"Social Responsibility" — by Peter Drucker
Wednesday, January 28th, 2009“A business that does not show a profit at least equal to its cost of capital is irresponsible; it wastes society’s resources. Economic profit performance is the base without which business cannot discharge any other responsibilities, cannot be a good employer, a good citizen, a good neighbour. But economic performance is not the only responsibility of a business… Every organization must assume responsibility for its impact on employees, the environment, customers, and whomever and whatever it touches. That is social responsibility.”
– The Daily Drucker, Peter Drucker
