Joe Keefe
What he does: President and chief executive officer, Pax World Management
Where: Portsmouth, N.H.
"We should be teaching them to be leaders rather than managers, with an agenda that is more expansive than simply the bottom line. A manager's bottom-line focus is inherently narrow and short-term, leaving to the rest of society the challenge of addressing the broader implications and externalities of business growth. A leader's vision, by contrast, takes in the interests of all stakeholders—shareholders, employees, customers, civil society, and the ecological commons—and then innovates to produce sustainable value over the long term. That's what the corporation was invented for, for Pete's sake—we need to get back to that. In business, we've been educating too many managers and not enough leaders. That has to change."
Where: Portsmouth, N.H.
"We should be teaching them to be leaders rather than managers, with an agenda that is more expansive than simply the bottom line. A manager's bottom-line focus is inherently narrow and short-term, leaving to the rest of society the challenge of addressing the broader implications and externalities of business growth. A leader's vision, by contrast, takes in the interests of all stakeholders—shareholders, employees, customers, civil society, and the ecological commons—and then innovates to produce sustainable value over the long term. That's what the corporation was invented for, for Pete's sake—we need to get back to that. In business, we've been educating too many managers and not enough leaders. That has to change."
