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Good Business: Ethics at Work

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Quakers and Business
Trustee Needed PDF Print E-mail
Written by Paul Whitehouse   
Our member Eric Walker seeks a Trustee with business experience and the Quaker ethos to join the Council of Concord Media, which meets very infrequently!
 
Q & B in the News! PDF Print E-mail
Written by Paul Whitehouse   

The Financial Times on the demise of Quaker businesses, included a quote from Timothy Phillips, Clerk of Quakers and Business:

"He estimates that there are fewer than 100 mostly small businesses run according to Quaker principles in the UK today. There is still a great need for a Quaker or a likeminded ethos in business,” he says, citing banking bonuses and over-leverage as contemporary commercial evils. Business with a social mission is now largely the preserve of social entrepreneurs. These rarely cite religion.

"As Cadburys we will look to Kraft to live up to our high standards".  Statement by Sir Adrian and Sir Dominic Cadbury, published in the Telegraph. 

The BBC Magazine on How did Quakers conquer the sweetshop? This achievement is all the more remarkable given the tiny numbers of Quakers. Paul Whitehouse, Treasurer of Quakers and Business, says this helps explain why there are fewer Quakers firms today.

Guardian letters: Industrial strategies and Cadbury sell-off, Including letter from Andrew Gunn, Former chairman, Employee Ownership Association.

 
Taming the Corporations PDF Print E-mail
Written by Paul Whitehouse   
“Cleaning up politics is a necessary precondition for effective corporate governance reform and for subordinating the business agenda to broader social needs . . .
 
"They buy places at Labour’s “high plate” party dinners, governmental advisory committees, task forces, and Think Tanks, and contributions to party funds facilitate titles, contracts and jobs for those who make them. In return, New Labour, like the Conservatives, defers to the donors.  .  .
 
“Despite numerous audit failures, the ‘colonisation’ of senior civil servants, current and former ministers has enabled them to escape effective regulation and retribution. The colonised include Peter Mandelson . . .
  
“Proposals made in this monograph are intended to ensure that corporations are brought under democratic control and the institutions of democracy are reinvigorated.”
 
 
News Update - December 2009 PDF Print E-mail
Written by Roger Hill   

(Click here to go straight to your actions)

STATE OF PLAY

As I write, I have just returned from Q&B Management Committee meeting in Friends House and the annual conference was the previous week at Friends House. I ask myself what does it feel like (to me) attending and reflecting on the inner dynamics of the process I perceived. As it happens, I have been serving on Meeting for Sufferings and Quaker Peace and Social Witness Central Committees of the Religious Society of Friends for the past 3 years and joined Q&B’s Nominations committee during that time. I have found my service on central committees frustrating in some ways and in contrast, attending Q&B events invigorating.

Read more...
 
What are we for? Who are we? PDF Print E-mail

We promote Quaker principles in business and the workplace, because we believe they are good in themselves.  This way, business earns a surplus and spends it - ethically.   And, charities and public bodies deliver their services with ethics at their cores, too.   Ethics means a practical, loving concern for the common good, physically, mentally, spiritually, rooted in collectively seeking the right way forward. 

We are a growing network of Quakers and others;  most of us are Quakers presently in membership and all of us are in sympathy with what Friends stand for in the world. We are ever open to the truth, wherever it is found. Some of us work in the charity and public sectors at various levels of responsibility, others in the profit making sector, where we are either self employed, own and manage our own business, or work for manufacturing or service companies.

We are widely, thinly spread across Local Quaker Meetings (there will be one in your area). The Quakers & Business (Q&B) Group is the network through which we find each other easily when we need. It also facilitites our collective voice.  We welcome all as members, not just Quakers, who are in sympathy with our aims.  You can join online here.

Q&B is a listed informal group within Britain Yearly Meeting, and a registered Charity regulated by the Charity Commission. We have members in other Yearly Meetings and are in touch with similar networks elsewhere in the world.  You can find our Constitution in the Documents section.  We have a set of business principles, and work to realise our vision, mission & priority goals, which can be seen here.

What do we do?

We publish: i) our business principles summary statement, ii) our book Good Business: Ethics at Work - Advices and Queries on Personal Standards of Conduct at Work:  available from Friends House Bookshop. A portion of the proceeds go to support Quaker Social Action.

We meet: at three events in 2010.  You can: learn relevant stuff, meet new Friends sharing your interests - and make new business friends too.  The events are:

1. The Q&B Spring Gathering including our AGM, Saturday 24 April, Redland FMH, Bristol.  Our time studying today's world economy and how to speak truth to power, so our businesses and charities may prosper.

2.  The Quakers Non-executive Directors network, 24 - 25 May at Woodbrooke Quaker Study Centre, Birmingham, UK.  A content rich, professional networking event for all in NxD or charity Trustee roles or who would like to be.

3. The Quaker Business Conference 2010, 17 November, at Friends House.  We'll tackle: Prospering ethically in uncertain times.  Watch this space...

We now have a Quakers & Business group on Linkedin.  Join here.

 
Cadbury - Letter in the Financial Times 17 Nov PDF Print E-mail
Written by Paul Whitehouse   

A successful and sustainable business model

From Mr Timothy Phillips.

Sir, Lombard’s comment (November 12) that “it would be tragic if a cogent defence of Cadbury ... was undermined by traditional fund managers selling out in order to pad their end-of-year returns” is an understatement!

The Quakers & Business Group is naturally taking a close interest in the future ownership of Cadbury. While Quakers are proud of Cadbury’s heritage, it is what the company is doing today and planning for tomorrow that excites us most. The current standalone Cadbury would seem to be making a success of combining shareholders’ and other stakeholders’ needs in meeting tough economic, social and environmental objectives in both the short and long term.

Cadbury’s recent strong third-quarter results, achieved despite the high trading levels of cocoa and sugar, demonstrates a management team acutely aware of delivering shareholder value. The “performance driven and values led” culture has, in recent years, seen the establishment of the Cadbury Cocoa Partnership, the Purple goes Green commitment to climate change and most recently the move into Fairtrade certification for Cadbury’s Dairy Milk. These initiatives are not about getting an ethical “badge” but securing Cadbury’s supply chain on a sustainable basis and in a principled way.

George Cadbury founded the business in 1824 to make an economic return but to do so in a principled manner. Early 19th century philanthropy became 20th century corporate and social responsibility and now has become 21st century sustainable development. In a global business environment, where in recent times some sectors and companies have failed to show their economic and social value to society, Cadbury has demonstrated a successful and sustainable business model. We hope it will be allowed to continue to do so.

Timothy Phillips,
Clerk,
Quaker & Business,
Bristol, UK

 
Doing Business The Quaker Way PDF Print E-mail
Written by Jo Poole   

Forbes have published an article by Mark Lewis suggesting that office meetings might be more effective if the participants emulated the Society of Friends.  Read it here.

 
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Something to consider

‘Life becomes simplified when dominated by faithfulness to a few  concerns.  Too many of us have too many irons in the fire.  We get distracted by the intellectual claim to our interest in a thousand and one good things, and before we know it we are lulled and  hauled breathlessly along by an over-burdened programme of good committees and good undertakings … Undertakings get plastered on from the outside because we can’t turn down a friend. Acceptance of service … should really depend upon an answering imperative within us, not merely upon a  rational calculation of the factors involved.  The concern-oriented life is ordered and organized from within.  And we learn to say No as well as Yes by attending to the guidance of inner responsibility.’

from ‘A Testament of Devotion’ by Thomas Kelly

Copyright © 2008 Quakers and Business Group.

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