Harnessing Purpose for Sustainability

In our next episode of the Building Competitive Advantage in a Sustainable World podcast, David Young, our BCG Henderson Institute Fellow researching Sustainable Business Model Innovation, interviews BrightHouse CEO Ashley Grice.Ashley discusses how Purpose helps companies articulate how they differentially and authentically solve a need in the world, bringing the ideas of environmental and societal sustainability and sustainable business together.Following the proliferation of the concept for corporate Purpose in the last few years, Ashley anticipates Purpose will become even more relevant as societies work to recover from the series of crises that occurred in 2020. Boards, employees, customers, and even regulators will all demand more Purposeful businesses.While digging deep into Purpose will be uncomfortable initially, companies that harness it will find a powerful lever to help transform their culture, align people, stimulate innovation, accelerate growth, and infuse true meaning into their business for the long-term.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Om Podcasten

Businesses have a unique opportunity to create a better world, addressing major environmental and social challenges in a way that creates new business value and competitive advantage. How can they do this? In this show, Dave Young, Fellow at the BCG Henderson Institute and Global Lead for the Total Societal Impact topic at BCG interviews senior business executives across the world to discuss their experiences and views on what it will take for companies to reunite the two "S-words" of business strategy: sustainability and sustainable competitive advantage.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy