{"product_id":"leading-with-purpose-the-new-corporate-realities-hardcover","title":"Leading with Purpose: The New Corporate Realities - Hardcover","description":"\u003cp\u003eby \u003cb\u003eRichard R. Ellsworth\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThis book explores corporate purpose- a company's expressed overriding reason for existing-and its effect upon strategy, executive leadership, employees, and, ultimately, on competitive performance. The author challenges the conventional wisdom that corporations should be dedicated to shareholder wealth creation, and argues that instead the path to competitive advantage and outstanding long-term financial performance lies in a customer-focused corporate purpose.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003eThis book explores corporate purpose--a company's expressed overriding reason for existing--and its effect upon strategy, executive leadership, employees, and, ultimately, on competitive performance. Sharply challenging the conventional wisdom that corporations should be dedicated to shareholder wealth creation, the author presents a compelling argument that the path to competitive advantage and outstanding long-term financial performance lies instead in a customer-focused corporate purpose. \u003cbr\u003eThe book is in four parts. Part I shows how corporate purpose exerts a powerful effect on strategy, management, and the meaning employees derive from their work. A customer-focused purpose harmonizes these critical factors and enables leaders to push strategic thinking deeper into the organization and at the same time to grant employees a greater degree of autonomy. In contrast, a goal of maximizing shareholder wealth sows the seeds of conflict among the market-oriented purpose, product-focused strategies, and the individual values of employees. \u003cbr\u003ePart II critiques the logic of \"value-based management\" and the relationship of the firm to the equity markets. It explores the validity of extending traditional concepts of property rights to share ownership, concluding that the separation of stock ownership from the responsibility for, and managerial control over, corporate actions makes traditional property rights arguments inapplicable to the underlying assets of a corporation. \u003cbr\u003ePart III examines the functioning of corporate purpose in a global economy. When a firm operates globally, purpose needs to retain its motivational power across national boundaries, which a shareholder-focused purpose does not do. \u003cbr\u003ePart IV explores the implications of corporate purpose for leaders, arguing that infusing an organization with a worthy purpose is an essential responsibility of leadership. Purpose is the foundation for the shared values that define organizational character, raise moral aspirations, and enhance performance. Drawing upon a wide range of thought from the world of business as well as from historical studies, cultural anthropology, philosophy, theology, and psychology, Leading with Purpose is sure to be an essential text as businesses move into the twenty-first century.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003eVivid and encyclopaedic in his description of organizational purpose, Ellsworth helps leaders truly understand the tremendous impact that knowing who you are has on where you go and how you get there. In these globally turbulent times, any thoughtful leader will benefit greatly from this book.--Jerry I. Porras, Lane Professor of Organizational Behavior and Change, Stanford Business School, and co-author of Built to Last: Successful Habits of Visionary Companies\u003cbr\u003e\"A truly unique effort. I know of no other book that takes for its centerpiece the concept of purpose and then refracts it so meaningfully through the prism of the modern corporation. Ellsworth argues forcibly for a strong point of view and moral imperative in the corporation, brilliantly presenting a book of immense importance.\"--Warren Bennis, University of Southern California, Graduate School of Business Administration\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eRichard R. Ellsworth is Professor of Management at the Peter F. Drucker Graduate School of Management at Claremont Graduate University. He is the co-author (with Joseph L. Badarocco, Jr.) of \u003ci\u003eLeadership and the Quest for Integrity.\u003c\/i\u003e\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 424\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.14 x 9.34 x 6.32 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 30, 2002\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42131163873415,"sku":"9780804743853","price":75.6,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/42981db5a22f82fd3b6b4c3d5fd3317e.webp?v=1732616813","url":"https:\/\/booksby.splitshops.com\/products\/leading-with-purpose-the-new-corporate-realities-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}