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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531 Stories
16 Barriers

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Maori philosophical practices and principles are inspiring and engaging: True culture in the workplace

Maori Businesses and Organisations are often intergenerational and the strategic vision has been set in history or created to establish a future for the next generation. The vision is often... Read more

Story by Nancy Tuaine on December 18, 2011 1 Comments

Arabian Knights. A tale of leadership transformation with Iraqi Deans.

The Foundation for Technical Education in Iraq wanted a world-class development model for its College CEO's (Deans). It drew from the UK's acclaimed leadership development programme for College... Read more

Story by Tony Nelson on January 17, 2012 46 Comments

Building Leaders: Sharing Leadership Development initiative at ING life India

Talent Management practice designed and implemented as a product/process for talent sustainability Objective: To identify and manage talent in the organization as a “... Read more

Story by ramesh dasary on January 17, 2012 0 Comments

Managing Talent - The P-Ring Way

Managing and Retaining Key Talent has always been a challenge for organizations. With high performance comes an ambition to break free and P-Ring provides a framework to create an enriching... Read more

Hack by Amit Mohapatro on January 10, 2012 0 Comments

Engaging a critical friend

Engaging senior level experience in a constructive way by creating critical friends. Read more

Hack by Mark P. McDonald on August 30, 2011 2 Comments

Exorbitant Executive Salaries = Resources Wasted On Those Who Don't Need Them

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 see that executive compensation has,... Read more

Barrier by Aaron Anderson on April 28, 2011 3 Comments

Being a true learning company and being free of management: living the dream

Update to our semi-final entry (a kind of preface) This update summarises our story and focuses on two key principles that shape our work. We also give illustrations of how other organisations we... Read more

Story by Andres Roberts on February 25, 2011 3 Comments

The Amazon Rainforest, 3 College Kids & a B-Corp

What do kids know about creating a company anyway? Well, 3 24-yr old Brown University ('08) grads didn't know how to do it the "right" way, so they did it their way. They started Runa, a Fair Trade... Read more

Story by Deborah Mills-Scofield on January 30, 2011 4 Comments

CoachingOurselves: No money, No time but we need management development that really 'works'!

Three rounds of layoffs, just off-shored our software dev. to Eastern Europe and got acquired by our competitor. The management team and I figured some sort of management development program might... Read more

Story by Phil LeNir on October 9, 2010 19 Comments

Usability and management approach of web2.0 technology to leverage the business outcome.

Social media is an easy, proactive, real time mass communication approach about connecting people. It provides the strongest tools that ever the management can think to interact with the... Read more

Hack by Avijit Saha on July 19, 2011 1 Comments

Social Responsibility Ab Initio

Traditionally firms develop their social responsibility skills after they grow and mature. The culture of business and economical conditions delay these skills to later stages. It may seem viable... Read more

Hack by Erkin Tunca on March 19, 2011 3 Comments

Energize and Sustain Communities of Passion (CoPs) by Building Virtues into the Organization’s DNA

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... Read more

Hack by Deborah Mills-Scofield on June 27, 2011 5 Comments