Hennessy's View

Domine, non sum dignus

4 Ways Government Can Help Create Shared Value

Last week I wrote about Creating Shared Value. In that post, I pointed to a Harvard Business Review article by Michael Porter and Mark Kramer. If you haven’t read both my post and the Michael Porter piece, please do so now. I’ll wait. Now that you’re up to date, let me add the Tea Party angle to this. Though Porter did not dwell on government’s role in Creating Shared Value (CSV), he did point out that government must reform for CSV to succeed. Read more →

What We Learned from Milton Friedman

I am a big fan of Milton Friedman. I’m also becoming a big fan of Creating Shared Value. Some believe the two values are inconsistent, but I disagree. In 2005, Reason Magazine posted an online debate between Friedman and Whole Foods Market CEO John Mackey. The debate coincided with the 35th anniversary of Friedmans’ famous The New York Times Magazine article entitled: : “The Social Responsibility of Business Is to Increase Its Profits. Read more →