Georgi Lossmann-Iliev, Head of Magdas Recycling, Austria
Video: https://youtu.be/R9KGnkZIeWo
Social Entrepreneurship Foruma 2015 http://sefriga.lv/
Georgi Lossmann-Iliev is head of magdas recycling and in charge of social business development at magdas, the social business company founded by Caritas Vienna. Magdas, an 100 percent affiliate of Caritas Vienna, was founded in 2012 with the aim of creating new job opportunities for people living in poverty with no or lower chances of getting a job. Run as a social business, magdas tries to solve social and economic problems with entrepreneurial tools. Magdas social business comprises projects from a design hotel run by former refugees in co-operation with hotel experts to a recycling enterprise recycling yearly almost half a million mobile phones.
Social Entrepreneur Corps: 2018 Impact ReportGreg Van Kirk
Comprehensive social innovation and consulting impact report for Social Entrepreneur Corps programs in Guatemala, Ecuador and The Dominican Republic. Includes work with partners such as DukeEngage, Northwestern (GESI), Miami University, UConn, KSU, University of Maryland, Warby Parker and Deloitte.
Ingeborga Linde, Labklājības ministrijas Darba tirgus politikas departamenta vecākā referente | Sociālās uzņēmējdarbības forums 2015 http://sefriga.lv/
Marketing, Publicidad y Analítica web - Master AvanzadoAutoMediciones
Estoy contento con el plan de estudios, es duro pero efectivo, la base de conocimiento Util de la escuela de negocios IEBS "learning by doing"
By contact: http://www.linkedin.com/in/fedealigue
Social Entrepreneur Corps: 2018 Impact ReportGreg Van Kirk
Comprehensive social innovation and consulting impact report for Social Entrepreneur Corps programs in Guatemala, Ecuador and The Dominican Republic. Includes work with partners such as DukeEngage, Northwestern (GESI), Miami University, UConn, KSU, University of Maryland, Warby Parker and Deloitte.
Ingeborga Linde, Labklājības ministrijas Darba tirgus politikas departamenta vecākā referente | Sociālās uzņēmējdarbības forums 2015 http://sefriga.lv/
Marketing, Publicidad y Analítica web - Master AvanzadoAutoMediciones
Estoy contento con el plan de estudios, es duro pero efectivo, la base de conocimiento Util de la escuela de negocios IEBS "learning by doing"
By contact: http://www.linkedin.com/in/fedealigue
Aress have been developing mobile apps for many years with the breadth of our expertise extending to other OS (BlackBerry and Symbian), communications protocols (Bluetooth, GPRS and Near Field Communication) and messaging services (SMS, MMS).
Conflict Prevention Due Diligence Negotiation & Consensus Building Strategies...Universidad de Lima
Conflict Prevention Due Diligence:
Negotiation & Consensus Building Strategies for Foreign-Investment Projects
Prof. Luis Ore
Business School
Universidad de Lima, Peru
social feasibility
Marc Egger: Text Analytics for Brand Research -Non-reactive Concept Mapping t...mbruemmer
Marc Egger (Inius) talked about brand research in the context of product development in companies. On the basis of text analytics for consumer social media content, concept maps for market research are developed. The aim is to find out what the consumer thinks about product, brands and general topics via NLP tools that detect, collect and analyze textual consumer content from the web. As an example, the work with the brand concept map was presented. Out of this map the customers’ associations are turned into a network representation that is then analyzed according to the values i) strength, ii) favorability, iii) uniqueness and iv) patterns of thought. This analytics software which is used to elicit consumer perceptions could be improved with regard to the textual data processing in various aspects. These include:
-refine POS tagging and dependency parsing for written oral language such as forum posts for more accurate concept candidate detection.
-also cover intra-article topic relevance.
-face aggregation challenges such as spelling mistakes (burger = burgr), synonymous concepts (tasty burger = delicious burger)
-increase accuracy in ratings of topic relevance by providing high quality resources for German NER and better German anaphora resolution tools
Taller de fotografía con ojo de pez, para la asociación de antiguos alumnos de la Universidad Politécnica de Valencia. 28-04-2016. Características de la fotografía con ojo de pez, tipos de objetivos ojo de pez, profundidad de campo, distorsión, ángulo de visión, problemas con el manejo, visionado de fotografías.
