Business – Social Enterprise

//Business - Social Enterprise

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

Putting the enterprise into social enterprises

SOCIAL enterprises are a brilliant idea. Instead of a charity or a non-governmental organisation (NGO) that has to depend on charity or grants from governments or international agencies, a social enterprise does social good via a business entity. Investopedia states that, “social enterprises seek to maximise profits while maximising benefits to society and the environment.

Social enterprise is the solution we need right now

For all the negative and pessimistic news out there, there is a lot of good being done in the world which can serve as a source of hope. One sector which is on the rise and working to create solutions to many of our world’s greatest challenges is that of social enterprises. Social enterprises are

Five Lessons For Making Change From 18 Impact-Driven Farmers

I had the pleasure of starting and ending one of the last weeks of 2018 at Stone Barns Center for Food and Agriculture, a working farm that views itself as a “laboratory dedicated to sustainable farming practices,” and also home to the world-renowned restaurant, Blue Hill at Stone Barns. I was there to observe portions of

How Nonprofits Solve Social Enterprise’s Three Big Problems: Money, Trust, and Information

Social enterprise business ventures are all the rage. Entrepreneurs and consumers (not to mention scholars, policymakers, donors, and other stakeholders) see in them a solution to vexing social problems—a promise of salvation from the organizational baggage that weighs down more traditional approaches to tackling the ills that plague society. Disciplined by market forces, social enterprises

Six Ways to Support Small and Growing Businesses in Emerging Markets

There is strong evidence that small and growing businesses are important engines of prosperity, accounting for a disproportionate amount of employment growth. Programs designed to help start and scale these businesses—which we define as commercially viable, with 5 to 250 employees, and potential and ambition for growth—have become popular among donors. Many major institutions, including

The Year In Impact Enterprise and Investing

As the year draws to a close, let’s pause to consider what took place in the world of social enterprise and impact investing. Here are five noteworthy happenings. Impact investing activity keeps growing, with healthy returns.  According to the Global Impact Investing Network’s (GIIN) most recent Annual Investor Survey, the size of the global impact investing market

How This Woman-Owned Sewing Studio In Texas Combats The Refugee Crisis

According to the United Nations High Commission for Refugees, there are more than 65 million displaced people in the world, and 22 million are refugees. In the United States, the number of annual, resettled refugees is less than 25,000 (as of 2017). To give that some context, a "refugee" is someone who has been applied for resettlement

Should you be for-profit or nonprofit? Why not both?

Over the past fifteen years, I've had the opportunity to provide strategy for well over a hundred social change start-ups seeking to make the world a better place. The most common question they ask, "Should we be a for-profit or a nonprofit." My answer, "Why not consider both?" Let's review the advantages and disadvantages. The

What Are The Challenges Of Running A For-Profit Social Enterprise?

What are the challenges of running a for-profit social enterprise? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Andrew Forman, Co-Founder at Givz, on Quora: What are the challenges of running a for-profit social enterprise? This is a crucial question, since social enterprises are a

The Importance Of Connectivity In The New Social Enterprise

I have previously written about an ongoing shift driving organizations to move from business enterprises to social enterprises. One of the key factors driving this shift is the newfound power of the individual — the unprecedented ability to personalize their work experience and influence what others think and feel about their organization. Connecting workers to one another