The Cleveland Model

Several nonprofit and medical institutions in Cleveland have turned to the Mondragón model for a consortium of businesses that will provide needed services and bolster an impoverished community. The Cleveland model takes us beyond both traditional capitalism and traditional socialism. The key link is between national sectors of expanding public activity and procurement, on the … Continue reading

Triple Bottom Line

The idea of the “triple bottom line” (TBL or 3BL) goes back to 1994, when the phrase was coined by John Elkington. He argued that companies should we working toward three equally important bottom lines: profit, people, and planet (3P). This is a major component of the stakeholder value movement of the 21st century. TBL has become … Continue reading