1/4/2024 0 Comments Simon sinek navy seals![]() ![]() Even Henry Ford said that business that’s made only to make money is a weak kind of business. But what about ethics? Milton Friedman clearly never ran a business, because if all you focus on is money, your business will break. Milton Friedman theorized that the responsibility of business is to maximize profit within the bounds of the law. SS: The form of capitalism that we have now is not the capitalism that Adam Smith envisioned. Talk a little about the role of the infinite-game mindset amid Milton Friedman’s ideas of profit maximization and shareholder supremacy, which have become the finite rules by which most businesses play. These are all fantastic examples of truly pioneering infinite-minded players that we should study. Bob Chapman from Barry-Wehmiller figured out all these techniques to build an incredible company for 6,000 people - and then challenged himself to take everything he learned and give it to the outside world - again, for the good of business, not just for the good of himself. Garry Ridge from WD-40 believes that his role is to coach his people, make them feel safe at work, and create a space in which the business can continue way beyond him. He wants other companies to embrace what he’s figured out from being willing to make his own company the guinea pig - because he thinks it’s just good for business, and good for capitalism. SS: Kip Tindell, the founder of The Container Store. I wrote the book about how to change our mindset and lead in an infinite game.įrom your point of view, who are some excellent examples of business leaders who are embodying the infinite mindset? Whether we like it or not, we are all players in an infinite game. The vast majority of businesses are being run by people with a finite mindset, and when you play an infinite game with a finite mindset, there are a few consistent and predictable outcomes: the decline of things like trust, cooperation, and innovation. The problem is, if you listen to most business leaders, they talk about being number one, being the best, and beating their competition. And there’s no such thing as winning in business there’s no finish line. You don’t have to play by the same rules in the way you run your business anyone can play the way they want. There are known and unknown competitors that we compete against, and any player can join at any time. If you think about it, business is an infinite game. There is no such thing as winning in an infinite game. Then you have infinite games, which have known and unknown players, rules that are changeable, and an objective that is to perpetuate the game. A finite game has known players, fixed rules, agreed-upon objectives, and a beginning, middle, and end take baseball, for example. Simon Sinek: A theologian by the name of James Carse in 1986 wrote a great book called “ Finite and Infinite Games,” where he offered this definition: if you have at least one other player - one other competitor - you have a game. Tell us about your new book, “The Infinite Game.” What is an infinite game, and how does it apply to business? His ideas are contributing to the growing calls for a shift to a more equitable economic system of stakeholder capitalism. ![]() In the decade since, Sinek has elaborated on his unconventional approach to purposeful leadership with several bestselling books, including “ Start With Why,” “ Leaders Eat Last,” “ Together is Better,” and “ Find Your Why.” In his most recent work, “ The Infinite Game,” released this year, Sinek challenges Milton Friedman’s idea of capitalism and offers a definition of the responsibility of business daringly different from the one we’ve been taught for the past five decades. The innovative thinker, whose training and background is steeped in the systematic study of people and cultures, burst onto the scene in 2009 with his TED Talk “ How Leaders Inspire Great Action,” which is now one of the most popular TED Talks of all time. We’d be surprised if you hadn’t heard of Simon Sinek. The Author and Thinker’s Bold Ideas Are Contributing to the Shift to Stakeholder Capitalism ![]()
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