Episode 31: A Roadmap for Purpose-Driven Business and American Manufacturing with Andrew Hoffman

In this episode, I had the pleasure of sitting down with my friend Andrew Hoffman, professor at the University of Michigan and author of 19 books, to talk about his latest, Business School and the Noble Purpose of the Market. Andy’s journey is remarkable, from his early days as a carpenter to becoming one of the most respected voices calling for a rethinking of social benefit enterprises and business education.

We dug into why today’s business schools must evolve beyond outdated shareholder-first models and start preparing leaders to take on the big challenges of our time—climate change, inequality, and rebuilding trust in institutions. Andy makes a compelling case for how markets, when properly guided, can serve a noble purpose. He also shares a vision for how universities, government, and business can better align to drive meaningful change.

If you’re part of a regional ecosystem, a university, or simply someone working to make your corner of the nation work better for more people, Andy’s insights offer both a critique and a clear path forward. I hope this conversation sparks ideas—and more importantly, action—in your own work.

AMCC’s podcast is made possible in part by the expertise of Mike McAllen, founder of Podcasting4Associations. Are you part of an association also looking to produce a podcast? Let us get you in touch with Mike.

Thank you to the Economic Development Administration for their partnership in producing this podcast. This podcast was prepared in part using Federal funds under award 3070145 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.

🔗Links to Learn More:

• Find Andrew on Linkedin.
• Read Business School and the Noble Purpose of the Market

• Follow AMCC on Linkedin
• Find Matt on Linkedin