Clasificación de objetivos
-objetivos según su distancia focal
Características de un objetivo ojo de pez
-ojo de pez circular y diagonal
-distancia focal y ángulo de visión
-distorsión
-profundidad de campo
-composición (ordenación de elementos)
Visionado y comentario de fotografías
www.pelegri.es
Können Bilder Geschichten erzählen? Ja, keine Frage. Aus diesem und vielen anderen Gründen boomen die beiden Services Instagram und Pinterest als Foto- und Bild-Netzwerke im Moment auch scheinbar unaufhörlich.
Doch was steckt hinter dem Hype? Und hat das geschriebene Wort nun ausgedient, wenn alle nur noch in Bildern kommunizieren?
Um diesen und weiteren Fragen auf den Grund zu gehen, habe ich für Citrix und media-TREFF ein Webinar rund um Pinterest und Instagram halten dürfen. Dies sind die Slides dazu. Ergänzend gibt es noch die Möglichkeit geben sich die Aufzeichnung des Vortrags unter
http://www.citrixonline.de/aktuelles/webinare/webinar-archiv/ anzusehen. Ein Whitepaper zum Thema folgt ebenso.
A Purpose-Driven Approach to Business Model Design (Version 2.6 - Mar 2018)Social Venture Lab@NUS
The Business Model Canvas (BMC) by Alex Osterwalder and Yves Pigneur has been widely used as a tool for analyzing, designing and visualizing the business model of new and existing for-profit business ventures. However, the analytic framework of BMC is incomplete when one is trying to develop the business model for a social venture that seeks to achieve specific social impacts as a primary goal, with financial viability as a secondary, albeit important, consideration.
This presentation introduces "A Purpose-Driven Approach to Business Model Design", developed by Professor Wong Poh Kam of the NUS Entrepreneurship Centre, that puts the achievement of social impact as the primary design goal, and adapts the BMC to more effectively explore how different business models can be developed to achieve those impacts. This design approach also highlights how the financial requirements of a business model can be met with different financing models, and shows how the tensions between achieving social impacts and meeting financing requirements can be resolved through the design of an appropriate stakeholder model that generates a “shared-purpose” between the social entrepreneur and other stakeholders.
It uses concrete examples of actual social ventures to illustrate how social impacts and financial viability are achieved in practice using this purpose-driven approach to business model design. Viewers are invited to apply this holistic analytical framework to examine their own social venturing ideas, and to share their new learnings.
Find out more about what we do at http://enterprise.nus.edu.sg/entrepreneurship-outreach/social-venture-lab
Purpose-Driven Approach to Business Model Design (Version 2.5 - May 2017)Social Venture Lab@NUS
***This presentation has been updated. Please refer to version 2.6 of the presentation here, which you may download: https://www.slideshare.net/SVCAsia/a-purposedriven-approach-to-business-model-design-version-26-mar-2018
The Business Model Canvas (BMC) by Alex Osterwalder and Yves Pigneur has been widely used as a tool for analyzing, designing and visualizing the business model of new and existing for-profit business ventures. However, the analytic framework of BMC is incomplete when one is trying to develop the business model for a social venture that seeks to achieve specific social impacts as a primary goal, with financial viability as a secondary, albeit important, consideration. This presentations introduces a purpose-driven approach to business model design, developed by NUS Entrepreneurship Centre, that puts the achievement of social impact as the primary design goal, and adapts the BMC to more effectively explore how different business models can be developed to achieve those impacts. This design approach also highlights how the financial requirements of a business model can be met with different financing models, and shows how the tensions between achieving social impacts and meeting financing requirements can be resolved through the design of an appropriate stakeholder model that generates a “shared-purpose” between the social entrepreneur and other stakeholders. It uses concrete examples of actual social ventures to illustrate how social impacts and financial viability are achieved in practice using this purpose-driven approach to business model design. Viewers invited to apply this holistic analytical framework to examine their own social venturing ideas, and to share their new learnings.
Aress have been developing mobile apps for many years with the breadth of our expertise extending to other OS (BlackBerry and Symbian), communications protocols (Bluetooth, GPRS and Near Field Communication) and messaging services (SMS, MMS).
Conflict Prevention Due Diligence Negotiation & Consensus Building Strategies...Universidad de Lima
Conflict Prevention Due Diligence:
Negotiation & Consensus Building Strategies for Foreign-Investment Projects
Prof. Luis Ore
Business School
Universidad de Lima, Peru
social feasibility
Marc Egger: Text Analytics for Brand Research -Non-reactive Concept Mapping t...mbruemmer
Marc Egger (Inius) talked about brand research in the context of product development in companies. On the basis of text analytics for consumer social media content, concept maps for market research are developed. The aim is to find out what the consumer thinks about product, brands and general topics via NLP tools that detect, collect and analyze textual consumer content from the web. As an example, the work with the brand concept map was presented. Out of this map the customers’ associations are turned into a network representation that is then analyzed according to the values i) strength, ii) favorability, iii) uniqueness and iv) patterns of thought. This analytics software which is used to elicit consumer perceptions could be improved with regard to the textual data processing in various aspects. These include:
-refine POS tagging and dependency parsing for written oral language such as forum posts for more accurate concept candidate detection.
