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Is overemphasizing profit costing you money?

BUSINESS TREND
Game Change: Leaders increase profits focusing on a noble purpose bigger than money

They lead different organizations across a gamut of industries: construction, travel, social media, and software.  Instead of driving their organizations to improve profit, these leaders make customer impact their end game.   The counter intuitive result is increased profit.

giononi picMike Gianoni, a seasoned banking executive, as CEO of Blackbaud he drove share price from $37 to $60 in under two years and grew revenues from $503 million to $625 million rallying his team around the noble cause of customers.

Ryan Holmes, the hipster CEO of Hootsuite, grew revenue homes pic56,145% in the last five years, ranking second in Deloitte’s Technology Fast 50. Holmes says, “Our Noble Purpose is to help our clients turn their messages into meaningful relationships.”

tip picBruce Poon Tip, the global backpacker who runs G Adventures, went from solo-preneur to global market leader because he igniting his team for helping customers discover more passion, purpose, and happiness.

Dave Thrasher grew up swinging a sledgehammer. As thrasher picPresident of the family business, Foundation Supportworks he’s quadruped revenues winning the hearts and minds of blue-collar employees with the Noble Purpose: We’re reinventing the contracting industry.

lisa picNoble Purpose is the brainchild of business consultant Lisa Earle McLeod.  McLeod developed the Noble Purpose methodology after her research revealed organizations with a purpose beyond money outperform the market by over 350%.

McLeod says,  “We’ve made some incorrect assumptions about work, and those assumptions are killing us.  We allowed a narrative that is solely about earnings to replace what we know to be true about human motivation. Human beings are hardwired to seek purpose, but for most people work is a grind, an endless series of tasks that lack meaning.”

These CEO’s and Presidents are at the forefront of the new business model profiled in McLeod’s latest book, Leading with Noble Purpose.   Naming and claiming a purpose bigger than money, and making that purpose the center of their organizations, has produced record revenues.

All CEO’s and McLeod available for interview.