Purpose and Profit, George Serafeim
Purpose and Profit, George Serafeim
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Purpose and Profit
How Business Can Lift Up the World

Author: George Serafeim

Narrator: Mark Smeby

Unabridged: 5 hr 14 min

Format: Digital Audiobook Download

Published: 08/09/2022

Synopsis

Are purpose and profit in conflict, or can both be achieved simultaneously with the right mindset and tools?What are the forces that are reshaping the relationship between the two? What can we all do to strengthen the relationship between purpose and profit as entrepreneurs, managers, employees, consumers, and investors? Backed by cutting-edge research, Purpose and Profit provides answers to these fundamental questions that are increasingly defining the business landscape all around the world. Distinguished Harvard Business School Professor George Serafeim takes readers on a research-driven journey to understand:How and why environmental and social issues are becoming increasingly relevant for organizations worldwide;The ways that companies can design and implement strategies that generate greater impact;The six archetypes of value creation enabled by these new trends;The role of investors in driving greater recognition of ESG issues; andHow we can all look at the choices we make and careers we pursue in a way that maximizes purpose and profit in our own lives.Bibliography and accompanying figures are included in the audiobook companion PDF download.

About George Serafeim

George Serafeim is the Charles M. Williams Professor of Business Administration at Harvard Business School. One of the youngest faculty members to receive tenure at Harvard Business School, he has presented his research in more than 60 countries around the world, including to world leaders in government and business at events such as the World Economic Forum at Davos, the Aspen Ideas Festival, White House conferences on business leadership, the Securities and Exchange Commission, and the European Commission. He ranks among the top 10 most popular authors out of more than 12,000 business authors on the Social Science Research Network. A recognized leader, he has co-founded the leading business consulting firm KKS Advisors and is an academic partner at State Street Associates. He sits on the board of directors of Liberty Mutual, a Fortune 100 company, and the steering committee of the Athens Exchange Group. Prior to that he was a member of the inaugural Standards Council of the Sustainability Accounting Standards Board.

Reviews

Goodreads review by MasterofMyStory on February 11, 2022

ACTUAL RATING: 4.5 I loved it. There are a million things I can say, but the one thing that stands out for me… this is the first non-fiction book that made me cry 😊 Not only is it wonderful to see how companies around the world are standing up for their employees, their countries, and the environment......more

Goodreads review by David on December 11, 2022

I loved reading this book, from the sustainability advocate and Harvard Business School scholar. It’s optimistic, grounded in real life, as well as being ambitious. Serafeim explores the (mis)perception that purpose and profit are in opposition to each other, with case studies and modern examples. En......more

Goodreads review by Juana on December 28, 2021

What I appreciate more about this book is that the author doesn't limit it to the diagnosis of the situation. He provides evidence and examples of companies that have to assume the challenge of improving their impact on society. Not only in terms of shareholders' profits but also regarding ESG (Envi......more

Goodreads review by Karren on November 14, 2021

The title is a great indication of the focus of the book. You can have a Purpose AND profit and the author includes much evidence to support this conclusion. In addition, leadership has to care enough to make the change; within themselves, their leadership, their choice of investors and so on. Essent......more

Goodreads review by 8ras1 on October 02, 2024

Would have loved to go deeper in the case studies to really convince that good practices equate to shareholder value. Attributing returns solely to changes in ESG practices feels like a simplification. Maybe some depth and acknowledgement of confounding factors would have really helped strike the po......more

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