Entrepeneurial Blog- Week 12: Becoming a Change Maker

 Entrepeneurial Blog- Week 12: Becoming a Change Maker

This week’s reading from the “What’s a Business For?” article offered deep insights into the role of virtue and integrity in the economy, as well as the true purpose of businesses. On pages 3 and 4, the author emphasizes that virtue and integrity are foundational to a healthy economy because they build trust between all participants—businesses, customers, employees, and society. Without trust, transactions break down, and the entire economic system becomes unstable. Virtue ensures that businesses act ethically, treat people fairly, and deliver genuine value, which in turn sustains long-term prosperity and social cohesion.

Charles Handy, a respected thinker on organizational purpose, argues that the “real justification” for the existence of businesses goes beyond making profits. According to Handy, businesses exist to serve society by creating value that benefits not just shareholders but all stakeholders—employees, customers, communities, and the environment. This broader view challenges the narrow focus on profit maximization and invites businesses to consider their wider social responsibilities.

Handy proposes several solutions to address the challenges in business today, two of which I strongly agree with. First, he suggests businesses should embed purpose and virtue into their core operations rather than treating them as add-ons. This resonates with me because genuine ethical behavior must be part of the company’s DNA to create lasting impact. Second, Handy advocates for leadership that is mission-driven and focused on long-term value creation rather than short-term financial gains. This approach aligns with my belief that leaders who prioritize integrity and purpose can inspire teams, build trust with clients, and foster sustainable growth.

In summary, this week’s study challenged me to rethink what business success truly means. It’s clear that serving others, leading with integrity, and embedding virtue into our work are essential—not only for personal fulfillment but for creating an economy that works for everyone.


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