Behind the scenes on corporate activism

July 17, 2015

I had the plea­sure of an author chat with Jeff Perkins, exec­u­tive direc­tor of Friends Fidu­cia­ry Cor­po­ra­tion, the orga­ni­za­tion that pro­vides finan­cial ser­vices to Quak­er meet­ings and is on the fore­front of social­ly respon­si­ble invest­ment. We talked about the kind of activism that hap­pens on investor con­fer­ence calls. Jef­f’s arti­cle, Main Street Activism and Wall Street Advo­ca­cy: Strange Bed­fel­lows?, appears in the June/July issue of Friends Journal.

Pareto opportunities for Friends?

June 10, 2015

Nate Sil­ver recent­ly ran a piece on Mar­co Rubio’s pres­i­den­tial chances has used the previously-unknown-to-me con­cept of the “Pare­to fron­tier” to line up poten­tial candidates:

In eco­nom­ics, there’s a con­cept known as Pare­to effi­cien­cy. It means that you ought to be able to elim­i­nate any choice if anoth­er one dom­i­nates it along every dimen­sion. The remain­ing choic­es sit along what’s called the Pare­to frontier.

Sil­ver then fol­lowed up with a real world exam­ple that speaks to my inter­est in food:

Imag­ine that in addi­tion to White Cas­tle and The French Laun­dry, there are two Ital­ian restau­rants in your neigh­bor­hood. One is the chain restau­rant Olive Gar­den. You actu­al­ly like Olive Gar­den per­fect­ly well. But down the block is a local red-sauce joint called Giovanni’s. The food is a lit­tle bet­ter there than at Olive Gar­den (although not as good as at The French Laun­dry), and it’s a lit­tle cheap­er than Olive Gar­den (although not as cheap as White Cas­tle). So you can elim­i­nate Olive Gar­den from your reper­toire; it’s dom­i­nat­ed along both dimen­sions by Giovanni’s.

These days we choose more than our din­ner des­ti­na­tions. Spir­i­tu­al­i­ty has become a mar­ket­place. While there have always been con­verts, it feels as if the pace of reli­gious lane-changing has steadi­ly quick­ened in recent times. Many peo­ple are choos­ing their reli­gious affil­i­a­tion rather than stick­ing with the faith tra­di­tions of their par­ents. For Quak­ers, this has been a net pos­i­tive, as many of our meet­ing­hous­es are full of “con­vinced” Friends who came in to our reli­gious soci­ety as adults.

Quak­ers are some­what unique in our mar­ket poten­tial. I would argue that we fall on two spots of the reli­gious “pare­to curve”:

  • The first is a kind of mass-market entry point for the “spir­i­tu­al but not reli­gious” set that wants to dip its toe into an orga­nized reli­gion that’s nei­ther very orga­nized nor reli­gious. Lib­er­al Friends don’t have min­is­ters or creeds, we don’t feel or sound too churchy, and we’re not par­tic­u­lar­ly con­cerned about what new seek­ers believe. It’s a per­fect fit for do-it-yourself seek­ers that are look­ing for non-judgmental spiritually-minded progressives.
  • Our sec­ond pare­to fron­tier beach­head is more grad-school lev­el: we’re a good spot for peo­ple who have a strong reli­gious con­vic­tions but seek a com­mu­ni­ty with less restric­tions. They’ve mem­o­rized whole sec­tions of the Bible and might have the­o­log­i­cal train­ing. They’re burned out by judg­men­tal­ism and spirit-less rou­tine and are seek­ing out a more authen­tic reli­gious com­mu­ni­ty of reli­gious peers open to dis­cus­sion and growth.

It seems we often reach out to one or the oth­er type of “pare­to” seek­er. I see that as part of the dis­cus­sion around Mic­ah Bales’s recent piece on Quak­er church plant­i­ng–do we focus on new, unaf­fil­i­at­ed seek­ers or seri­ous reli­gious dis­ci­ples look­ing for a dif­fer­ent type of com­mu­ni­ty. I’d be curi­ous to hear if any Quak­er out­reach pro­grams have tried to reach out to both simul­ta­ne­ous­ly. Is it even pos­si­ble to sucess­ful­ly mar­ket that kind of dual message?

The two-touch pare­to nature of Friends and pop spir­i­tu­al cul­ture sug­gests that meet­ings could focus their inter­nal work on being the bridge from what we might call the “pare­to entrances.” New­com­ers who have walked through the door because we’re not out­ward­ly churchy could be wel­comed into Quak­erism 101 cours­es to be intro­duced to Quak­er tech­niques for spir­i­tu­al ground­ing and growth – and so they can deter­mine whether for­mal mem­ber­ship is a good fit. Those who have come for the deep spir­i­tu­al ground­ing can join as well, but also be giv­en the oppor­tu­ni­ties for smaller-scale reli­gious con­ver­sa­tions and prac­tice, through Bible study groups, region­al extend­ed wor­ships and trips to region­al opportunities.

If you add charts you don't understand to blog posts, people will think you're extra smart.
If you add charts to blog posts, peo­ple will think you’re super-duper smart.