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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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Maori Businesses and Organisations are often intergenerational and the strategic vision has been set in history or created to establish a future for the next generation.
Story by Nancy Tuaine on December 15, 2011
The Foundation for Technical Education in Iraq wanted a world-class development model for its College CEO's  (Deans).
Story by Tony Nelson on October 18, 2011
Rather than find a way to continually spend over $1M on executive developent, or even worse eliminate this type of program, Avaya used our own virtual immersive world technology to place our seni
Story by Bonnie Davis on July 18, 2011
“The central principle behind the success of the giants born in the Web 1.0 era who have survived to lead the Web 2.0 era appears to be this, that they have embraced the power of the web to harness co
Story by John mushriqui on July 18, 2011
Our society is obsessed with celebrities and their many faults, but to what extent.
Story by L. Blake Harvey on June 30, 2011
Talking about resilience and adaptability of organizations, monasteries may be an interesting area to learn from.
Story by Michael HIRT on June 1, 2011
For many leaders, "being transformational" means, just pursuing opportunities that fit their company's faith based visions and goals.
Story by Charles Prabakar on May 31, 2011

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