Abstract
This chapter shows how the CEOs of “purpose-driven organizations” fundamentally manage in accordance with their basic values. In this way, they ensure the loyalty of their employees, customers, suppliers, and a wide range of stakeholders. For instance, the CEOs of “purpose-driven organizations” do not pursue growth and profits for their own sake. In short, they are not willing to do anything that will compromise their basic values.
The chapter also argues that if the CEOs of “purpose-driven organizations” choose to start businesses that are highly disruptive to existing industries, then it is highly likely they would set up special funds to help retrain workers for new jobs.
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© 2016 The Editor(s) (if applicable) and The Author(s)
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Mitroff, I.I. (2016). Wisdom: How the Leaders of Purpose-Driven Organizations Manage from Their Values. In: Combatting Disruptive Change. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-60044-8_5
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DOI: https://doi.org/10.1057/978-1-137-60044-8_5
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Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-137-60043-1
Online ISBN: 978-1-137-60044-8
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