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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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Industries and markets are led by organizations that have great products and services.
Hack by Bibi N. Alli on September 28, 2016
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
 The mission and responsibility of corporate management is to steer the company to reach its goals.
Hack by János Pál NÉMETH on April 27, 2013
Atmospheric visualization opens the mind and broadens the perspective by employing sketches which are made during the meeting or workshop.
Hack by Erwin Pfuhler on December 12, 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
The World may well be on a trajectory which alters it's environment such that it is prematurely unsustainable for human-kind to exist.
Hack by Greg Stevenson on May 26, 2011
Employees’ hidden talent can give wings to an organization. Too often, management itself is the obstacle.
Hack by Vivek Pai Kochikar on December 19, 2011
Social media is an easy, proactive, real time mass communication approach about connecting people.
Hack by Avijit Saha on July 17, 2011
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

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