Business Support for Communities Could Be Waning

Harvard Business School just released its first study of U.S. competitiveness, reporting that almost two-thirds of U.S. businesses will locate their new plants outside the U.S. None of this is surprising. But for me, one finding was truly shocking: only 22 percent of U.S. managers believe that doing good for their communities will help their businesses.

Has the economic pressure really had that extreme an impact? I remember just a few years ago that managers believed that doing good for their communities was critical to their business and their reputations.