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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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The capitalist drive to create new technology, design new products and pursue new opportunities has had some very positive results for society.
Hack by Shaun Neeley on October 3, 2012
Marry Innovation and LeadershipAn Innovative Leader influences by engaging Self, culture and systems equally. Lleadership and innovation are innately connected, and share a deep commonality with
Hack by Maureen Metcalf on August 30, 2012
Co-Authored By Mark Palmer
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
The Bay Area Social Impact Collaboration Zone (BASIC-Z) solves community challenges by gathering ideas from many disparate sources and puts the best ones into practice. The goal is for a diversit
Hack by Bobby Fishkin on May 11, 2012
This hack introduces Stakeholder Enrichment as a theory and practical application designed to advance Capitalism by rebooting the underlying motivators of self-interest and creating more evolved corpo
Hack by Linda Braasch on May 11, 2012

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