Moral leadership – the foundation of prosperity

The renowned economist Jeffrey Sachs pinpointed the foundations of a prosperous economy in a recent article. He states: [1]

His post celebrated the life of the late Václav Havel, the Czech playright, who spoke out against the communist regime. His determination to speak out against the suppression of human rights by the communist government saw him imprisoned on multiple occasions. On the collapse of the communist regime, the new Federal Assembly unanimously voted him President of Czechoslovakia.

What is the connection with engagement? Among Václav Havel’s writings is the essay The Power of the Powerless where he decries those societies who force their citizens to “live within a lie”. He was a strong advocate for people having a voice. Moral leadership is about seeking the best interests of the community rather than pursuing a personal agenda. Being imprisoned for speaking out for others is strong evidence of moral leadership.

Corporations have the potential to be as oppressive as a corrupt state if they choose to pursue only their self-interest – and there is plenty of evidence of this (for example, the Enron story). Fortunately, there is a change of consciousness happening as corporates are wising up to the reality of a hot, flat and crowded world and the folly of a myopic short-term focus on profit. Whatever the motive, be it a crucible-forged awakening, altruism or enlightened self-interest, forward thinking corporates are manifesting moral leadership.

Sustainability is inextricably linked to concern for a broad range of stakeholders. To identify and honour stakeholder aspirations requires engagement and a willingness to hear their diverse voices. According to Jeffrey Sachs:

Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery. [2]

So thank you Václav Havel and thank you Jeffry Sachs for being two more voices pointing to a better way to work and live together on planet earth.

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