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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
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Weight Watchers CEO: Define Your Purpose and Act on It

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Damanick Dantes
Damanick Dantes
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Damanick Dantes
Damanick Dantes
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August 2, 2018, 9:26 AM ET
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Leading a healthy lifestyle requires some legwork—literally—and serious accountability. So it’s fitting that Mindy Grossman, CEO of Weight Watchers, operates her company in similar fashion.

Founded in 1963, Weight Watchers describes its mission as “inspiring healthy habits for real life.” That slogan is not just a catchphrase, Grossman says: “We can’t just talk about wellness but not get healthier.” That’s why every corporate decision is put through a “purpose filter,” she says—a sort-of internal checklist of values that matter for Weight Watchers and its stakeholders.

For example, “We got away from any products that had artificial preservatives and sweeteners, which was about 70% of our product,” she says. “We successfully reformulated.”

People crave purpose, Grossman adds. Not just employees, but customers, too. “Understanding the human impact is a big part of attracting talent and customers,” she says. “It defines who we are in today’s environment.”

Watch the video above for more from Fortune’s interview with Grossman.

“Members Only” is a video series showcasing executives in Fortune’s membership communities. For more information on how to become a member, visit our pages for Brainstorm Tech, the CEO Initiative, or Most Powerful Women.

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