[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:01.14,0:00:03.78,Default,,0000,0000,0000,,Of all the characters\Nin all the Disney films
Dialogue: 0,0:00:03.78,0:00:06.88,Default,,0000,0000,0000,,the one I love the most\Nis Jiminy Cricket from "Pinnochio."
Dialogue: 0,0:00:07.84,0:00:09.79,Default,,0000,0000,0000,,My favorite scene in the movie
Dialogue: 0,0:00:09.79,0:00:13.03,Default,,0000,0000,0000,,is when the blue fairy\Nis saying to Pinnochio,
Dialogue: 0,0:00:13.03,0:00:15.36,Default,,0000,0000,0000,,"Always let your conscience\Nbe your guide."
Dialogue: 0,0:00:15.72,0:00:18.14,Default,,0000,0000,0000,,Pinnochio asks, "What are conscience?"
Dialogue: 0,0:00:18.14,0:00:20.58,Default,,0000,0000,0000,,and Jiminy Cricket\Nis scandalized by the question.
Dialogue: 0,0:00:20.58,0:00:21.92,Default,,0000,0000,0000,,"What are conscience!
Dialogue: 0,0:00:21.92,0:00:23.56,Default,,0000,0000,0000,,"What are conscience!
Dialogue: 0,0:00:23.56,0:00:27.49,Default,,0000,0000,0000,,Conscience is that still small voice\Nthat people won't listen to.
Dialogue: 0,0:00:27.49,0:00:29.89,Default,,0000,0000,0000,,That's just the trouble\Nwith the world today."
Dialogue: 0,0:00:30.94,0:00:34.32,Default,,0000,0000,0000,,I love the way Jiminy Cricket\Nis always there
Dialogue: 0,0:00:34.32,0:00:37.36,Default,,0000,0000,0000,,with a nerdy, ethical thing
Dialogue: 0,0:00:37.36,0:00:40.82,Default,,0000,0000,0000,,just as Pinnochio's coming up\Nwith some kind of good plan.
Dialogue: 0,0:00:41.20,0:00:43.68,Default,,0000,0000,0000,,I think of him as speaking\Ntruth to puppet.
Dialogue: 0,0:00:44.16,0:00:46.68,Default,,0000,0000,0000,,I always wondered what it was\Nabout Jiminy Cricket
Dialogue: 0,0:00:46.68,0:00:48.06,Default,,0000,0000,0000,,that made me love him so much
Dialogue: 0,0:00:48.06,0:00:49.24,Default,,0000,0000,0000,,and one day it hit me.
Dialogue: 0,0:00:49.24,0:00:51.83,Default,,0000,0000,0000,,It was because he sounds\Nlike my grandfather.
Dialogue: 0,0:00:52.78,0:00:55.84,Default,,0000,0000,0000,,My grandfather was a very sweet\Nand cuddly man
Dialogue: 0,0:00:55.84,0:00:58.66,Default,,0000,0000,0000,,and I loved him to the moon and back.
Dialogue: 0,0:00:59.52,0:01:02.29,Default,,0000,0000,0000,,But I shared him with a big, wide world.
Dialogue: 0,0:01:02.43,0:01:04.21,Default,,0000,0000,0000,,His name was Roy O. Disney,
Dialogue: 0,0:01:04.21,0:01:06.70,Default,,0000,0000,0000,,and together with his younger\Nbrother Walt Disney,
Dialogue: 0,0:01:06.70,0:01:10.60,Default,,0000,0000,0000,,he came from a very humble\Nupbringing in Kansas
Dialogue: 0,0:01:10.60,0:01:14.79,Default,,0000,0000,0000,,and started and ran one of the most\Niconic businesses in the world.
Dialogue: 0,0:01:15.88,0:01:18.78,Default,,0000,0000,0000,,Two things I remember the best\Nabout going to Disneyland
Dialogue: 0,0:01:18.78,0:01:20.23,Default,,0000,0000,0000,,with my grandfather.
