Brian Thompson chats with Davey Shlasko, founder and CEO of Think Again Training and Consulting, a company that helps align business actions and values. With more than 20 years of experience in adult learning and organizational development, Davey specializes in driving systematic change with a focus on equity and inclusion. Davey shares practical tools for aligning internal practices with external values, discusses strategies for fostering accountability and transparency, and offers hope for navigating uncertainty in today’s climate.
Episode Highlights Mission-driven businesses put purpose before profit.
Rather than benefiting the owners or leaders of a company, Davey says a mission-driven business benefits the broader world or a specific community. That means an organization’s mission must guide decision-making, even when it involves trade-offs.
“Mission has to sometimes come before profit,” Davey said. “Usually having a positive purpose can align very well with making a profit, but sometimes there are trade offs.”
Align your company’s internal and external values.
Davey emphasized that a mission-driven business’s values should be reflected externally and internally. Through Think Again Training and Consulting, Davey works with mission-driven organizations to ensure their internal culture, operations, and systems align with the values they promote externally.
“It’s not always as obvious how those same values might apply to your own operations or internal culture, even if it’s clear how they should apply to the programs or services you provide,” Davey said.
Be accountable to your stakeholders, including your employees.
It’s essential to identify who your organization is accountable to and ensure those stakeholders have a voice. If leaders of a mission-driven business don't hold the organization accountable to its values and core stakeholders, you can have mission drift.
“Part of my responsibility is to hold us accountable to our values that we’ve agreed on,” Davey said. “No matter what we hope our positive impact on the world will be, it’s likely that the greater impact we’ll have is on the people we’re working most closely with: each other.”
Transparency is non-negotiable.
Part of the work of Think Again Training and Consulting is providing companies transparency, which Davey defines as opportunities for informed input. Being transparent balances mindfulness of individuals' privacy with honesty about feedback the organization needs to hear.
“In smaller organizations, anonymity might not be possible, so we have a conservation about what piece of information we could share that would not make you vulnerable,” Davey said.
Inclusiveness shouldn’t be overwhelming.
While it’s great when leaders of a company want to make sure all voices are heard, sometimes they can take their intentions too far by trying to get a consensus for every decision. Asking employees to give too much input in the decision-making process can be overwhelming and ineffective
“You need to design a decision-making process where employees can give input without overburdening,” Davey said. “I want our decision making to be inclusive, but I also want it to work.”
Resources + Links
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Davey Shlasko: LinkedIn
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Think Again Training & Consulting: Website, Facebook, Instagram
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Brian Thompson Financial: Website, Newsletter, Podcast
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Follow Brian Thompson Online: Instagram, Facebook, LinkedIn, X, Forbes
Brian Thompson, JD/CFP, is a tax attorney and Certified Financial Planner® who specializes in providing comprehensive financial planning to LGBTQ+ entrepreneurs who run mission-driven businesses. The Mission Driven Business podcast was born out of his passion for helping social entrepreneurs create businesses with purpose and profit.
On the podcast, Brian talks with diverse entrepreneurs and the people who support them. Listeners hear stories of experiences, strength, and hope and get practical advice to help them build businesses that might just change the world, too.
Information
- Show
- FrequencyUpdated Semimonthly
- PublishedDecember 10, 2024 at 8:06 AM UTC
- Length39 min
- Season1
- Episode89
- RatingClean