Topic 7: Why business can be good at solving social problems?

Digiwell 12/12/2024

Key points

Why do we turn to nonprofits, NGOs and governments to solve society’s biggest problems? Michael Porter admits he’s biased, as a business school professor, but he wants you to hear his case for letting businesses try to solve massive problems like climate change and access to water. Why? Because when a business solves a problem, it makes a profit — which lets that solution grow.

Source Details

Year: 2013

Source: TED

Duration: 16:28 minutes

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