How Socially Conscious Companies Can Balance Mission and Profit

How Socially Conscious Companies Can Balance Mission and Profit
Category: Commentary
Published: October 31, 2016
Updated: September 9, 2026
Views: 12524
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Mission-driven companies must protect both impact and financial health. This discussion explores how authenticity can help entrepreneurs balance purpose with profit.

Can a socially conscious company be true both to its mission and to its bottom line? If there's conflict, what gets priority? It's a difficult balancing act and missteps can cost customers, especially among today's socially conscious Millennials. In this roundtable discussion, Ken Harrington of The Bayberry Group, Dave Feldman of the Livability Project and Nicholas Vitalari of Elasticity Labs talk about the importance of authenticity, and how entrepreneurs can harness their business skills towards making a better world.

 


Ken Harrington
Ken Harrington
Innovation Ecosystem Expert and Entrepreneur Guide / The Bayberry Group
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Dave Feldman
Dave Feldman
CEO / Livability Project
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Nicholas Vitalari
Nicholas Vitalari
CEO / Elasticity Labs
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Cite this Article
DOI: 10.17919/X9R59F
Harrington, Ken, undefined, and undefined. "How Socially Conscious Companies Can Balance Mission and Profit." FamilyBusiness.org. 31 Oct. 2016. Web 16 Sep. 2026 <https://eiexchange.com/content/how-socially-conscious-companies-can-balance-mission-and-profit>.
Harrington, K., Feldman, D., & Vitalari, N. (2016, October 31). How socially conscious companies can balance mission and profit. FamilyBusiness.org. Retrieved September 16, 2026, from https://eiexchange.com/content/how-socially-conscious-companies-can-balance-mission-and-profit