Description: FREE SHIPPING UK WIDE Intended Consequences: How to Build Market-Leading Companies with Responsible Innovation by Kevin Maney, Hemant Taneja, Kenneth Chenault A pioneering venture capitalist provides an actionable framework for founders and executives to create innovative, enduring companies built for growth and for societal good.The Milton Friedman philosophy that companies exist only to increase shareholder value is dead and buried. The old Silicon Valley tenets of "move fast and break things," minimum viable products, and hyper engagement at any cost must be replaced with new principles for an era of responsible innovation. We can no longer manage businesses solely for growth. With innovation comes responsibility: to generate returns beyond profits and to recenter technology as a force for good in the world. This requires a shift in the way organizations approach and value work.A companys mindset—its intent to do good, avoid harmful consequences, and innovate responsibly—is not enough. That mindset must be supported by a business model, a mechanism that leaders must intentionally and proactively build along with the company from the ground up, one that incentivizes and rewards the organization for fulfilling its intentions. Companies need a new set of KCIs, or key consequence indicators, that measure factors such as its impact on customers energy consumption, whether its product is being used equally across socioeconomic groups, or if it is actually solving the social problem it is addressing. Not only is this the right thing to do—increasingly, it is what customers, employees, and shareholders demand of business.In this inspiring, practical, and actionable guide, Hemant Taneja:lays out the argument for why a new model of company building and leadership is necessary—and how it can lead to better performanceexplores why social-good businesses are some of the greatest opportunities today, detailing examples of billion-dollar startups that are addressing inequality, climate change, systemic societal problems, and chronic disease—all while generating profit and positive shareholder returnspresents a topic-by-topic road map that addresses business models, artificial intelligence, ethical growth, culture, governance, and good citizenshipIntended Consequences is designed as the ultimate playbook for founders, entrepreneurs, leadership teams, and investors on how to build and maintain a responsible innovation company. FORMAT Hardcover LANGUAGE English CONDITION Brand New Back Cover " Intended Consequences thoughtfully outlines how and why capitalism must change in the twenty-first century. This important book should be required reading in every business school and boardroom in America." -- Tom Steyer , investor, activist, and former candidate for US President "Hemant Taneja and Kevin Maney lay out a thoughtful and robust playbook for how business leaders can and should build a culture of responsibility behind the companies and innovations they bring to market. As the authors rightly assert, if your technology disrupts, you must also repair--an approach that benefits not only companies but workers and society as well. Intended Consequences is a must-read." -- Penny Pritzker , founder of PSP Partners and former US Secretary of Commerce " Intended Consequences provides a blueprint for founders, investors, and leaders who aspire to build transformative businesses where impact is a fundamental feature. Hemant is a gifted thinker and one of the few people I know with the mind and courage to steer technology in the right direction. This is a must-read for anyone motivated to change the world." -- Jim Breyer , founder and CEO of Breyer Capital "A prescription for a healthier society, this book describes a proactive approach to creating durable companies intentionally designed to make the world a better place." -- Marc Harrison , MD, President and CEO of Intermountain Healthcare "An urgent book from one of the worlds most forward-thinking venture capitalists. The argument in Intended Consequences is built on a searing critique of companies that rush to innovate without consideration of the potentially toxic ripple effects, but the real power in the book comes from its playbook on how to build companies that innovate responsibly, with a more thoughtful, values-driven intentionality. A vital read for any founder committed to building a future-fit business." -- Youngme Moon , Donald K. David Professor of Business at Harvard Business School and author of Different "Hemant makes a powerful case for why companies must own their impact on society. As company builders, we have an opportunity to take on humanitys greatest challenges (climate change, inequality) and to transform vital frontiers (healthcare, energy, finance). Hemant shares a framework for leaders to build intentionally and to create a positive, enduring societal impact. This thesis is the start of a critical global discussion among investors, business leaders, and innovators about how we must harness the power of capitalism and responsible innovation for good above all else." -- Ashwini Zenooz , President and CEO of Commure " Intended Consequences provides invaluable guidance for the emerging data enterprise of the twenty-first century. Taneja and Maney point the way toward a future shaped not by zero-sum trade-offs among stakeholders but by fresh approaches and values-based choices. And while their focus is on startups, the lessons are equally applicable to established enterprises, as we move into a new era of stakeholder capitalism." --Jon Iwata, Executive Fellow at the Yale School of Management and former Chief Brand Officer of IBM "This is a powerful and paradigm-shifting book, which argues--as I firmly believe--that it is not only possible but imperative that todays entrepreneurs and investors do well by doing good in the world. The businesses that will endure and have generation-defining, category-defining impact will do so because they seek to solve real social problems, align their business models with their intentions, and hold themselves accountable for creating lasting outcomes." -- Toyin Ajayi , cofounder and President of Cityblock Health "Throughout my career, Ive had the privilege of working in innovative environments focused on making a difference. Responsible innovation matters and is foundational in the era of stakeholder capitalism. Intended Consequences not only thoughtfully articulates why responsible innovation matters but also provides a framework and actionable plan to incorporate it into the nucleus of a company." -- Robin Washington , healthcare entrepreneur and former Chief Financial Officer of Gilead Sciences Author Biography Hemant Taneja is an investor, founder, and author. He is the managing partner of the venture capital firm General Catalyst. Taneja and General Catalyst are investors in market-leading companies such as Airbnb, Commure, Stripe, Livongo (which was acquired for $18.5 billion, the largest transaction in digital health history to date), Samsara, Snap (NYSE: SNAP), Olive, Applied Intuition, Grammarly, Gusto, Ro, and Warby Parker. He serves on the Stanford School of Medicine Board of Fellows and has worked on climate and energy issues as the cofounder and chairman of Advanced Energy Economy. He is the coauthor of Unhealthcare and Unscaled. Kevin Maney is a founding partner of Category Design Advisors. A technology journalist, he has written for dozens of media outlets, including USA Today, Fortune, Wired, and Newsweek, and has appeared regularly on radio and television, including NPR, CNN, CNBC, and CBS Sunday Morning. Maney is the coauthor of the bestseller Play Bigger, the New York Times bestseller The Two-Second Advantage, The Maverick and His Machine, UnHealthcare, and Unscaled, among other titles. Details ISBN1264285493 Author Kenneth Chenault Pages 208 Publisher McGraw-Hill Education Language English Year 2022 ISBN-10 1264285493 ISBN-13 9781264285495 Format Hardcover Imprint McGraw-Hill Education Place of Publication OH Country of Publication United States Publication Date 2022-03-07 AU Release Date 2022-03-07 NZ Release Date 2022-03-07 US Release Date 2022-03-07 UK Release Date 2022-03-07 DEWEY 658.408 Audience General We've got this At The Nile, if you're looking for it, we've got it. 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Format: Hardcover
Language: English
ISBN-13: 9781264285495
Author: Kevin Maney, Hemant Taneja, Kenneth Chenault
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Book Title: Intended Consequences: How to Build Market-Leading Companies with
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