Purpose is at the core of all value-driven work. It answers the question of what an organization is and what value they contribute to their context. Contrary to what is often said, it is rare a company’s true purpose to be a money-making machine. Many companies have rather the goal of contributing vital services and products to the communities they appear within. For that a company should be true its purpose needs they act and act in relation to it in all theirs operations. It shows the connection between business, society and people and highlight how we are all interconnected and dependent of each other to flourish.
Understanding the knowledge that exists in the relationships. Being able to address the interests of stakeholders and walking in their shoes is priceless for companies in all industries. Products and services are being developed to improve people’s lives, and understanding empathy is fundamental to successful and responsible business. A company who works successfully with the ability Empathy has it present through relationships throughout the value chain – from distributors, to employees, to customers and to society generally.
To manage to navigate in a fast-changing world needs companies the ability to understand their own role in the system, our common challenges and how they are connected. Many of the problems encountered by society today is a result of decisions taken limited insight into possible consequences. More and more stakeholders in all stages expect more of corporate action and system strategy is a key component to make sure that going from what we consider is the best today, to tomorrow’s practice.
The community development company meets going amazingly fast; digitization, globalization, political instability and challenged financial markets to name a few. In order to be able to adapt, companies need to handle these ever changing landscapes by constantly learning new things and organizing themselves based on the current situation. Transformation involves a new form of problem solving, necessary to navigate forward and break new ground.