Dialogue: 0,0:01:20.23,0:01:23.74,Default,,0000,0000,0000,,The first thing was he always\Ngave me a stern warning
Dialogue: 0,0:01:23.74,0:01:26.40,Default,,0000,0000,0000,,that if I ever sassed\Nanybody who worked there
Dialogue: 0,0:01:26.40,0:01:28.96,Default,,0000,0000,0000,,I was in deep doo-doo when we got home.
Dialogue: 0,0:01:30.30,0:01:32.53,Default,,0000,0000,0000,,He said, "these people work really hard --
Dialogue: 0,0:01:32.53,0:01:33.96,Default,,0000,0000,0000,,harder than you can imagine,
Dialogue: 0,0:01:33.96,0:01:36.15,Default,,0000,0000,0000,,and they deserve your respect."
Dialogue: 0,0:01:36.83,0:01:40.89,Default,,0000,0000,0000,,The other is that he never\Nwalked by a piece of garbage
Dialogue: 0,0:01:40.89,0:01:42.06,Default,,0000,0000,0000,,inside of Disneyland
Dialogue: 0,0:01:42.06,0:01:43.21,Default,,0000,0000,0000,,or anywhere else,
Dialogue: 0,0:01:43.21,0:01:45.14,Default,,0000,0000,0000,,where he didn't bend over to pick it up.
Dialogue: 0,0:01:45.40,0:01:48.82,Default,,0000,0000,0000,,He said, "no one's too good\Nto pick up a piece of garbage."
Dialogue: 0,0:01:50.10,0:01:51.53,Default,,0000,0000,0000,,In grandpa's day,
Dialogue: 0,0:01:51.53,0:01:53.96,Default,,0000,0000,0000,,a job at Disneyland was not a gig.
Dialogue: 0,0:01:55.01,0:01:57.22,Default,,0000,0000,0000,,A person could expect to own a home,
Dialogue: 0,0:01:57.22,0:01:58.96,Default,,0000,0000,0000,,raise a family,
Dialogue: 0,0:01:58.96,0:02:01.55,Default,,0000,0000,0000,,access decent health care,
Dialogue: 0,0:02:01.55,0:02:05.38,Default,,0000,0000,0000,,retire in some security without worrying
Dialogue: 0,0:02:05.38,0:02:07.70,Default,,0000,0000,0000,,on just what he earned there at the park.
Dialogue: 0,0:02:08.30,0:02:10.83,Default,,0000,0000,0000,,Mind you, grandpa fought the unions,
Dialogue: 0,0:02:10.83,0:02:12.22,Default,,0000,0000,0000,,and he fought them hard.
Dialogue: 0,0:02:12.64,0:02:14.60,Default,,0000,0000,0000,,He said he didn't like to be forced
Dialogue: 0,0:02:14.60,0:02:17.12,Default,,0000,0000,0000,,to do something he wanted\Nto do voluntarily.
Dialogue: 0,0:02:17.37,0:02:21.20,Default,,0000,0000,0000,,That was rank paternalism of course\Nand maybe even a tiny bit of BS.
Dialogue: 0,0:02:21.68,0:02:24.05,Default,,0000,0000,0000,,He wasn't an angel,
Dialogue: 0,0:02:24.05,0:02:27.18,Default,,0000,0000,0000,,and everyone wasn't well\Nand fairly treated across the company,
Dialogue: 0,0:02:27.18,0:02:28.93,Default,,0000,0000,0000,,something that's well-known.
Dialogue: 0,0:02:30.40,0:02:35.23,Default,,0000,0000,0000,,But I think in his core he had\Na very deep commitment
Dialogue: 0,0:02:35.23,0:02:39.52,Default,,0000,0000,0000,,to the idea that he had a moral obligation\Nto every human being that worked for him.
Dialogue: 0,0:02:40.44,0:02:44.66,Default,,0000,0000,0000,,That actually wasn't such an uncommon\Nattitude for CEOs of the day.
