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Add Value or Someone Else Will

Add Value or Someone Else Will | Dare Care Share | Scoop.it

The lure of maximising profits at the cost of creating customer value can be devastating in the long term.


Bigger is not better. Focussed is better. There is always some value that you can add. Where there is a will to create value, there are many ways, and not all require you to be a large corporation willing to make million dollar investments.  

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Marc Kneepkens's curator insight, August 19, 2014 7:27 AM

Nice stories. Always keep 'adding value' in mind when running a business. It will pay off in the end.

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Banking on Shared Value

In the wake of the financial crisis, banks have been under fire from all fronts—and leaving value on the table. The potential to create shared value through retail, commercial, and investment banking is enormous. This new approach will enable banks to capitalize on new opportunities and leverage their biggest asset—their core business—to address some of the world’s toughest challenges.

Kenneth Mikkelsen's insight:

According to the new FSG report, "Banking on Shared Value," banks are leaving value on the table. 


Traditionally banks operate under three common myths that prevent them from pursuing shared value: A profit vs. purpose trade-off mentality, low ROI expectations, and insufficient scale. 


Instead, banks can leverage their enormous capability for innovation and market making to shift the conversation, overcome these perceived barriers, and realize opportunities for growth in shared value markets. This report, Banking on Shared Value takes these three myths, and turns them to opportunities.

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Rescooped by Kenneth Mikkelsen from Education, Curiosity, and Happiness
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The Marriage of Meaning and Happiness

The Marriage of Meaning and Happiness | Dare Care Share | Scoop.it

Happiness, purpose and meaning are top priority for Millennials. The marriage of meaning and happiness is challenging yet needed blend.


Via Ivon Prefontaine
Kenneth Mikkelsen's insight:

We want to be happy, find our purpose, and live a life of meaning. We want to change the world.


If Millennials had a slogan, this would be it.


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Ivon Prefontaine's curator insight, August 4, 2014 4:39 PM

The Viktor Frankl quote is important in this article. He wrote the definitive books on meaning in life. The work we do i.e. teaching has to have meaning. Work is embedded in life. It is married to who we are as a person.

 

@ivon_ehd1

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Can Benefit Corporations Work?

Can Benefit Corporations Work? | Dare Care Share | Scoop.it

James Surowiecki on companies that have social responsibility written into their charters.


Excerpt from article: 


The rise of B corps is a reminder that the idea that corporations should be only lean, mean, profit-maximizing machines isn’t dictated by the inherent nature of capitalism, let alone by human nature. As individuals, we try to make our work not just profitable but also meaningful. It may be time for more companies to do the same. 

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The Downside of Competition

The Downside of Competition | Dare Care Share | Scoop.it

In A Bigger Prize, former CEO Margaret Heffernan argues that the corporate world has an unhealthy obsession with winning.


Many of us have come to see Darwin’s “survival of the fittest” as a shorthand expression of the legitimacy of competition, but Heffernan has a thought-provoking counter-perspective: Natural selection is not synonymous with heightened competition.


Kenneth Mikkelsen's insight:

As one of the world’s greatest leaders, Franklin D. Roosevelt, once put it: “Cooperation, which is the thing we must strive for today, begins where competition leaves off.”


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Sustainability’s Strategic Worth

Sustainability’s Strategic Worth | Dare Care Share | Scoop.it

Executives at all levels see an important business role for sustainability. But when it comes to mastering the reputation, execution, and accountability of their sustainability programs, many companies have far to go. 


Kenneth Mikkelsen's insight:

More and more companies are addressing sustainability to align with their business goals. However, many of this year’s respondents In McKinsey's survey say their companies are not pursuing the reputation-building activities that would maximize that financial value.


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Do purpose: Start a company and change the world

Do purpose: Start a company and change the world | Dare Care Share | Scoop.it

Meet David Hieatt, the entrepreneur on a mission to stop you washing your jeans, get a small Welsh town making again, and inspire a change in the way we do business.

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Attracting Conscientious Consumers

Attracting Conscientious Consumers | Dare Care Share | Scoop.it

Consumers around the world are rethinking how and what they buy. They are moving away from purely economic-based decisions and instead, factoring in their social and environmental concerns.


Many businesses are not prepared for this new trend of conscientious consumerism. To avoid missing opportunities, they should consider some of the decisions that companies who are catering to sustainable consumers have made, and the results that those decisions have had on their bottom lines. 


Kenneth Mikkelsen's insight:

This Accenture study includes companies such as Whole Foods Market, Hertz, Brazil’s Suzano Papel E Celulose and Kenya’s Safaricom.

