This book explores how five dividends (based on five capitals) can be developed through attention to a sixth dividend (and sixth capital) – the dividend from our planet and communities. The planetary dividend is the flourishing of humanity – but it is also a significant dividend to the business. For example, by engaging the business in a purpose-led orientation to enhance the planetary dividend, the dividend from human resourcefulness becomes manifest – employee sense of purpose, commitment, passion and energy. The realisation of such can also connect with dividends from innovation, operations and brands. For example, the business benefits from a purpose-driven brand.
In short, responsible leadership of purpose outlines a case for leadership to focus on a connected portfolio of ‘good’ dividends as an answer to the question ‘leadership for what?’ The book is written by academics and organisational leaders. It draws on a range of research with leaders from a variety of contexts to illustrate the challenges but also the benefits of this argument. It is an ambitious book: ambitious, in terms of moving leadership towards realising purpose; ambitious by seeking to align a range of business disciplines around responsible leadership; and ambitious because it challenges the dominant assumptions that shape business leadership. However, it is based on a simple question: why would a business not wish to generate good dividends for all its stakeholders?
Steve Kempster is Professor of Leadership Learning and Development at Lancaster University Management School, UK.
Thomas Maak is Professor of Leadership and Director of the Centre for Workplace Leadership at the University of Melbourne, Australia.
Ken Parry was Professor of Leadership Studies at Deakin Business School, in Melbourne, Australia.