I have done a lot of work in the area of strategy because that requires you to define your competitive advantage in your market and find a way to leverage that to make a profit.  Equally as important is the organizational culture your people work in to make sure they are empowered and love working together as a team.

What is rising to the top again is the North Star of purpose which takes leaders beyond making a profit to making a difference.  This post by HBR is a very practical application of all three priorities:

“Early in my career, strategy was seen as the key to business success. More recently, purpose has become an essential element of doing business — the north star and inspiration meant to orient all company activities. But there is often a large gap between a company’s purpose and what its employees experience, and a simple communication campaign about the great new company purpose won’t do much good on its own.”

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