John Abodeely
Should philanthrpy be more like Business?
Posted by Dec 22, 2008 1 comment
John Abodeely
Is it true that business could fix the problems that social profit professionals haven't? This guy thinks so. But is there any good argument for us?
http://foundationcenter.org/pnd/newsmakers/nwsmkr.jhtml?id=237200013
Comments
Interesting read, John. Thanks for sharing.
I don't interpret this to mean that for-profits should take the place of not-for-profits in saving the world. Rather, perhaps there's some lessons and values from the for-profit world that we should learn, like trying to measure "social return on investment."
Of course, it's equally persuasive to argue that business has a thing or two (or 100) to learn from us nonprofit folks.
Ultimately, the very nature of business (profit for the shareholders is the bottom line) precludes for-profits from doing what we nonprofits do best: putting people first. That said, as we try to create social profit, there's something to be learned from those that have created and innovated their ways to incredible monetary profits.