Business & Economy

Profit vs. Principles

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Andrew Hill

In this video, management editor of the Financial Times, Andrew Hill, explores the phenomenon of “conscious capitalism” and companies following alternatives to typical profit-centered models. “With an increasing number of companies refocusing their priorities beyond profit and towards the welfare of their suppliers, employees and the planet,…Hill…asks what the repercussions are for business.” Can both small and large companies afford to set wider priorities than profit-maximization?

Are small, local businesses the only option for avoiding profit-centered businesses? Are there other examples of larger companies pursuing “conscious capitalism” principles?

Source: Financial Times

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