Dialogue: 0,0:02:45.70,0:02:49.26,Default,,0000,0000,0000,,But when my grandfather died in 1971,
Dialogue: 0,0:02:49.26,0:02:51.82,Default,,0000,0000,0000,,a new mindset was beginning to take hold
Dialogue: 0,0:02:51.82,0:02:55.51,Default,,0000,0000,0000,,of the American and eventually\Nthe global imagination.
Dialogue: 0,0:02:55.91,0:03:00.16,Default,,0000,0000,0000,,Jiminy Cricket got shown the door\Nby economist Milton Friedman,
Dialogue: 0,0:03:00.16,0:03:01.39,Default,,0000,0000,0000,,among others,
Dialogue: 0,0:03:01.39,0:03:04.39,Default,,0000,0000,0000,,who popularized the idea\Nof shareholder primacy.
Dialogue: 0,0:03:05.16,0:03:10.23,Default,,0000,0000,0000,,Now, shareholder primacy is a pretty\Nreasonable idea when you think about it.
Dialogue: 0,0:03:11.27,0:03:13.12,Default,,0000,0000,0000,,Shareholders own the company,
Dialogue: 0,0:03:13.12,0:03:17.44,Default,,0000,0000,0000,,shareholders want profits and growth,
Dialogue: 0,0:03:17.44,0:03:20.28,Default,,0000,0000,0000,,so therefore you prioritize\Nprofits and growth.
Dialogue: 0,0:03:20.61,0:03:22.24,Default,,0000,0000,0000,,Very sensible.
Dialogue: 0,0:03:22.52,0:03:27.16,Default,,0000,0000,0000,,But unfortunately, shareholder primacy\Nwas an idea that became a mindset
Dialogue: 0,0:03:27.16,0:03:29.68,Default,,0000,0000,0000,,and then that mindset jumped the rails,
Dialogue: 0,0:03:29.68,0:03:32.89,Default,,0000,0000,0000,,and it came to fundamentally\Nalter everything
Dialogue: 0,0:03:32.89,0:03:37.30,Default,,0000,0000,0000,,about the way companies and even\Ngovernments were led and managed.
Dialogue: 0,0:03:38.52,0:03:41.88,Default,,0000,0000,0000,,Milton Friedman's pivotal op-ed\Nin the "New York Times"
Dialogue: 0,0:03:41.88,0:03:47.62,Default,,0000,0000,0000,,was followed by decades of concerted\Norganizing and lobbying
Dialogue: 0,0:03:47.62,0:03:49.97,Default,,0000,0000,0000,,by business-focused activists
Dialogue: 0,0:03:49.97,0:03:54.57,Default,,0000,0000,0000,,along with a sustained assault\Non every law and regulation
Dialogue: 0,0:03:54.57,0:03:59.34,Default,,0000,0000,0000,,that had once held businesses'\Nworst impulses in check.
Dialogue: 0,0:04:00.10,0:04:01.25,Default,,0000,0000,0000,,And soon enough,
Dialogue: 0,0:04:01.25,0:04:04.67,Default,,0000,0000,0000,,this new mindset had taken hold\Nacross every business school
Dialogue: 0,0:04:04.67,0:04:06.40,Default,,0000,0000,0000,,and across every sector.
Dialogue: 0,0:04:06.95,0:04:11.00,Default,,0000,0000,0000,,Profits were to be pursued\Nby any means necessary,
Dialogue: 0,0:04:11.00,0:04:13.32,Default,,0000,0000,0000,,unions were kneecapped,
Dialogue: 0,0:04:13.32,0:04:14.57,Default,,0000,0000,0000,,taxes were slashed,
Dialogue: 0,0:04:14.57,0:04:15.99,Default,,0000,0000,0000,,and with the same machete,
Dialogue: 0,0:04:15.99,0:04:17.65,Default,,0000,0000,0000,,so was the safety net.
