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 in a recent TED talk he argued 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. Below is a video with the speech.
Michael Porter on why business can be good at solving social problems