My colleague Andrew Kakabadse @Kakabadse has published a new book. In his research, supported by the global search firm Heidrick & Struggles, he found that:
“the starting point for any successful organisation, or any individual, must be value. Always. Value is the currency of success. The types of value organisations seek to create, and how they approach doing so lies at the very core of any understanding of what success looks like and what is required to make it a reality”
He also talks about how different types of organisations seek to create different sorts of value – whether it is shareholder value, social value, stakeholder value, or financial value. But all organisations must create value to legitimise their existence and be regarded by themselves and others as successful. He (rightly) states that creating value therefore is the primary purpose of leadership, and the building block of every success story that adorns annual reports, magazine covers and more.
Andrew Kakabadse’s latest book – ‘The Success Formula’ is available to order now from Bloomsbury: http://www.bloomsbury.com/uk/the-success-formula-9781472916846/.