Catholic CEO is dedicated to exploring ways to improve the practices of businesses guided by the teachings of the Catholic Church. The Church proposes criteria to consider, and our businesses must figure out how to put them into practice. But how? We'll be exploring concrete practices to consider, linking them to the social teachings of the Church largely described in two important documents: The Compendium of the Social Doctrine of the Catholic Church, and The Vocation of the Business Leader.
It's tempting to think that to do this, our businesses must suffer financially. That doesn't make sense, that God would "punish" businesses that seek to reflect His teachings. And in fact if we look at proxies such as those companies that regularly appear on the Best Places to Work list, we see that financial performance can be strengthened by adherence to these principles.
But as Pope Francis has outlined in his recent Apostolic Exhortation, The Joy of the Gospel, leaders in the private sector need to pay attention to the challenges that adhering to the Church's social doctrine presents to businesses. Because it's the right thing to do, our efforts to conform our organizations to those principles won't be unrewarded.