Success is measured by the organization's impact on society from "summary" of Reinventing Organizations by Frederic Laloux
In our current paradigm, success is often measured by financial profit, market share, or shareholder value. However, in organizations that are reinventing themselves, a new measure of success is emerging. These organizations are shifting their focus from internal metrics to their impact on society. This shift is significant because it challenges the traditional way of thinking about success in business. Instead of solely focusing on maximizing profits or serving the needs of shareholders, these organizations are considering how they can contribute positively to society at large. This new perspective requires a broader view of success, one that extends beyond the bottom line to encompass the organization's role in creating a better world. By measuring success in terms of impact on society, these organizations are able to align their purpose with a larger mission. This approach allows them to connect with a higher sense of purpose and meaning, driving them to make decisions that benefit not just themselves, but the broader community as well. In this way, success becomes a measure of the organization's ability to create value for society as a whole. This shift in perspective is not just about doing good for its own sake, but about recognizing that creating value for society is ultimately in the organization's best interest. By contributing positively to society, these organizations are able to build trust with their stakeholders, attract top talent, and create a strong reputation that can lead to long-term success. In this way, success is not just about financial gain, but about making a meaningful impact on the world. As more organizations embrace this new measure of success, we may see a shift in the way business is conducted. By focusing on their impact on society, organizations have the potential to create a more sustainable, equitable, and prosperous world for all. This new paradigm challenges us to rethink our traditional notions of success and consider how we can create value that extends beyond the bottom line.
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