Benefit Corporations

Milton Friedman Is Wrong

Dave Kinnear 1-On Leadership

Not Legally, But . . . I think he has always been wrong, but then, legally, he was more right than I. Friedman once said in a 1970 NY Times Magazine article that “businesses’ sole purpose is to generate profit for shareholders.” The title of that article is “The Social Responsibility of Business is to Increase its Profits.” My understanding …

The Triple Bottom Line

Book Review: The Triple Bottom Line by Andrew W. Savitz

Dave Kinnear 1-On Leadership, Book Reviews

It’s time to pull Savitz’s book off the shelf and re-read it! This 2006 book is more relevant now than ever and the surviving companies of this present economic reset will be employing many of the ideas discussed in the Triple Bottom Line. What is the “Triple Bottom Line (TBL)?” Savitz claims that we will all need to be paying …