We construct a measure of corporate purpose within a sample of US companies based onapproximately 500,000 survey responses of worker perceptions about their employers. We findthat this measure of purpose is not related to financial performance. However, high purposefirms come in two forms: firms that are characterized by high camaraderie between workers andfirms that are characterized by high clarity from…
Understanding the process of innovation has been a central concern of management researchers, but despite this progress, there remains much that we do not understand. Deepening our knowledge is critically important given the enormous environmental and social challenges we face as a society. Pursing incremental innovation will continue to be hugely important, but this paper argues that building a richer…
People say a business’s purpose is to make money, but it’s not: a business’s purpose is to fill a need for the market, and they get to thrive, as a byproduct of how well they can do that. A multimedia experience and invitation to the Laudato Si Challenge.
“Ecological economists share three general concerns that are neither adequately recognized in dominant academic and professional economic circles nor appropriately considered in political economic discourse,” writes Richard B. Norgaard of University of California, Berkeley
There is common ground in analysing financial systems and ecosystems, especially in the need to identify conditions that dispose a system to be knocked from seeming stability into another, less happy state.
Instead of growth at all costs, a new economic model allows us to thrive while saving the planet. How doughnut economics provides a new framework of thought, and the argument for taking ideas into policy reform.
Kate Raworth’s breakthrough framework tackling humanity’s 21st century challenge: to meet the needs of all within the means of the planet. In other words, to ensure that no one falls short on life’s essentials, while ensuring that collectively we do not overshoot our pressure on Earth’s life-supporting systems, on which we fundamentally depend.
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