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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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People are behind the world’s biggest business success stories. That’s why it’s important for entrepreneurs to focus on building the best possible team right from the start.
Story by Bhakti Rajapurkar on August 5, 2019
Consistency is not foolish to me. I make sure I follow the same routine daily. I think this consistency if good for my coworkers and my employees.
Story by Jim McGriff, Jr. on October 29, 2015
strategic orientation often goes along with abstract, high level goals. that´s very helpful to see all stakeholders, to include possible future trends and to open up new perspektives.
Story by Andreas Rehklau on January 10, 2012
No money, no power, no establishment but leading more than US $1.5 billion organization to enter a new manufacturing technology and make a global business out of technology developed by me.
As a surveyor engaged in the measurement of many school buildings and grounds, Alison Watson was inspired by the enthusiasm and curiosity demonstrated by the many children and young people she encount
Story by Alison Watson on October 5, 2010
Do you seek a greater work/life balance? Would you like next year to be the most exciting year your family has ever had together?
Story by Joe Sharp on July 25, 2014
A large company’s president is making a summary closing for his top executives. He has several items to focus on during the year. He gets to one goal; communicate, communicate, communicate.
Story by Jim McGriff, Jr. on October 14, 2012
The Chief Executive Officer of my Company said, “Our customer must be in the center of everything we do.” I am not sure the company’s first line managers are acting on this statement.
Story by Jim McGriff, Jr. on March 1, 2016
Leaders today face unprecedented challenges.  Those leaders that stand out, take a stand, and make a difference are what I define as renegade leaders...  
Story by Debora McLaughlin on January 11, 2012

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