Purpose can be your business’s greatest asset. Yet many don’t use it to its full advantage.
In systems thinking, purpose is the core reason a system exists. In business, it’s the "why" behind your organization and its actions.
To be effective, purpose needs three essential elements:
In practice, purpose often appears in vision and mission statements, owner strategies, or guiding principles. The framework you choose matters less than how you use it.
Don’t just write a purpose and let it sit in a wiki. Use it—guide decision-making, revisit it regularly, and ensure business outcomes align with it.
A business with a clear purpose delivers better results. For you and everyone involved.