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 Content preview:  ** Serve a Social Purpose (https://cultbranding.us1.list-manage.com/track/click?u=c006bbdcbd27f0420f9c7a066&id=a9ce043822&e=4ed9cf398d)
    By BJ Bueno The letter BlackRock’s Larry Fink sent CEOs highlights ideas
    that are familiar to our readers. Here’s the insight: [...] 
 
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** Serve a Social Purpose (https://cultbranding.us1.list-manage.com/track/=
click?u=3Dc006bbdcbd27f0420f9c7a066&id=3Da9ce043822&e=3D4ed9cf398d)
------------------------------------------------------------
By BJ Bueno
The letter BlackRock=E2=80=99s Larry Fink sent CEOs highlights ideas that=
 are familiar to our readers. Here=E2=80=99s the insight:

=E2=80=9CSociety is demanding that companies=2C both public and private=2C=
 serve a social purpose. To prosper over time=2C every company must not on=
ly deliver financial performance but also show how it makes a positive con=
tribution to society.=E2=80=9D

But here is the twist=2C if you want to improve the organization=2C you ha=
ve to develop yourself.

Chief executives invest an average of 30 minutes in personal development e=
ach day. The goal is to lift the organization; this is the drive of relate=
dness=2C or what authors like Dan Pink and Tony Hsieh have called purpose.

This universal need to connect and care for others doesn=E2=80=99t just mo=
tivate individuals=E2=80=94it translates to bottom-line profits too.

Wharton organizational psychologist Adam Grant ran an experiment with call=
 center employees who were tasked with calling people to ask for donations=
=2E He randomly separated them into three groups. Each group had the same co=
nditions except for a five-minute story each group read before their shift=
=2E

The first group read stories from other call center agents about how their=
 job helped teach them transferable sales skills (a personal benefit).

The second group read stories from university alumni who benefitted from t=
he donations raised by the call center and how the scholarships helped the=
m (a purpose that connected the agents with something greater than themsel=
ves).

The third group read stories that had nothing to do with personal gain or=
 purpose (the control group).

Grant couldn=E2=80=99t believe the results of this study.

He replicated it five more times to be sure: while the personal benefit gr=
oup showed no change in their performance=2C the purpose group more than d=
oubled their dollars raised.

The call center employees in the purpose group couldn=E2=80=99t identify w=
hat exactly was driving their behavior.

They merely doubled their productivity!

Could helping others and making a difference in people=E2=80=99s lives be=
 a factor in motivating people to higher performance?

It certainly appears so.

