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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Common purpose organisations are collectives of individuals, come together to achieve a particular purpose that accords with a common purpose of fulfilment without harm for everyone (staff, customers,
Hack by Ben Wallace on March 30, 2012
Capitalism will not change if those of us providing the capital don't begin to remove financial incentives for short-term behavior.
Hack by Jeffrey Cherry on May 10, 2012
The typical environment in any Flying Training Establishment (FTE), has wilfully forced the management to focus all their resources towards a Safety Branded Industry with ulterior motives of Economic
Hack by Aruna Ranganathan on December 19, 2012
Do you seek a greater work/life balance? Would you like next year to be the most exciting year your family has ever had together?
Story by Joe Sharp on July 25, 2014
Talking about resilience and adaptability of organizations, monasteries may be an interesting area to learn from.
Story by Michael HIRT on June 1, 2011
If companies want to become innovative, executiveshave to undestand that problem solvong organizations have to be managed very differently from performance oriented ones.
Hack by L Prasad on November 18, 2011
Open Source Capitalism is the convergence of political, economic and social systems into an ecosystem of mankind whereby human potential can flourish at its highest level.
Story by Dan Schmitt on April 28, 2012
I was into a very senior search assignment with a stakeholder who is very well known , powerful yet a laeder who takes a lot of time to really open up .
Story by NAVEEN KHAJANCHI on July 8, 2013
A corporate vision to be effective must be communicated to the first line employee. First line managers are critical to this process.
Story by Jim McGriff, Jr. on October 9, 2015
People are behind the world’s biggest business success stories. That’s why it’s important for entrepreneurs to focus on building the best possible team right from the start.
Story by Bhakti Rajapurkar on August 5, 2019

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