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60 - Profit in Pursuit of Purpose
Manage episode 374218938 series 2999784
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In recent years, growing expectations from consumers and investors for better ESG (Environment, Social and Governance) practices have led businesses to shift towards models prioritising profit generation in pursuit of positive social impact. So, how can you do good while doing well? In this week's conversation, AJ McKean, the Managing Director of Synergy Technologies, discusses running a for-profit business with a focus on creating a positive social impact. The idea of running a business that aims to do good by being good at what it does.
00:00:00 - The Competitive Advantage of Purpose-Driven Organizations
00:04:59 - Making a Difference through Social Impact
00:09:45 - The Challenge of Choosing Good Causes
00:14:33 - Balancing Genuineness and Accountability
00:19:02 - The Importance of Purpose and Impact to Motivate the Team
00:23:35 - Balancing Stakeholder Impact in Business
00:28:08 - Balancing Outside Influences and Personal Passion
00:32:40 - Balancing Purpose and Profit in Organizations
00:37:20 - Engaging the Team and Supporting Charities
00:41:46 - Taking a Step Forward
Where to find them: 👉AJ McKean: https://www.linkedin.com/in/amckeannz/ 👉Brendan Ritchie https://www.linkedin.com/in/brendanri...
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