Four EoM Management Shifts
Four Management Shifts
Shift 1
From a company-centric to a purpose-centric strategy
Move your business from the implicit purpose of profit maximization or from a purpose that is only descriptive of your past outcomes or values, to an actionable and inspirational purpose that positions your business as the champion of a cause that solves people or planet’s problems.
Shift 2
From antagonizing rivals in a linear value chain to orchestrating the ecosystem
Move your business from relating to other stakeholder groups as ‘competing forces’, to mobilizing and influencing a broad range of partners to mutualize capabilities, innovate and fix systemic breakdowns.
Shift 3
From maximizing financial capital to balancing multiple capitals
Move your business from measuring performance by short-term financial returns, to using non-financial metrics (human, social and natural capital) as leading indicators of long-term holistic value creation.
Shift 4
From purpose and profit being trade-offs to defining profit to align with purpose
Move your business from measuring purpose only in terms of inputs or activities, to placing purpose at the heart of your management accounts and incentives programs.
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