It's time to reinvent management. You can help.

Focus the work of management on a higher purpose

"We need companies that feel like movements."

Most companies strive to maximize shareholder wealth—a goal that is inadequate in many respects. As an emotional catalyst, wealth maximization lacks the power to fully mobilize human energies. It’s an insufficient defense when people question the legitimacy of corporate power. And it’s not specific or compelling enough to spur renewal. Individuals need a compelling answer to the question, “What’s worth my life?” And organizations must offer a compelling case for why what they do matters—an original and persuasive blueprint for where their industry could and should be going. Going forward, management practices must focus on the achievement of socially significant and noble goals.

107 Stories
164 Hacks
12 Barriers

Focus the work of management on a higher purpose

"We need companies that feel like movements."

Most companies strive to maximize shareholder wealth—a goal that is inadequate in many respects. As an emotional catalyst, wealth maximization lacks the power to fully mobilize human energies. It’s an insufficient defense when people question the legitimacy of corporate power. And it’s not specific or compelling enough to spur renewal. Individuals need a compelling answer to the question, “What’s worth my life?” And organizations must offer a compelling case for why what they do matters—an original and persuasive blueprint for where their industry could and should be going. Going forward, management practices must focus on the achievement of socially significant and noble goals.

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The Finance Innovation Lab is a place where people can bring their good ideas about how to change the financial system and do something positive with them.The Lab was launched in 2008, in the wake of
Story by Ilana Taub on May 11, 2012
 Create a culture of local purpose in a company rather than just tasks and goals based activities, and create a purpose based organisation ready for adaptation.  Create a vision and engage a
Hack by Julien Pascual on July 17, 2013
Want to conceive of a higher purpose for your organization?  Design a strategy that works in an open and borderless world? Transcend traditional management trade-offs?
Hack by Erika Ilves on June 7, 2010
There's a crisis in management, and that's because everyone is fighting fires with the same old methods. It is like being on a treadmill that you can't get off.
Hack by Stephen Remedios on November 1, 2011
The traps that hold back new talent may be the very traditions dubbed as excellent where you work! Innovation requires risk - and novelty  surpasses traditions that drive most organizations
Hack by Ellen Weber on July 10, 2011
The Secret  waits for the insight of eyes unclouded by longing, Those that are bound by desire see only the outward container.
Hack by Rohit Kashyap on September 17, 2010
As I'm currently working on my annual employee evaluations(including my self-eval which I write and my boss puts his signatureon), I'm struck by how much time I sink into them and how useless theyreal
Hack by Aaron Anderson on June 5, 2010
When we build leaders, our efforts are often ineffective. People listen but don't execute. They forget 80% of what they learn and can't usually execute 50% of what they do remember.
Hack by Matt Shlosberg on May 25, 2010
The Internet is perhaps the most transformative technology in history, reshaping business, media, and society in astonishing ways.  But for all its power, it is just now being tapped to transform

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