Intended Consequences 1st Edition – Ebook Instant Download/Delivery ISBN(s): 9781264285501,9781264285495,1264285493,1264285507
Product detail:
- ISBN 10: 1264285507
- ISBN 13: 9781264285501
- Author: Hemant Taneja, Kevin Maney
The Milton Friedman philosophy that companies exist only to increase shareholder value is dead and buried. The old Silicon Valley tenets of “move fast and break things,” minimum viable products, and hyper engagement at any cost must be replaced with new principles for an era of responsible innovation. We can no longer manage businesses solely for growth. With innovation comes responsibility: to generate returns beyond profits and to recenter technology as a force for good in the world. This requires a shift in the way organizations approach and value work.
A company’s mindset―its intent to do good, avoid harmful consequences, and innovate responsibly―is not enough. That mindset must be supported by a business model, a mechanism that leaders must intentionally and proactively build along with the company from the ground up, one that incentivizes and rewards the organization for fulfilling its intentions. Companies need a new set of KCIs, or key consequence indicators, that measure factors such as its impact on customers’ energy consumption, whether its product is being used equally across socioeconomic groups, or if it is actually solving the social problem it is addressing. Not only is this the right thing to do―increasingly, it is what customers, employees, and shareholders demand of business.
Table of contents:
- PART I The Business Case for Responsible Innovation
- CHAPTER 1 The End of Unintended Consequences
- CHAPTER 2 Principles and Practices of Responsible Innovation
- PART II Mindset: Principles of Responsible Innovation
- CHAPTER 3 Innovate for Systemic Change
- CHAPTER 4 Innovate for Individual Impact
- CHAPTER 5 Fight Inequality
- CHAPTER 6 Take Responsibility for Climate Change
- PART III Mechanism: Playbook for Building Responsible Innovation Companies
- CHAPTER 7 Responsible Business Models
- CHAPTER 8 Algorithmic Canaries
- CHAPTER 9 Ethical Growth
- CHAPTER 10 Culture and Governance
- CHAPTER 11 Stewardship and Antitrust
- CHAPTER 12 Policy Partnerships
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