Dialogue: 0,0:04:18.13,0:04:20.29,Default,,0000,0000,0000,,I don't need to tell you\Nabout the inequality
Dialogue: 0,0:04:20.29,0:04:22.37,Default,,0000,0000,0000,,that's been the result of these shifts.
Dialogue: 0,0:04:23.20,0:04:24.88,Default,,0000,0000,0000,,We all know the story well.
Dialogue: 0,0:04:25.17,0:04:29.48,Default,,0000,0000,0000,,The bottom line is that everything\Nthat turns a gig into a livelihood
Dialogue: 0,0:04:29.48,0:04:31.66,Default,,0000,0000,0000,,was stripped away from an American worker.
Dialogue: 0,0:04:32.27,0:04:33.44,Default,,0000,0000,0000,,Job security,
Dialogue: 0,0:04:33.44,0:04:34.72,Default,,0000,0000,0000,,paid sick days,
Dialogue: 0,0:04:34.72,0:04:36.14,Default,,0000,0000,0000,,vacation time --
Dialogue: 0,0:04:36.14,0:04:37.26,Default,,0000,0000,0000,,all of that went away
Dialogue: 0,0:04:37.26,0:04:42.56,Default,,0000,0000,0000,,even as the wealthy saw their net worths\Nbloat to unprecedented,
Dialogue: 0,0:04:42.56,0:04:45.28,Default,,0000,0000,0000,,and yes, unusable levels.
Dialogue: 0,0:04:45.46,0:04:48.92,Default,,0000,0000,0000,,Although if you're Scrooge McDuck\Nyou could change it all into gold coins
Dialogue: 0,0:04:48.92,0:04:50.60,Default,,0000,0000,0000,,and backstroke through it.
Dialogue: 0,0:04:51.28,0:04:54.18,Default,,0000,0000,0000,,So let me just address\Nthe Dumbo in the room.
Dialogue: 0,0:04:54.80,0:04:58.48,Default,,0000,0000,0000,,Yes, I am criticizing the company\Nthat bears my family's name.
Dialogue: 0,0:04:59.55,0:05:01.92,Default,,0000,0000,0000,,Yes, I think Disney can do better.
Dialogue: 0,0:05:02.60,0:05:06.79,Default,,0000,0000,0000,,And I believe that many of the thousands\Nof magnificent people
Dialogue: 0,0:05:06.79,0:05:10.19,Default,,0000,0000,0000,,who work at the Walt Disney Company\Nwish that it would do better
Dialogue: 0,0:05:10.19,0:05:12.13,Default,,0000,0000,0000,,just as much as I do.
Dialogue: 0,0:05:12.91,0:05:14.90,Default,,0000,0000,0000,,For almost a century,
Dialogue: 0,0:05:14.90,0:05:17.05,Default,,0000,0000,0000,,Disney has turned a pretty profit
Dialogue: 0,0:05:17.05,0:05:20.64,Default,,0000,0000,0000,,on the idea that families\Nare a kind of magic,
Dialogue: 0,0:05:20.64,0:05:22.96,Default,,0000,0000,0000,,that love is important,
Dialogue: 0,0:05:22.96,0:05:24.88,Default,,0000,0000,0000,,that imaginations matter.
Dialogue: 0,0:05:25.28,0:05:27.41,Default,,0000,0000,0000,,That's why it turns\Nyour stomach a little bit
Dialogue: 0,0:05:27.41,0:05:30.61,Default,,0000,0000,0000,,when I tell you that Cinderella\Nmight be sleeping in her car.
Dialogue: 0,0:05:31.06,0:05:32.34,Default,,0000,0000,0000,,But let's be very clear:
Dialogue: 0,0:05:32.34,0:05:34.45,Default,,0000,0000,0000,,this is not just about Disney.
Dialogue: 0,0:05:35.14,0:05:38.09,Default,,0000,0000,0000,,This is structural and this is systemic.
