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In The Face Of Constant Change, The Nature Of Business Must Evolve Rapidly If It Is To Remain Relevant To Society At Large. How Then Should Business Change To Meet The Requirements Of The 21st Century, In Which Unbridled Globalisation And Technological Advancements Are Having Profound Affects On The Wellbeing And Prosperity Of Both The People And The Planet? The Achievement Of Purpose Is The Key To Successful Transformation - Not Just Having A Purpose, But Making That Purpose Real At Every Level Of The Organisation. This Book Provides A Precise Description Of How Companies Can Put Purpose Into Practice. Based On A Groundbreaking Research Project Undertaken Jointly Between The Saïd Business School At The University Of Oxford And Mars Catalyst, The Think Tank Of Mars Inc., It Provides A Highly Accessible Account Of How Companies Should Determine And Implement Their Corporate Purposes.
How can modern corporations effectively integrate a meaningful purpose into their operational frameworks to ensure long-term relevance and societal contribution? Bruno Roche and Colin P. Mayer argue that the traditional profit-centric model of business is insufficient for the challenges of the 21st century. Drawing on extensive research conducted through the Saïd Business School at the University of Oxford and the Mars Catalyst think tank, the authors present a structured methodology for aligning corporate strategy with broader societal and environmental well-being. They contend that purpose must transition from a theoretical statement to an actionable, embedded component of organizational decision-making.
What You Will Find
Scope Limits
Experts recognize this work as a significant contribution to the discourse on stakeholder capitalism and corporate governance. Readers frequently note the practical utility of the framework for executives seeking to bridge the gap between corporate mission statements and daily operational reality.
Page Count:
432
Publication Date:
2021-01-01
ISBN-10:
019264369X
ISBN-13:
9780192643698
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