Beyond the Bottom Line: Purposeful Leadership Drives Greater Impact

Available for Interviews: Nell Derick Debevoise

Nell Derick Debevoise is the Founder & CEO of Inspiring Capital and the author of the new book, Going First: Find the Courage to Lead Purposefully and Inspire Action is available on Amazon.

What Nell Derick Debevoise can say in an interview on
The Positive Effects of Purposeful Leadership in Business:

          1. Purpose costs profit.
            • Companies that authentically connect their work to its impact in the world perform better in terms of company value, employee tenure, productivity, and survival.
            • According to research by Bain published in Harvard Business Review, employees who are ‘inspired’ by profit are 225% more productive than those who are merely satisfied with their jobs.

          1. Purpose is the ‘nice’ thing to do.
            • Being purposeful is a survival tactic in the competitive, fast-changing, and globally connected 21st-century economy. Companies that don’t define their ‘why,’ to use Simon Sinek’s language, won’t beat out competitors.
            • One of the world’s largest investors, Larry Fink, says his company will no longer invest in companies that don’t have a well-defined purpose beyond their profitability.
          2. Purpose is a ‘millennial’ trend.
            • Contributing to something larger than ourselves is a deeply human trait. We are one of the only species that collaborate with others outside of our biological relatives. We’ve evolved to be purposeful.
            • Boomers actually prioritize purpose in their work even more highly than Millennial employees do. (Both rank it as very important, but Millennials put career development slightly above.)
          3. Purpose means giving money to charity or volunteering.
            • While supporting not-for-profits can be a powerful way to advance your purpose, you can have even more impact in your ‘day job,’ by considering your company’s environmental impact, inclusive hiring or culture practices, or simply supporting a colleague during a difficult personal time. 
          4. Purpose is a distinct effort, separate from your regular responsibilities.
            • Purpose must be practiced in how you interact with colleagues, run meetings, measure performance, and design and sell products. It is not a quarterly exercise to be completed and left on the shelf. We lead purposefully—or not—in every word we utter and action we take.

 

Interview: Nell Derick Debevoise

Nell Derick Debevoise is the Founder & CEO of Inspiring Capital and helps purpose-driven leaders expand their impact, grow their businesses, and build legacies—partnering with leaders and companies that are good for the people and the planet around them. Her approach is informed by her experience living and working on 4 continents; studying at Harvard, Cambridge, Columbia, and London Business Schools; and in working with CEOs, and other people-leaders of American Express, Cisco, Google, and hyper-growth startups in the health, consumer, and fintech sectors. She’s a Senior Contributor to Forbes, and her first book, Going First: Find the Courage to Lead Purposefully and Inspire Action is available on Amazon.

Going First: Find the Courage to Lead Purposefully and Inspire Action (Purposeful Leadership Book 1) by [Nell Derick Debevoise]

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