The European Business Review

LINKING PROFIT AND PURPOSE DOESN’T JUST DO GOOD: IT CAN BOOST THE BOTTOM LINE, ATTRACT NEW BUSINESS AND DRIVE GROWTH

Almost 10 years ago I founded my digital marketing agency, Search Seven. At the time I was clear that I was starting a business in order to make a living – and as all business owners will recognise, businesses must be profitable. But it was essential for me that my day to day working life added something to the wider world. That’s why I made the decision to link profit to purpose in my company, and pledge seven per cent of our annual profits as donations to charity.

The desire to keep the focus of the business broader than simply the numbers of the balance sheet has gone on to shape the way in which the company is run, the clients it attracts and the staff that make us. It’s really written into our DNA as

You’re reading a preview, subscribe to read more.

More from The European Business Review

The European Business Review6 min readGender Studies
How Global Companies Are Implementing Supplier Diversity policies
It has become increasingly common for companies to implement supply-chain diversity to maintain a good image and show commitment to sustainability efforts. Here are some insights into how Fortune Global 500 companies are diversifying their supply cha
The European Business Review4 min readLeadership
Superman Is Not Real, Neither Is Superleader
What do you look for in a leader? Are good entrepreneurs necessarily good leaders? Hakan Kapucu takes a dive into why leaders cannot be Supermen but good humanity should be the deciding factor for an ideal leader. History has witnessed impactful busi
The European Business Review9 min readLeadership
Strategic Leadership For Growth In Turbulent Times1
In uncertain times, strategic leadership is crucial for navigating growth. Dr Peter Lorange, Honorary President of IMD, explores how executives can harness volatility to drive success. This blueprint proposes developing innovative programmes for lead

Related Books & Audiobooks