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Davos Annual Meeting 2005-Does Business Have a Noble Purpose

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Uploaded by on Aug 30, 2007

Does Business Have a Noble Purpose?
Global companies are central institutions in our society, yet the public rarely seems to focus on the social benefits of their contributions to economic development.
1) What measures, other than shareholder value, can be used to assess value creation?
2) How has the rise of global companies affected public perceptions of business's contributions to society's wider objectives?
3) Should CEOs use their leadership position to influence how business is defined and perceived?
Lord Browne of Madingley, Group Chief Executive, BP, United Kingdom
Ian E. L. Davis, Managing Director, Worldwide, McKinsey & Company, United Kingdom
Rakesh Khurana, Professor, Harvard Business School, USA
Moderated by
Laura D. Tyson, Dean, London Business School, United Kingdom

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News & Politics

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  • I like to listen to the English accent of Professor Laura D'Andrea Tyson ,the moderator of this panel since I,myself, am an English teacher in Thailand. Furthermore, her accent has been recommended to my students as a ROLE MODEL. Thanks much,Laura. I follow most of her videos through YOU TUBE.

  • Why did Browne dodge the question on executive pay? Because he makes a packet himself and doesn't care to change it. His dodging the question was straight out of the the Peter Mandelson book of equivocation.

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