Investing in Companies with Positive Social Capital
Throughout this course, I have been provided with information to find companies in
which I want to invest. My interest lies not in a financial investment, but in companies that
prioritize values that benefit humanity, the environment, and society. While many things
significantly impact people and culture, it is essential to pay attention to those leading by positive
examples so that others may follow. When powerful companies prioritize promoting recycled
materials or environmentally friendly business practices, smaller companies will be encouraged
to adopt similar approaches when starting their businesses. I am particularly drawn to companies
prioritizing helping others and the environment over solely focusing on revenue. By centering
their social capital around positivity, these companies have the potential to revolutionize the way
our society and business world function. Furthermore, as human beings, we are naturally inclined
to compete and strive for success. When leading companies witness their competitors aiming for
goals beyond financial gains, they will likely adjust their business models to align with similar
values.
As members of society, we spend a significant portion of our time at our workplaces.
Consequently, a company's social capital substantially impacts the health and happiness of the
people in our lives. When a company knows its power over its employees, it can promote
happiness and well-being. Employees who feel valued and supported in their work environment
are more likely to surpass given goals and maintain positive habits in their personal lives. On the
contrary, working for a company that does not prioritize its employees can adversely affect their
well-being. I've experienced the difference such work environments can make in my life, and I
strive to focus on companies that offer more than just financial benefits and luxuries.
As mentioned earlier, everything operates on a domino effect. To successfully influence
external values, businesses must have a well-functioning internal business model. Stakeholders,
including investors and consumers, play vital roles in a company's reputation and success. For
example, businesses supported by influential figures or social idols tend to gain more support
from individuals of similar social or economic status during elections. On the other hand,
stakeholders may question its legitimacy and withdraw support if a company fails to live up to its
promises. Consumers, in particular, are essential stakeholders, as they ensure a business’s cash
flow remains steady. A business that cannot serve as a necessity to society will find its products
deemed useless. At the core of every successful business lies its social capital. Stakeholders are
attracted to companies that demonstrate growth potential and actively impact society, the
economy, and the environment. An excellent example is Starbucks, which has built an empire by
setting clear social capital and consistently demonstrating it in all its operations. From
continuous employee training to adjusting its practices to meet social changes, Starbucks
exemplifies its dedication to the needs of its community.
The modules have taught me that symbolism within a company is vital for organizing and
defining its workplace culture. Just like every business starts with an idea, the company’s pillars
are founded upon the values it chooses to uphold. This realization led me to draw parallels
between the businesses I choose to support and the relationships I invest in. I prioritize
companies that symbolize positivity and demonstrate awareness of social and environmental
issues. Similarly, I invest in people who positively influence those around them. However, this
doesn't mean that companies with different values cannot be successful. When a company
establishes its symbolic capital, it must decide on its target market or audience. This decision
influences the business model it develops and the resources it acquires to achieve success. I find
Starbucks an excellent example of a company that has created an environment fostering success.
As a partner, I can access more than career advancement opportunities; Starbucks offers
tuition-free education, medical and dental benefits, and financial retirement plans. These tangible
benefits, combined with Starbucks' positive reputation, make working for the company an
honorable experience.
Growing up in a traditional Hispanic household has shaped my perspective, setting it
apart from many others. Family values are significant in my life, influencing my motivations and
decisions. The unwavering support and loyalty I receive from my family have driven me to
persevere in my two jobs and education. The happiness my accomplishments bring to my family
further encourages me to establish strong bonds with friends and other relationships that
resemble family. When forming connections with others, I seek authenticity and positivity.
People attract the energy they put into the world, and I value relationships that challenge my
beliefs and promote personal growth.
While I still need to complete the intellectual analysis for the company I've selected, I
understand that intellectual capital is a crucial aspect of Starbucks. It encompasses three
subcategories: human, customer, and structural capital. As a Starbucks partner, I am fortunate to
witness firsthand how the company successfully demonstrates intellectual capital. Starbucks
prioritizes human capital by continuously providing training and support to its partners, making
them confident and motivated. Regarding customer capital, Starbucks stays relevant by
consistently updating its products to meet customer needs. Starbucks has developed its structural
capital by making its products accessible to a broad range of consumers across various social
classes. The company's focus on gathering feedback from partners and consumers has
contributed significantly to its growth and reputation. For example, recent policy changes
empowering employees to speak up and ensure their safety demonstrates Starbucks' commitment
to its partners.
I am passionate about investing in companies that prioritize positive values, benefit
society, and contribute to the well-being of people and the environment. By aligning my
investments with my values, I encourage businesses to provide positive work environments and
create a more sustainable and compassionate world.