Categories: Technology Facts

Profits and purposeon October 20, 2020 at 10:00 pm

Now, Henderson says, businesses must rethink their role. The compelling narratives in her book follow individuals at the helm of companies like Unilever, Toyota, and Walmart as they pursue profits and purpose with equal ambition.

“At one level, the book is about how there is a business case for business to save the world,” she says. “But the other thing is that we’ll only take advantage of that business case if we think about our mission as businesspeople in a different way–if we are purpose driven, if we think about ourselves as members of a broader community, if we bring our full humanity to work.”

Those values are reflected in Henderson’s life. At MIT, she was fueled by a mechanical engineer’s desire to see the bigger picture: “It really bothered me that I would drive past a factory and not know what was going on inside it,” she recalls. After graduating in 1981, she became one of the first women at the McKinsey office in London and then, curious to understand why some organizations resisted change, embarked upon a PhD in business economics at Harvard. Years later she returned as faculty, and her MBA students encouraged her to write a book. “Sometimes students say, ‘What’s the one thing we should take away?'” she says. “I say, ‘Love the ones you’re with and live the life you have, because that’s all we have.'”

“That’s why I tried to make the book personal,” she says. “I don’t think we’ll solve the problems we face unless we really get personal.”

Send book news to:
MITNews@technologyreview.com or
MIT News, 1 Main Street, 13th Floor
Cambridge, MA 02142

Read More

Recent Posts

Lower Costs, Better Results: B2B Sales VoIP Phone Systems

In the modern sales landscape, B2B sales prioritize cost reduction, productivity, and efficiency. Businesses continue…

11 hours ago

Enhancing Academic Success: Effective Study Skills for High School Students

Table of Contents Introduction to Study Skills The Importance of Time Management Developing Active Reading…

3 days ago

How RIM Is Changing the Manufacturing Industry

Technological advancements in manufacturing keep improving efficiency and production speed. Learn how RIM is changing…

3 days ago

Shining a Light on Medicare and Medicaid Fraud: A Comprehensive Guide

Key Takeaways Medicare and Medicaid fraud drains financial resources and harms patient care. Recognizing signs…

4 days ago

How Sending Holiday Cards Can Benefit Your Business

As a business owner, knowing how to use holiday cards to your advantage is important.…

4 days ago