Meet the moment

The business world is changing

Expectations of organizations are evolving. Instead of simply focusing on profits or value for shareholders, businesses and organizations of all types are increasingly expected to embody a new purpose of the corporation that accounts for the interest of all stakeholders, including society as a whole.

In order to compete, corporations must be able to articulate the purpose they serve, and a benefit that goes beyond shareholder returns.

Canadians expect more

In the last two decades, the world has fundamentally changed and with that change have come shifting conceptions of the role of business in society. For private sector organizations, simply meeting the expectations of today is not enough. Those expectations are rapidly changing, and the target is moving still.

Research conducted by the Centre reveals a tremendous hunger for change to the private sector and its role in society. In the simplest terms, Canadians understand the positive economic contributions made by businesses but at the same time harbour an overwhelming desire for change. This atmosphere creates genuine risks to organizations but more importantly, it presents an unparalleled opportunity for them.

For business leaders, the need is clear: meet the moment and articulate your organization’s purpose.