Is the profit versus purpose debate past its use by date?

Other
Perspective
March 01, 2023

Creativebrief shares perspective from our co-founder, Abb-d Taiyo, on why the 'purpose vs. profit' debate is outdated, moving from binary to more of an intentional and impact-driven default.

Is the profit versus purpose debate past its use by date?

We've observed an industry shift in the profit and purpose paradigm – motivating progress over cashing-in has become less of a binary debate, and more of an intentional and impact-driven default.

Both emerging and established businesses are increasingly rejecting performative and profit-led action in favour of authentic change and creative innovation, with triple bottom line thinking becoming a mainstream standard rather than a sidelined opt-in or opt-out. We’re treating profit, people, and the planet as equal and independent stakeholders in their own right, and for good reason.

Taking a thoughtful pause
Studio
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Taking a thoughtful pause

At Driftime®, our purpose has always been to empower meaningful impact – not just through our work, but also in how we show up for our IRL and URL community.
Elevating impact and building trust with a compelling brand identity
Press
Work

Elevating impact and building trust with a compelling brand identity

Driftime® CCO, Abb-d Taiyo speaks to Civil Society Magazine for an in-depth feature on how a focused, strategic rebrand can revitalise charity missions, attract new funding streams, and accelerate social impact.
Sharing risk: how to build a people-first design business
Studio
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Sharing risk: how to build a people-first design business

Abb-d Taiyo, co-founder and CCO of Driftime®, shared his insight at Design Layers, a conference investigating the intersection of creativity, ethics and business goals, hosted by Readymag.