12 Dec '11, 8pm

The Common Good Enterprise: An Alternative Name for an Emerging Sector

By Jim Epstein and Alicia Epstein Korten As an investment manager and a member of the Gamble family that founded Procter & Gamble, I (Jim) am often asked to sit on nonprofit boards. Increasingly, I’ve grown more uncomfortable with the term not-for-profit to describe these organizations, some of which embrace business principles in their operations and outlook. One such operation is Dance Place based in Washington, D.C., that is partly funded through the dance classes and performances they offer. Another is DC Greenworks, substantially funded through government contracts and fee-based installations of green roofs, rain gardens and rain barrels around the city. A couple of years ago, I (Alicia) attended Net Impact’s annual conference . I knew going in that the majority of the audience would be young but was not prepared for the roughly 2,000 MBA students that crammed themsel...

Full article: http://www.csrwire.com/blog/posts/240-the-common-good-ent...

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