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It's Not What You Sell, It's What You Stand For: Why Every Extraordinary Business Is Driven by Purpose
 
 
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It's Not What You Sell, It's What You Stand For: Why Every Extraordinary Business Is Driven by Purpose [Bargain Price] [Hardcover]

Roy M. Spence Jr. (Author), Haley Rushing (Contributor)
4.8 out of 5 stars  See all reviews (10 customer reviews)


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Book Description

February 5, 2009
Who is Roy Spence and what makes him the “Pied Piper of Purpose”?

Over the last thirty-five years, Roy Spence has helped organizations such as Southwest Airlines, BMW, the University of Texas, Walmart, the Clinton Global Initiative, and many others achieve greatness by getting them to obsess about one big idea: purpose. With purpose as the North Star, employee engagement is higher, competition is less threatening, customers are more loyal, and innovation flows. It’s the secret to developing a more fulfilling work life as well as a healthier bottom line.

Simply put, purpose is a definitive statement about the difference you are trying to make in the world. As Spence writes, “It’s your reason for being that goes beyond making money—and it almost always results in making more money than you ever thought possible.” It’s not “soft stuff,” as some might scoff. Especially during times of great economic uncertainty, purpose is the key to creating and maintaining a high-performing organization. It deserves just as much attention as strategy, execution, and innovation.

A real purpose can’t just be words on a piece of paper. It has to get under the skin of every member of your organization—like Southwest’s purpose of “democratizing the skies” or Walmart’s of “saving people money so they can live better.” If you get it right, your people will feel great about what they’re doing, clear about their goals, and excited to get to work every morning. No organization is too big or too small, too niche or too mundane, to benefit from a clearly defined purpose.

Spence and coauthor Haley Rushing share their insider insights and case studies to help you discover your organization’s purpose, proclaim it to the world, and apply it to everything you do. This book will force you to address some tough and profound questions:

* What difference do we want to make in the world?
* What do we really stand for?
* Do we have purpose-based leaders in key roles?
* Do our employees feel like what they do matters?
* Would our customers miss us if we ceased to exist?
* Do we bring our purpose to life everywhere we can—both internally and externally?

Spence’s hard-won lessons will change the way you view your job, your business model, your leadership style, and your marketing. They will help you make money, make a difference, and—with a little luck—make history.

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Editorial Reviews

From Publishers Weekly

Every business should strive for more than just profit; it should aim to become an organization of great purpose—pledged to make money, make a difference and make history, cheerleads Spence, chairman and CEO of ad agency GSD&M. The author supplements uplifting homilies with case studies (starring his clients) to argue that a high-concept purpose can bring vitality to any company. Southwest Airlines, for example, worked hard not just to lure customers away from older airlines but to offer affordable air travel, democratizing the skies. Likewise, Wal-Mart brings goods that were once distant luxuries to rural families. Highway littering was rising by 17% per year in Texas until an enterprising politician appealed to state pride with the Dont Mess with Texas campaign. Spence argues that people work harder and more joyfully when they believe they are part of something larger than themselves; he speaks enthusiastically about employees turned into company evangelists and the power of purpose-based leadership. This is a positive reminder of the private sectors potential in making a difference in the world. (Feb.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review

“Roy Spence is a brilliant, sparkling gem. Dedicated to the idea that true greatness comes in direct proportion to passionate pursuit of a purpose beyond money, he has inspired and changed leaders in every sector.”
— Jim Collins, author of Good to Great; coauthor of Built to Last

“If you’re looking for a way to inspire people, mobilize the talent and energy of your organization, and make a real difference, the road map and case studies in this book will help you do it.”
Bill Clinton

“Roy Spence’s instructive book reflects his charismatic genius, his evangelical zeal, and his synergistic understanding of what makes businesses lodge in the hearts, not just the minds, of employees and customers.”
— Herb Kelleher, founder, Southwest Airlines

“Roy Spence’s creative brilliance has been an enormous influence on helping people better understand what the PGA TO UR stands for. The wisdom contained in this book is a great resource for those who want to lead their business with a purpose.”
—Tim Finchem, commissioner, PGA Tour

“Roy Spence has nailed the power of purpose in this visionary book and it will motivate and inspire you to find and fulfill a purpose at the heart of your organization.”
— Jim Stengel, former P&G global marketing officer and President/CEO, The Jim Stengel Company

“At BMW, we live and breathe purpose. Roy’s book and the powerful way he outlines how to bring purpose to life within your entire organization is the clearest game plan ever written on how to win on purpose.”
— Jack Pitney, vice president marketing, BMW of North America

