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Love in Action: Agreements in a Large Microfinance Bank that Scale Ecosystem-Wide Flourishing, Organizational Impact, and Total Value Generated

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  • James L. Ritchie-Dunham

    (Institute for Strategic Clarity
    Harvard T.H. Chan School of Public Health’s Center for Work, Health, & Well-being
    The Human Flourishing Program at Harvard’s Institute for Quantitative Social Science
    University of Texas at Austin, McCombs School of Business, Rosenthal Department of Management)

  • Sheri Chaney Jones

    (Measurement Resources Company)

  • JoAnn Flett

    (Center for Faithful Business, Seattle Pacific University)

  • Katy Granville-Chapman

    (The Human Flourishing Program at Harvard’s Institute for Quantitative Social Science
    Oxford University)

  • Alyssa Pettey

    (Measurement Resources Company)

  • Harley Vossler

    (Measurement Resources Company)

  • Matthew T. Lee

    (Institute for Strategic Clarity
    The Human Flourishing Program at Harvard’s Institute for Quantitative Social Science
    Baylor University)

Abstract

Scaling ecosystem-wide flourishing, organizational impact, and the total value generated across an organization’s ecosystem of stakeholders is a manifestation of love in action. Many organizations are figuring out how. With a large, longitudinal dataset this research is uncovering the agreements enabling that scaling. This research note highlights the research design and early findings. The research design is based on interviews, surveys, and systemic strategy. Strategic systems assessment, stakeholder interviews, workshops with leadership, calibration with functional leaders were used to determine what to measure. Wave 1 of data collection was completed in 2021. Wave 2 is in progress, with following waves every 6 months. With survey responses from 70,700 clients and 9,554 collaborators in Wave 1, the mean level of flourishing and organizational impact is high, relative to the levels found in over 164,000 groups surveyed in 126 countries. While the mean level is high, there is a distribution from high to low across the hundreds of service offices of the business, highlighting significant differences in how the offices work, such as putting the person at the center in everything they do, and the quality of the relationships within the company and with their clients. The survey uses established measures. The Total Value Generated framework is new.

Suggested Citation

  • James L. Ritchie-Dunham & Sheri Chaney Jones & JoAnn Flett & Katy Granville-Chapman & Alyssa Pettey & Harley Vossler & Matthew T. Lee, 2024. "Love in Action: Agreements in a Large Microfinance Bank that Scale Ecosystem-Wide Flourishing, Organizational Impact, and Total Value Generated," Humanistic Management Journal, Springer, vol. 9(2), pages 231-246, August.
    • Handle: RePEc:spr:humman:v:9:y:2024:i:2:d:10.1007_s41463-024-00182-y
    DOI: 10.1007/s41463-024-00182-y
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    References listed on IDEAS

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