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Goodbye Friedman, Hello 2021

Goodbye Friedman, Hello 2021

Iyas A · Jan 8, 2021 ·

2021 will be a turning point for business. The rising swell we’ve seen for businesses to strengthen their social purpose, to build on values will become more mainstream.

And if you lead a company, it will be a genuine choice you face. Which side of business history do you want to be on?

I remember studying Friedman in my economics degree. Back in the Thatcher years (yes, I know I don’t look that old :p) it seemed like a given. Business was about business, and that meant profit and shareholder value.

That’s not to say values were irrelevant. But they were to a large extent personal. Not about business. So even though owner(s) often prided themselves on strong values, there was a disconnect to the business.

Now the tide is truly turning. We’re realising that it is only when you look at purpose and values as an intrinsic part of business strategy and implementation that they become real.


How's 2022 going? Have you been able to step back and focus on strategy, on purpose, on scale? We're looking for an intimate beta group of CEOs (10 to 40 employees) to join us on this workshop to talk through our Build on Purpose framework for making strategy, purpose and values happen. If that's you, join us.

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