Tuesday, September 19, 2006

Thoughts on business

From January 28, 2005!

At this week's World Economic Forum in Davos, Switzerland, an interesting notion was advanced by Harvard's Business Prof. Khurana; one might add the current proposal to privatize pensions in the U.S. underscores the panel's concluding point:


A strong counterpoint to this view of business entities as a social good appears in this week's Economist's Survey of Corporate Social Responsibility, which advances the view that CSR actually can detract from ethics and the proper priorities of a manager. The survey makes some interesting points, but I would argue that CSR has intrinsic value if only in getting organizations to think more broadly about value than merely as measured by quarterly profits.