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Purpose
Webinar
2
Paul Stamsnijder
referenties o.a.
founding partner Reputatiegroep
ABP, ABN AMRO, ABU, Aegon, AFM, CBR, Damen Shipyards, DNB,
EBN, Havenbedrijf Rotterdam, KLM, ministeries (EZ, IenW, SZW),
NVB, Nza, Philips, ProRail, Rabobank, Roche, Royal Dutch Shell,
Sodexo Nederland, TLN
Recente
Publicaties
“Stakeholdermanagement – start met wie” (2016)
”Het argument in de samenleving” (2018)
”Purpose - het verhaal van de moraal” (2019)
Raf Weverbergh
• Mede-oprichter van FINN
• Communicatiestrateeg voor purpose-driven bedrijven zoals
DSM, Vandersanden, Daikin, Saint-Gobain,...
• Onderzoekt en blogt over purpose, thought leadership en
geïntegreerde communicatie
What is purpose?
A few definitions
• “an organization’s reason for being” (The Purposeful
Company Report)
• “the statement of a company’s moral response to its
broadly definied responsibilities” (Bartlett and
Ghoshal (1994))
• “producing a social benefit over and above the
tangible pecuniary payoff” (Thakor and Quinn (2013))
• “a concrete goal or objective that reaches beyond
profit maximization” (Henderson and Van den Steen
(2015))
4 dimensions according to the Purposeful Company Report
• External: "purpose is a covenant with customers"
• Internal: "it is a reciprocal, human contract with
employees"
• Societal: "mutuality of interest between society and firm"
• Moral: "a desire to contribute to human betterment"
What is this ‘purpose’
people are talking about?
The 21st
cent.
interpretation
of the
mission
statement,
but with more
emphasis on
CSR
Shareholder capitalism
Stakeholder capitalism
Yes, but what
about profit for
my company?
Alan Jope, CEO Unilever
3 beliefs:
“Companies with
purpose last”
“Brands with purpose
grow”
“People with purpose
thrive”
Source: interview
Davos 2019
Hilde Van de Velde, Chief Purpose Officer Deloitte Belgium
Two goals:
- “We want people to
do work that has
meaning for them.”
- “We can help clients
to create value in a
sustainable way”
E.g. How can you
robotise and
simultaneously discuss
the social and human
implications in advance
with your clients? How
can you anticipate the
environmental impact of
projects?”
Source: ETION
magazine
A testimonial
Alan Jope:
• “Our purpose-led brands are growing twice the rate
of the rest of the portfolio”
• “Sustainable sourcing takes cost out of the
business”
• “It reduces risk”
Source: Interview Clifford Chance
But what about Danone?
Philips
What does research tell us?
Purpose-Family = high
camaraderie
Purpose-Clarity = high
clarity from
management
Firms with a high
purpose clarity
"exhibit superior
accounting and stock
market performance".
Source: Gartenberg et
al
How is this
different from
vision and
mission?
• Vision: "what the organization wishes to be like in
some years’ time. It’s usually drawn up by senior
management, in an effort to take the thinking beyond
day-to-day activity in a clear, memorable way."
• Mission: "describes what business the organization
is in (and what it isn’t) both now and projecting into
the future. Its aim is to provide focus for
management and staff.“
Source: Graham Kenny, Harvard Business Review
So....
• Mission & Vision is more about the business &
financial side of things?
• And purpose is more about the societal, non-
financial benefits?
Yes, but...
Purpose has replaced the mission statement: ‘woke’ or more holistic?
A few examples
Unilever: “Sustainable living”
Novo Nordisk: “Defeat diabetes”
Disney: “Happiness”
Tesla: “To accelerate the world’s transition to sustainable energy”
But:
Vox.com
Inspiration
6 types of purpose (Source: Meaning Inc., Gurnek Bains)
Pop quiz: what type of purpose does Disney believe in?
Pop quiz: what type of purpose does Unilever show?
How to find your
purpose?
Purpose exercise
Further reading:
check our blog
and/or subscribe
to our
newsletter

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Purpose: hype of houvast voor het communicatievak

