Externalizing machines

Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations. To make a detailed case analysis, student should follow these steps: Case study method guide is provided to students which determine the aspects of problem needed to be considered while analyzing a case study. It is very important to have a thorough reading and understanding of guidelines provided.

Externalizing machines

Probably more questions than answers, but this is a forum for discussing environmental issues. My goal is to post on a weekly basis. It touches a nerve that is at the heart of the discussion about whether our society should innovate or regulate our way to sustainability.

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I argue that we need both, but one needs to happen before, and independent of, the other. Companies excel at taking inputs and creating value from them.

Externalizing machines

For example, Apple sells iPhones and makes a financial profit if its revenues are higher than its costs. These costs are borne by the ecosystems that are destroyed and the people including future generations impacted directly and indirectly e.

I would say this is highly unlikely. This is particularly the case for public companies. Transparency and competition with others will only lead them to make changes if the people purchasing the product actually care about these externalized costs e.

This is where regulation comes in. Once the ground rules are set and are the same for everyone, the companies can have at it and compete and innovate their way to value creation and profitability.In todays mostly capitalistic world people who are consumers think that they have power to decide what products to purchase; people who are stockholders are only interested in the profit; people who run corporations make that profit regardless of the price others have to pay; and people who live in developing countries work for 3c per hour making brand name cloths which then are sold for $ Sep 16,  · “Companies are externalizing machines” This quote is from Greg Dalton of the Commonwealth Club/Climate One, during a recent talk on ecosystem services (link to full podcast).

It touches a nerve that is at the heart of the discussion about whether our society should innovate or regulate our way to sustainability. Joel Bakan argues that corporation are “externalizing machines”.

Harvard Business Case Studies Solutions – Assignment Help

Based on The Corporation, develop and defend a thesis/idea concerning the ethical consequences of companies externalizing costs. The corporation is an assembly of many members into one body, a legal personality, working toward achievement of a special goal. Oct 30,  · Externalities Corporations are an Externalizing Machines.

STEP 4: SWOT Analysis of the The Externalizing Machine Case Solution: SWOT analysis helps the business to identify its strengths and weaknesses, as well as understanding of opportunity that can be availed and the threat that the company is facing.

Profists can be increased by keeping wages low and real social, environmental, and economic costs externalized, borne by society at large and not by the firm. Today's corporations have been called "externalizing machines" because they are so committed to keeping much of the real costs of their activities off the books.

Externalizing machines
Externalizing machines