Charles Wookey, CEO of A Blueprint for Better Business As purpose-led businesses take centre-stage, Robert Phillips, Founder of Jericho Chambers and Charles Wookey, CEO of Blueprint for Better Business, ask to whom should business leaders be accountable – and for what?Read More
Soulla Kyriacou is COO of A Blueprint for Better Business
Purpose is having a moment. From Larry Fink’s letter to CEOs back in 2018 to the changes in the UK Corporate Governance Code, and more recently the statement on purpose from the US Business Roundtable. There is now a growing expectation that every business should be clear about its purpose.
Investors can play a significant role in advancing the purpose movement through their investment decisions and active ownership as well as through themselves being purpose-led businesses.Read More
Dee Corrigan, Head of Corporate Engagement, A Blueprint for Better Business
On 10th September 2019, Dee spoke at the CRF event, Responsible Business: How does HR Drive the Agenda? She explores the power of purpose and the importance of understanding how the way we view other people shapes our workplaces. You can find her presentation here: CRF Presentation – Dee Corrigan – Blueprint
Speakers included Nick Dalton, Unilever, Dee Corrigan, Blueprint for Better Business, David Grayson, Cranfield School of Management, and our own Carmen von Rohr. These post meeting notes provide by the CRF summarise the key messages from the day: Responsible Business: How can HR Drive the Agenda?
Charles Wookey, CEO, A Blueprint for Better Business
Read my thoughts in full here
181 CEOs have signed the Business Roundtable Statement on the Purpose of a Corporation committing to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders.
We recently conducted some research which found that there is a shortage of trust and reciprocity in our relationships at work.
Our survey of 1,000 business professionals discovered that building relationships with colleagues is frequently done out of necessity, rather than desire. We think that this needs to change, as there is so much to be gained when knowledge, time and support is shared between colleagues and friends. Organisations are more successful, and individuals are much happier.
Written by Charles Wookey
When my oldest son first went to primary school, his warm and wise reception teacher summed him up well: “that boy is on permanent fast-forward”. We never did find the pause button. Even now, at 28, sitting still is not his forte. I’ve long realised that his father is partly to blame. My own nature is to crack on with life, filling each day with as much content as possible, and running when walking might do. Read More
Anxiety about giving colleagues negative feedback is one reason more than half of employees get no regular feedback at all. Vicky Grinnell-Wright of A Blueprint for Better Business and psychologist Sarah Rozenthuler offer tips for delivering constructive criticism. Read More
Written by Julia Rebholz, originally published in People Management
We need to start seeing people as individuals with limitless potential and trust them to make decisions, says Julia Rebholz
Top-down pyramidal structures are producing stressed-out middle managers, low productivity and poor working relationships. While this style of management was relevant for 1960s manufacturing jobs, in our 21st century service-based economy it is outdated and ineffective. Read More
The Purposeful Company: Policy Report – Blueprint Statement
A Blueprint for Better Business warmly welcomes the publication of The Purposeful Company: Policy Report. We are glad to have been involved as contributors in this important project.
The opening two sections of the report describe the core beliefs and aims. They also describe what a purposeful company is, and why purpose is so important. The essential point, which is foundational also for our work at Blueprint, is the recognition that a purposeful company is fundamentally oriented to serving society, and where profit is seen as the outcome not the purpose. As the report states: “The purposeful company contributes meaningfully towards human betterment and creates long term value for all stakeholders”. A company is more than a web of transactions. It is a human community whose flourishing depends on, and is partly constituted by, the quality of relationships with employees, customers, suppliers and wider society. Read More
A report by The Centre for Social Justice (CSJ) was released today. Entitled “Everyone’s Business: Making Business Work for All“. The report is timely as it reflects the mood that the social problems we face as a society require collaboration from all parts of society rather than an allocation of separate roles to government, business and society. Each contributes to, and draws from, the totality of society that sustains them.
It was encouraging to hear at the launch that a common theme of both the CSJ spokespeople and the invited Minister, Nick Hurd MP, was the message to business that “what they do matters” in creating a fairer society that includes dignity and social mobility. The call was to recapture the narrative about the broader good that business contributes to society rather than to allow the dominant narrative to be about the self interested people and businesses that disrespect people and use society for financial ends. With that position of influence, and encouragement, comes responsibility and the “how they go about their business” is something they should be, and should seek to be, judged by. Judged not just by society at large but also by the business community, as the strong evidence base that the report draws on shows that “not thinking about social responsibility harms your business “.