Business – Social Enterprise

//Business - Social Enterprise

The field of social entrepreneurship continues to rise

Coined in the early 1980s — most commonly attributed to Ashoka founder, Bill Drayton — the term “social entrepreneur” may still experience debate on exact definition (as reported early in Generocity’s March coverage) but there’s no question of its growing influence here in Philadelphia, the United States and around the world. Social entrepreneurs, a breed of change agents, differentiate from entrepreneurs

From solar torches to bioloos: five frugal innovations from around the world

Whether it’s bringing quality healthcare closer to those residing in rural villages or providing people with facilities as basic and necessary as toilets, it’s sometimes wise not to overcomplicate things. Frugal innovation, based on the Indian concept of jugaad– innovating when there are limitations in resources – can provide an answer when capital is low, resources

The Rise Of The Social Enterprise: A New Paradigm For Business

After a year of research and another enormous survey of business and HR leaders around the world, we just released the Deloitte Human Capital Trends 2018, entitled “The Rise of the Social Enterprise.” What we found, after detailed analysis of the data and many interviews with business leaders, is that businesses today are entering a whole

Social Entrepreneurship, Philanthropy, and Innovation in China and the United States

Glaring news headlines about a developing trade war between the governments of the United States and China lie in sharp contrast to the emerging partnerships developing between philanthropists and social entrepreneurs from the two countries. As I learned while on a recent delegation from Stanford Center on Philanthropy and Civil Society (PACS) to Beijing there are far

When You Think ‘Sustainable and Ethical Returns,’ Think Female Leaders

Larry Fink’s recent clarion call to capitalism that managing “environmental, social,and governance (ESG) matters demonstrates the leadership and good governance that is so essential to sustainable growth” should not fall on deaf CEO ears. Fink is the leader of BlackRock, the largest asset manager in the world with $6 trillion under management, meaning that it has considerable proxy shareholder

IE Business School Students Matching Social Impact Startups With Investment

Hackathons, mobile payment apps, children’s nonprofits, and a digital marketing agency. Stuart Minnaar’s career has been just about as diverse as it's been impactful. A serial entrepreneur, Stuart chose to relocate from his native South Africa to pursue a full-time MBA at Spain’s IE Business School, globally-recognized for its strength in entrepreneurship. He crowd-funded over $6,000

Commercial waste eyed by Oxford’s new social enterprise

Oxford city council has  announced it has turned its direct services operation into a social enterprise which means it can now bid for more commercial work. The council explained that until now there were limits to the financial income that the DSO could earn but now it can make more money through the wholly-owned social

2018-04-05T06:09:26+00:00 Tags: |

The Right Way for Companies to Publicize Their Social Responsibility Efforts

“Why don’t we get credit for all the good things we do?” the CEO of a major global corporation asked me recently. After all, the company has innovative and impactful programs to ensure safe working conditions; training programs to help low-wage workers in its supply chain increase their earnings; numerous environmental initiatives to reduce its

Why Pushing For Social Responsibility Is Smart Business

Normally when BlackRock speaks, corporate America listens. With over $6 trillion under management, BlackRock’s Founder and CEO Larry Fink is one of the most powerful men on Wall Street. But his recent annual CEO letter has sparked a fierce debate among the thousands of powerful CEOs who received it. Do businesses, as Mr. Fink asks, have a

Social Enterprise Is Not Social Change

Social enterprise and social entrepreneurship (SEE)—a business-inspired approach to solving social problems—has exploded across the United States and the world in the last decade. It has entrenched itself within a broad spectrum of fields, from economic development and urban planning to health and education policy. Since the Harvard Business School established the first “Social Enterprise

Socially Responsible Business Can Only Succeed If It Becomes a Movement

What does it take to cause something big about a community to change — something that no one individually has much power over, even something as big as a prevailing mindset? We know what it takes: a social movement. And social movements aren’t only the domain of community organizers and college students. Business people can

Watch: Ruth Bader Ginsburg – documentary RBG

Ruth Bader Ginsburg has spent a lifetime fighting for gender equality, but in a recent interview the 84-year-old supreme court justice made clear she sees the fight as unfinished business. When asked at the Sundance Film Festival for her thoughts on the nascent #MeToo movement, she was unequivocal with her praise: “It’s about time,” Ginsburg

Investing in Poverty Reduction

The tax legislation that US President Donald Trump signed into law last December will dramatically increase inequality and the federal budget deficit. Yet, hidden within it – and within budget legislation enacted in February – are two promising programs for helping state and local governments address the needs of disadvantaged Americans. The new tax law creates generous incentives to

Take 5: How Companies Benefit from Corporate Social Responsibility

Corporate social responsibility has been a buzzword for a while. And it’s not hard to see how communities stand to benefit when firms are serious about CSR—be it by participating in a clean water campaign or having a large philanthropic presence. But what about the firms themselves? How does doing good affect their bottom line?

Three Reminders When Seeking To Fund Social Change In The Developing World

Acts of philanthropy, or 'love of humanity' are at the forefront of society these days. Rising rates in impact investment, strategic philanthropy, and crowdfunding all point to a growing desire to see radical social change around the world. Yet today, for many of us working in the philanthropic sector, there is the question of intentionality and

Make a difference — disinvest from guns

Corporate America and Wall Street have spent the last two weeks coming to terms with a reality they have long sought to avoid: that business and investment decisions about guns affect society. This has led Americans to search for ways to get guns out of their savings plans. Fortunately, because the sustainable and responsible investing

Austin wants to use blockchain technology to help the homeless

Stolen and lost identification often keeps the 7,000 homeless in Austin, Texas, from getting critical services such as medical care, housing, and potential employment. To help solve such issues, the city wants to use blockchain, the same underlying technology behind bitcoin. The technology could be used to create unique digital identifiers for homeless people, allowing

A 5-step guide to fundraising for social entrepreneurs

Fundraising is the simplest job on paper, but the hardest in execution. When investors think of startups, they think of profitability and big returns. But as a social enterprise, the playing field is different. You are trying to gain profits and returns, no doubt, but while creating large-scale social change. This can be difficult to

2018-02-22T04:18:28+00:00 Tags: |

17 Social Entrepreneurs Honoured By School For Social Entrepreneurs India And PwC India

The School for Social Entrepreneurs (SSE) India felicitated 17 social entrepreneurs today for graduating from its flagship Social Start-Up Fellowship programme, an initiative supported by PwC India. Attending the programme were Satyavati Berera, COO, PwC India, Shalabh Mittal, CEO, SSE India and Jaivir Singh, Chairperson, SSE India and Vice Chairman, PwC India Foundation. The graduating

2018-02-20T00:06:19+00:00 Tags: |

Social Enterprise Bean Voyage Giving Women Farmers More Control, More Income

A young social enterprise nonprofit called Bean Voyage is seeking to dramatically increase the incomes of women farmers by cutting middlemen from the supply chain, improving quality and leveraging an e-commerce platform for sales in key consumer markets. The “proof of concept” for the market access model, which involved two women coffee farmers in the Los Santos region

2018-02-19T15:43:17+00:00 Tags: |