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The document discusses the rise of social entrepreneurship and businesses focusing on more than just economic profit. It notes that traditionally businesses only focused on profit, but problems in the world have grown and stakeholders now demand that companies also consider social and environmental impacts. The document promotes the idea that businesses can realize value through social investment and investment in the environment. It describes social entrepreneurship as the convergence of non-profits using business models to pursue their mission and for-profits whose primary purposes are social and environmental.
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- 1. SOCIAL ENTREPRENEURSHIP Beyond CSR 2010 McGill-HEC Montréal Chris Roth March 12, 2010
- 2. Once upon a time ECONOMIC PROFIT was all that counted in business
- 3. Then reality struck …
- 4. And the problems which inflicted the world’s most vulnerable … grew unabated.
- 5. NO MORE BUSINESS AS USUAL no m ore
- 6. “What gets us into trouble is not what we don’t know, it’s what we know for sure, that just ain’t so.” MARK TWAIN
- 7. PROFIT Businesses exist to make a profit. or … Businesses make a profit to exist. (existing for purposes beyond that of just making money!)
- 8. GROWTH Is not the end objective. It’s the means … (to a higher level of well-being.)
- 9. CLIENTS EMPLOYEES SHAREHOLDERS are now demanding more than just financial gains
- 10. Companies will realize value in SOCIAL INVESTMENT
- 11. And they will be rewarded for their INVESTMENT IN THE ENVIRONMENT
- 12. By helping entrepreneurs start their sustainable business CHALLENGE YOUR WORLD is turning bright ideas into a brighter future
- 13. CHALLENGE YOUR WORLD Dream Share Define Build Sell Launch
- 14. SOCIAL ENTREPRENEURSHIP is the convergence of non-‐profits that use business models to pursue their mission and for-‐profits whose primary purposes are social and environmental