Raj Sisodia

April 30, 2019
The Donahue Center welcomed Raj Sisodia, FW Olin Distinguished Professor of Global Business and Whole Foods Market Research Scholar in Conscious Capitalism at Babson College, and Co-Founder and Co-Chairman of Conscious Capitalism Inc.
"The Healing Organization"
“This is the richest country in the history of the world,” Raj Sisodia told the roomful of students, “the stock market is at record highs, and unemployment is below 4 percent.” Then Sisodia, rattled off a few sobering statistics about the current financial condition of the United States. "One hundred million Americans, two-thirds of the workforce, are living paycheck to paycheck. It doesn’t have to be this way.”
Sisodia shared stories from his latest book, “The Healing Organization,” which examines how business can become the “primary agent” for healing communities – and the world.
Sisodia said the first step is for businesses to listen for and acknowledge the “silent suffering” of employees, who often do not want to share their burdens and appear vulnerable. He noted that in the last 35 years, worker pay in America has increased 10 percent, while CEO pay has gone up 937 percent “That is unconscious capitalism. That is exploiting the system to benefit a few,” said Sisodia, whose “Conscious Capitalism” philosophy is based on the belief that a more complex form of capitalism is emerging that has the potential to enhance corporate performance while also advancing the quality of life for billions of people.
Gabriella Boudreau, a senior business administration major appreciated Sisodia’s “heartfelt” message “I like the idea of business being able to create change in people’s lives. It was definitely nice to hear.”
Read more about Raj Sisodia's visit at Can Business Heal the World?