The world of business leadership has shifted dramatically in the past few years – from stockholder capitalism to stakeholder. A higher purpose is what businesses need to be about and companies need to take a stand on societal issues.
There’s one big problem though: today’s leaders weren’t trained for this new world. There was no class for this in business school. In some ways, it’s the wild west – a new frontier with no map. And C-suiters are struggling to find the way forward.
As a result, there’s a vacuum in purpose leadership. Company purpose is often toothless and company social activism backfires.
How do CEOs navigate this new terrain? How do CHROs build this new culture of leadership into the employee experience? How do CMOs build purpose effectively into their brand?