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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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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.
Hack by Erkin Tunca on March 17, 2011
Manager’s today are often referred to as insincere, uncaring, disconnected, and unsupportive.
Hack by Maria Pinkling on March 16, 2011
This hack is on how Management could try and improve customer experience
Hack by Nancy Joel on March 16, 2011
To bring about a person’s full capacity is true motivation.  In order to accomplish such a goal an incentive program in which personalized incentives are executed for each employee will result in
Hack by Devin Stewart on March 15, 2011
Decision makers change organizations from time to time.Organizations come and go.Instead of measuring whole organizations, measure the impact of the decision makers.
Hack by David Rader on March 14, 2011
With 120 employees, tens of thousands of external collaborators and 150 million users around the world, the ever-growing open-source Internet browser Mozilla Firefox has made itself a model
Hack by Lucus on March 14, 2011
Both economic thought and management practice are based on the so-called free market economy or competitive markets and all measures of performance or success are always relative.To get out of this "c
Hack by Srinivasan Abhinavam on February 9, 2011
Create a public event series where organisations can safely experiment with future of work concepts and crowd source solutions to meaningful problems with the community 
Hack by Simon Waller on January 17, 2011
Organisational health is the effectiveness of an organisation in various environments and how the organisation responds to “changes in circumstances” by mobilizing its human as well as organisational

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