-also cover intra-article topic relevance.
-face aggregation challenges such as spelling mistakes (burger = burgr), synonymous concepts (tasty burger = delicious burger)
-increase accuracy in ratings of topic relevance by providing high quality resources for German NER and better German anaphora resolution tools
Taller de fotografía con ojo de pez, para la asociación de antiguos alumnos de la Universidad Politécnica de Valencia. 28-04-2016. Características de la fotografía con ojo de pez, tipos de objetivos ojo de pez, profundidad de campo, distorsión, ángulo de visión, problemas con el manejo, visionado de fotografías.
Clasificación de objetivos
-objetivos según su distancia focal
Características de un objetivo ojo de pez
-ojo de pez circular y diagonal
-distancia focal y ángulo de visión
-distorsión
-profundidad de campo
-composición (ordenación de elementos)
Visionado y comentario de fotografías
www.pelegri.es
Können Bilder Geschichten erzählen? Ja, keine Frage. Aus diesem und vielen anderen Gründen boomen die beiden Services Instagram und Pinterest als Foto- und Bild-Netzwerke im Moment auch scheinbar unaufhörlich.
Doch was steckt hinter dem Hype? Und hat das geschriebene Wort nun ausgedient, wenn alle nur noch in Bildern kommunizieren?
Um diesen und weiteren Fragen auf den Grund zu gehen, habe ich für Citrix und media-TREFF ein Webinar rund um Pinterest und Instagram halten dürfen. Dies sind die Slides dazu. Ergänzend gibt es noch die Möglichkeit geben sich die Aufzeichnung des Vortrags unter
http://www.citrixonline.de/aktuelles/webinare/webinar-archiv/ anzusehen. Ein Whitepaper zum Thema folgt ebenso.
A Purpose-Driven Approach to Business Model Design (Version 2.6 - Mar 2018)Social Venture Lab@NUS
The Business Model Canvas (BMC) by Alex Osterwalder and Yves Pigneur has been widely used as a tool for analyzing, designing and visualizing the business model of new and existing for-profit business ventures. However, the analytic framework of BMC is incomplete when one is trying to develop the business model for a social venture that seeks to achieve specific social impacts as a primary goal, with financial viability as a secondary, albeit important, consideration.
This presentation introduces "A Purpose-Driven Approach to Business Model Design", developed by Professor Wong Poh Kam of the NUS Entrepreneurship Centre, that puts the achievement of social impact as the primary design goal, and adapts the BMC to more effectively explore how different business models can be developed to achieve those impacts. This design approach also highlights how the financial requirements of a business model can be met with different financing models, and shows how the tensions between achieving social impacts and meeting financing requirements can be resolved through the design of an appropriate stakeholder model that generates a “shared-purpose” between the social entrepreneur and other stakeholders.
It uses concrete examples of actual social ventures to illustrate how social impacts and financial viability are achieved in practice using this purpose-driven approach to business model design. Viewers are invited to apply this holistic analytical framework to examine their own social venturing ideas, and to share their new learnings.
Find out more about what we do at http://enterprise.nus.edu.sg/entrepreneurship-outreach/social-venture-lab
Purpose-Driven Approach to Business Model Design (Version 2.5 - May 2017)Social Venture Lab@NUS
***This presentation has been updated. Please refer to version 2.6 of the presentation here, which you may download: https://www.slideshare.net/SVCAsia/a-purposedriven-approach-to-business-model-design-version-26-mar-2018
The Business Model Canvas (BMC) by Alex Osterwalder and Yves Pigneur has been widely used as a tool for analyzing, designing and visualizing the business model of new and existing for-profit business ventures. However, the analytic framework of BMC is incomplete when one is trying to develop the business model for a social venture that seeks to achieve specific social impacts as a primary goal, with financial viability as a secondary, albeit important, consideration. This presentations introduces a purpose-driven approach to business model design, developed by NUS Entrepreneurship Centre, that puts the achievement of social impact as the primary design goal, and adapts the BMC to more effectively explore how different business models can be developed to achieve those impacts. This design approach also highlights how the financial requirements of a business model can be met with different financing models, and shows how the tensions between achieving social impacts and meeting financing requirements can be resolved through the design of an appropriate stakeholder model that generates a “shared-purpose” between the social entrepreneur and other stakeholders. It uses concrete examples of actual social ventures to illustrate how social impacts and financial viability are achieved in practice using this purpose-driven approach to business model design. Viewers invited to apply this holistic analytical framework to examine their own social venturing ideas, and to share their new learnings.
