In March 2014 I wrote an article for Leader to Leader magazine stating we were entering 4th phase of the corporation. Phase 1 was in the 1920s when Alfred Sloan with General Motors gave birth to the concept on the modern corporation; phase 2 was in the 1950s when Peter Drucker codified the principles of management; phase 3 was in the 1980s when original Japanese best practices of quality and team became ubiquitous; and now, we are firmly in phase 4 where the concept of a great company is built around one word … purpose.
