The power of shared beliefs

Have you ever asked yourself why armies are vastly cooperative groups? Why are religious groups so coherent? Why are gangs so well organized? The answer lies in the beliefs and ideologies that people share. Ideological beliefs (i.e., culture) are what reduce conflicts of interests among the same group of individuals. The more you share the […]

Two kinds of companies operate in the world.

The first seeks to maximize the positive impacts for people through solving the problems facing them. The other maximizes profits by ignoring or creating problems. The first one is genuinely empowering people, and the other one is negatively impacting them. Which one is your business?

Purpose speaks louder than words

What really matters in creating, building and achieving something great are the actions not the words. Purpose is an action not contemplating statement. Most companies envision building a better world, but their actions contradict their words. They lack the fuel to do that. Vision entices the imagination, purpose propels action. In other words, actions speak […]

Purpose vs passion. Which comes first?

Most people spend their lives in pursuit of discovering their passions. The fact is that purpose ignites passion not vice versa. People try hard to ignite their passions, but they fail. Knowing what you truly stand for sparks off passion. Nelson Mandela’s purpose, Former President of South Africa was to end apartheid and achieve freedom […]

Purpose vs vision, mission and goals

The confusion over the difference between purpose, vision, mission and goals has led most businesses to develop an organizational fatigue. They operate in a labyrinth. If the destination is wrong, setting goals and measuring progress do not work. Let’s quickly clear the confusion and redefine the definitions.

When the business final impact reveals the shocking truth

The final impact of the business determines the soundness of its purpose. Let’s discuss this statement by using Barclays bank whose purpose, mission and corporate strategy are great learning tools that we can use to better our understanding. Let’s first dissect Barclays’ purpose: Creating opportunities to rise. We are a company of opportunity makers working […]

Leading advantage vs competitive advantage

In 2016, I wrote a post titled “The real competitive advantage in any business is one word only which is people” which outlines the fact that the failure of most businesses stems from their inability to determine why they exist. What are they trying to achieve? Using a competitive advantage implies competitiveness and encourages businesses […]