Thursday, April 5, 2012

Can any business turn social?

Wonderful anecdote of social entrepreneur Muhammad Yunus, where he tells how he convinced the CEO of Adidas to move (part of) his company and -more importantly- his core product to a social cause. It also shows how hard it is for big incumbent companies to morph into a socially responsible business.

Social good is counter-intuitive to business logic, but more and more companies find ways to combine both. What truly is a prerequisite is the belief of the CEO that this is something his company just should do, regardless of the challenges and the business logic.


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