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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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When Managers talk of people they actually mean the Knowledge and experience they carry in their heads.
Barrier by Nayantara Prasad on August 20, 2010
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
One of my friend working in a big multi national company (Culturally diverse), was talking to me and said that : "Dude, My Boss told me to control my enthusiasm of how I do stuff!!, And it was really
Barrier by Tap Kham on September 1, 2012
I've always admired CEOs who forgo multimillion dollar salary payments, like Jobs at Apple,but if you drill into the pay-scales at the top companies, you can seethat executive compensation has, well f
Barrier by Aaron Anderson on April 27, 2011
Practice of any wisdom demands organization and discipline. Personnel today lack the time, energy and volition to self-organize practice of management-wisdom.
Barrier by Raj Kumar on August 28, 2010
While keen tone skills offer more opportunities to collaborate -  as we draw from people's excellent ideas and insights in any discussion -  innovation loses when tone is lost.
Barrier by Ellen Weber on September 16, 2010
Almost a century ago the following analogy could be made:"A criminal is a person with predatory instincts who has not sufficient capital to create a device for obtaining profit without ta
Barrier by Alexandru Bodislav on January 26, 2013
Until we promote leaders through mindful transparency, unskilled bosses will continue to hold innovation hostage at the helm.
Barrier by Ellen Weber on September 25, 2010
Perhaps the most common failure of individuals and organizations that need to change is either that they do not seek the broader view that offers new choices, or that they do not explore the deeper ro
The Indian market is witnessing an exponential increase in the Small and Medium-sized enterprises (SMEs) with the direct rise in global opportunities.
Barrier by Ramesh Dasary on November 19, 2012

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