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Repairing the Hole in the Boat: How the Poor Can Save Capitalism

Repairing the Hole in the Boat: How the Poor Can Save Capitalism | Dare Care Share | Scoop.it

“What if there was a way to use the power of free market enterprise to lift every American and indeed every human being on the planet to a level of dignity, inclusion, fulfillment, engagement, economic security and stability? Wouldn’t that be a truly noble cause?


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How Corporations Can Change The World (For The Better)

How Corporations Can Change The World (For The Better) | Dare Care Share | Scoop.it

When your employees are working on boring tasks that don’t relate to their interests or talents, it won’t be long before many seek other opportunities. Similarly, employees who are constantly exhausted and stressed will have difficulty being innovative and creative.


They should be able to take time off and come back without resentment or difficulty. Employees should be able to migrate toward areas within the company that interest them. Those are the areas where they’re typically going to bring value and new ideas.


Companies also need to foster “emotional vitality,” which stems from company culture and relationships. Important social connections happen in the workplace, whether in-person or virtual.


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Multinational Corporation Says Pay Attention to Climate Change or Die

Multinational Corporation Says Pay Attention to Climate Change or Die | Dare Care Share | Scoop.it

Any business must future proof their operations.....step off the sidelines and move into action.


If every major company affected by climate change - not only in the food and beverage sector, but other impacted sectors such as tourism, insurance and transport - were to address the issue as one of business survival, and step change their efforts for delivery, we could together make a significant impact.


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Mixing Business and Social Good Is Not A New Idea

Mixing Business and Social Good Is Not A New Idea | Dare Care Share | Scoop.it

More and more business schools are building programs to support students who want to do business while doing good. In addition, companies are rebuilding their recruiting processes to attract top talent that cares less about financial rewards and more about social impact. It seems like every day I see a new blog post from a thinker or business leader discussing how to innovate a process or build a whole new business model to make a profit and a difference. One key theme in these conversations, even if unspoken, is that this is a new, unexplored territory for both entrepreneurs and established businesses.

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Politics or Technology – Which Will Save the World?

Politics or Technology – Which Will Save the World? | Dare Care Share | Scoop.it

The internet, the mobile phone and now the self-driving car – technology is revolutionising people's lives in ways that make politics seem obsolete. So should we put the techies in charge?


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Rescooped by Kenneth Mikkelsen from Positive Psychology
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Having a sense of purpose in life may increase lifespan

Having a sense of purpose in life may increase lifespan | Dare Care Share | Scoop.it

Past studies have indicated that many factors may help prolong life; eating nuts every day, increasing fiber intake and getting married are among a few.


Now, new research suggests that having a "sense of purpose" in life may help us live longer, regardless of what age that purpose is found.



Via Sandeep Gautam
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Sandeep Gautam's curator insight, May 18, 2014 6:36 AM

Giver your life a meaning/ direction today!!

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How Noble Purpose Creates a High Performance Sales Culture

How Noble Purpose Creates a High Performance Sales Culture | Dare Care Share | Scoop.it

We’ve long been told that people shouldn’t get emotional about business. This is total bunk. When was the last time you heard a CEO say, “I wish my employees weren’t so excited?


Focusing on something beyond profits winds up producing more profit.


Ironic isn’t it?


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Collaborative Economy Honeycomb

Collaborative Economy Honeycomb | Dare Care Share | Scoop.it

The Collaborative Economy enables people to efficiently get what they need from each other. They use powerful technologies that enable Crowdfunding, Peer-to-Peer lending, the Maker Movement, and the Sharing Economy. If you look closely, the crowd is becoming like a company: self funding, designing, producing, and sharing what they already have.

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The Share Economy: What's In It for You?

The Share Economy: What's In It for You? | Dare Care Share | Scoop.it

It's a pretty clear that the sharing economy is here to stay - and with it come exciting implications on new potential social norms.


Why you should take another look at how this movement will effect you.


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Customer Connectivity

Customer Connectivity | Dare Care Share | Scoop.it

Companies want customer loyalty. What do they give back? And what is their response to customer connectivity when actions spread like wildfire online - just like Steve's letter to Nero?

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David Hain's curator insight, May 5, 2014 4:32 AM

"Loyalty cuts both ways" - the customer contract

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How Being Grateful Can Change Your Life

How Being Grateful Can Change Your Life | Dare Care Share | Scoop.it

It's not just for Oprah devotees. Recent studies show that practicing gratitude can positively impact your life - and researchers believe it may help us break bad habits. 


Gratitude is about focusing on other people, says Dr. Jo-Ann Tsang, a psychology professor at Baylor University, who led a study which will appear in the July 2014 issue of the journal Personality and Individual Differences.


