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Monday, August 31, 2009

Social Forecasting and Megatrends

Posted by patrick

By Liz Thompson

Patricia Aburdene is one of the world's leading social forecasters. For 25 years, she has helped thousands of organizations and millions of people make the most of social change and transformation.

Patricia is the co-author of the publishing phenomenon, Megatrends 2000, and she has a new book out called Megatrends 2010: The Rise of Conscious Capitalism. The book is a guide to the economic, spiritual and social trends that will shaping free enterprise, as well as how we live, work and invest.

Patricia describes 'conscious capitalism' as a holistic vision of business in which consumers, investors, suppliers, managers, and visionary CEOs all play a role. More than a megatrend, it's also a self-organizing movement, with everyone trying to restore ethics, accountability and soulfulness.

"Leading from the Middle" is a chapter from her latest book, and it reminds us to look past our narrow definition of authority to include 'informal authority', as well as a one that is more spiritual in nature.

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.

We as consumers have extraordinary power over corporations that we disagree with or complain about. We take our values shopping with us. How are we using our vote as consumers? We vote at the cash register every day for the products we like and the products that we think demonstrate our values. We vote against those we don't think mirror our values.

Values-driven investors are those who want to earn a return, but they want to do it by bringing their values to the table, as well. This movement toward socially responsible investing has been going on in the US since the 1970s.

What is the future of the conscious capitalism? In the next five years, Patricia believes, conscious capitalism could grow from a minority culture to mainstream. Those of us who have walked the spiritual path are finally learning the power of prosperity, which is being extended out into the business world. It's time for us to align our products and investments with our values, and to bring this into the marketplace.

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