What is the Role of Profit in Scaling Social Impact?
Complimentary Audio Webinar
HBR, in partnership with The Bridgespan Group, presents Michael Chu, Senior Lecturer on Social Enterprise at the Harvard Business School
Thursday, January 17, 2013
Major global problems exist in areas like clean water, healthcare, and access to capital. If governments and NGOs can't adequately address these problems, what should the role of the private sector be?
Many believe that mixing profit and purpose is a recipe for long-term disaster. But Michael Chu of Harvard Business School believes differently. Chu has seen for-profit organizations deliver practical, effective solutions to major societal problems.
On January 17, 2013, Chu will lead an interactive Harvard Business Review webinar focused on the role of private sector companies in delivering effective, high-impact solutions to pressing social problems. Chu will share specific examples where businesses have successfully responded to public sector failures and will describe why profitable approaches can play a key role in addressing society's greatest challenges.
Join Chu and HBR in rethinking the role of profitable enterprises in delivering social impact.
This webinar is part of a three-month series that Harvard Business Review, in partnership with The Bridgespan Group, is launching on HBR.org beginning in January.
About the Speaker
Senior Lecturer of Business Administration
Harvard Business School
Michael Chu is a Senior Lecturer in the Initiative on Social Enterprise of the General Management Group of the Harvard Business School. He is also Managing Director of the IGNIA Fund, an investment firm based in Monterrey, Mexico, dedicated to investing in commercial enterprises serving low-income populations in Latin America, which he co-founded in 2007. Previously, as President & CEO of ACCION International, he participated in the founding and governance of leading microfinance banks in Latin America, including Banco Solidario in Bolivia, Mibanco in Peru and Compartamos Banco in Mexico. He was also a member of Kohlberg, Kravis Roberts & Co. in New York and senior management of large multinational corporations.