[PW] Re: Phrase Stumper

[Bye, Dan J]

I found this reference:

"A new look at corporate social responsibility"
Peter F. Drucker
McKinsey Quarterly, Autumn 1984, iss. 4. p17-28

The author's abstract reads:
"The conventional view of corporate social responsibility sees business as a rich man who should, if only for the good of his soul, give alms to the less fortunate by meeting social needs and relieving social problems. Professor Drucker looks at two contrasting philanthropists of the last century--Carnegie and Rosenwald- and suggests that business must "do good to do well" converting social needs and problems into profitable business opportunities in order to fulfil the ultimate social responsibility--creating the capital which alone can finance tomorrow's jobs."

on p.18 is this: ""You have to be able to do good to do well," was Julius Rosenwald's credo."

If that's a direct quote (that puts the line back before 1932, when Rosenwald died.  The only citation Drucker offers is:
Emmet, Boris and Jeuck, John E. Catalogues and Counters: a history of Sears, Roebuck and Co., University of Chicago Press, 1950.

If you look Rosenwald up in Wikipedia, there are other biographical sources that might be worth checking:

"Ascoli, Peter M. Julius Rosenwald (2006), the major biography 
Embree, Edwin R. Investment in People? The Story of the Julius Rosenwald Fund. 1949. 
Werner, M. R. Julius Rosenwald: The Life of a Practical Humanitarian. 2d ed. 1939."
http://en.wikipedia.org/wiki/Julius_Rosenwald


Dan

> -----Original Message-----
> From: project-wombat-bounces at lists.project-wombat.org 
> [mailto:project-wombat-bounces at lists.project-wombat.org] On 
> Behalf Of Shari Haber
> Sent: 29 September 2006 03:48
> To: list at project-wombat.org
> Subject: [PW] Phrase Stumper
> 
> I'm at the end of my rope, and it's about to hang me!
> 
> I am trying to find the origin of the phrase "Do good and do well," 
> which is sometimes referred to as "the double bottom line" 
> (i.e., by being socially responsible you can also do well 
> financially). Starbucks, IBM, Calvert Group, Charlie Rose, 
> Pres. Clinton, and several others have used the phrase, but I 
> can't find a point of origin, although I've checked books of 
> proverbs, slogans, business quotations, and catchphrases. Its 
> source is probably buried somewhere in the 1990s, but I have 
> been unable to unearth it. Can anybody illuminate me?
> 
> TIA.
> 
> Shari Haber
> MCLS Reference Center
> shaber at mcls.org
> 
> _______________________________________________
> Project Wombat
> list at project-wombat.org
> http://www.project-wombat.org/
>