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Publications
Publications
  • 14 Jun 2013
  • Talk

Why Business Can Be Good at Solving Social Problems

By: Michael E. Porter
  • Format:Video
  • | Language:English
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Abstract

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 business try to solve massive problems like climate change and access to water. Why? Because when business solves a problem, it makes a profit—which lets that solution grow.

TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design—plus science, business, global issues, the arts and much more.

Keywords

Creating Shared Value; Strategy; Value Creation; Corporate Social Responsibility And Impact; Profit; Scotland

Citation

Porter, Michael E. "Why Business Can Be Good at Solving Social Problems." TEDGlobal, TED, London, United Kingdom, June 14, 2013.
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About The Author

Michael E. Porter

Strategy
→More Publications

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    The Agenda for the Next Generation of Health Care Information Technology

    By: Thomas W. Feeley, Zachary Landman and Michael E. Porter
    • 2019
    • Faculty Research

    A Recovery Squandered: The State of U.S. Competitiveness 2019

    By: Michael E. Porter, Jan Rivkin, Mihir Desai, Katherine M. Gehl, William R. Kerr and Manjari Raman
More from the Author
  • PayPal: The Next Chapter By: Michael Porter, Mark Kramer and Annelena Lobb
  • The Agenda for the Next Generation of Health Care Information Technology By: Thomas W. Feeley, Zachary Landman and Michael E. Porter
  • A Recovery Squandered: The State of U.S. Competitiveness 2019 By: Michael E. Porter, Jan Rivkin, Mihir Desai, Katherine M. Gehl, William R. Kerr and Manjari Raman
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