Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • 2022
  • Book

하트 오브 비즈니스 미래의 비즈니스를 위한 안내서

By: Hubert Joly and Caroline Lambert
  • Format:Print
ShareBar

Abstract

A remarkable turnaround by a leader with a remarkable philosophy: Find your noble purpose. Put people at the center. Unleash human magic.
"It was fall in Minnesota. It was getting cold and we were supposed to die." This is how Hubert Joly describes the early, dark days as CEO of Best Buy, a job most thought he was crazy to accept. Amazon was tearing a disruptive path through retail, but in the face of that existential threat Joly did something remarkable: he saved Best Buy and remade it into a thriving company rated as one of the most desirable businesses to work for.
Having recently stepped down as Chairman and CEO, Joly is ready to share the leadership principles that underpinned the resurgence of Best Buy and that he believes are at the heart of business: pursue a noble purpose, put people at the center, unleash human magic, and treat profit as an outcome.
There was a time when many would call this a soft philosophy. But times are changing. Best Buy and 180 other companies signed the momentous Business Roundtable statement in support of stakeholder capitalism. The COVID-19 pandemic further pushed many businesses to lead from a place of purpose and with humanity. The changes underway are not a revolt, but a revolution. And Joly provides concrete advice on how to implement principles that can serve as beacons for the next era of capitalism.
Joly himself was transformed from a hard-charging, deeply analytical McKinsey consultant to a leader who believes in what he calls human magic. He will share how so much of what he initially learned about management is either dated, incomplete, or simply wrong—including how to turn around a business, develop and implement a strategy, mobilize an organization, and what it takes to be a great leader.
The leadership principles Joly lays out worked at Best Buy. They can also contribute to the necessary re-foundation of business and capitalism around purpose and humanity.

Keywords

Capitalism; Leadership; Mission and Purpose; Business and Stakeholder Relations; Leading Change

Citation

Joly, Hubert, and Caroline Lambert. 하트 오브 비즈니스 미래의 비즈니스를 위한 안내서. Sangsang Square, 2022, Korean ed.
  • Purchase

About The Author

Hubert Joly

General Management
→More Publications

More from the Authors

    • February 2025
    • Faculty Research

    Lessons from the Magnificent Seven and Other Remarkable High Growth Companies

    By: Hubert Joly and Kayti Stanley
    • September 2024
    • Faculty Research

    Jamie Dimon’s 2024 Letter to JP Morgan’s Shareholders and the Role of Business in Society

    By: Hubert Joly
    • July 2024
    • Faculty Research

    Living up to Purpose and Performance at Parker Hannifin

    By: Hubert Joly, Alicia Dadlani and Martha Hostetter
More from the Authors
  • Lessons from the Magnificent Seven and Other Remarkable High Growth Companies By: Hubert Joly and Kayti Stanley
  • Jamie Dimon’s 2024 Letter to JP Morgan’s Shareholders and the Role of Business in Society By: Hubert Joly
  • Living up to Purpose and Performance at Parker Hannifin By: Hubert Joly, Alicia Dadlani and Martha Hostetter
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College.