article thumbnail

The Evolving Role of the Board of Directors in Sustainability and Ethics

N2Growth Blog

Hence, responsible business practices improve reputation and efficiency, ensuring long-term viability. It calls for courageous leadership from a board willing to innovate, collaborate, and inspire others to follow. The board’s responsibility is multi-faceted, embracing environmental, economic, and social dimensions.

Ethics 217
article thumbnail

How to Discover Your Organization’s Deep Purpose

Skip Prichard

They know that for deep purpose to take hold, both their daily actions and long-term strategic plans must be consistent with the overarching purpose. Based on my research, I have found that when leaders practice deep purpose, their long-term financial performance actually improves in comparison with their convenient-purpose counterparts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Drive Strategies By Assessing Your Company Capabilities

N2Growth Blog

Customer Loyalty: Is the firm preferred among its customers? How easy is it for a customer to shift to another provider? Can assets be turned quickly to meet short-term obligations? Product Strength: Where does the firm’s product set sit within the industry? What segment of the market do they serve?

Strategy 261
article thumbnail

Useful Tips To Help Your Business Run Smoothly Post-Pandemic

Strategy Driven

Have a browse around your industry area and see what’s new, or if you’re innovative, then now is the perfect time to start creating and discovering. Even if you decide you want to stick with what you know and what you’ve got, you can’t go wrong implementing a computerised maintenance management system, or CMMS for short.

Tips 74
article thumbnail

Great Leadership isn’t about control. It’s about Empowering people.

Brigette Hyacinth

In the short term, they may produce results but in the long run they leave a trail of destruction in their path. “It Reduced Innovation – When employees feel like their ideas are invalid or live in constant fear of criticism, it’s eventually going to take a toll on creativity. Steve Jobs.

article thumbnail

Forget Brand Preference – Win the Brand Relevance War

Strategy Driven

In his groundbreaking new book, Brand Relevance : Making Competitors Irrelevant, David shows how any company can use the “brand relevance” strategy to achieve long-term, competitive success. Brand Relevance provides the tools companies need to generate innovative offerings that can create long-term financial success.

Brand 56
article thumbnail

Why Some Digital Companies Should Delay Profitability for as Long as They Can

Harvard Business Review

This has led to high levels of AWS specific investment from innovators like CloudHealth Technologies, Qubole, Mapbox, and the like. How can you continuously defer short term profitability to grow your network effect? Invest today to build an ecosystem, demonstrate value, drive network effects, and create customer loyalty.