Positive Power of Principled Profit
Volume 4, Number 8—April, 2007
Positive Power Spotlight: Cummins Inc.
Only 11 companies have been on the Business Ethics Magazine
(renamed CRO Magazine last year) annual list of 100 Best
Corporate Citizens in the United States every year since the
list's inception. One of those is Diesel manufacturer Cummins
Inc.
Amazingly enough, when I checked for the usual scathing
critiques of the company, I couldn't find any in the first two
pages of a Google search. Instead, I found, among other things,
an article about how the company is excited to be leading the
way with low-sulfur, environmentally friendly Diesel fuel (an
initiative announced by the EPA during a Cummins plant tour!).
The company also gains points for being willing to market its
achievements in ethics and sustainability, and for becoming more
profitable as it aligns with higher principles. This quote from
Cummins Chairman and Chief Executive Officer Tim Solso is taken
from the press release about its inclusion on the 100 list:
"The last three years have been the most profitable in Cummins'
history, but we're especially proud of the fact that we have
been able to produce those results while remaining true to our
core values of ethical business behavior and corporate social
responsibility.
"We pride ourselves on operating under a set of values that
emphasizes integrity, innovation, delivering superior results,
corporate responsibility, diversity and global involvement. This
recognition is further validation of the terrific work being done
by Cummins employees worldwide every day."
Linked prominently from the http://www.cummins.com home page,
the company's sustainability report is easy to download from the
website, and stresses not only areas such as integrity,
delivering superior results, and diversity--all key drivers of
success, as outlined in my award-winning sixth book, Principled
Profit: Marketing That Puts People First--but also achievements
in such areas as alternative fuels for power generation and
pollution control products. It also identifies a wide range of
stakeholders, including residents of the communities where it
operates (who benefit from education and training initiatives,
among other things) as well as customers. Oh yes, and climate
change is addressed directly (remember this is a manufacturer of
Diesel engines).
Refreshing, too, is the prominent attention the report gives to
corporate governance and codes of conduct--not only for itself
*but for its suppliers.*
Another Recommended Book: Simpleololgy by Mark Joyner
I've been having a fascinating private email conversation with
Internet marketing legend and superstar author Mark Joyner. Mark
bought a copy of Principled Profit: Marketing That Puts People
First a couple of years ago, gave me a ringing endorsement, and
then asked me to contribute an essay for his bestselling "The
Great Formula." Since I've been an admirer of his for many
years, I was happy to oblige.
The last few weeks, as he's been gearing up his latest launch,
we've been discussing the application of business thinking to
social change, prospects for Middle East peace, and all sorts of
other stuff. It's been fun.
And it's great to see another one of the marketing gurus who
comes at this with both a solid understanding of business and a
clear desire to leave the world better than he found it. (I can
name a few others, too--I'm even thinking of starting a
discussion group for socially conscious marketers.)
I've just finished reading his latest book, "Simpleology: The
Simple Science of Getting What You Want." While his earlier
books were mostly focused on practical, hands-on application of
marketing theory, this book is different. It's Mark's unique
twist to take that same practical eye for theory, and cross it
with the scientific method and your personal power to achieve
your goals.
Goal achievement is a very popular topic lately, as witness the
movie/book "The Secret," Jack Canfield's excellent "The success
Principles," and a gajillion others. But Mark being Mark, his is
rather different. In fact, he spends some time tearing down the
movie "What the Bleep," because in his view, it doesn't begin
to substantiate its claims. And he's got a wonderful exercise in
the back that proves action brings you closer to your goal than
simply trying to manifest it.
Whether you agree with it all (I don't, though I do agree with
most of it) or not, it's a very worthy read. And I am especially
interested in how to take these concepts and use them to create
a more peaceful world.
During the launch phase, Mark has also gotten a whole bunch of
smart marketers to toss in some amazing number of bonuses--yours
when you buy the book. I've submitted a bonus, and if you send
me your receipt, I'll send an extra one--my essay that Mark used in
"The Great Formula" (like this one, published by Wiley).
Find out more: http://snipurl.com/1esbr (full disclosure: this
is an affiliate link and takes you to a multimedia trailer--but
I'm not doing it for the commissions, which will be negligible)