Dialogue: 0,0:05:38.47,0:05:42.19,Default,,0000,0000,0000,,No single CEO on his own is culpable
Dialogue: 0,0:05:42.19,0:05:45.32,Default,,0000,0000,0000,,and no single company\Nhas the wherewithal to buck this.
Dialogue: 0,0:05:45.52,0:05:46.52,Default,,0000,0000,0000,,The analysts,
Dialogue: 0,0:05:46.52,0:05:47.52,Default,,0000,0000,0000,,the pundits,
Dialogue: 0,0:05:47.52,0:05:48.52,Default,,0000,0000,0000,,the politicians,
Dialogue: 0,0:05:48.52,0:05:50.12,Default,,0000,0000,0000,,the business school curricula
Dialogue: 0,0:05:50.12,0:05:54.37,Default,,0000,0000,0000,,and the social norms drive the shape\Nof the contemporary economy.
Dialogue: 0,0:05:54.62,0:05:57.10,Default,,0000,0000,0000,,Disney is just doing what\Neverybody else does,
Dialogue: 0,0:05:57.10,0:05:59.20,Default,,0000,0000,0000,,and they're not even the worst offender.
Dialogue: 0,0:05:59.20,0:06:03.65,Default,,0000,0000,0000,,If I told you how bad it was for workers\Nat Amazon or McDonald's or Walmart,
Dialogue: 0,0:06:03.65,0:06:07.17,Default,,0000,0000,0000,,or any one of a thousand other places\Nyou've never heard of,
Dialogue: 0,0:06:07.17,0:06:11.100,Default,,0000,0000,0000,,it's not going to hit you as viscerally\Nas if I tell you that 73 percent,
Dialogue: 0,0:06:11.100,0:06:15.57,Default,,0000,0000,0000,,or three out of four of the people\Nwho smile when you walk in,
Dialogue: 0,0:06:15.57,0:06:18.20,Default,,0000,0000,0000,,who help you comfort that crying baby,
Dialogue: 0,0:06:18.20,0:06:21.90,Default,,0000,0000,0000,,who maybe help you have the best\Nvacation you ever have,
Dialogue: 0,0:06:21.90,0:06:24.42,Default,,0000,0000,0000,,can't consistently put food on the table.
Dialogue: 0,0:06:25.37,0:06:27.94,Default,,0000,0000,0000,,It's supposed to be\Nthe happiest place on earth.
Dialogue: 0,0:06:28.72,0:06:31.100,Default,,0000,0000,0000,,And the people who work there\Ntake incredible pride
Dialogue: 0,0:06:31.100,0:06:34.31,Default,,0000,0000,0000,,that they pursue a higher purpose.
Dialogue: 0,0:06:34.65,0:06:35.88,Default,,0000,0000,0000,,It's a higher purpose
Dialogue: 0,0:06:35.88,0:06:40.04,Default,,0000,0000,0000,,that both my grandfather and\Ngreat-uncle very intentionally built
Dialogue: 0,0:06:40.04,0:06:44.58,Default,,0000,0000,0000,,when they made it a place that honors\Nan interaction over a transaction.
Dialogue: 0,0:06:45.68,0:06:48.72,Default,,0000,0000,0000,,Now, I know that a word like magic\Nmakes you wonder
Dialogue: 0,0:06:48.72,0:06:50.88,Default,,0000,0000,0000,,if I've taken leave of my senses.
Dialogue: 0,0:06:51.54,0:06:55.39,Default,,0000,0000,0000,,I know it's hard to imagine\Nthat something as ephemeral as love
Dialogue: 0,0:06:55.39,0:06:58.47,Default,,0000,0000,0000,,can support a brand as big as Disney,
Dialogue: 0,0:06:58.47,0:07:00.38,Default,,0000,0000,0000,,and I know that it's hard to imagine
Dialogue: 0,0:07:00.38,0:07:05.01,Default,,0000,0000,0000,,that things as unquanifiable\Nas moral obligations
Dialogue: 0,0:07:05.01,0:07:06.72,Default,,0000,0000,0000,,should have any call on us
Dialogue: 0,0:07:06.72,0:07:10.30,Default,,0000,0000,0000,,when we seek to deliver\Nvalue to our investors.
