Back to Search Start Over

Cocreating Business's New Social Compact.

Authors :
Brugmann, Jeb
Prahalad, C. K.
Source :
Harvard Business Review; Feb2007, Vol. 85 Issue 2, p80-90, 11p, 2 Color Photographs, 2 Illustrations, 1 Chart
Publication Year :
2007

Abstract

The article discusses the changing role of corporations in society. Recent corporate scandals such as fraud at Enron and insider trading at WorldCom have lead to a crisis of confidence in the role of the modern corporation in society. In an effort to bolster socioeconomic development in underserved segments of emerging markets, nongovernmental organizations (NGO) have partnered with companies in order to share competencies, infrastructure and knowledge needed to operate in low-income markets. Several examples of these partnerships are discussed.

Details

Language :
English
ISSN :
00178012
Volume :
85
Issue :
2
Database :
Complementary Index
Journal :
Harvard Business Review
Publication Type :
Periodical
Accession number :
23691174