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    Aligning cofounders around a purpose and core values
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    Aligning cofounders around a purpose and core values

    Catégorie
    1. Structure & Governance
    Sous-catégorie
    1.1. Protection of the company's purpose
    Stade
    MVP

    ⬅️ Back to the guide

    What is at stake?

    The purpose is the direction given to the startup 🚩 It's a long-term promise that links the startup's activity to a positive contribution to society and the planet (collective interest).

    🔥
    How can founders express the purpose of their entrepreneurial activity?

    Why is it important?

    From the outset, every company has a “raison d'être”, whether it is made explicit or not.

    Explaining this raison d'être enables us to answer the question: What is the role of the company in society, beyond economic considerations?

    In the MVP phase, the first definition of a raison d'être makes it possible to:

    ➡️ Align the team around a set of founding values and to unite founders’ efforts around a common vision;

    ➡️ Maintain consistency in the choices made and successive iterations (it's a decision-making tool)

    ➡️ Anchor the business for the long term.

    Three actions to implement right now

    1️⃣ Start with individual reflections

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    Try to answer the following questions
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    2️⃣ Gather together the results of individual work

    This allows co-founders to establish shared values for the entrepreneurial adventure and to arrive at a consensus on the company's raison d'être.

    The aim of this work is to ensure that the personal values of the co-founders and the startup are aligned.

    3️⃣ Continue with collective iteration to arrive at an initial formulation

    • Identifying and formulating a company's raison d'être is an ongoing, iterative process.
    • Creating a dialogue and welcoming feedback from all stakeholders help the founding team to define a raison d'être that is relevant, distinctive, understandable and embraced by all.

      A collective approach gives greater meaning to the company's raison d'être and unites people around a common goal.

      ‣
      A few tips
    • The raison d'être must be made manifest on a daily basis by the entire team.
    • Once it has been formulated (and only then), the raison d'être can be shared on a larger scale, using all appropriate communication media with all stakeholders (employees, partners, suppliers, customers, etc.).
    📢
    Be careful not to end up with a meaningless "marketing" raison d'être, akin to greenwashing or socialwashing.

    How can we avoid this? By presenting it as often as possible to the people in its ecosystem, and by adopting a genuinely transparent approach.

    📚 Further information

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    📖 Defining your raison d'être: a process of introspection (”Communauté des Entreprises à Mission”)

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    📖 The difficulty of defining a raison d'être for startups (”Communauté des Entreprises à Mission”)

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    🎤 Some examples of corporate “why”

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    ⚖ Loi Pacte

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