Profit vs Purpose: CSR Harkness Discussion by Tim Hodgden https://padlet.com/tim_ho/BMHarkness Student-led discussion on the focuses of businesses. en-us 2018-10-01 12:25:49 UTC 2018-10-04 06:49:50 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png Let's brainstorm some amazing questions for our Harkness discussion. tim_ho https://padlet.com/tim_ho/BMHarkness/wish/287557635 Write any questions that you think we could use in our discussion about our topic of Profit or Purpose.]]> 2018-10-01 12:35:44 UTC https://padlet.com/tim_ho/BMHarkness/wish/287557635 Questions https://padlet.com/tim_ho/BMHarkness/wish/288973741 1. Who determines the state to which an action is ethical?
2. If an organisation believes in an ethical purpose which gives lower profit, how would they be capable of financially managing the organisation in the long-term?]]> 2018-10-04 06:26:31 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973741 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288973794 1. To what extent can Profit/Purpose help the community to develop?
2. Why do some businesses choose profit over purpose? (and vise versa...)]]> 2018-10-04 06:26:46 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973794 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288973805 1. When considering CSR, should we focus more on the employee than community? - ex: employees' work environments over development of the community?

2. How do we measure success of achieving CSR?]]> 2018-10-04 06:26:49 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973805 Questions https://padlet.com/tim_ho/BMHarkness/wish/288973839 1. What is the better option (profit or purpose) when thinking long/short term?

2. Are companies capable of maintaining both profit and purpose ?]]> 2018-10-04 06:26:57 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973839 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288973893 1. Do profit and ethics go hand in hand meaning that do they work better together or better when they are separated?

2. What did Alex Edmans mean when he said "thinking long-term and qualitative is more meaningful than short-term and quantitative?" Are there any more examples to support this statement?

]]> 2018-10-04 06:27:14 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973893 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288973961 1. Should a business be driven by purpose or profit? 
2. Is it correct to put Profit before Purpose? ]]> 2018-10-04 06:27:34 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973961 Questions https://padlet.com/tim_ho/BMHarkness/wish/288973965 1. What would happen if the most of the profits of a company go into the well-being of their employees? Will they be able to gain more profit to keep the company running? 

2. when do how?]]> 2018-10-04 06:27:35 UTC https://padlet.com/tim_ho/BMHarkness/wish/288973965 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288974015 1. During a business startup (short-term), which comes first for a business between purpose or profit.

2. If we truly believe in the purpose, what are we willing to do to make it true?]]> 2018-10-04 06:27:47 UTC https://padlet.com/tim_ho/BMHarkness/wish/288974015 Question https://padlet.com/tim_ho/BMHarkness/wish/288974019 1. When can a company start to care about the ethical part of the operation and be able to make profit at the same time?]]> 2018-10-04 06:27:47 UTC https://padlet.com/tim_ho/BMHarkness/wish/288974019 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288974268 1. If purpose positively affects profit, could the same be said about the affect profit has on purpose?

2. When a new business starts up, according to Alex Edmand, should the business consider profit or purpose first? ]]> 2018-10-04 06:28:51 UTC https://padlet.com/tim_ho/BMHarkness/wish/288974268 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288974352 1. Is the main aim of a business making profit or looking after the well-being of their employees? ]]> 2018-10-04 06:29:17 UTC https://padlet.com/tim_ho/BMHarkness/wish/288974352 Questions https://padlet.com/tim_ho/BMHarkness/wish/288974456 What is better between profit and purpose when considering short term, mid term, and long term goals/objectives of the business?

How is profit affected by purpose?]]> 2018-10-04 06:29:48 UTC https://padlet.com/tim_ho/BMHarkness/wish/288974456 Questions https://padlet.com/tim_ho/BMHarkness/wish/288974897 1. In what ways can a business balance between profit and purpose?

2. Should profit come first before purpose or purpose before profit?]]> 2018-10-04 06:31:26 UTC https://padlet.com/tim_ho/BMHarkness/wish/288974897 https://padlet.com/tim_ho/BMHarkness/wish/288975040 To what extent does focusing on the purposes of a business would affect the profit of the business?

]]> 2018-10-04 06:32:04 UTC https://padlet.com/tim_ho/BMHarkness/wish/288975040 Questions https://padlet.com/tim_ho/BMHarkness/wish/288975063 What is more beneficial to the firm, employee's wellbeing or profit?

What could be the impacts to firms when changing from focusing in profit to purpose?]]> 2018-10-04 06:32:12 UTC https://padlet.com/tim_ho/BMHarkness/wish/288975063 Questions: https://padlet.com/tim_ho/BMHarkness/wish/288975184 1. Is it possible to have a balance between profit and purpose?
2. How could purpose help a business grow in the long term?]]> 2018-10-04 06:32:36 UTC https://padlet.com/tim_ho/BMHarkness/wish/288975184