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What Nonprofits Can Teach For-Profit Businesses about Managing for Values
Jun 4, 2018 - 12:00pm to 1:00pm
700-828 W. 10 Ave., VGH Research Pavilion
Nonprofits and government agencies, including institutions and the health and education sectors, are often admonished to act "more like a business". While for-profit businesses can teach their nonprofit counterparts valuable lessons about managing costs, there are dangers associated with nonprofits and governmental agencies becoming more business-like. This includes adopting the values, or lack thereof, of a certain way of engaging in business. In this talk I lay out the comparative strength that nonprofits and governmental have with respect to managing for values; and I show that they have much to teach for-profit businesses regarding this critical aspect of management.