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The Heart of Business

Leadership Principles for the Next Era of Capitalism
Summary:

The book presents a transformative leadership philosophy that emphasizes purpose, people, and moral responsibility, arguing for a shift from a sole focus on profits to a model that benefits all stakeholders. It shares practical insights and experiences from the author's tenure as CEO of Best Buy, demonstrating how this approach can lead to renewed success and a more humane form of capitalism.

Key points:

1. Purposeful Leadership: Joly stresses that leaders should focus on their organization's purpose, not just profits, to create a positive impact and sustainable success.

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