Every month the Portland Business Journal puts on what they call a “Power Breakfast.” The thought being that “powerful” individuals (myself excluded) can get together over a semi-warm breakfast of powdered eggs and over-sugared pastries to learn, share and, of course, network.
This is why sometimes it can be a little difficult to talk me into these events. I know, I know… I’m in PR, this should be what I live for. But the fact of the matter is, I specialize in online PR, where I deal with bloggers all day and do the talking with my keyboard. It’s a totally different ball game when you sit me at a table full of strangers armed only with business cards and very expensive smiles.
However, even these fears couldn’t keep me away from the October Power Breakfast as I was truly excited about the guests of honor—Tom and Kate Chappell, the co-founders of Tom’s of Maine. If you aren’t familiar with Tom’s of Maine just take a stroll down your neighborhood grocery store’s hygiene aisle. I can almost guarantee you will find a Tom’s product within 30 seconds—they are the number one natural care brand in the country. With products such as toothpaste, mouthwash, deodorant, body wash and a whole slew of others, the Chappell’s have unarguably built an empire, but what is so interesting about them are the terms in which they continue to build that empire.
Tom’s of Maine is one of the more value-driven companies I have ever seen. When Tom and Kate founded the company in 1970 they knew that they could actually do more for the world around them by starting a for-profit company. They understood that while non-profits are so important to our communities and environment, they need to receive funding from somewhere. That’s where Tom’s of Maine steps in. Tom’s donates an unbelievable 10 percent—no, I did not put an extra zero in—back to their community and chosen non-profits. Through their works they have been able to partner with non-profits in the Dental Health for All program, as well as the River Awareness Program.
One thing I found particularly interesting about their interview session was Tom’s talk of going to Harvard Divinity School in the early 90s. Wanting to learn how to grow his business, Tom took a rather unconventional route. Instead of doing the traditional MBA thing, he wanted to be able to look at his business from the flipside—from a spiritual and conscious point of view. I have never heard of any businessperson doing this, but obviously it was successful for him, and if one had the same drive they could surely learn an insane amount from his example. I am not a particularly spiritual person myself, but I can wholly respect trying to look at things (particularly business and business ethics) through a different lens.
I was surprised to learn that Tom’s received only a minimal amount of criticism when they decided to sell to Colgate in 2006. I had thought they would have gotten a lot more pressure from their customers for seemingly going against everything Tom’s stood for, but the Chappell’s insist that this was a decision made to ensure that their customers only keep receiving even more great natural products from Tom’s. They said Colgate has had a very hands-off approach to their brand because they understand that those values need to stay intact for their customers to keep buying it. I’d be interested to see how long that approach realistically lasts for…
In short, this was a great event put on by the Portland Business Journal (minus the egg/pastry debacle), and I look forward to them putting on some more Power Breakfasts featuring leaders in the organic/natural/sustainable movement.
The only thing that remains to be asked is, how can we incorporate Tom’s of Maine values into our own business? At R2 we have participated in volunteer days and the like (which is all great and important), but what are those extra steps we can take to go beyond the norm?