Coro’s Blog: On Purpose

Shaping the Future: Strategies for a Purpose-Driven Economy: Podcast

Published on January 19, 2024

Dive into the future of small business with this podcast hosted by CanadianSME Small Business Magazine. SMEs (small and medium enterprises) account for more than 97% of the Canadian economy – and are setting the pace in purpose adoption across the country.

Hosted by media manager Maheen Bari, with myself and Maureen Young, VP of Social Purpose at Coast Capital in dialogue, this podcast explores the role that purpose plays in fostering innovation and growth in business.

We talked about the CEO Call to Purpose authored by leading social purpose companies including TELUS, Maple Leaf Foods, Lafarge Canada, and others, recently launched by the Canadian Purpose Economy Project, which has nearly 100 signatures – many SME leaders – so far. These purpose-driven CEOs are calling on their peers to embrace a social purpose as the reason they exist and grow the purpose economy in which all businesses are profitably solving the problems of people and planet.

I shared the success stores of a number of social purpose SMEs – like Baker Tilly Corporate Finance, Pro-Claim Group restoration company and Eclipse Awards – and how their clients and customers are attracted to their purpose value proposition. And told the impact stories of Hemlock Printers and Deep Cove Kayak as their purpose unlocks greater social and environmental good.

Maureen and I further unpacked what it means to be purpose-driven and how social purpose business is shaping the future of business. More and more companies are taking this path – with SMEs leading the way!

Subscribe to Coro’s Newsletter

A few times a year, Strandberg Consulting sends out a newsletter to keep Coro’s network up-to-date on her latest projects, publications and tools. You may subscribe to the newsletter here or visit the archives.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Do you know someone who may be interested in this? Share it.

You may also be interested in ...

fi-purpose-economy
Jan 5, 2024
 in Implementation and Integration
By now, business leaders across Canada are increasingly aware of aligning their business with their corporate purpose. Many already have programs to drive sustainability, social impact, and community growth.
blog-sep-17-2021
Sep 24, 2021
 in Implementation and Integration
With customers, employees and investors clamoring for it, more and more companies are proclaiming purpose pledges as their raison d'être and adopting purpose mantras in their marketing and public communications. But are they truly implementing their purpose? How will we know? How do we separate the bogus from the bona fide?
blog-april-09-2021
Apr 9, 2021
 in Implementation and Integration
Expectations of business and its role in society are changing. As society faces challenges including rising inequality, pandemics, recognition of systemic racism, accelerating climate change and biodiversity loss, stakeholders increasingly look to business to play a stronger role.