Articles

Aaron Hurst on Creating Purpose

In this video, Aaron Hurst – CEO & Co-Founder of Imperative and author of The Purpose Economy – outlines the value to individuals and organisations of finding and creating purpose in your work. Transcript (Auto-Generated) It’s up to you to create that purpose. It’s not about getting to some level, some amount of money purpose is your choice, we need to let go of these three myths and realise purpose is not about a cause you don’t need a non-profit or charity to give you purpose you don’t need to get struck by lightning and you don’t need to have a certain amount of money or title to deserve or develop purpose once we let go of those everyone has ability and access to purpose and this matters because it’s tied to how long you live people who work and live with purpose live longer and their well-being is higher and in studies we’re now doing with companies like LinkedIn we’re finding people who work a purpose are higher performers than those who aren’t.

A New Revolution: Breaking Down the Governance Bastille?

Do you ever wonder why everyone keeps telling us in NFP governance, that ‘one size doesn’t fit all’ and then proceeds to tell us precisely what ‘best practice’ dictates about how we must govern? The body of ‘best practice’ lore usually comes from asking questions about how things are done in comparable organisations. For a start, the answers are too often based on looking at how things are done in non-comparable large listed corporations.

Unleashing the Power of Purpose

In Aaron Hurst’s book ‘The Purpose Economy’, he says “purpose comes when we know we have done something that we believe matters, to others, to society, and to ourselves.” Hurst believes that the nature of purpose is often misunderstood, a point of particular relevance to leaders of for-purpose (not-for-profit) organisations both at board and executive level. Our suggestion is that there is untapped potential in connecting to the power of purpose – both at an individual and organisational level.

Seat Warmers and Saboteurs – Dealing with Difficult Directors

Communication breakdown and relationship failure within a board are a challenge for many organisations. Some of the stories we hear most commonly from directors at Better Boards are related to challenging relationships within the boardroom. Governance is not a solitary activity – it involves sharing and debating ideas, but also cooperation. The capacity of the board to come together for decision-making can have a direct impact on its effectiveness. Sometimes these types of conflict are fleeting, unforeseeable or just a blowing-off of steam, but in other more serious instances, they are the result of an underlying dysfunction in the group such as a poor board culture, or simply an individual board member who is a bad fit for the board or for the role.

Increasing Board Opportunities for Young Women

Closing the leadership gap for young women is a formidable challenge, however there is no excuse for accepting the status quo. There is compelling evidence to suggest that organisations perform better when women are well represented at senior levels and in the boardroom. This is referred to as the business case for gender diversity. Women perform better academically and are now graduating from tertiary institutions at higher rates than men. This has created a pool of well-educated, talented and ambitious women who are valuable resources for business and organisations.

The Gardener or the Lawyer? Who to Call First When Making Governance Change in NFPs

Not-for-profit governance is awash with change in Australia. Some organisations are moving from being incorporated associations under state law to Companies Limited by Guarantee under the Commonwealth’s Corporations Act. Others are replacing representative boards with skills-based boards. And still others are investigating ways of replacing old federated structures with new national ones. As any lawyer can explain, these changes are all relatively easy to make from a structural point of view.

Critical Success Factors for Social Enterprises

We asked Michael Dawson, CEO of CBB the not4profit people about what advice he had for organisations in the early stages of starting up. He shared with us his seven critical success factors for start-up social enterprises. This article is extracted from a longer interview conducted with Michael for the podcast SproutCast. 1. Put your mission first “The first of our critical success factors is to have a very strong focus on mission… We need to have a focus, a clear articulation of our purpose and in Simon Sinek’s language: our “why”.

Rethinking Leadership

Growing Capacity in the face of continuous and complex change There is so much talk about the need for “leadership”. Whenever things get difficult, up goes the call – “someone please help us get out of this mess” (at no cost to ourselves)! In an ever faster, more complex world, organisations face difficult change and uncertainty. Even new possibilities present complexity. Corporates have to navigate shifting markets and global competition: yesterday’s leading companies may be tomorrow’s basket cases.

Dealing with Disputes in the Boardroom

In accordance with their fiduciary duties to the organisation, directors have a responsibility to implement good governance. The board is expected to operate collegially. Each director brings to the boardroom their own particular skills, knowledge and experience, and has a duty to apply that skills, knowledge and experience. An effective board seeks to stimulate the flow of ideas, identify key issues, consider alternatives and make informed decisions. To do so requires often-vigorous debate, which can sometimes turn into conflict, but there are many more reasons why issues might arise.

The Power of People and Collaboration to Create Lasting Change

Whether they see themselves as leaders or not, those who have the drive and passion to create social change are the people we need to back. We need to invest time, energy and resources into creating opportunities for these individuals to connect and collaborate, so they can develop new approaches and new ways of thinking if we are to overcome the tough social issues facing Australians today. The social problems we face today are complex and far-reaching.