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“Without a sense of purpose, no company, either public or private, can achieve its full potential; it will ultimately lose the license to operate from key stakeholders.”
LARRY FINK
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432 reads
MORE IDEAS ON THIS
Empathy
Companies usually look at what customers want or need.
They need to understand the feelings of the customers, their motivations and empathize with customers beyond the product, at a grassroots level.
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126 reads
The new skills required
As companies work towards their purpose, these are new skills they need to learn:
- Empathy
- Global movement
- Employee orientation towards meaningful work.
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97 reads
Helping Employees find meaning
Good, purpose-led values that drive work in the charity sector needs to be cultivated at the workplace.
Corporates should unlock the purpose and motivation that a charity has, by making their employees find meaning in their work, and helping society, starting from their workforce.
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89 reads
A crucial Alliance
To make real progress, governments, civil society, companies, and charities must come together and form an alliance.
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165 reads
Human Well-being
As companies strive to become more meaningful, purpose-led, sustainable and connected to human well-being, they are seeing increasing value among stakeholders and customers.
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130 reads
Global Movement
Normally, companies are spending top dollar in marketing and lobbying around economic agendas, to increase their profit share in the market.
They need to have a similar global movement towards social causes, using the resources they have, to have a real impact.
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Understanding an Equity Market
Equity markets are the meeting point for buyers and sellers of stocks. The securities traded in the equity market can either be public stocks, which are those listed on the stock exchange, or privately traded stocks.
When companies are born they are private companies, and after a certain t...
Important ⚡⚡⚡
Generally, the transition from private to public is a key time for private investors to cash in and earn the returns they were expecting.
Private shareholders may hold onto their shares in the public market or sell a portion or all of them for gains.
Visibility And Agency
Companies should invest in new technologies and processes that give all employees visibility into emerging opportunities within the company, and the agency to pursue them.
The dangers of companies sticking with an ‘out of sight, out of mind’ approach it that they might just...
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