Dialogue: 0,0:07:11.02,0:07:14.74,Default,,0000,0000,0000,,But accounting and finance\Ndon't run the world.
Dialogue: 0,0:07:15.86,0:07:17.42,Default,,0000,0000,0000,,Beliefs,
Dialogue: 0,0:07:17.42,0:07:18.77,Default,,0000,0000,0000,,mindsets --
Dialogue: 0,0:07:18.77,0:07:21.07,Default,,0000,0000,0000,,those are what drive business ethics.
Dialogue: 0,0:07:21.22,0:07:24.70,Default,,0000,0000,0000,,And if we're going to change\Nthose mindsets and belief systems,
Dialogue: 0,0:07:24.70,0:07:27.77,Default,,0000,0000,0000,,we're going to have to use the most\NDisney superpower out there.
Dialogue: 0,0:07:27.91,0:07:30.26,Default,,0000,0000,0000,,We're going to have to use\Nour imaginations.
Dialogue: 0,0:07:30.52,0:07:34.14,Default,,0000,0000,0000,,You're going to have to invite\NJiminy Cricket back to the party.
Dialogue: 0,0:07:35.30,0:07:39.59,Default,,0000,0000,0000,,Now, Jiminy Cricket might start\Nwith some low-hanging fruit,
Dialogue: 0,0:07:39.59,0:07:41.96,Default,,0000,0000,0000,,like, greed is not good,
Dialogue: 0,0:07:41.96,0:07:45.77,Default,,0000,0000,0000,,like the world is not divided\Ninto makers and takers,
Dialogue: 0,0:07:45.77,0:07:47.41,Default,,0000,0000,0000,,and that nobody ever,
Dialogue: 0,0:07:47.41,0:07:48.38,Default,,0000,0000,0000,,without any help,
Dialogue: 0,0:07:48.38,0:07:50.95,Default,,0000,0000,0000,,pulled themselves up\Nby their own bootstraps --
Dialogue: 0,0:07:50.95,0:07:54.49,Default,,0000,0000,0000,,if you know anything about physics\Nyou'll understand why that is.
Dialogue: 0,0:07:55.29,0:07:59.04,Default,,0000,0000,0000,,Jiminy might remind us that every\Nsingle person who works for us,
Dialogue: 0,0:07:59.04,0:08:00.86,Default,,0000,0000,0000,,without exception,
Dialogue: 0,0:08:00.86,0:08:03.14,Default,,0000,0000,0000,,whether they fill out the spreadsheets
Dialogue: 0,0:08:03.14,0:08:04.79,Default,,0000,0000,0000,,or change the bedsheets,
Dialogue: 0,0:08:04.79,0:08:08.44,Default,,0000,0000,0000,,deserves the respect\Nand dignity of living wage.
Dialogue: 0,0:08:08.71,0:08:10.31,Default,,0000,0000,0000,,It's as simple as that.
Dialogue: 0,0:08:11.11,0:08:14.67,Default,,0000,0000,0000,,And Jiminy might wonder\Nhow managers and employees
Dialogue: 0,0:08:14.67,0:08:19.34,Default,,0000,0000,0000,,could possibly have any kind\Nof empathy for each other
Dialogue: 0,0:08:19.34,0:08:22.98,Default,,0000,0000,0000,,when their workplaces\Nhave become so segregated
Dialogue: 0,0:08:22.98,0:08:25.31,Default,,0000,0000,0000,,that it seems normal and natural
Dialogue: 0,0:08:25.31,0:08:29.04,Default,,0000,0000,0000,,that an executive needs\Nan especially swanky place to park
Dialogue: 0,0:08:29.04,0:08:31.12,Default,,0000,0000,0000,,or eat or go to the bathroom
Dialogue: 0,0:08:31.12,0:08:34.95,Default,,0000,0000,0000,,or that an executive is too good\Nto pick up a piece of garbage.