https://cultbranding.us1.list-manage.com/track/click?u=3Dc006bbdcbd27f0420=
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Copyright =C2=A9 2018 The Cult Branding Company=2C All rights reserved.
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<h2 class=3D"mc-toc-title" style=3D"margin: 0;padding: 0;display: block;fo=
nt-family: Helvetica;font-size: 26px;font-style: normal;font-weight: bold;=
line-height: 125%;letter-spacing: -.75px;text-align: left;color: #000000 !=
important;"><a href=3D"https://cultbranding.us1.list-manage.com/track/clic=
k?u=3Dc006bbdcbd27f0420f9c7a066&id=3D419731ecc5&e=3D4ed9cf398d" target=3D=
"_blank" style=3D"word-wrap: break-word;-ms-text-size-adjust: 100%;-webkit=
-text-size-adjust: 100%;color: #800000;font-weight: normal;text-decoration=
: underline;">Serve a Social Purpose</a></h2>
<em>By BJ Bueno</em><br>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">The letter BlackRock=E2=80=99s Larry=
 Fink sent CEOs highlights ideas that are familiar to our readers. Here=E2=
=80=99s the insight:</p>
<blockquote style=3D"-ms-text-size-adjust: 100%;-webkit-text-size-adjust:=
 100%;"><p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-w=
ebkit-text-size-adjust: 100%;color: #000000;font-family: Helvetica;font-si=
ze: 15px;line-height: 150%;text-align: left;">=E2=80=9CSociety is demandin=
g that companies=2C both public and private=2C serve a social purpose. To=
 prosper over time=2C every company must not only deliver financial perfor=
mance but also show how it makes a positive contribution to society.=E2=80=
=9D</p></blockquote>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">But here is the twist=2C if you want=
 to improve the organization=2C you have to develop yourself.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">Chief executives invest an average o=
f 30 minutes in personal development each day. The goal is to lift the org=
anization; this is the drive of relatedness=2C or what authors like Dan Pi=
nk and Tony Hsieh have called purpose.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">This universal need to connect and c=
are for others doesn=E2=80=99t just motivate individuals=E2=80=94it transl=
ates to bottom-line profits too.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">Wharton organizational psychologist=
 Adam Grant ran an experiment with call center employees who were tasked w=
ith calling people to ask for donations. He randomly separated them into t=
hree groups. Each group had the same conditions except for a five-minute s=
tory each group read before their shift.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">The first group read stories from ot=
her call center agents about how their job helped teach them transferable=
 sales skills (a personal benefit).</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">The second group read stories from u=
niversity alumni who benefitted from the donations raised by the call cent=
er and how the scholarships helped them (a purpose that connected the agen=
ts with something greater than themselves).</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">The third group read stories that ha=
d nothing to do with personal gain or purpose (the control group).</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">Grant couldn=E2=80=99t believe the r=
esults of this study.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">He replicated it five more times to=
 be sure: while the personal benefit group showed no change in their perfo=
rmance=2C the purpose group more than doubled their dollars raised.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">The call center employees in the pur=
pose group couldn=E2=80=99t identify what exactly was driving their behavi=
or.</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">They merely doubled their productivi=
ty!</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">Could helping others and making a di=
fference in people=E2=80=99s lives be a factor in motivating people to hig=
her performance?</p>
<p style=3D"margin: 1em 0;padding: 0;-ms-text-size-adjust: 100%;-webkit-te=
xt-size-adjust: 100%;color: #000000;font-family: Helvetica;font-size: 15px=
;line-height: 150%;text-align: left;">It certainly appears so.</p>
<br>
<br>
<a href=3D"https://cultbranding.us1.list-manage.com/track/click?u=3Dc006bb=
dcbd27f0420f9c7a066&id=3D198e44b964&e=3D4ed9cf398d" target=3D"_blank" sty=
le=3D"word-wrap: break-word;-ms-text-size-adjust: 100%;-webkit-text-size-a=
djust: 100%;color: #800000;font-weight: normal;text-decoration: underline;=
"><img src=3D"http://cdn-images.mailchimp.com/social_connect_tweet.png" bo=
rder=3D"0" width=3D"55" height=3D"20" style=3D"display: inline;border: 0;o=
utline: none;text-decoration: none;-ms-interpolation-mode: bicubic;height:=
 auto !important;" alt=3D"share on Twitter"></a> <a href=3D"https://cultbr=
anding.us1.list-manage.com/track/click?u=3Dc006bbdcbd27f0420f9c7a066&id=3D=
77e2f09e3d&e=3D4ed9cf398d" title=3D"Like Serve a Social Purpose on Facebo=
ok" rel=3D"socialproxy" id=3D"fblike-f2a7f273" style=3D"word-wrap: break-w=
ord;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #8000=
00;font-weight: normal;text-decoration: underline;"><img src=3D"http://cdn=
-images.mailchimp.com/fb/like.gif" border=3D"0" alt=3D"Like Serve a Social=
 Purpose on Facebook" height=3D"20" width=3D"48" style=3D"display: inline;=
border: 0;outline: none;text-decoration: none;-ms-interpolation-mode: bicu=
bic;height: auto !important;"></a>&nbsp;<a href=3D"https://cultbranding.us=
1.list-manage.com/track/click?u=3Dc006bbdcbd27f0420f9c7a066&id=3D6ef717285=
1&e=3D4ed9cf398d" target=3D"_blank" style=3D"word-wrap: break-word;-ms-te=
xt-size-adjust: 100%;-webkit-text-size-adjust: 100%;color: #800000;font-we=
ight: normal;text-decoration: underline;"><img align=3D"none" height=3D"20=
" src=3D"https://gallery.mailchimp.com/c006bbdcbd27f0420f9c7a066/images/3e=
298c82-a741-4290-a53b-b33583500058.png" style=3D"width: 80px;height: 20px;=
margin: 0px;border: 0;outline: none;text-decoration: none;-ms-interpolatio=
n-mode: bicubic;" width=3D"80"></a><br>
<br>

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