Against the global backdrop of violent conflicts, withering financial conditions and increasingly extreme weather events, leaders of major institutions have needed to adapt and pursue meaning beyond creating profit, as top officers of four companies discussed Wednesday on the TIME100 Summit stage.

Tory Burch, Executive Chairman of Tory Burch and creator of the Tory Burch Foundation and member of this year’s TIME100, said when she considers leading her company for the past 20 years she “can’t believe she’s still standing.”

“Being an entrepreneur today is, as I mentioned, whiplash. Because with all of these things going on in the world, with all of the macro happening, you have to be super agile—you have to have conviction and a vision and not deviate from that—but also be able to move with the current,” Burch added.

Burch joined Thasunda Brown Duckett, President and CEO of financial retirement services company TIAA, and Hans Vestberg, CEO of Verizon (a supporting partner of the TIME100 Summit), for a conversation moderated by TIME CEO Jessica Sibley about leading with purpose.

Each person spoke to the importance of leading “with purpose,” as Sibley put it, “not just leading for profit.” And with current challenges to the world’s security and financial wellbeing, that begins with providing for both staff and clients who need their services.

Read more: https://time.com/6968783/time100-summ...

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