This episode critiques the prevalent but often hollow use of vision, purpose, and values statements within organisations. It argues that vision statements frequently lack genuine foresight, simply aping the current business model and hindering innovation, while many stated purposes are undermined by the fundamental drive for shareholder profit, exemplified by companies like polluting utility providers.
It asserts that corporate values are broadly meaningless, falling into categories such as the "silly inverse", "delusional", "compliance re-badged", or "basic work stuff", which fail to genuinely influence behaviour, as illustrated by endless scandals at companies claiming high ethical standards.
Ultimately, the author suggests that these abstract statements often serve as performative nonsense rather than practical guides for effective operation or ethical conduct.
Excerpts from Magnetic Nonsense: A Short History of Bullshit at Work and How to Make it Go Away
Note: podcast generated by Google LM Notebook from the original book text.
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