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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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Rules are daemons. They reproduce themselves and suppress human potential such as autonomy, sympathy and altruism.Tokio Marine & Nichido Fire Insurance Co., Ltd.
Story by Tsukasa Makino on October 30, 2013
What do we mean by the statement: "P-CED takes the bottom line one step further: to people, past numbers" ? It begins in 1996 with the question of how the economy could better se
Story by Jeff Mowatt on July 20, 2013
I have no intention of adding to the twisted mythology of leaders as special creatures.
Story by Eric Kaufmann on July 18, 2013
A chance question during a seminar exposed a cultural norm at Menlo Innovations that confounds most corporate thinkers. Menlo has no hierarchy. They are a team in the truest sense of the word.
Story by Richard Sheridan on July 14, 2013
A decade apart and a continent away, two stories in dramatically different settings reinforce the idea that “leaders everywhere” is a universally applicable construct.
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.
I was into a very senior search assignment with a stakeholder who is very well known , powerful yet a laeder who takes a lot of time to really open up .
Story by NAVEEN KHAJANCHI on July 8, 2013
For 43 years, the Center for Creative Leadership has dedicated itself to the research and teaching of leadership across the world.
Story by Stephen Remedios on June 11, 2013
The First Line Manager: You Have Got to Have Passion About Our BusinessA President of a major electric utility summarized his executive team meeting with the following statement.
Story by Jim McGriff, Jr. on May 31, 2013

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