“Previous research that we and others have done finds that people are motivated to help people that help them--and to help others as well. We’re social creatures, and so focusing on others in a positive way is good for our health,” Tsang said in a statement.

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Ivon Prefontaine's curator insight, April 24, 2014 11:54 PM

Actually, I would go one step further and say there is karma when people help each other. Somehow, the universe knows we are helpful people and others respond to us in like manner. Just think if we thanked people i.e. students for even little things that they do.

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An Open Letter to Pope Francis on the Ethical Economy

An Open Letter to Pope Francis on the Ethical Economy | Dare Care Share | Scoop.it

I am of course very, very heartened by the recent statements of your Holiness about the need to care for the poor and weak, and to be mindful of the excesses of capitalism, but also from authoritarian collectivism.


I am aware of the key role that the Catholic Church has played in the moral economy of the Middle Ages, and how many Catholics, individually or collectively as members of Congregations and Catholic social movements, are engaged for the Common Good. I am inspired by historical examples such as the Banks of Piety of the Dominicans, which lend money without interest to the poor, and drove out usury-driven banking from their territories.


Yet, as many humans, I am also concerned about our human future. We presently live in a system which believes natural resources are infinite, and we are destroying the very eco-systems on which we depend; and the same system believes that knowledge that could benefit humanity should be restricted and kept artificially scarce, through Intellectual Property restrictions that slow down innovation, hide solutions until they are believed to be profitable, and sell vital medicines at inflated prices, amongst many other issues.


Kenneth Mikkelsen's insight:

An open letter from Michel Bauwens til Pope Francis. You should read it….

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How Do You Create A New Economy Based On Purpose And Meaningful Relationships?

How Do You Create A New Economy Based On Purpose And Meaningful Relationships? | Dare Care Share | Scoop.it

Aaron Hurst is trying to create a new model for how - and why - we work.


The changes we see are about increasing purpose for people and having deeper, more meaningful relationships.


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Rescooped by Kenneth Mikkelsen from Corporate Rebels United
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Naomi Klein: How science is telling us all to revolt

Naomi Klein: How science is telling us all to revolt | Dare Care Share | Scoop.it

Is our relentless quest for economic growth killing the planet? Climate scientists have seen the data – and they are coming to some incendiary conclusions.


Via Peter Vander Auwera
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The Purpose Economy: How Your Desire for Impact, Personal Growth and Community Is Changing the World

The Purpose Economy: How Your Desire for Impact, Personal Growth and Community Is Changing the World | Dare Care Share | Scoop.it

The Purpose Economy describes how a new type of economy is taking shape, one that will emphasize serving the people.


Kenneth Mikkelsen's insight:

By choosing work rich in purpose, we become vulnerable. Vulnerability is at the core of being human. It will require a new kind of leadership to find creative ways to make it safe to be vulnerable. This is the riddle of leading in the Purpose Economy.


This post is an excerpt from Aaron Hurst's book, The Purpose Economy.


You can follow Aaron on Twitter here: @Aaron_Hurst


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The Future of Sharing

The Future of Sharing | Dare Care Share | Scoop.it

Living comfortably has always, to some extent, relied on owning many goods. But this is becoming less and less the case. A new worldwide “sharing economy," composed of startup ventures whose products consumers rent or share instead of own, is blossoming across the globe.


Some sharing services are already quite famous: Zipcar, Craigslist, and AirBnB, for example.


Others are very new on the scene and just starting to gain widespread recognition, such as the book-exchange Web site Paperbackswap.com and the Lego-set-swap site Pleygo.


All these services and more get the spotlight in Beth Buczynski’s new book Sharing is Good: How to Save Money, Time and Resources Through Collaborative Consumption.

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Rescooped by Kenneth Mikkelsen from Coaching Leaders
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Susan Cain: How to Overcome the Fear of "Putting Yourself Out There"

Susan Cain: How to Overcome the Fear of "Putting Yourself Out There" | Dare Care Share | Scoop.it

In honor of Arianna Huffington's marvelous book THRIVE, I want to write about a very specific aspect of well-being: freedom from fear of sharing one's ideas.



Via David Hain
Kenneth Mikkelsen's insight:

I recommend that you also watch Susan Cain's TED Talk, The Power of Introverts.  

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Curated by Kenneth Mikkelsen
Thinker ★ Speaker ★ Writer ★ Leadership Adviser ★ Learning Designer ★ Neo-Generalist

Kenneth Mikkelsen is co-founder of FutureShifts. We help visionary companies identify and tackle the big shifts in the world by cultivating the skills, mindsets, behaviors and organisational cultures needed to succeed in times of change.