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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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Expecting a group of highly educated, culturally fixed Ph.Ds who are excellent researchers to run their own operation may have been fine 80 years ago when educational operations were run, staffed, and
Barrier by Aaron Anderson on September 3, 2010
Culture change is hard.  Whatever the approach, its a long term proposition riddled with ambiguity.  If your tasked with leading a culture change initiative and are struggling with
Hack by David Graham IV on June 29, 2017
CoP's are "a group of people organized for a specific purpose around a shared set of values; who collectively care deeply about the purpose, adhere to the shared values and are selfless in their pursu
Co-Authored By Alex Perwich
Purpose Innovation driven “purpose bundles”, are products and services from variety of related and unrelated industry providers that are bundled togeth
Hack by Charles Prabakar on May 26, 2011
With most purpose agenda driven sustainability solutions, being centered around –just changing our personal choices to reduce the carbon footprint, as opposed to changing our lifestyle first, before c
Hack by Charles Prabakar on June 19, 2011
Taking responsibilities makes everyone feel important.
Hack by Alexis Nicolas on October 25, 2010
This hack looks at how an organisation or individual is able to cope with current complex environments to deliver high quality work in the required amount of time.
Hack by Paul Pöltner on August 14, 2011
In most organizations, the staff is so monopolized by day-to-day demands that innovation never seems the thing to do.
Hack by Butch Walker on June 14, 2012

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