The Economics of Higher Purpose
- Author Anjan V. Thakor, Robert E. Quinn
- Narrator Wayne Shepherd
- Publisher Ascent Audio
- Run Time 6 hours and 29 minutes
- Format Audio
- Genre Business and Management, Management: leadership and motivation, Organizational theory and behaviour, Working patterns and practices.
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What to expect
Managers are taught that employees are self-interested and work resistant, so they create systems of control to combat these expectations. The result? These gloomy assumptions become self-fulfilling prophecies, workforces tend to underperform and resist control, and managers undermine their own effectiveness in a vicious cycle.
But when an authentic higher purpose permeates business strategy and decision-making, the cycle is broken. Employers and employees fully engage, become proactive contributors to purpose, and exceed expectations. Long-term economic benefits follow.
Robert E. Quinn and Anjan J. Thakor offer a new logic that builds on the assumptions of economics and opens a new path to clearly identifying an organization's higher purpose and integrating it with the organization's strategy. They offer a practical and counterintuitive eight-step approach to articulating higher purpose and show how to weave it into the fabric of the organization.
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