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The High-Purpose Company: The TRULY Responsible (and Highly Profitable) Firms That Are Changing Business Now
 
 
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The High-Purpose Company: The TRULY Responsible (and Highly Profitable) Firms That Are Changing Business Now [Hardcover]

Christine Arena (Author)
5.0 out of 5 stars  See all reviews (4 customer reviews)

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Book Description

December 26, 2006

In The High–Purpose Company, corporate strategist and researcher Christine Arena shows that

some extraordinary companies are driven by purpose, whereas others simply pretend to be. The High–Purpose Company draws a clear line in the sand, enabling readers to easily distinguish between these two groups––and make a giant leap forward.

Using a groundbreaking methodology, Arena and her research team conducted thousands of hours of analysis on the corporate social responsibility (CSR) practices of 75 well–known firms. The surprising results of the study defy long–held myths, rewrite rules, reframe strategic priorities, and reveal a new breed of business.

Real CSR is about change, not charity. The High–Purpose Company uncovers this and other truths, and guides readers through the step–by–step process that is currently embraced by the world's most forward–thinking firms.


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Editorial Reviews

From Publishers Weekly

What does it mean to be a socially responsible company? As Arena (Cause for Success) points out, the matter is up for debate, with some environmentalists criticizing corporate "green" programs as PR stunts, while capitalist hard-liners insist companies have no business looking after anything but profit. For Arena, however, corporate responsibility isn't about broad themes like doing the right thing or making the world a better place, and it doesn't have to be a financial burden. Seeing business, society and the environment as parts of a linked system, she calls upon companies to "establish a purpose that's bigger than the end product." Instituting environment-friendly programs, for example, isn't just a matter of being green, but of developing financially sound practices that make the company more efficient. To illustrate her points, she draws liberally upon case studies from companies like JetBlue that work to "play by the rules and advance the ball," as well as companies like Merck, whose relationships with consumers and stakeholders have suffered after missteps. The well-presented evidence buttresses a forceful argument that companies that care about more than making money can still succeed. (Jan. 7)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review

“An important and much-needed book.” (—Gil Friend, CEO, Natural Logic )

“The well-presented evidence buttresses a forceful argument that companies that care about more than making money can still succeed.” (—Publishers Weekly )

“A well-written and engaging book. . . . Arena clearly presents her points and methodology.” (—Liz Maw, Executive Director, Net Impact )

“Arena strikes a healthy balance by looking at what’s right and wrong with the CSR movement.” (—Mats Lederhausen, managing director, McDonald's Ventures )

“Kudos to Christine Arena for daring to challenge sound-bite thinking! She asks important questions.” (—Sue Mecklenburg, vice president sustainable procurement practices, Starbucks Coffee Company )

“Arena cuts through the hype. …This book is a must read for CEOs and future leaders.” (—Linda Dunkel, President & CEO, Interaction Associates )

Product Details

  • Hardcover: 304 pages
  • Publisher: HarperBusiness (December 26, 2006)
  • Language: English
  • ISBN-10: 0060852070
  • ISBN-13: 978-0060852078
  • Product Dimensions: 9.2 x 6.3 x 1 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #48,117 in Books (See Top 100 in Books)

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Customer Reviews

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9 of 9 people found the following review helpful:
5.0 out of 5 stars Elad's review, January 8, 2007
This review is from: The High-Purpose Company: The TRULY Responsible (and Highly Profitable) Firms That Are Changing Business Now (Hardcover)
I am a professional in the Corporate social responsibility field who has been very disturbed by the tendency in the field to focus upon right and wrong, good and bad companies while seemingly missing a critical point- businesses are in the business of pleasing shareholders. Ms Arena's book opened up a rare vantage into the CSR filed by demonstrating the business case for CSR and in addition inspiring me by the stories of tremendous good that these very same financially successful firms were achieving.
I beleive that we are seeing a revolution in Capitalism of revival of the interconnections between the common good and the good of the company- Christine has built the foundation for seeing first hand how financial success and doing good are interdependent.
I am very excited by what I have read and individually inspired to pass the word on to colleagues about her book- it is highly readable- well written unlike many business books and full of juicy tid bits about companies i have both admired like Toyota and also those that I would never have thought were worth admiring.
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5 of 5 people found the following review helpful:
5.0 out of 5 stars Great Read to dispel the myths about Big Bad Companies, January 13, 2007
By 
Theotoks (San Leandro, CA United States) - See all my reviews
This review is from: The High-Purpose Company: The TRULY Responsible (and Highly Profitable) Firms That Are Changing Business Now (Hardcover)
If you have gotten cynical about corporate social responsibility - this is the book for you! Very hopeful and accessible, even inspiring!

Christine Arena paints a whole different picture of socially responsible companies - they are making money BY being socially responsible, not IN SPITE OF it.

It's research, but not stuffy or academic. The case studies make for a great read - I highly recommend The High Purpose Company.

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3 of 3 people found the following review helpful:
5.0 out of 5 stars A great read!, January 20, 2007
This review is from: The High-Purpose Company: The TRULY Responsible (and Highly Profitable) Firms That Are Changing Business Now (Hardcover)
This is a great book for those who are just learning about CSR as well as those with more experience. The author does a great job of illustrating both successes and failures and asks the readers to really examine the subject of corporate responsibility. Readers learn to explore if companies are just putting on a good act or really making significant, positive strides in their business practices.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
social responsibility report, environmental innovation, corporate responsibility
Key Phrases - Capitalized Phrases (CAPs): (learn more)
High-Purpose Companies, Eileen Fisher, Fair Trade, Patients Come First, High-Purpose Company, United States, John Deere, Altria Group, New York Times, Amnesty International, General Electric, Prince William Sound, Sierra Club, Wal-Mart Watch, Wall Street, Alex Winslow, American Airlines, Best Citizens, Gap Inc, New England Journal of Medicine
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