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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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An  annual meeting for company management, staff, shareholders, and members of the general public to discuss issues such as company direction, policy, social and environmental impact.
Hack by Andy Chapman on May 10, 2012
Meaning and practice of "capitalism" will keep changing with changing times in the dynamic global economy.
Hack by Srinivasan Abhinavam on April 27, 2012
Organisational health is the effectiveness of an organisation in various environments and how the organisation responds to “changes in circumstances” by mobilizing its human as well as organisational
The central premise is that capitalism in its current form is not broken.  Merely that it cannot operate in a vacuum, and without moral foundation.
Hack by Graeme Gellatly on May 8, 2012
Leaders in educational institutions are facing new challenges, including increasing separation between traditional academic values and those of corporate ‘managerialism’.
Hack by Shelley Catlin on October 4, 2011
     Leadership equality means the responsibility of leading is divided evenly among us. Our influence is lateral as well as vertical, and those above us may need us most
Hack by Tom Wright on September 25, 2011
Let the business users who know VOTE. In IT there is always a backlog of desired projects. The same can happen in other areas of business.
Hack by alexander keenan on May 26, 2011
Large global corporations with enormous wealth, power and resources have the ability to positively (or negatively) impact global change and increasingly they are doing so in the area of disaster relie
Hack by Melanie Mark-Shadbolt on October 3, 2012
Both economic thought and management practice are based on the so-called free market economy or competitive markets and all measures of performance or success are always relative.To get out of this "c
Hack by Srinivasan Abhinavam on February 9, 2011
The risk in every innovation is that can produce a revolution or even worst anarchy...I think that especially in some countries and in some cultures, Management 2.0 could become a strong tool to contr
Hack by Giuseppe Satriani on July 10, 2011

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