A year of unprecedented change has prompted leaders to rethink the purpose of business, and the public to expect more from them. While stakeholder capitalism sounds like the solution, many companies and leaders fear they can’t afford it, doubt its effectiveness, or are not sure where to begin and how to move forward—especially during a global crisis.
In THE HEART OF BUSINESS: Leadership Principles for the Next Era of Capitalism (Harvard Business Review Press; May 4, 2021), Hubert Joly—former CEO of Best Buy and orchestrator of the retailer’s spectacular turnaround—unveils his personal philosophy to achieving extraordinary outcomes for all stakeholders by putting purpose and people first.
According to Joly, the “Heart of Business” is about pursuing a noble purpose, putting people at the center, creating an environment where every employee can blossom, and treating profit as an outcome, not the goal. At the heart of business is the idea that “work is love made visible” and that companies can be a force for good by serving people.
Joly’s approach is easy to understand; putting it into practice is harder. It requires a radical rethink of how we view work, how we define companies, how we motivate, and how we lead. To help with this journey, Joly shares memorable stories, lessons, and practical advice, many drawn from his own personal transformation from a hard-charging McKinsey consultant to a leader who believes in human magic.
Courtesy of the AmCham - Harvard Business Review Press collaboration, via Tatarklubben - Top Thinkers for Top Managers, the AmCham Live with HBRP series of virtual events are open to AmCham Romania members, free of charge.
Date Wednesday, May 26, 2021
Timeline 20:00 pm - 21:00 pm
Location Virtual Event