|
Showing 1 - 3 of
3 matches in All Departments
A pioneering venture capitalist provides an actionable framework
for founders and executives to create innovative, enduring
companies built for growth and for societal good. The Milton
Friedman philosophy that companies exist only to increase
shareholder value is dead and buried. The old Silicon Valley tenets
of "move fast and break things," minimum viable products, and hyper
engagement at any cost must be replaced with new principles for an
era of responsible innovation. We can no longer manage businesses
solely for growth. With innovation comes responsibility: to
generate returns beyond profits and to recenter technology as a
force for good in the world. This requires a shift in the way
organizations approach and value work. 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, practical, and
actionable 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 presents a
topic-by-topic road map that addresses business models, artificial
intelligence, ethical growth, culture, governance, and good
citizenship Intended Consequences is designed as the ultimate
playbook for founders, entrepreneurs, leadership teams, and
investors on how to build and maintain a responsible innovation
company.
'A thought-provoking look at the technology that is changing the
world of business and the benefits, pitfalls, and challenges for
society as a whole.' - Kenneth I. Chenault, former chief executive
officer, American Express Company Throughout the twentieth century,
technology and economics drove a dominant logic: bigger was almost
always better. It was smart to scale up - to take advantage of
classic economies of scale. But in the unscaled economy, size and
scale have become a liability. Today's most successful companies -
Uber, Airbnb, Amazon, Salesforce - have defied the traditional
'economies of scale' approach by renting scale instead of spending
vast amounts of money building it. And a new generation of upstarts
is using artificial intelligence to automate tasks that once
required expensive investment, enabling them to grow big without
the bloat of giant organisations. In Unscaled, Hemant Taneja
convincingly shows how the unscaled economy is remaking massive,
deeply-rooted industries and opening up fantastic possibilities for
entrepreneurs, imaginative companies and resourceful individuals.
Beyond that, it can be the model for solving some of the world's
greatest problems, including climate change and soaring healthcare
costs, potentially reversing many of the ills brought on by mass
industrialization. The unscale wave has only just started. To
succeed in business today, companies, CEOs and leaders everywhere
must unlearn what they have been taught - they must embrace an
unscaled mindset.
|
|