Topics

Purpose


How Do You Create a Product that Matters?

How Do You Create a Product that Matters?

Whatever industry you are in, whatever kind of buyer you target, whatever distribution system you use, whatever your promotional budget,you can’t afford for your product to be a lemon. It needs to stand out from the field in unique and meaningful ways. This can be hard to accomplish when you’re working to business-as-usual. After all, your competition is generally using the same technology, same ideology, and same processes to create, distribute, and promote its products. And, even if you are able to jump ahead of the competition in some significant way, they’re able to...
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Why Every CEO Should Pursue a Purpose Beyond Profit

Why Every CEO Should Pursue a Purpose Beyond Profit

It’s textbook management practice to formalize a company’s “mission, vision and values.” And while these are important steps in helping form a direction and way of being for a company, many CEOs are nonetheless challenged with a litany of business issues: Unengaged employees An inability to attract the new talent needed Customer defection Lack of marketplace differentiation Dissatisfied shareholders This list goes on and on, doesn’t it? Behind each of these business challenges is a big question: How can my business matter more to people? When your business truly...
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Culture Shock – Will McInnes Envisions Truly Meaningful Work

Culture Shock – Will McInnes Envisions Truly Meaningful Work

The power of meaningful work is  topic we have been writing on for years. When Culture Shock was released, we were more than intrigued. Culture Shock: A Handbook for 21st Century Business is a fascinating read from Will McInnes. McInnes provides an insightful and helpful guide to leaders who are challenged by today’s turbulent environment. Exploring the concept of the “social business”, he covers a breadth of topics relevant to leadership in the 21st Century, including “purpose and meaning”, “conscious leadership”, “change velocity”, and...
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The Purpose-Pivot

The Purpose-Pivot

Why smart brands are adding meaningful metrics We recently came across a Huffington Post article, “Meaning is the new money,” that posits the notion of the  purpose-pivot.  According to the author, Blanca Rothschild, the term is a combination of “pivot” (being capable of turning around fast based on new knowledge, from Eric Ries’s book “Lean Startup”), and “purpose” (working to an ambition that transcends the goal of making a profit). In summary, a purpose-pivot is an idea that is “applied in a multi-dimensional way across all stakeholders, and involves redesigning HOW we succeed to include...
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Purpose-Driven Business

Purpose-Driven Business

McKinsey’s Vision of Businesses as Problem Solvers We recently came across an older and rather interesting article from McKinsey that speaks to the imperative of business to become increasingly purpose-driven. The article starts with the words, “Capitalism is under attack.” It then offers new definitions for prosperity, growth, government, and capitalism itself: a conscious capitalism. Then it goes on to explain what business needs to do: “We believe that a reorientation toward seeing businesses as society’s problem solvers rather than simply as vehicles for creating shareholder...
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Purpose-led Business Leaders Gain Competitive Advantage

Purpose-led Business Leaders Gain Competitive Advantage

We recently came across this Fast Company article about purpose-led business leaders who are changing the way business works by embracing purpose. Here we recap its main points, and add additional perspective. Generation Flux is a group defined less by age than by attitude. According to the article’s author, Robert Safian, Generation Flux “refers to the group of people best positioned to thrive in today’s era of high-velocity change.” Safian continues, “Fluxers are defined not by their chronological age but by their willingness and ability to adapt. These are the people who are...
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Win by Going Beyond Features and Benefits

Win by Going Beyond Features and Benefits

Convincing minds by capturing hearts: the new brand-building approach What comes first? The rational decision to take the next step on the path to purchase, or the emotional trigger that gets them started on that path? Aren’t we humans cool? We pride ourselves on our cognitive skills, our ability to weigh pros and cons, and our decision-making power. After all, these factors separate us from other life forms. We also prefer to emphasize our thoughts because we are able to talk about them, explain them, and defend them. However, what is clear is that we are emotional beings. We navigate...
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Brand Strategy: Why Are Purpose and Feelings so Important Now?

Brand Strategy: Why Are Purpose and Feelings so Important Now?

Brand Strategy: Why are purpose and feelings so important now? An emotive brand is the persona-driven presence and experience of an organization that has proactively decided to orient itself around a meaningful and purposeful promise. Such brands do so with the intent of emotionally connecting to people on a deep level, by addressing core human needs. Most significant, an emotive brand strives to forge these attitude and behavior changing connections both inside and outside their organizations. To summarize, an emotive brand is:  – Proactively meaningful across all its actions  –...
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Purpose-Led Brands: Is Purpose Only Created by Adopting a Cause?

Purpose-Led Brands: Is Purpose Only Created by Adopting a Cause?

There is a fantastic post from PR company Edelman on their notion of “purpose”. They see purpose as the next evolution of cause marketing. They point to 1983 as the start of cause marketing, when American Express sponsored the restoration of the Statue of Liberty by having each American Express Card purchase trigger a donation to the cause. They now claim we are in “Cause 4.0”, which leads to what is called “Social Purpose”. This is all about business doing well by doing good, but is it really only cause marketing? We don’t believe that a business...
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Should You Aspire to Have a Meaningful Brand?

Should You Aspire to Have a Meaningful Brand?

The idea o a  “meaningful brand” is taking industry by storm as more and more enterprises look for ways to prevail in the 21st Century, a time of great change and innovation. Should you join this bandwagon? Not before you fully understand what it means to be a meaningful brand, what it entails from an organizational change point of view, and what it can do for your business. Here, we provide top-line answers to a few of the most commonly asked questions. What is a meaningful brand? A brand transcends the market when it decides to look beyond the profit agenda and see its business...
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