I have taught business in a university environment for over thirty-five years. Over these years I note that the favour and focus of learners, society and faculty has changed. Sadly, it seems business has become overly focused on profit, market share, WINNING and a blind faith that the marketplace should decide what is proper, moral or constructive. In the early ‘80’s, business and financial matters received far less media attention. Not so today: financial concerns seem to justify too much of what society values and measures. Is there a better way to be financially and socially successful?
John C. Maxwell* suggested a change in our financial mindset from competing to completing. Maxwell describes the competing attitude as focusing on WIN-LOSE, excluding others, scarcity, selfishness and zero sum. A completing attitude values WIN-WIN, including others, abundance, selflessness and growth.
Yes, the competing perspective has significantly improved our standard of living. However, a phenomena called the ‘Easterlin paradox’ notes that over the past fifty years or more, per capital income adjusted for inflations has more than doubled, but measures of personal happiness in the West have remained constant at 30%, meaning that about 30% of the population continues to describe themselves as happy.**
The most rewarding aspect of the completing mindset is that it brings joy, gratitude and serenity to us and others. You may be a little less wealthy, but you feel so much healthier and more connected to others.
After all this improvement in our material wealth it seems like it is time to shift to a completing, cooperative and collaborative perspective. Competition and our current capitalist model needs to become more inclusive. The issues of climate change, inequity and intolerance are not topics that competing seems designed to resolve in a timely manner.
Consider replacing WIN-LOSE challenges to WIN-WIN opportunities, and we will all be better off.
Physically distance (when required or helpful), never socially distance.
Reflection Source: www.Smallercup.org
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*: Leadershift by John C.Maxwell
**: Happiness: Unlocking the Mysteries of Psychological Wealth by Ed Diener, Robert Biswas-Diener