THINKING

Purpose and profit

There has been five-fold increase in the public conversation about corporate purpose over the past two decades. Larry Fink, CEO of BlackRock, the world’s largest investor with $9 trillion in assets under management stated in his annual letter to shareholders that ‘purpose is not the sole pursuit of profits but the animating force for achieving them’. This is a fundamental shift in leadership doctrine.

Read Larry Fink’s full ‘Profit & Purpose’ letter here.


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Jaimie Ratten
Managing Director
jaimie@ideologyled.com.au


 

Jaimie Ratten
Posted by Jaimie Ratten
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