The Power of Connection: The Nguni Bantu term “ubuntu” is often translated as “I am because we are.” Ubuntu is a philosophy that includes the essential human virtues; compassion and humanity. Recently, the Business Roundtable declared that they are changing their businesses’ focus from the old Milton Friedman view to one that states all stakeholders are essential, not just profits …
Business Jargon: For several years now, the business community has been using the term “pivot.” It is certainly not the first, nor do I believe it will be the last term that the business community appropriates from other disciplines. For me, the word pivot conjures up mental images of levers and gears moving around a pin or bearing. Secondary images …
Mindset: I like that new word—“Newmal.” We know that the significant disruption of our economy means that there is no going back to normal. The new pastime is trying to predict what the new economy will be. What businesses will survive? Which will thrive? What new opportunities will there be? Business leaders have always attempted to predict what was changing …
Values: As leaders, our employees, customers, and other stakeholders have always watched us. What they are looking for is how we act. Our actions are what reveal our values. “We are social beings, neither economic man, nor altruistic saints. We crave esteem and belonging, and these underpin our moral values.” — Collier, Paul. The Future of Capitalism (p. 50). Harper. …