Leading with purpose: What it takes and why it’s so important
Purpose has always been important. In fact, over the past 20 years, companies with clear social purpose have outperformed the S&P. Yet, in today’s increasingly socially conscious world, I believe it’s even more paramount. So, what does it take to lead with purpose? From my observations, the best CEOs ask themselves why their company exists and then make purpose an intrinsic part of the business model. They know that by testing strategy against purpose they’ll not only open up new areas of growth, they’ll also likely enhance employee loyalty and well-being.
?According to McKinsey, 70% of employees now demand purposeful work, and customers are also making choices based on purpose and sustainability. In another McKinsey article, they discuss the disengagement some employees feel and how they’re gravitating toward organizations that have a clear and positive impact on the world. In other words, what companies say about their motives and how they support that sentiment with action matters a lot.
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?It's why I’m sharing this video now. By putting our commitment into words, we enable its growth. Employees become even more empowered to put customers first. Our mission to drive technology with purpose takes on new meaning. Team members who share our passion for a more efficient, sustainable and resilient world are supported and rewarded. Customers get the real value and real results they need.
?Every time we become a trusted guide on a customer’s journey, every time we’re there for the long haul, making the complex easier to understand and implement, our purpose grows more powerful. Throughout this year, I’m excited to share stories that exemplify this commitment and strength. Stay tuned to learn more about how we’re helping companies like EV Gateway, Pratt & Whitney, Nexii, 80Acres, and others create a future they can be confident and proud of — one that’s predictable, profitable, sustainable, and resilient.
Entrepreneur. Brand Builder. Philanthropist.
2 年Well said, Ruth.
Germany's Top40under40 // NVIDIA Inception Program // Bringing Multi-Agent AI to the heavy industries the world relies on
2 年????
Asst Vice President & Head of Operation, SCM and Procurement - Eternia (Hindalco Industries Ltd) at Aditya Birla Group
2 年Good article Ruth ??