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Putting Purpose Into Practice

The Economics of Mutuality

Gebonden Engels 2021 1e druk 9780198870708
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Samenvatting

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 globalization 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 organization.

This is the first book to provide 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. It outlines why corporate purpose is so important and how it can both address the major challenges the world faces today and deliver enhanced performance for business.

Fourteen detailed case studies illustrate how companies of different sizes, sectors, and geographies have put purpose into practice and their experiences of doing so. These cases give deep insights into the way in which companies can build purposeful businesses, map and shape their ecosystems, identify failures and problems, align management, and create partnerships to deliver their purposes against which they can measure their performance.

The achievement of purpose is a very real issue that every responsible leader in business, finance, and business academia must now face. This book will equip executives, managers, investors, and policymakers with the tools that they require to understand how the notion of corporate purpose should become a corporate reality.

Specificaties

ISBN13:9780198870708
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:432
Druk:1
Verschijningsdatum:4-3-2021

Lezersrecensies

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Inhoudsopgave

Part I
1:Introduction, Colin Mayer and Bruno Roche
2:Overview, Colin Mayer and Bruno Roche

Part II
3:Bread And Honey: Social Flourishing, Mutuality, and Economics, Martyn Percy
4:Roots of the Economics Of Mutuality, Jay Jakub
5:The Meaning of Mutuality, Catherine Dolan, Bojan Angelov, and Paul Gilbert
6:Mutuality and Concepts of Responsible Business, Alastair Colin-Jones and Sudhir Rama Murthy
7:Purposeful Ecosystem Orchestration, Sylvain Remy, Julie Kolokotsa, Jan Ondrus, Yassine El Ouarzazi, and Nicolas Glady
8:Ecosystem Orchestration in Practice, Yassine El Ouarzazi
9:Creating Cross-Sector Partnerships, Sudhir Rama Murthy and Alastair Colin-Jones
10:Measuring Non-Financial Forms of Capital, Francesco Cordaro, Alain Desdoigts, Justus von Geibler, and Claudia Senik
11:Building Social Capital, Marcel Fafchamps
12:Wellbeing at Work as Human Capital, Claudia Senik
13:Accounting for Natural Capital, Richard Barker
14:Implementing a Mutual Profit-And-Loss, Robert Eccles and François Laurent
15:The Impact of Mutual Profit on Business Behaviour, Robert Eccles and Judith Stroehle
16:Mutuality and The Potential of Microequity, Muhammad Meki, Kate Roll, and Simon Quinn
17:The Impact of Mutuality on Ownership, Jonathan Michie
18:The Influence of Large Investment Funds, Helen Campbell Pickford
19:The Impact of NGO Activism, Andreas G. F. Hoepner and Qian Li

Part III
20:Bel Group: Harnessing the Power of an Informal Distribution Network, Alastair Colin-Jones, Alexandra Berreby, Caroline Sorlin, Hannah Radvan, and Justine Esta Ellis
21:Marks and Spencer: A Food Sustainability Scorecard for Suppliers, Sudhir Rama Murthy, Mike Barry, and Justine Esta Ellis
22:Sabka Dentist: Taking Accessible Dental Care to Scale, Yassine El Ouarzazi, Lionel Khalil, Aida Hadzic, Kate Roll, Judith Stroehle, and Vikram Vora
23:Timberland and the Smallholder Farmers Alliance: Creating a Data-Driven Smallholder Cotton Supply Chain in Haiti, Hugh Locke, Atlanta McIlwraith, Lionel Khalil, and Kate Roll
24:Dell: The Business Case for a Sustainable Supply Chain, Louise Koch, Stephen Roberts, and Justine Esta Ellis
25:Interface Inc.: Turning an Environmental Problem Into a Business Opportunity, John Khoo, Miriam Turner, and Justine Esta Ellis
26:Solvay Chemical: A Tool For Identifying And Planning Sustainable Business Strategies, Justine Esta Ellis, Alastair Colin-Jones, Jean-Marie Solvay, and Michel Washer
27:Z Zurich Foundation: Building the Case for Effective Insurance in Flood Prone Areas, Helen Campbell Pickford, David Nash, and Justine Esta Ellis
28:Divine Chocolate: Creating Sustainable Value in the Cocoa Sector Through Mutual Ownership, Justine Esta Ellis, Alastair Colin-Jones, and Jamie Hartzell
29:Mondragon: Maintaining Resilience Through Cooperative Strategies, Justine Esta Ellis, Alastair Colin-Jones, and Ibon Zugasti
30:JD.com: Using E-Commerce to Alleviate Rural Poverty in China, Lydia J. Price, Liu Xiaowen, and Ni Jing Hua
31:Kate Spade New York: Integrating Social Purpose Into Core Business Operations, Taryn Bird, Aida Hadzic, Kate Roll, and Judith Stroehle
32:Mahindra Firstchoice: Orchestrating the Used Cars Ecosystem, Ben Jackson and Genevieve Joy
33:Novo Nordisk: An Ecosystem Approach to Preventing Diabetes, Ben Jackson and Yassine El Ouarzazi

Part IV
34:Conclusion, Colin Mayer and Bruno Roche

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