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Famous Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quotes

“In an era of generative AI, trust will accrue greater value in the marketplace. People will elevate trust on their list of prerequisites to purchase and prerequisites to engage with content. Furthermore, there will be a redistribution of income and assets from companies and people who are less trusted to those companies and people who are more trusted.”

“When solving problems in business, having a diversity of perspectives ultimately yields better and more implementable solutions. And companies that are better able to solve problems are better positioned to succeed in the marketplace. So DEI is really about a business’ ability to thrive in the marketplace — it’s not about acts of charity and it’s really not even about social justice.”

“If diversity and inclusion initiatives are approached as a form of charity, it will result in some people benefiting at the expense of others. Instead, diversity and inclusion should be approached as a way to expand capacity and as a hedge against risk. If you look at nature, that’s what diversity does… expand capacity and hedge against risk.”

“Ultimately, ESG is about wise capital stewardship. The expectation is that we wisely steward environmental capital, financial capital and human capital, as well as other forms of capital. If we understand that capital comes in all these various forms, and approach that capital with the spirit of stewardship and the know-how of stewardship, we will in effect be ESG compliant.”

“In dated Industrial models, products and services flowed linearly from suppliers to manufacturers to distributors to consumers. But in a permaculture economy model, people and businesses are involved in a value web whereby they may each hold more than one of those roles and each entities role is more hybridized. It’s about cyclical co-creation and cyclical co-consumption.”

“City Planners, collectively, play a huge role in societies’ ability to steward capital wisely. With most of humanity living in cities, their efficiency or lack there of has huge implications for how people interact with resources. And from an ESG perspective, the condition of civilization can be largely measured by the interactions between people and resources”

“The greatest things in civilization were all made possible by the wise stewardship of Capital. And all of the problems of the world have as their root cause a misuse or waste of capital. Therefore the primary concern for every business and every human endeavor, is the wise stewardship of Capital. And this is especially true for every Chief Sustainability Officer.”

“While directly serving their customers, companies should indirectly serve the interests of society by taking responsibility for the holistic impact of their activities. Its simply a more broad view of value creation. This is what ESG is all about. With this perspective, the goal is still Profit — Profit for all stakeholders, to varying degrees and in varying capacities of course. This holistic view of profit produces what I call Multiplicative Value Effects, or, win-win scenarios as opposed to win-lose scenarios where the prerequisite of a companies win is a loss for societal stakeholders.”