How will you judge your success? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

How will you judge your success?

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in Best-Practices Leadership,Leaders & Managers

Over recent decades, the thinking has held that leaders should be evaluated solely on performance, usually defined as financial performance.

Now, several Harvard researchers say that providing meaning and purpose for employees is an equally important gauge of leadership. Meaningful work has plenty of traction, they say.

Like the heroes in children’s stories way back when—from Mike Mulligan and his steam shovel to the Little Engine that could—they celebrate work.

Their view: High-powered organizations have certain things in common, including leaders who lay out a bigger mission than simply making money. Example: The 18 mission-oriented organizations profiled in Built to Last had outperformed the stock market by a factor of 12 since 1925.

Even if making work meaningful isn’t a leader’s most critical job, it’s still important, the researchers say. In fact, they can’t think of anything more worthy of explanation than the meaning of work … except the meaning of life.

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