Asian Spectator


The Times

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More and more, business schools want to show they’re making a positive impact on society. But how should they measure it?

  • Written by Andrew Gaudes, Professor in Entrepreneurship and Former Dean, Goodman School of Business, Brock University
More and more, business schools want to show they’re making a positive impact on society. But how should they measure it?Business schools shape more than just business.iStock/Getty Images Plus

Back in 1970, the economist Milton Friedman famously argued that businesses have a single responsibility: to increase profit. For decades, the so-called “Friedman doctrine” amounted to dogma in certain circles, including at many business schools.

A lot has changed...

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