Dow
     +156.82
12862.23
+1.23%
|
     +19.36
1344.90
+1.46%
|
     +214.37
14047.18
+1.55%
|
     +45.98
2905.66
+1.61%
|
     +0.84
53.91
+1.57%
|
     +0.20
110.82
+0.18%
|
     +0.01
1.83
+0.46%
June 22, 2010 5:10 PM

Does Your Company Make a Difference? | BTalk

By
Phil Dobbie
(MoneyWatch) 
Tim Sanders

Tim Sanders


(Episode 522; 17 minutes 12) Companies are driven by profit, right? It's all about driving the maximum value for shareholders.

While that might still be the end-game, how you get there is changing. Tim Sanders says we are going through a responsibility revolution, where the motivation for a company is not just about selling stuff, it's also about making the world a better place.

He explores the notion in his latest book "Saving the World at Work: What Companies and Individuals Can Do to Go Beyond Making a Profit to Making a Difference".

I ask Tim whether companies might like to be seen to be doing the right thing, if it improves the value of their brand, but couldn't a lot of it just be spin?

© 2010 CBS Interactive Inc.. All Rights Reserved.
.
Scroll Left
Scroll Right More »
CBS News on Facebook