Confronting our Freedom: Privacy in the 21st Century

We just celebrated 4th of July, Independence Day!  The sacred, all American holiday where we celebrate our God given right, freedom.  Freedom of governance of life, and our personal liberty.  One of our most cherished freedoms, our right to privacy, resides on an ever-changing playing field.

Sometimes I think we cling to the myth of total privacy in a hyper-connected, global society.  It is not that we don’t enjoy any privacy.  We do.  And I for one, truly being a pretty private person (seriously, I’m a juxtaposition upon juxtaposition), totally get it.  With the innovations that have come as a result of the world wide web, information flow cannot be so controlled like it was in the past.

But, what we once guarded to keep private in organizations and personally is now out in the open.  Whether you like it or not, the reality is here.  And you have a few options.  Either act like it’s still 1979 and try to keep everything under lock and key.  Or demonstrate that you believe so much in your ability to walk the talk by embracing transparency.

Jay Coen Gilbert

Jay Coen Gilbert Presenting on July 3

One of the things I loved about the presentation from Jay at B Lab was the report card he shared of a member business.  Right there, on their sleeves was the performance of the company including a rating for their Governance Practices, Worker Relations, Community Support, and Environmental Policies.

The kicker is that, most of these companies, according to the standards of our educational system, are not “passing” class.  And that’s fine, in fact that’s understandable.  The shifts that need to occur overall are systematic and fairly significant.  Such change takes time as well as a dedication to a process of continual improvement.  After all, we’re not expecting perfection, we are looking for a demonstrated commitment to the journey.

By embracing transparency, these businesses are accepting their imperfection and showing some vulnerability.  And for various reasons, they’re stronger as a result.  These companies are saying, “Hey we’re really dedicated to doing our best and being the best for the world.  So much so that we’ll share our progress to let others verify our practices.  And we’ll let you see our report card.”

That’s not to say that companies should play the game with all their cards facing out.  Or communicate with reckless abandon.  But to be held accountable by being transparent about their business practices is the only way we can create and uphold new standards for socially responsible enterprises.

B Corps – A Community Conversation about Triple Bottom Line Business Models

A few weeks ago I published a blog post about B Corps and the response I got indicated that people were intrigued to learn more.  Well, I present  just the opportunity some of you were looking for!  You are invited to join us for:

B Corps – A Community Conversation about Triple Bottom Line Business Models

When: Tuesday July 3, 2012 8am – 9:30am

Where: At the Rocky Mountain Innosphere

Innovative businesses of the 21st Century are adopting new models of organization, whereby they commit to making a positive social and environmental impact, as well as striving for economic gains. B Corps provide a framework and community support for these emerging businesses. Come out to meet Jay Coen Gilbert, Co-Founder of B Lab, for a community conversation about the opportunities and challenges for B Corps in today’s marketplace. During this session the following questions will be answered, plus questions from the audience:

  • What does the new model of business look like?
  • What is the difference between a Certified B Corps and a Benefit Corporation?
  • What is happening with Colorado Benefit Corporation legislation?
  • What are the benefits of being a B Corps or a Benefit Corporation?

This is a free event (refreshments provided), but space is limited – RSVP required.

Email Ariana(at)RosabellaConsulting.com or text (970) 218-3922

About B Lab and Jay Coen Gilbert, Co-Founder

B Lab is a nonprofit organization that serves a global movement of entrepreneurs that use the power of business to solve social and environmental problems. This will redefine success in business so that all companies compete not only to be the best in the world, but the best for the world.

B Lab drives this systemic change through three interrelated initiatives: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing legislation to accelerate growth of social entrepreneurship and impact investing; and 3) driving capital to impact investments through use of GIIRS Ratings and Analytics.

Certified B Corporations 1) meet rigorous standards of social and environmental performance; 2) legally expand their corporate responsibilities to include consideration of stakeholder interests; and 3) build collective voice through the power of the unifying B Corporation brand. As of April 2012, there are more than 500 Certified B Corporations from over 60 industries, representing a diverse multi-billion marketplace.

Legislation creating a new corporate form with higher standards of corporate purpose, accountability, and transparency — called the benefit corporation — has passed in 7 states and is moving forward with broad bi-partisan support in more than ten more.

B Lab’s GIIRS Ratings & Analytics platform, launched at the Clinton Global Initiative in September 2011, is being used by more than 50 GIIRS Pioneer Funds representing $3 billion in assets invested in 300 of the world’s leading social entrepreneurs across 30 countries form North America and Europe through emerging markets in Latin America, Asia, and Africa. 17 GIIRS Pioneer Investors have declared an investment preference for GIIRS-rated funds and companies in their impact investing portfolios.

Prior to B Lab, despite having no game, Jay co-founded and sold AND 1, a $250M basketball footwear and apparel company based outside Philadelphia. Jay led AND 1’s product and marketing and was AND 1’s CEO during its period of most rapid growth.

Jay is a Henry Crown Fellow of the Aspen Institute, President of the Board of the Philadelphia chapter of KIPP Philadelphia Schools, a growing cluster of high performing public charter schools, and a former Board member of Investors’ Circle and Social Venture Network, leading national networks of social entrepreneurs and early stage social investors.

Jay grew up in New York City before heading west to Stanford University, graduating with a degree in East Asian Studies in 1989. Prior to AND 1, Jay worked for McKinsey & Co and several organizations in NYC’s public and non-profit sectors.

Between AND 1 and B Lab, Jay enjoyed a sabbatical Down Under and in Monteverde, Costa Rica with his yogini wife Randi and their two children, Dex, 13, and Ria 12. They live in Berwyn, PA.

Read the an interview with Jay Coen Gilbert in Entrepreneur Magazine!

What questions would you like answered at this event?  Post them as a comment here!