Review
the “Chapter Two Case: Michael Porter on TED – The Case for Letting Business Solve Social Problems” at the end of Ch. 2 of
Business Driven Technology
.
Answer
the following questions:
Do you agree or disagree that business can solve social problems? Justify your answer.
How can the concepts discussed by Michael Porter help with the decision making process for managers at the three different managerial levels?
Respond
to at least three of your peers. In your response, address any thoughts you have on if business can solve social problems and if it can help managers make decisions.
Students need to contribute
three
substantive posts in this discussion by the due date indicated. The substantive posts can be any combination of responses and replies.
Peer 1
If the statement was stated slightly different I would completely agree with it. I do believe that business can help with social problems, but they will not be the resolve for them. For example, many commercial grocery stores donate all the food that is past its “Selling” date to food banks and non-profits that feed the poor. Just because it has past its sell by date does not mean the food is bad, it just means you cannot legally sell the product. There are more and more non-profits to help the less fortunate in almost every community. The fact that businesses will not be the resolve for social problems is simply because they are a business they are here to make money, one of the reasons for even the handout of the food example is because they get to write that loss off on taxes.
Most businesses are broken into a few different management levels, Operations, VPs and executive staff. The operations management provide day to day decisions that affect the operations of say their bank branch which they manage. They make decisions such as who is working which teller line. VPs and support staff make decisions on who is doing what problems or incidents. The Executive staff focus on more of the business long term decisions which have an affect of the entire company.
Reference: Baltzan P (2017, Business Driven Technology (7th ed) New York, NY, McGraw-Hill
Peer 2
Do you agree or disagree that business can solve social problems? Justify your answer.
Yes, I do believe that businesses can help solve social problems. There have been an increasing number of restaurants, farmers markets, grocery stores and even some college campuses that donate fresh food that is past its’ selling prime, but still perfectly safe to eat, to food pantries who distribute it to low income families in both rural and urban food deserts. This not only helps feed many needy families but is also good for the planet. Wasted food is a huge producer of greenhouse gasses which contribute to climate change.
Publix supermarkets are active supporters of youth organizations in their communities and also donate to Habitat for Humanity. Stoneyfield farms are big contributors to environmental causes and nonp ...
Review the Chapter Two Case Michael Porter on TED – The Case for
1. Review
the “Chapter Two Case: Michael Porter on TED – The Case for
Letting Business Solve Social Problems” at the end of Ch. 2 of
Business Driven Technology
.
Answer
the following questions:
Do you agree or disagree that business can solve social
problems? Justify your answer.
How can the concepts discussed by Michael Porter help with the
decision making process for managers at the three different
managerial levels?
Respond
to at least three of your peers. In your response, address any
thoughts you have on if business can solve social problems and
if it can help managers make decisions.
Students need to contribute
three
substantive posts in this discussion by the due date indicated.
The substantive posts can be any combination of responses and
replies.
Peer 1
2. If the statement was stated slightly different I would completely
agree with it. I do believe that business can help with social
problems, but they will not be the resolve for them. For
example, many commercial grocery stores donate all the food
that is past its “Selling” date to food banks and non-profits that
feed the poor. Just because it has past its sell by date does not
mean the food is bad, it just means you cannot legally sell the
product. There are more and more non-profits to help the less
fortunate in almost every community. The fact that businesses
will not be the resolve for social problems is simply because
they are a business they are here to make money, one of the
reasons for even the handout of the food example is because
they get to write that loss off on taxes.
Most businesses are broken into a few different management
levels, Operations, VPs and executive staff. The operations
management provide day to day decisions that affect the
operations of say their bank branch which they manage. They
make decisions such as who is working which teller line. VPs
and support staff make decisions on who is doing what problems
or incidents. The Executive staff focus on more of the business
long term decisions which have an affect of the entire company.
Reference: Baltzan P (2017, Business Driven Technology (7th
ed) New York, NY, McGraw-Hill
Peer 2
Do you agree or disagree that business can solve social
problems? Justify your answer.
3. Yes, I do believe that businesses can help solve social
problems. There have been an increasing number of restaurants,
farmers markets, grocery stores and even some college
campuses that donate fresh food that is past its’ selling prime,
but still perfectly safe to eat, to food pantries who distribute it
to low income families in both rural and urban food deserts.
This not only helps feed many needy families but is also good
for the planet. Wasted food is a huge producer of greenhouse
gasses which contribute to climate change.
Publix supermarkets are active supporters of youth
organizations in their communities and also donate to Habitat
for Humanity. Stoneyfield farms are big contributors to
environmental causes and nonprofits. .
Bill and Melinda Gates created their foundation to help improve
the health conditions for children in developing countries. They
have also donated hundreds of millions of dollars to the library
system to provide internet access and computers to libraries
nationwide. Their foundation is also dedicated to improving our
failing education system by donating millions of dollars to help
schools hire and retain high-quality teachers, and educational
materials. Warren Buffett is also a huge contributor to the
foundation. While this is a non-profit, it does have a big social
impact.
These are just a few examples of how businesses are working to
help solve social problems. I also believe that when a business
is involved in giving back to their communities and helping to
solve social injustices or supporting environmental issues, this
helps build customer goodwill which in turn can lead to
increased profits. I know I would rather spend a little more with
a company that does good things and gives back than one that
only cares about their shareholders profits. Mr. Porter stated
that we need to achieve scalability when it comes to businesses
4. helping solve social problems. If businesses are to buy in to
this, they need to see how much more profitable they could be
by working on social problems and less profitable by not doing
it.
·
How can the concepts discussed by Michael Porter help with the
decision- making process for managers at the three different
managerial levels?
Operational
– These lower level managers make structured decisions that
affect the day to day operations of their departments regarding
internal functions, such as which machine an employee will run
today or shifting people around to cover for someone who is out
sick.
Managerial
– These middle level managers make semi-structured decisions
that affect a short-ish term time frame. Their performance
indicators focus on efficiency and effectiveness.
Strategic
– These high level, senior executives make unstructured
decisions that affect a long term time frame. Their focus is on
the effectiveness and success of the entire company.
Reference:
Baltzan, P. (2017).
Business driven technology
(7th ed.).
New York, NY: McGraw-Hill/Irwin.
5. Peer 3
After listen to the TED talk of Michael Porter, I believe
business can solve Social problems, if they are willing. One of
the main issues that Micheal bring up is the scale of the social
issues, While the government and NGOs can make some
progress the scale of the social problems are so large that they
can not make large scale impacts on the problems, the resources
are limited and not enough money being tax revenue and
donations. Business have more resources and business create
wealth from what Micheal talked about. (Porter, 2013). Since
business make the wealth and money, the businesses need to be
involve to have which will allow business resources to deal with
the scales of the social problems. One social issue that is talked
about is pollution, the conventional thing by business it is not
worrying about pollution so that you make more money well the
fact is business can be have less pollution and still be
profitable, yes it is a balance however, if after the initial
investment to be less polluting they will still be profitable and
pollute less which will in-turn help with the social problem of
pollution where the government and NGO can not assist.
Reference: Porter, M 2013. Retrieved from
https://www.ted.com/talks/michael_porter_why_business_can_b
e_good_at_solving_social_problems#t-587925