Business' Role in Social Problems: Villain or Hero?
Business strategy scholar Michael Porter recently presented a TED Talk entitled “Why business can be good at solving social problems”. While I admire his optimism, he tends to ignore some very fundamental business strategy frameworks that not only contributed to the social problems he’s talking about but would ultimately usurp any ambition to resolve them. I present three of his main messages and then discuss what I believe he fundamentally overlooks. 1. Business as Sourc