It's time to reinvent management. You can help.

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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A recent study by the economists from MIT, UOC and CMU, suggest that financial incentives, no longer are the primary motivational drivers of increasing business performance, especially when it comes t
Hack by Charles Prabakar on October 17, 2011
After 20 years of working in the Industry in which my first job was to make copies and my last the top executive position in the same company, I have gathered data from more than 300 managers I have w
Hack by jorge pelaez on October 14, 2011
Leaders in educational institutions are facing new challenges, including increasing separation between traditional academic values and those of corporate ‘managerialism’.
Hack by Shelley Catlin on October 4, 2011
We've all heard the term 'talent management' before and seen it used to varying degress of success.  Often it's some mysterious happening that occurs around the boardroom table once a year, requi
Hack by Vicki Caisley on September 28, 2011
The Big Idea: Creating an organizational transformation story through the eyes of the leaders of the organization Concept: Almost all organizational changes/transform
Hack by rahul kumar on September 25, 2011
     Leadership equality means the responsibility of leading is divided evenly among us. Our influence is lateral as well as vertical, and those above us may need us most
Hack by Tom Wright on September 25, 2011
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
In Corporate Strategy at NBCUniversal, I believe what we do matters.
Hack by Benjamin Decker on September 17, 2011
Engaging senior level experience in a constructive way by creating critical friends.
Hack by Mark McDonald on August 30, 2011

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