Dialogue: 0,0:08:35.25,0:08:40.09,Default,,0000,0000,0000,,We are, after all, just the one species\Nliving together on just the one planet.
Dialogue: 0,0:08:41.38,0:08:44.92,Default,,0000,0000,0000,,Jiminy might ask us to question\Nsome of our dogma.
Dialogue: 0,0:08:45.84,0:08:50.54,Default,,0000,0000,0000,,Does a CEO really need to be paid\Nas much or more than every other CEO
Dialogue: 0,0:08:50.54,0:08:53.09,Default,,0000,0000,0000,,or is that just creating\Na competitive dynamic
Dialogue: 0,0:08:53.09,0:08:55.69,Default,,0000,0000,0000,,that's driving numbers\Ninto the stratosphere?
Dialogue: 0,0:08:56.25,0:09:00.51,Default,,0000,0000,0000,,He might wonder if boards really do know\Nall that they really need to know
Dialogue: 0,0:09:00.51,0:09:03.55,Default,,0000,0000,0000,,when they don't have frontline workers\Never at their meetings.
Dialogue: 0,0:09:04.81,0:09:08.39,Default,,0000,0000,0000,,He might ask if there's such a thing\Nas too much money.
Dialogue: 0,0:09:08.84,0:09:12.24,Default,,0000,0000,0000,,Or he might wonder if maybe we can\Nmake common cause
Dialogue: 0,0:09:12.24,0:09:13.47,Default,,0000,0000,0000,,with consumers,
Dialogue: 0,0:09:13.47,0:09:14.47,Default,,0000,0000,0000,,with workers,
Dialogue: 0,0:09:14.47,0:09:15.47,Default,,0000,0000,0000,,with companies,
Dialogue: 0,0:09:15.47,0:09:16.47,Default,,0000,0000,0000,,with communities,
Dialogue: 0,0:09:16.47,0:09:18.22,Default,,0000,0000,0000,,for all of us to come together
Dialogue: 0,0:09:18.22,0:09:22.14,Default,,0000,0000,0000,,to redefine this incredibly narrow idea
Dialogue: 0,0:09:22.14,0:09:25.72,Default,,0000,0000,0000,,of what the purpose\Nof a company really is.
Dialogue: 0,0:09:26.70,0:09:31.40,Default,,0000,0000,0000,,Jiminy would want us to remember\Nthat nobody works in a vacuum,
Dialogue: 0,0:09:31.40,0:09:33.81,Default,,0000,0000,0000,,that the men and women who run companies
Dialogue: 0,0:09:33.81,0:09:37.93,Default,,0000,0000,0000,,actively co-create the reality\Nwe all have to share.
Dialogue: 0,0:09:38.22,0:09:40.52,Default,,0000,0000,0000,,And just like with global warming,
Dialogue: 0,0:09:40.52,0:09:44.50,Default,,0000,0000,0000,,we are, each of us, responsible\Nfor collective consequences
Dialogue: 0,0:09:44.50,0:09:47.31,Default,,0000,0000,0000,,of our individual decisions and actions.
Dialogue: 0,0:09:48.64,0:09:51.92,Default,,0000,0000,0000,,I believe that the most profitable\Nbusiness ecosystem
Dialogue: 0,0:09:51.92,0:09:53.22,Default,,0000,0000,0000,,in the history of the world
Dialogue: 0,0:09:53.22,0:09:54.38,Default,,0000,0000,0000,,can do better.
Dialogue: 0,0:09:54.49,0:09:58.41,Default,,0000,0000,0000,,I believe we can take\Njust a little bit off of the upside,
Dialogue: 0,0:09:58.41,0:10:02.39,Default,,0000,0000,0000,,take a tiny bit of pressure off\Nthe speed at which things are happening.
