The Heart of Business - Live with Harvard Business Review Press
AmCham is association with Harvard Business Review Press is bringing you top writers of management books. At this on-line event, Hubert Joly, Harvard Business School Professor and former CEO of Best Buy introduced the key insights from his new book The Heart of Business.
The Heart of Business: Leadership Principles for the Next Era of Capitalism
A year of unprecedented change has prompted leaders to rethink the purpose of business, and the public to expect more from them. While stakeholder capitalism sounds like the solution, many companies and leaders fear they can’t afford it, doubt its effectiveness, or are not sure where to begin and how to move forward, especially during a global crisis.
Hubert Joly, former CEO of Best Buy, unveils his personal philosophy to achieving extraordinary outcomes for all stakeholders by putting purpose and people first.
According to Joly, the “Heart of Business” is about pursuing a noble purpose, putting people at the center, creating an environment where every employee can blossom, and treating profit as an outcome, not the goal. At the heart of business is the idea that “work is love made visible” and that companies can be a force for good by serving people.
Joly’s approach is easy to understand; putting it into practice is harder. It requires a radical rethink of how we view work, how we define companies, how we motivate, and how we lead. To help with this journey, Joly shares memorable stories, lessons, and practical advice, many drawn from his own personal transformation from a hard-charging McKinsey consultant to a leader who believes in human magic.
Hubert Joly is the former Chairman and Chief Executive Officer of Best Buy and is now a senior lecturer at Harvard Business School. He is a member of the board of directors of Johnson & Johnson and Ralph Lauren Corporation, and member of the International Advisory Board of HEC Paris. Joly has been recognized as one of the top 100 CEOs in the world by the Harvard Business Review, one of the top 30 CEOs in the world by Barron’s and one of the top 10 CEOs in the U.S. by Glassdoor.
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