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Why companies need owners
"What this company needs is an owner," declared Sam Zell, after completing
the $8.2 billion deal that put him in charge of the Tribune Co., which owns
newspapers including the Chicago Tribune, the Los Angeles Times and Newsday.
"It needs someone who accepts the responsibility for what this company
does."
Putting Entrepreneurship in the
Social Sector
The social sector is big
business. In the United States alone some 1.5 million nonprofits and other
social ventures have combined revenues of $700 billion and control assets
valued at $2 trillion—a seemingly substantial arsenal to tackle problems in
crucial areas such as education, poverty, and health care.
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