Dialogue: 0,0:10:02.70,0:10:05.70,Default,,0000,0000,0000,,I believe that everything\Nwe lose in the short-term
Dialogue: 0,0:10:05.70,0:10:07.57,Default,,0000,0000,0000,,will more than make up for itself
Dialogue: 0,0:10:07.57,0:10:13.48,Default,,0000,0000,0000,,in an expanded landscape of moral,\Nspiritual and financial prosperity.
Dialogue: 0,0:10:13.93,0:10:15.57,Default,,0000,0000,0000,,I know what the cynics say,
Dialogue: 0,0:10:15.57,0:10:16.57,Default,,0000,0000,0000,,and it's true:
Dialogue: 0,0:10:16.57,0:10:18.58,Default,,0000,0000,0000,,you can't eat your principles.
Dialogue: 0,0:10:18.58,0:10:21.00,Default,,0000,0000,0000,,But you've can't breathe\Na basis point either,
Dialogue: 0,0:10:21.00,0:10:22.89,Default,,0000,0000,0000,,and neither can your children.
Dialogue: 0,0:10:23.22,0:10:26.75,Default,,0000,0000,0000,,I know I idolized my grandfather\Nprobably too much.
Dialogue: 0,0:10:26.96,0:10:29.05,Default,,0000,0000,0000,,He worked in very different times
Dialogue: 0,0:10:29.05,0:10:31.45,Default,,0000,0000,0000,,and those are times\Nnone of us want to go back to
Dialogue: 0,0:10:31.45,0:10:33.38,Default,,0000,0000,0000,,for all kinds of good reasons.
Dialogue: 0,0:10:33.80,0:10:37.08,Default,,0000,0000,0000,,I know there are a lot of CEOs today\Nwho are just as well-meaning
Dialogue: 0,0:10:37.08,0:10:39.85,Default,,0000,0000,0000,,and just as decent as my grandfather was,
Dialogue: 0,0:10:39.85,0:10:43.11,Default,,0000,0000,0000,,but they're working at a time\Nwith very different expectations
Dialogue: 0,0:10:43.11,0:10:45.70,Default,,0000,0000,0000,,and much more cutthroat context.
Dialogue: 0,0:10:46.10,0:10:47.82,Default,,0000,0000,0000,,But here's the good news.
Dialogue: 0,0:10:47.82,0:10:51.41,Default,,0000,0000,0000,,Expectations and contexts are made
Dialogue: 0,0:10:51.41,0:10:53.34,Default,,0000,0000,0000,,and they can be unmade too.
Dialogue: 0,0:10:53.73,0:10:56.78,Default,,0000,0000,0000,,There is so much to learn\Nfrom the simple integrity
Dialogue: 0,0:10:56.78,0:10:59.81,Default,,0000,0000,0000,,of how my grandfather\Nunderstood his job as CEO.
Dialogue: 0,0:11:00.73,0:11:04.12,Default,,0000,0000,0000,,Behind every theme park\Nand every stuffed animal,
Dialogue: 0,0:11:04.12,0:11:07.10,Default,,0000,0000,0000,,a handful of principles\Ngoverned everything.
Dialogue: 0,0:11:07.76,0:11:11.90,Default,,0000,0000,0000,,Every single person deserves\Nrespect and dignity.
Dialogue: 0,0:11:13.18,0:11:16.89,Default,,0000,0000,0000,,No one is too good\Nto pick up a piece of garbage,
Dialogue: 0,0:11:16.89,0:11:20.38,Default,,0000,0000,0000,,and always let conscience be your guide.
Dialogue: 0,0:11:20.79,0:11:23.91,Default,,0000,0000,0000,,We could all do worse\Nthan listen to Jiminy Cricket.
Dialogue: 0,0:11:24.62,0:11:25.80,Default,,0000,0000,0000,,Thank you.