Today Professor Trilochan Shastri asked an interesting question. He said what do we mean by "Sustainability of an Not for Profit"
He said if one look at Fortune 500 or equivalent list of 1940,50,60 and so on it keeps on changing drastically. Many companies would have actually closed down.
On the other hand places like Harvard are 300 years old
Oxford or Cambridge 1000 years old
Church 2000 yeas old
Kashi Vishvanath or Tirupati also 100s of years old
So his argument was in reality not for profit institutions have outlived their corproate counterpart.
and even corporates have very high mortality rate then why this insistence on sustainability of not for profits only?
Friday, September 19, 2008
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