Deep Purpose: The Heart and Soul of High-Performance Companies

Deep Purpose: The Heart and Soul of High-Performance Companies

  • Downloads:6131
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2022-02-14 06:51:39
  • Update Date:2025-09-06
  • Status:finish
  • Author:Ranjay Gulati
  • ISBN:0063088916
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

A distinguished Harvard Business School professor offers a compelling reassessment and defense of purpose as a management ethos, documenting the vast performance gains and social benefits that become possible when firms manage to get purpose right。

Few business topics have aroused more skepticism in recent years than the notion of corporate purpose, and for good reason。 Too many companies deploy purpose, or a reason for being, as a promotional vehicle to make themselves feel virtuous and to look good to the outside world。 Some have only foggy ideas about what purpose is and conflate it with strategy and other concepts like "mission," "vision," and "values。" Even well-intentioned leaders don't understand purpose's full potential and engage half-heartedly and superficially with it。 Outsiders spot this and become cynical about companies and the broader capitalist endeavor。

Having conducted extensive field research, Ranjay Gulati reveals the fatal mistakes leaders unwittingly make when attempting to implement a reason for being。 Moreover, he shows how companies can embed purpose much more deeply than they currently do, delivering impressive performance benefits that reward customers, suppliers, employees, shareholders, and communities alike。 To get purpose right, leaders must fundamentally change not only how they execute it but also how they conceive of and relate to it。 They must practice what Gulati calls deep purpose, furthering each organization's reason for being more intensely, thoughtfully, and comprehensively than ever before。

In this authoritative, accessible, and inspiring guide, Gulati takes readers inside some of the world's most purposeful companies to understand the secrets to their successes。 He explores how leaders can pursue purpose more deeply by

navigating the inevitable tradeoffs more deliberately and effectively to balance between short- and long-term value;building purpose more systematically into every key organizational function to mobilize stakeholders and enhance performance;updating organizations to foster more autonomy and collaboration, which in turn allow individual employees to work more purposefully;using powerful storytelling to communicate a reason for being, arousing emotions and building a community of inspired and committed stakeholders; andbuilding cultures that don't merely support purpose, but also allow employees to link the corporate purpose to their own personal reasons for being。As Gulati argues, a deeper engagement with purpose holds the key not merely to the well-being of individual companies but also to humanity's future。 With capitalism under siege and relatively low levels of trust in business, purpose can serve as a radically new operating system for the enterprise, enhancing performance while also delivering meaningful benefits to society。 It's the kind of inspired thinking that businesses--and the rest of us--urgently need。

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Reviews

Kelly Leonard

I basically read a business book every week, so I tend to see very familiar patterns and ideas delivered in pretty similar forms。 "Deep Purpose" is different。 Ranjay Gulati presents evidence-based ideas in an often surprising and delightful manner。 He's not throwing out facts and figures - he's telling us a story。 And this story is an important one。 Too often we draw a distinction between our work and the human condition。 Why? To what extent? Our work cannot flourish if we don't flourish。 Deep p I basically read a business book every week, so I tend to see very familiar patterns and ideas delivered in pretty similar forms。 "Deep Purpose" is different。 Ranjay Gulati presents evidence-based ideas in an often surprising and delightful manner。 He's not throwing out facts and figures - he's telling us a story。 And this story is an important one。 Too often we draw a distinction between our work and the human condition。 Why? To what extent? Our work cannot flourish if we don't flourish。 Deep purpose is how we move from transactions to transformations。 I highly recommend this book。 。。。more

Rajshree Agarwal

Ranjay Gulati's book "Deep Purpose" is a tour de force that illustrates why and how truly successful businesses are moral enterprises, resulting from productivity, integrity and a sense of purpose。 The book is a must read for current and aspiring leaders who are committed to "making the world a better place, by doing something important to themselves。" While the first part of this purpose statement is now a cliche--given its overuse and superficial grandiosity--Deep Purpose reminds us it need no Ranjay Gulati's book "Deep Purpose" is a tour de force that illustrates why and how truly successful businesses are moral enterprises, resulting from productivity, integrity and a sense of purpose。 The book is a must read for current and aspiring leaders who are committed to "making the world a better place, by doing something important to themselves。" While the first part of this purpose statement is now a cliche--given its overuse and superficial grandiosity--Deep Purpose reminds us it need not be so if you connect this aspiration to your own values。The "why" of Deep Purpose begins with identifying the values--the soul--embodied in an organization's purpose。 With purpose in the driver's seat, one can then reject its false dichotomy with profit。 Gulati masterfully blends years of thought leadership in academia with rich field work to illuminate how leaders can and have leveraged businesses to solve thorny problems and scale these solutions for lasting impact。 Deep Purpose illustrates how purpose with profit can integrate "commercial logic" with "social logic。" Using the principles of Deep Purpose, leaders of "Profit First" can move their organizations from doing well to also doing good。 Equally important, leaders of "Good Samaritans" can unleash their good by harnessing profit and market principles。 Inspiring us with the "why," Deep Purpose also delivers on the "how。" It abandons the "nirvana fallacy" of idealists and injects healthy realism of how to make difficult decisions when commercial and social logics seemingly conflict with each other。 The art of the tradeoff provides useful lessons on how leaders prioritize and achieve the long-term achievement of purpose in crafting their strategy。 Gulati showcases how Deep Purpose provides four levers for profitability: it creates a north star, helps create and sustain long term relationships, develops an authentic reputation, and motivates employees and trade partners to expend effort towards achieving high performance。 And in so doing, it aligns all stakeholders towards win-win outcomes rather than adopting an "us" vs。 "them" mindset。If you are interested in why and how you can be a force of good in the world, Deep Purpose is a must-read for you。 。。。more

Mahan Tavakoli

I read lots of books and am a big fan of purpose-driven leadership。 While some books address why purpose is important, in this book Ranjay Gulati goes much deeper, providing frameworks and thinking tools that enable organizations to navigate the messy process of becoming purpose-driven。 Working on purpose is an ongoing process and this book serves as a great THINKING, DOING, and BEING guide for Deep Purpose!

Laura Juarez

The world needs more of these types of books, and this one is such a great guide for leaders considering and/or on the path of deeper purpose。 Ranjay Gulati walks you through the antidote of the mistakes he's seen leaders make; giving a useful roadmap on how to both articulate a meaningful purpose that matters, engage stakeholders, and embed into the fabric of every day work。 Also entertaining with lots of stories from the wild that Ranjay Gulati has amassed through is research。 I'm always parti The world needs more of these types of books, and this one is such a great guide for leaders considering and/or on the path of deeper purpose。 Ranjay Gulati walks you through the antidote of the mistakes he's seen leaders make; giving a useful roadmap on how to both articulate a meaningful purpose that matters, engage stakeholders, and embed into the fabric of every day work。 Also entertaining with lots of stories from the wild that Ranjay Gulati has amassed through is research。 I'm always particularly drawn to books that share the evidence behind a concept。 This book has that in spades。 。。。more