BlackRock CEO Larry Fink has spoken again, and this year he’s raising the bar.
A year ago, Fink wrote a letter to CEOs that sent shockwaves through the business community. Directed at those companies where BlackRock invests, Fink set out an imperative for companies to take a longer-term view of business value. Some responded skeptically to his challenge, while others struggled to find a path to that vision.
This year Fink gets more specific, advocating for practices BlackRock believes will drive sustainable, long-term growth and profitability. He is also looking for business to step up to some very real challenges. Read More
As we begin 2019, I’ve been reflecting on what it means to be a purposeful leader. For the CEOs I work with, purpose and values inform both their personal approach to leadership and how they build higher performing organizations. These leaders are not only focused on the long-term success of their own companies – they are also working together to build a better world. It’s inspiring to talk to them about their vision of what business can be.
It’s easy to get caught up in our busy lives, but the new year is a good time to pause. Here I’ve outlined a set of questions that I hope will help you reflect on yourself, your company, and your community and get clear on what you want to accomplish this year. Read More
Articulating an inspiring purpose statement is an important step in helping your purpose take hold. If done right, the purpose statement is known throughout the company and is foundational to the strategy. It is embedded in the DNA of the organization.
A stated purpose is a means to demonstrate your commitment to long-term value as well as short-term results. It sparks the innovation that will help you stay competitive in a rapidly changing marketplace. It ignites the passion in your people and engages your top talent, so they stay, grow, and thrive with you.
Yet purpose-driven organizations often struggle to translate their higher ambition aspirations into a concise purpose statement. Read More