What Businesses Can Learn From The Pope

April 20, 2014 in Daily Bulletin

If The Pope were ever to meet with a budding CEO he’d no doubt have many spiritual lessons to teach the young executive. But there are also a lot of business lessons to be learnt from him writes The Economist:

  • Focus on core competencies. By refocusing the Catholic Church’s efforts to help the poor The Pope has bought a consistency of message and purpose that has helped to increase the Church’s popularity.
  • The focus has also allowed the Pope to cut unnecessary costs such as those for elaborate ceremonies or unnecessary luxuries.
  • Pope Francis has repositioned the Church’s “brand”. While he hasn’t broken with the Church’s stance on homosexuality he has shifted the Church’s focus away from it.
  • The results speak for themselves. The Pope is popular and Church attendance has increased.

Read more about the steps that The Pope has taken, other lessons that can be learnt from him, and more over here.

Source: The Economist