Intended Consequences, Hemant Taneja
Intended Consequences, Hemant Taneja
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Intended Consequences
How to Build Market-Leading Companies with Responsible Innovation

Author: Hemant Taneja, Kevin Maney, Kenneth I. Chenault

Narrator: Steve Menasche

Unabridged: 5 hr 18 min

Format: Digital Audiobook Download

Published: 01/25/2022


Synopsis

A company's mindset—its intent to do good, avoid harmful consequences, and innovate responsibly—is not enough. That mindset must be supported by a business model, a mechanism that leaders must intentionally and proactively build along with the company from the ground up, one that incentivizes and rewards the organization for fulfilling its intentions. Companies need a new set of KCIs, or key consequence indicators, that measure factors such as its impact on customers’ energy consumption, whether its product is being used equally across socioeconomic groups, or if it is actually solving the social problem it is addressing. Not only is this the right thing to do—increasingly, it is what customers, employees, and shareholders demand of business.

In this inspiring guide, Hemant Taneja lays out the argument for why a new model of company building and leadership is necessary—and how it can lead to better performance; explores why social-good businesses are some of the greatest opportunities today, detailing examples of billion-dollar startups that are addressing inequality, climate change, systemic societal problems, and chronic disease—all while generating profit and positive shareholder returns; and presents a topic-by-topic road map that addresses business models, artificial intelligence, ethical growth, culture, governance, and good citizenship.

About Hemant Taneja

Hemant Taneja is an investor, founder, and author. He is the managing partner of the venture capital firm General Catalyst. Taneja and General Catalyst are investors in market-leading companies such as Airbnb, Commure, Stripe, Livongo (which was acquired for $18.5 billion, the largest transaction in digital health history to date), Samsara, Snap (NYSE: SNAP), Olive, Applied Intuition, Grammarly, Gusto, Ro, and Warby Parker. He serves on the Stanford School of Medicine Board of Fellows and has worked on climate and energy issues as the cofounder and chairman of Advanced Energy Economy. He is coauthor of Unhealthcare and Unscaled.


Reviews

Goodreads review by Roope on January 27, 2023

A very good book on how to think ahead on future unintended consequences (especially in the startup world but also in traditional companies). Definitely worth a read!......more

Goodreads review by Heidi on February 19, 2023

Excellent ideas - quick B-book read doe the ethically concerned......more