For whom does the company exist?

Author: Earl S.
Publisher:
Publish Date: 2005-05-01
Features: Earl S.'s vivid and comprehensive discussion on the purpose of organizations can help leaders truly understand who they are, where they are going, and how to get there, as well as how to achieve great results for themselves. Any thoughtful leader can greatly benefit from this book. — Jerry I. Posner (Professor at the Stanford Graduate School of Business) Any manager or expert in company research acknowledges the importance of a company's purpose, but no one has ever specifically addressed it. Earl S. book fills this important gap in the field. The book discusses the impact of a company's purpose on strategy, management methods, and the meaning of work from the perspectives of corporate strategy and human resources. It proposes that shifting a company's purpose from shareholder supremacy to customer supremacy is not only key to achieving good results for the company but also essential for improving the living standards of the company's customers and employees. The author of this book is currently a professor at the Claremont Graduate School, founded by Peter Drucker. With over 20 years of teaching senior executives at the school and his extensive case studies, as well as his experience as a company executive, he has recognized the crucial role of a company's purpose in its performance and long-term development. This enables him to explore the topic deeply from both theoretical and practical perspectives. The loud and clear voice of this work should often be listened to by those pursuing studies in business schools.