You can do your #part.
Many people say they stand behind free trade, livable wages, and/or the capitalistic principle of best quality at most reasonable price. Some like to talk philosophically about economics and social values. Perhaps we like the idea of companies competing to be the best and then we reward them with our money. Perhaps we like the idea of free trade but it's too expensive for our pocketbook. Have you really stopped to consider how and where you spend your money? The checkbook tells the story, friends.
I challenge you to take inventory: What do YOUR spending habits say about what you truly value? Do you prioritize who gets your dollar by convenience and efficiency? Price? Do you truly consider a company's social consciousness or business practices? If so, to what extent does it drive your spending habits?
On a scale of 1 - 5 (1 being negligible to 5 being very important), weigh the five factors of
convenience,
price,
availability of product,
quality of product and
business practices of those companies you routinely purchase from.
What did you notice? What did you learn? To what extent do your social values impact your spending decisions?
I'm interested in the social procurement movement. There are efforts to ensure government spending considers the impact to people and planet in their procurement practices. I appreciate the movement and the efforts being made; and, I appreciate shining the light on current procurement practices and making an impact through policy, but let's bring it home first. I will not jump on the bandwagon to demand of institutions, government and corporations what I'm not willing to do myself. So, I'll take my inventory and consider what needs to shift in my own procurement practices.
Will you join me?
-Mindy Muller, CFRE, President/CEO of CDP
#moneywheremouthis #socialbusiness #values #capital #personalfinance
