Business – Social Enterprise

//Business - Social Enterprise

6 Social Good Companies Changing the World In Innovative Ways

There are science-backed reasons to get involved in efforts we’re passionate about — research has found that helping others through generosity can make us happier and more financially successful. Businesses, too, can reap those benefits through social entrepreneurship, setting out to change the world through innovative thinking. These six social good companies are prioritizing the well-being of people

Crowdplanting: Purchase a tree and compensate for your carbon footprint

Tired of listening about climate change and the apparent inability of top-level politicians to face a daunting challenge? Luckily, there are many ways for citizens to compensate for the negative impact on the environment themselves, without relying on decision-makers. The social enterprise Reforest‘Action offers an easy solution, suitable to the busiest of us, allowing us to redeem

It’s time for data to serve a higher social purpose

In 2011, data scientist Jeff Hammerbacher, infamously lamented, “the best minds of my generation are thinking about how to make people click ads. That sucks.” It turns out, ads were just the beginning. More than 2.5 quintillion bytes of data are produced every day, which combined with rapidly advancing analytics technology, could be used to

Community enterprise and the natural world

2018 was a particularly grim year for environmentalists. The IPCC special report spelled out that we had just twelve years to avert climate collapse; extreme weather events continued to become more frequent and intense; natural assets and biodiversity continued their decline. At the same time, long-term economic restructuring and austerity underpinned an increase in personal precariousness and

This Octogenarian Still Innovates To End Extreme Poverty

Dr. Paul Polak, 85, is working with the zeal and enthusiasm of a freshly-minted college graduate, but he combines his passion with decades of experience to create outcomes at scale. Polak’s first success was in delivering treadle pumps to farmers in India. Tens of millions of people have used the devices in the 30+ years

Three Questions Compassionate Leaders Need To Ask

Compassionate leaders are courageous souls who often go against convention to inspire us all to be better and do better. As the founder of Investors Circle (now Social Venture Circle) and Slow Money, Woody Tasch has inspired qualified investors around the world to shift over $200M of capital toward companies with sustainability missions. Tasch’s newest project provides 0% loans

4 Ways Socially Responsible Companies Can Balance Impact and Revenue

Is social impact important to consumers? The data shows that the answer to this question is a resounding “Yes!” According to a 2018 Human Capital Trends Survey conducted by Deloitte, 86 percent of millennials think that business success should be determined by more than just a company’s financial outlook. Also, according to the 2018 Edelman Trust Barometer,

The Next Big Tech Trend Is Humanity

The next big tech trend is humanity, was a big theme coming out of the World Government Summit in Dubai in February 2018, delivered by an all-star cast including Narendra Modi, Christine Lagarde, Malcolm Gladwell and will.i.am. I found it very refreshing despite being the only “adult supervision” on a cryptocurrency panel talking about professional

Social Enterprise is Growing

Among the most influential economists of the post-war era, Milton Friedman is famed for his aggressive stance on capitalism. Business is only responsible to shareholders, he said. Increase profit at all costs. Social issues are no concern of yours. Little more than a decade after Friedman’s passing, social enterprise, a hybrid sector, is merging for-profit

Socially conscious investing has quadrupled in the past decade

Investors like their money to make money. But increasingly, according to a new report from the Harvard Business Review, they expect it to do good, too. In 2010, environmental, social, and governance (ESG) investments made up approximately $3 trillion of all professionally managed assets. As of the beginning of last year, that number had quadrupled to $12

DealBook Briefing: Your Davos Cheat Sheet

The week of the annual meeting of the World Economic Forum is a fire hose of news. Headlines, predictions, sightings and tidbits that months and years later are recognized as the flash point for much larger shifts and trends can often get overlooked. To help you sort through it all, we’ve put together this crib

The Outlook for Social Enterprises in 2019 and Beyond

Social enterprises are a growing force in the global economy and a fierce catalyst for social change. One third of startups globally have social good as their core mission. In the United Kingdom, the startup rate for social enterprises is three times that of mainstream small and medium-sized enterprises (SMEs). Social businesses focus on providing market-driven solutions that

How To Spark Entrepreneurship: Lessons From Innovation Hubs

"Entrepreneur" is generally understood to mean someone who organizes, manages, and assumes the risks of an idea or enterprise. Because of the risk associated with entrepreneurship, it is easy to assume success requires a specific type of person. But is it possible to create an environment that helps a range of people bring ideas to

Expect to see more businesses embrace social missions in 2019

As 2019 opens, the world faces many of the same troubles that plagued us last year and the year before that and the year before that. To help chip away at systemic problems like racial discrimination or global poverty, some entrepreneurs and private sector corporations are leveraging their strengths toward affecting change. That doesn’t mean

The social entrepreneur equipping youth with skills of the future

The first obstacle to meeting the challenge of job creation in commodity producing countries is breaking a mind-set among young people of complacency and engaging them enough to develop the skills needed for the roles of the future, according to a leading social entrepreneur from Colombia. Juan David Aristizabal is the founder of social enterprise Los

The future of business? Purpose, not just profit

We live in turbulent times. Poverty, inequality, youth unemployment and climate change are among the challenges we are facing. In business, CEOs have gone from being symbols of aspiration to objects of intense scrutiny. Even the younger, ‘cooler’ entrepreneurs, the kick-starters of the shared economy, are now being asked questions about the impact their companies

Companies can help build a more inclusive world. Here’s how

We live in a world of smart, connected ovens, but one in which 795 million people do not have enough food to eat. We are witnessing exponential growth, but also great inequality. Addressing this kind of polarization is no longer solely the role of governments and the non-profit sector. Large corporations have the opportunity, while still in

Endgame Strategy Recognizes That What Got Us Here Won’t Get Us To Our Goal

Social entrepreneurs can learn from the global effort to fight polio. In the first decade of this century, efforts to vanquish the disease once and for all stalled. With an injection of capital and insight from the Bill and Melinda Gates Foundation, the Global Polio Eradication Initiative or GPEI launched an “end game strategy” near the