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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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A good set of ideas In the age of neuroscience, in this day and age where we are beginning to understand how ideas impact neuronal growth and decay (at the bouton synapse connection p
Hack by Gary Deines on October 8, 2010
Meaning and practice of "capitalism" will keep changing with changing times in the dynamic global economy.
Hack by Srinivasan Abhinavam on April 27, 2012
Executive's with maturity or inner motivation issues can slow or stop any change required in structure or in processes, if these affect their power or status.
Instead of managers occupying a level above front-line workers, why not have them work under and for them? 
Hack by Josh Harrington on September 19, 2010
The risk in every innovation is that can produce a revolution or even worst anarchy...I think that especially in some countries and in some cultures, Management 2.0 could become a strong tool to contr
Hack by Giuseppe Satriani on July 10, 2011
Capitalism will not change if those of us providing the capital don't begin to remove financial incentives for short-term behavior.
Hack by Jeffrey Cherry on May 10, 2012
Marry Innovation and LeadershipAn Innovative Leader influences by engaging Self, culture and systems equally. Lleadership and innovation are innately connected, and share a deep commonality with
Hack by Maureen Metcalf on August 30, 2012
Co-Authored By Mark Palmer
An  annual meeting for company management, staff, shareholders, and members of the general public to discuss issues such as company direction, policy, social and environmental impact.
Hack by Andy Chapman on May 10, 2012
The central premise is that capitalism in its current form is not broken.  Merely that it cannot operate in a vacuum, and without moral foundation.
Hack by Graeme Gellatly on May 8, 2012
This hack is on how Management could try and improve customer experience
Hack by Nancy Joel on March 16, 2011

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