Part of me reads Deloitte's 2018 Global Human Capital Trends Report and thinks "sounds idealistic" - then I remember that I chose to leave a well paid position with tons of potential for growth for these exact reasons. And I know several others. I guess that's more than idealism. And today what keeps me in my current role is not a passion for the industry or really that deep of a sense of fulfillment in my craft (both things I thought most important when I started out), but a respect for the leadership of my company and a pride in its honesty and service to clients.
According to Deloitte:
WHAT IS A SOCIAL ENTERPRISE?
It is an organization that shoulders its responsibility to be a good citizen (both inside and outside the organization), serving as a role model for its peers and promoting a high degree of collaboration at every level of the organization.
...People today have less trust in their political and social institutions than they have in years; many expect business leaders to fill the gap.
This point was made this year by BlackRock chief executive Laurence Fink. In his annual letter to CEOs, Fink noted that people are increasingly “turning to the private sector and asking that companies respond to broader societal challenges” and demanding that organizations “serve a social purpose.” Fink stated that shareholders, including BlackRock itself, are now evaluating companies based on this standard. A New York Times report suggested that the letter could be a “watershed moment on Wall Street” that raises questions about “the very nature of capitalism.”
Read the full Report here.