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Bullet Survey: Respond
Capitalism Survey Part 2: A Re-visioning of Capitalism

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1. Instructions

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    STEP 1: Read the introduction.
    STEP 2: Consider the question.
    STEP 3: Review the list of available answers.
    STEP 4: Sign in to enter your input and response.

After you sign in, you can add new options to the list of available answers.

1. Introduction

In his essay "Creating Shared Value", Harvard Business School Professor Michael E. Porter writes:

Capitalism is an unparalleled vehicle for meeting human needs, improving efficiency, creating jobs, and building wealth. But a narrow conception of capitalism has prevented business from harnessing its full potential to meet society’s broader challenges.

The moment for a new conception of capitalism is now; society’s needs are large and growing, while customers, employees, and a new generation of young people are asking business to step up. The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy. It will also reshape capitalism and its relationship to society.

For the full essay, see http://sharedpurpose.net/groupdocs/creatingsharedvaluebymichaeleporter.docx

2. The Question

"What should we include in the ethical underpinning of a new conception of capitalism?"

3. Select Answers

Select ALL answers that are true for you (perhaps more than one). Then click "SAVE my answers".

No Answer
1 The solution lies in the principle of shared value, which involves creating economic value in a way that also creates value for society by addressing its needs and challenges. Michael E. Porter
2 CEOs should be assessed according to their ability to create value for their stakeholders, including employees, suppliers, neighbors, customers and investors.
3 The concept of shared value recognizes that societal needs, not just conventional economic needs, define markets. Michael E. Porter
4 (Let's find a definition of stakeholder) A stakeholder is a person, group, organization, or system who affects or can be affected by an organization's actions.

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