Greg Harmeyer (CEO Impact* PBC · Co-Founder TiER1 Performance) rebrands to a Public Benefit Corporation, credits Incorruptible for the PBC structure logic

Greg Harmeyer — CEO of Impact* PBC, co-founder of employee-owned TiER1 Performance (now in its 25th year), author of 'Impact with Love,' ESOP champion — announces the parent company's rebrand to Impact* PBC. Explicitly cites Incorruptible on how the PBC legal structure protects organizations from succumbing to financial gravity. Substantive company-level structural change traceable to the book. 70 likes.

“The third is "PBC" - We are a Public Benefit Corporation and we want people to know it. For those not familiar with this, it is a legal structure. Our purpose, as stated in our articles of incorporation, is to create healthy high performing organizations where people can realize their potential and do their best work. Our governance requires us to pursue this purpose. In his most recent book Incorruptible, Eric Ries (famous for The Lean Startup) discusses how the PBC structure can help organizations from succumbing to the "financial gravity" that inevitably pulls organizations away from a broader purpose.” — Greg Harmeyer on LinkedIn