“Roy Spence has a great gift for getting to the heart of the matter. Fearless in questioning the status quo and relentless in rejecting cynical shortcuts, he has his finger on the pulse of America like no one else.”
— Margaret Heffernan, Author of How She Does It

“Roy Spence’s book demonstrates the power of purpose in building successful organizations. He shows how to discover your purpose, cultivate it, and use it to make a difference as well as to make profits.”
— Bill Novelli, CEO, AARP

Product Details

  • Hardcover: 336 pages
  • Publisher: Portfolio Hardcover (February 5, 2009)
  • Language: English
  • ISBN-10: 1591842417
  • ASIN: B002ACPM5Y
  • Product Dimensions: 9.1 x 5.9 x 1.3 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (10 customer reviews)
  • Amazon Best Sellers Rank: #767,304 in Books (See Top 100 in Books)

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Average Customer Review
4.8 out of 5 stars (10 customer reviews)
 
 
 
 
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6 of 6 people found the following review helpful:
5.0 out of 5 stars An important book for entrepreneurs - and anyone in public relations!, February 16, 2009
This is clearly a critical addition to the bookshelf of anyone who wants to start their own business and also feel they are doing something worthwhile with their lives, in addition to earning a living. The entire concept of knowing your purpose can make the difference between success and failure and is the core element of all 318 pages. In addition to knowing your purpose (which, in essence, is your position in the marketplace), a critical question asked by the authors is would your customers miss you if your company (or your product) ceased to exist? For all the good intentions you may have, someone out there has to be interested in what you are selling - whether it's a product, a service or even a political concept.

PR professionals, especially, should read this book. If the idea behind the product you are selling - or the ideals, beliefs or positions of the person you represent - is not in tune with your own purpose (even your soul), think hard about finding a different client. Being true to yourself, "what you stand for," is step one in truly making a difference in our very complex society. (Reviewed by the author of: Personal Publicity Planner: A Guide to Marketing YOU and Top Cops: Profiles of Women in Command)
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1 of 1 people found the following review helpful:
5.0 out of 5 stars MBA Students Need To Read, June 16, 2010
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This review is from: It's Not What You Sell, It's What You Stand For: Why Every Extraordinary Business Is Driven by Purpose (Hardcover)
This book is way better than I expected. I didn't even know you could write a 300 page book about purpose. I really bought it because Amazon had it at Bargain Price. Mr. Spence spends the book highlighting a few companies: Wal-Mart, Southwest Airlines, Red Cross, AARP, Charles Schwab, John Deere, Whole Foods and others. Yet he clearly shows the correlation between their success and their ultimate purpose. There are many companies that don't have purpose yet they make money and are extremely successful. However, those companies aren't the ones we root for. Those companies are successful at the expense of its stakeholders. The top three things I've learned are:

- Employees need purpose. Many people wake up not knowing why they get up to go to work every morning. If you share your purpose with employees you will become more than just a paycheck to them.

- Defend employees over your customers when necessary. A customer can be replaced but a chastized employee can be a cancer to your organization and make even more customers upset.

- Stick to your purpose and strategy even if competitors are doing something that seems more successful. This is not stubborness, but awareness of the fact that you can't be all things to everyone.

We look at many companies, but I don't think we recognize a purpose in each. He could have added Apple, whose main purpose in recent years has been a kind of anti-Microsoft movement. This purpose moves both employees and customers.

Great Read!
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1 of 1 people found the following review helpful:
5.0 out of 5 stars A manifesto for the next era of business, April 2, 2009
If you're a shareholder value evangelist who wants public companies to maximize their financial strength, read this book. If you believe that great companies exist to make a difference for their employees, customers, shareholders and communities, read this book. If you love brands that matter and leaders who inspire; if you believe that businesses can change the world; and if you know in your heart that the future can be better than we can even imagine right now, read this book. Read this book.
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Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
great purpose statement, saving people money, how purpose
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Southwest Airlines, John Deere, American Red Cross, Whole Foods Market, Social Security, Freestyle Cruising, Sam Walton, Charles Schwab, Golden Rule, Wall Street, Stewards of Purpose, Have the Will, Discovering Your Purpose, Sea of Sameness, Purpose-Based Leadership Principles, Idea Class, World Market, Coach Wood, Articulating Your Purpose, Find the Thrill, Love Field, Jim Collins, Big Daddy, John Mackey, Higher Ground
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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