Published by:
Harvard Business Publishing
Length: 9 pages
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Abstract
In "What Is Business''s Social Compact?," HBR Reprint #94102, Bernard Avishai examines the nature of businesses''s social responsibility in a competitive environment that has superseded Adam Smith''s division of labor. The nature of work has undergone, and continues to undergo, a fundamental transformation. In this new economy, learning organizations must become teaching organizations as well. Does business have an obligation not only to train its current employees but also to educate the workforce of the future? In this issue''s Perspectives section, nine experts consider Avishai''s argument and examine the role of business in education.
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Abstract
In "What Is Business''s Social Compact?," HBR Reprint #94102, Bernard Avishai examines the nature of businesses''s social responsibility in a competitive environment that has superseded Adam Smith''s division of labor. The nature of work has undergone, and continues to undergo, a fundamental transformation. In this new economy, learning organizations must become teaching organizations as well. Does business have an obligation not only to train its current employees but also to educate the workforce of the future? In this issue''s Perspectives section, nine experts consider Avishai''s argument and examine the role of business in education.