The Magazine of Corporate Responsibility

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Grappling with the Challenges of the ‘Purpose Journey’(0)

April 24, 2014

Columnist Gael O’Brien continues her look at the “purpose journey” and what it can mean for individuals and organizations. While having purpose helps, it also brings obligations. “The dark side of purpose,” she writes, “is that once you start talking about it, you can’t lead wearing blinders because accountability for impact comes with the territory.”

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Would ‘Lehman Sisters’ Have Been Able to Avert the Financial Crisis?

If there had been more women in executive positions on Wall Street, would they have responded differently to the danger signs leading up to the 2007-2008 financial crisis? A new academic study – “The Lehman Sisters Hypothesis” – concludes that empirical literature backs the claim that “more gender diversity in finance, and particularly at the top, would help to reduce some of the behavioral drivers behind the crisis.”

How a Culture of Purpose Can Help Business Thrive

A “culture of purpose” helps a company, writes columnist Gael O’Brien, because it “ignites the talents, aspirations and sense of service of the men and women within the organization who, by how they work together and the impact that results, have the potential to lead a company to become what it is capable of becoming.”

Olympic Lesson for Business: Failure Can Build Resilience

Olympic athletes “remind us that no one is too big to fail and rather than fear it, they train themselves to acknowledge mistakes, find out how to correct them, and try again,” writes columnist Gael O’Brien. “It is a lesson of resilience that makes everyone a winner. And it works in board rooms as well.”


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