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Friday 23 April 2021

The human purpose of business

In our lifetimes the purpose of business is being reformed. The idea that this was, exclusively, to make shareholders wealthier is dying (slowly). In relation to the climate emergency, boardrooms have the language (eg net zero) but need more action. But on the human and social side purpose of business our language is lacking (argues Douglas Board). After Grenfell and similar events we react with outrage: but what can guide us beforehand, capturing the positives of commerce as well as its problems?

A thinker and writer on leadership and a coach, in yesterday's HeartEdge workshop Wizards, Muggle Crust and the Human Purpose of Business Douglas (@BoardWryter) drew on his book ‘Elites: can you rise to the top without losing your soul?’ to propose that the human purpose of business is to create places (organisations, systems, communities) of extraordinary achievement in which ordinary lives matter. 

He then discussed that proposal with his guests: Jo Hill, a career regulator; Monisha Shah, Committee on Standards in Public Life; Professor David Grayson CBE, an international thought leader and campaigner on responsible business; and Revd Dr Sam Wells, Vicar of St Martin-in-the-Fields. View their conversation at https://www.facebook.com/506026059544325/videos/2750438071885864 and read Douglas' introduction to his proposal here.

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Pierce Pettis - Instrument.

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