More and more, business schools want to show they’re making a positive impact on society. But how should they measure it?
- Written by Andrew Gaudes, Professor in Entrepreneurship and Former Dean, Goodman School of Business, Brock University
Back in 1970, the economist Milton Friedman famously argued that businesses have a single responsibility: to increase profit. For decades, the so-called “Friedman doctrine” amounted to dogma in certain circles, including at many business schools.
A lot has changed...