What influences one company to invest in real impact and another to pay lip service to purpose? “As much as leadership might want to do something, if the capital doesn’t want it to happen, it’s probably not going to,” Sunny Vanderbeck, Co-Founder and Managing Partner of Satori Capital tells We First.
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Successful business leaders know when to take calculated risks that can lead to profitable rewards. Innovative companies pioneer uncharted territory in terms of products to gain market share. Purposeful trailblazers push the boundaries around impact to foster goodwill.
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If humanity is going to manifest a sustainable future, companies must join governments and nonprofits in transforming our economy. While individualized actions are necessary, we need widespread collaboration to truly shift the needle.
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Today’s corporate leaders realize that purpose is essential to starting and growing a business. That said, purpose alone won’t make your business successful. It is the integration of impact, quality products, customer service and meaningful storytelling that allows brands to gain a competitive advantage.
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Through hard times and good, brands that cultivate meaningful relationships with key stakeholders survive and thrive. That’s the case with youth culture mainstay, Vans.
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Strong communities build strong businesses and a strong economy. Companies that cultivate community development strengthen stakeholder bonds and financial opportunity. By supporting others to live their best life, especially during a crisis, you will be rewarded with consumer loyalty and goodwill.
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