Michael Porter on why business can be good at solving social problems

by Petia Dimitrova on December 5, 2013

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

About Petia Dimitrova :

Petia Dimitrova works with project coordination in Bearing. She is originally from Varna in Bulgaria where she was involved in real estate development and also in the race car sports industry. After seven years in the United States she is now back in Europe.

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