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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.

97 Stories
163 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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“If passion is not aroused, not much is going to happen, and responsibility will never has a chance.” Harrison Owen“Leadership everywhere” is impossible under the premises of the organizational model
Hack by Agustin Jimenez on July 8, 2013
Lately, I read an article in Business Week by a so called expert… in the second sentence the expert made the comment that you should love what you do.Recently, on Good Morning America a reporter was i
Story by Jim McGriff, Jr. on May 5, 2015
The radical fix highlighted is the top down approach of corporate social responsibility trickling all the way to employee’s job description and performance appraisal system.
Porter's Five Forces Model has been used in MBA level and other business courses on college campuses since it was invented by Michael Porter just over 30 years ago.
Hack by Aaron Anderson on June 25, 2010
I have no intention of adding to the twisted mythology of leaders as special creatures.
Story by Eric Kaufmann on July 18, 2013
The management religion of PROCESS re-engineering has led to the rationale of splitting “front office” from "back office" functions  with the outsourcing and off-shoring of "non core" functions.Y
Hack by Lorne Mitchell on September 23, 2011
Managers in medium to large companies spend an incredible amount of time planning operations and finance.
Hack by Julien Delvat on February 12, 2014

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