News on The Edge Welcome to the Social Edge update! The Wall Street Journal recently published a provocative article, “The Case Against Corporate Social Responsibility.” Dr. Aneel Karnani, a professor of strategy at a US business school, wrote: “The idea that companies have a responsibility to act in the public interest and will profit from doing so is fundamentally flawed.” The article attracted much attention. Dave Douglas, who ran a CSR group at Sun Microsystems, wrote in response that we should all “be careful of academics talking about real world corporate issues: they can be irrelevant, and in some cases even dangerous.” Obviously, the matter is more complex than “a single combative article or a no-less-combative rebuttal can convey,” writes this week’s host Charles (Hipbone) Cameron. So tell us what you think: Is corporate social responsibility dangerous, simply irrelevant, or is it a major corporate initiative, urgently needed? Then join Yvonne Li and the Avantage Ventures group in Thailand, where they highlight the work of charismatic social entrepreneur Mechai Viravaidya, and Kiva Fellow Tara Capsuto in Ecuador as she reflects on the role of education in microfinance. Dr. O writes about raising money in the Amazon jungle, while in California Pamela Pavkov describes the impact Samasource will have soon on the world’s poor. That is, unless we all suffer from SMB, or Social Media Burnout, a symptom recently discovered by Untangled. Jonathan Lewis shares his thoughts on poverty alleviation: “It is about changing human behavior, raising expectations, inspiring individual self-worth, creating hope, teaching, building coalitions, and upsetting the status quo.” Join this Week's Live Discussions The Case against Corporate Social Responsibility Is Corporate Social Responsibility mostly irrelevant, a façade with some social benefits, or a major corporate initiative, urgently needed? Charles (Hipbone) Cameron dissects a recent provocative Wall Street Journal article. The Social Enterprise Review How can we unlock the US$120 billion untapped market for impact investment? Should we first evaluate the impact social enterprise is having? Rebecca Petzel, Hope Neighbor and Kevin Jones provide answers. Intrapreneurship Berkeley MBA Omar Garriott wonders what it will take to create the field of Social INtranpreneurship, when change agents inside corporations also become key parts of the social change equation. Muhammad Yunus and Social Business Is there room for several definitions of a social enterprise? Is there more than the Grameen approach to enabling the social economy? Join Rod Schwartz, CEO of ClearlySo, in a provocative conversation. Do you have suggestions for Social Edge or for this newsletter? Send us feedback. You can remove yourself from this list at any time. Hope to see you on The Edge and on Twitter @socialedge! Victor d’Allant Executive Director, Social Edge 250 University Avenue Palo Alto, CA 94301 |
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