made from bamboo. It seems as though these are days when we will begin to see more of these types of alternative and sustainably produced and recyclable materials replacing more commonly used toxic and harmful materials. Manufacturers must begin to invest in producing products using materials that are not destined for complete disposal in landfills or incinerated. We cannot continue to accept the belief that these resources are disposable and in endless supply!