Most companies are focused squarely on the extrinsic motivation of making a profit to expand their operations and satisfy their shareholders. Today, however, we are witnessing a shift toward a more intrinsic motivation for both companies and their employees. Once united merely by their commitment to providing value for their companies and their customers, they are now united in being of value to society.
Tech executives, in particular, should take a page from top financiers on how to build efficient, competitive, and successful companies.
The financial industry often gets a bad rap, thanks in part to world-shattering events like the 2008 recession. It’s tough for the industry to appear on the up-and-up when a few legacy companies upend the global financial system.