  • 2. 2 Paul Stamsnijder referenties o.a. founding partner Reputatiegroep ABP, ABN AMRO, ABU, Aegon, AFM, CBR, Damen Shipyards, DNB, EBN, Havenbedrijf Rotterdam, KLM, ministeries (EZ, IenW, SZW), NVB, Nza, Philips, ProRail, Rabobank, Roche, Royal Dutch Shell, Sodexo Nederland, TLN Recente Publicaties “Stakeholdermanagement – start met wie” (2016) ”Het argument in de samenleving” (2018) ”Purpose - het verhaal van de moraal” (2019)
  • 3. Raf Weverbergh • Mede-oprichter van FINN • Communicatiestrateeg voor purpose-driven bedrijven zoals DSM, Vandersanden, Daikin, Saint-Gobain,... • Onderzoekt en blogt over purpose, thought leadership en geïntegreerde communicatie
  • 5. A few definitions • “an organization’s reason for being” (The Purposeful Company Report) • “the statement of a company’s moral response to its broadly definied responsibilities” (Bartlett and Ghoshal (1994)) • “producing a social benefit over and above the tangible pecuniary payoff” (Thakor and Quinn (2013)) • “a concrete goal or objective that reaches beyond profit maximization” (Henderson and Van den Steen (2015))
  • 6. 4 dimensions according to the Purposeful Company Report • External: "purpose is a covenant with customers" • Internal: "it is a reciprocal, human contract with employees" • Societal: "mutuality of interest between society and firm" • Moral: "a desire to contribute to human betterment"
  • 7. What is this ‘purpose’ people are talking about? The 21st cent. interpretation of the mission statement, but with more emphasis on CSR
  • 10. Yes, but what about profit for my company?
  • 11. Alan Jope, CEO Unilever 3 beliefs: “Companies with purpose last” “Brands with purpose grow” “People with purpose thrive” Source: interview Davos 2019
  • 12. Hilde Van de Velde, Chief Purpose Officer Deloitte Belgium Two goals: - “We want people to do work that has meaning for them.” - “We can help clients to create value in a sustainable way” E.g. How can you robotise and simultaneously discuss the social and human implications in advance with your clients? How can you anticipate the environmental impact of projects?” Source: ETION magazine
  • 13. A testimonial Alan Jope: • “Our purpose-led brands are growing twice the rate of the rest of the portfolio” • “Sustainable sourcing takes cost out of the business” • “It reduces risk” Source: Interview Clifford Chance
  • 14. But what about Danone?
  • 16. What does research tell us? Purpose-Family = high camaraderie Purpose-Clarity = high clarity from management Firms with a high purpose clarity "exhibit superior accounting and stock market performance". Source: Gartenberg et al
  • 17.
  • 18. How is this different from vision and mission?
  • 19.
  • 20. • Vision: "what the organization wishes to be like in some years’ time. It’s usually drawn up by senior management, in an effort to take the thinking beyond day-to-day activity in a clear, memorable way." • Mission: "describes what business the organization is in (and what it isn’t) both now and projecting into the future. Its aim is to provide focus for management and staff.“ Source: Graham Kenny, Harvard Business Review
  • 21. So.... • Mission & Vision is more about the business & financial side of things? • And purpose is more about the societal, non- financial benefits?
  • 23. Purpose has replaced the mission statement: ‘woke’ or more holistic?
  • 25.
  • 27. Novo Nordisk: “Defeat diabetes”
  • 29. Tesla: “To accelerate the world’s transition to sustainable energy”
  • 32. 6 types of purpose (Source: Meaning Inc., Gurnek Bains)
  • 33. Pop quiz: what type of purpose does Disney believe in?
  • 34. Pop quiz: what type of purpose does Unilever show?
  • 35. How to find your purpose?
  • 37.
  • 38.
  • 39. Further reading: check our blog and/or subscribe to our newsletter

Editor's Notes

  1. Contact details for last page (copy and paste from here): Kristien Vermoesen Managing Partner Kristien.vermoesen@finnpr.com Twitter: @Kris10vermoesen Facebook: facebook.com/finnpr Rssfeed: http://www.finn.be7finn.rss FINN Public Relations Koolmijnenkaai 62, B-1080 Brussels T + 32 2 513 22 89, F+32 2 203 22 89 info@finnpr.com, www.finnpr.com