July 25, 2014

RICK WARTZMAN FEATURED IN NEW YORK TIMES

Eduardo Porter recently cited Rick Wartzman, executive director of the Drucker Institute, in his New York Times “Economic Scene” column on “Motivating Corporations to Do Good.”

In the piece, Porter says that while a company’s main responsibility is to remain profitable, “there is a case to be made that attending to workers’ rights or environmental degradation might help business in the long term.”

“Over all, there is no question that the ethos of corporate America has changed dramatically over the past 40 years,” Wartzman told Porter. The belief that business must serve multiple constituents, Wartzman added, has given way to an imperative “to make the shareholder king.”