A noble principle that risks remaining in an abstract dimension if not declined operationally. It is 'purpose-washing', an empty slogan on the company website decrying a raison d'être that is as enlightening as it is devoid of real impact. True purpose-driven companies do not simply define their purpose, but construct a congruence between what, how and why.
The what is about what the company offers to customers. Sometimes recognising and discovering a new purpose can lead to innovation in the products or services offered. This is the case ofMoleskine, which has long identified itself not as a company that produces notebooks, but as an organisation that contributes to the dissemination of culture, knowledge and creativity. A purpose that has led it to innovate its offer in the fields of digital apps, cafés, and travel accessories. Similarly, if the purpose ofMicrosoft had not evolved into the ambition to 'help every individual and every organisation achieve their best', it would hardly have innovated its business model by creating a platform capable of democratising access to AI.
The how refers to the way an organisation operates: from leadership models to performance evaluation criteria to the internal organisation of processes. If the why refers to the ethical dimension - the morals on which actions are based - the how approaches aesthetics, i.e. the way in which actions are managed and thus perceived externally.
Gary Lubner, former CEO of Belron (present in Italy under the Carglass brand), has been able to transform a seemingly simple service - the repair of car windows - into a gesture of care towards the customer in a stressful situation. This attention to aesthetics has led to a doubling of turnover in the space of a decade.
Only companies that are able to build a truly expansive, ambitious, long-term purpose, aligned with the how and the what, succeed in generating concrete benefits for their shareholders as well. Numerous studies report that purpose-driven organisations have in the medium to long term better financial performance, increase customer loyalty and talent attraction, develop a stronger corporate culture and generate greater employee well-being. In other words, they know how to create a positive impact both for shareholders and for the entire social, economic and environmental ecosystem. Purpose is a powerful motivational lever, especially for the younger generations who are looking not so much for a place to work but for a platform of meaning that allows them to care about what they believe in.