Gartenberg et al. (2019), Organization Science
Corporate Purpose and Financial Performance
Firms whose employees reported both strong purpose and clear direction from management showed higher later performance, and this link was driven by the views of middle managers and professional staff rather than senior executives or hourly workers.
Parts of the Loop it informs
Not tied to one part of the Loop. It describes the middle more broadly.
Summary written by Unfrozen from the published abstract, then checked twice against the source. Loop coding is exploratory and provisional until an independent human coder checks it. Spot an error? Email [email protected] and it gets fixed.