Values are not about profits. They are about Innovation. Which fuels market share and has the intended result of increased profits.
The assumption that profits rule the world is a projection. Imo, Innovation rules the world.
The assumption that profits rule the world is a projection. Imo, Innovation rules the world.
Values as people understand them are usually about neither profit nor "innovation". It's about people, morality, and goals other than money.
In strategy, there are 2 types of innovation
Incremental and Disruptive
Both types give organizations increased power over territory.
People are the blood of an organization. Ethics and people determine culture which determines goals.
Innovation is the strategic foothold for keeping an organization alive as it travels into the future.
EDIT: I want to add that all organizations (even non-business) need innovation. Civilizations, Empires, Protests, Support groups, Religious groups, etc... This is due to environments constantly changing. This is what Strategic Planners help with.
> Incremental and Disruptive
I'm guessing you're taking this from a particular philosophy, perhaps a particular known book. Even if the word makes sense in there, it's not necessarily how other people are using it.
For comparison, if you look at the first paragraph of Wikipedia's article on innovation, you'll find so much wiggle room in there that you could call every business "innovative".
If this is the way we are heading, then I am kinda scared and feel like the only way for me to not be in the chopping block is to join them.
I help a lot of mom'n'pop type shops introduce innovations into their operations. Most places just need a solid online presence with a proper SEO strategy. Others need unique solutions that are foreign to their industries.
EDIT: The phrase "Innovate or die" is popularized for the concept of profits or innovation.