How do you build a business that thrives? During the GlobalShop keynote session on Tuesday, March 18, Kip Tindell, chairman and CEO of The Container Store, said that the key to being a thriving business is to be a conscious business built on quality people and communication.
As Tindell shared the story of The Container Store’s humble beginnings, he detailed the seven founding principles—also known as the tenants of conscious capitalism—on which the company was founded and on which it continues to build its business. “They guide every decision we make,” he said. “They aren’t just on the wall of the home office.”
The Container Store prides itself on its people, training its first-time employees for about 265 hours (the average retailer does just eight!) “If you focus on the shareholders, the magic is lost,” he said. Continue reading →