Originally delivered on 17 April 2012, this slide set is still relevant today. It describes how Benefits Management fits in with the Project Management lifecycle, where Projects should only be initiated once the benefits have been determined, and the decisions a project manager makes should optimise Benefits Realization Management (BRM) rather than simply try to reach the next milestone (see especially slide 7)
Presentation by Agnese Lešinska, Legal Advisor and Researcher of the Public policy centre PROVID at the Social Entrepreneurship Forum in Riga on November 8-9, 2012 For more information visit: http://sefriga.lv/
"Social Innovation and Business Models" module lead by Nikhil Sareen from ISB (Diffusion Pune - 2 day residential workshop for non-profit and social enterprises)
Digital By Default Local Government Event - Southwark CathedralAndrew Bennett
Featured slides from the Gandlake, Southwark Council and IRRV event held at Southwark Cathedral on 12th November 2015.
Presenters:
Dominic Cain, Assistant Director (Revenues, Benefits & Financial Transaction shared services), Southwark Council
David Ashmore, Director of Business and Customer Service, Lambeth Council
Stephen Hughes, Freelance Financial Adviser (former LGA Executive Director and CEO of Birmingham City Council)
Dave Briggs, Head of Digital & Design, Adur and Worthing Councils
Karen Michael, Service Development Team Leader, London Borough of Southwark
Vivian Davies, Head of Collections and Credit Control, Family Mosaic
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
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As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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2. magdas Mandate
• Foundation of social enterprises
by transforming existing
projects into a social business
• Social Business definition by
Caritas Vienna standards
– Prime objective is to (partially) solve
social problems.
– Self-financed by economic success.
• Demand is generated through
quality of services
• Additional social value serves as
surplus [facilitates purchase
decisions]
3. The Idea
Visionaries like Muhammad Yunus argue for the idea, to combine the conventional entrepreneurship with solving
existing problems of our society. In accordance, Caritas Vienna is convinced, the so called Social Business
Concept will greatly add to the already existing portfolio of services.
Main objective is the partial solution of social problems. Funding is generated by economic success, without
drawing on public subsidies, which wouldn’t be available to competitors.
magdas is a potential response to present challenges of the welfare state on the one hand and to the profit
oriented market system on the other.
4. magdas‘ Mission
magdas likes Social Business.
With magdas we prove, there is no contradiction between
economic success and socially responsible behaviour.
With our Social Business enterprises we create meaningful
employment for people, who would otherwise have only limited
chances, sometimes even none at all, to get a job.
Even our customers benefit. While consuming high-quality
products & services they simultaneously fulfil their need for
being socially responsible.
With magdas we show: It’s possible to make a difference.
5. magdas‘ Structure
• 2 entities, working together under the umbrella of
magdas:
– Association:
magdas – Social Business by Caritas of archdiocese Vienna
– Limited liability company:
Caritas Services GmbH
• By now 115 employees (including 45 people with
limited job perspectives)
• 5 business segments
7. magdas RECYCLING
• Mobile Phone collection
– „Ö3 Wundertüte“
(~OE3 Lucky Bag)
– since 11 years
– In 2014:
• 470.000 mobiles
• € 800 000.- contribution
to families in distress
– wunderbox @ carla
• New project:
business mobiles
8. magdas SERVICES
• Facility Management for
Caritas buildings
• 180 real estates with over
200.000 m²
• mobile teams
• In buildup: cleaning project
9. magdas ESSEN
• 2 large scale kitchens –
many distribution kitchens
• In 2014: 500.000 meal
servings to clients in 14
Caritas-facilities
• Forecast: 1 additional
canteen kitchen
• Variety of served menus
– Seasonal
– Regional
– Special themes
– Elaborated in cooperation
with nutritionists, clients and
professionals of social
services
10. magdas CANTEEN
• Operated by professionals
and people soon-to-be
professionals
(disadvantaged employees)
• Opened in september 2014
• Located in the old bread
factory of Ankerbrot AG in
Vienna‘s 10th district
• Canteen and Catering
• Regional, seasonal, near to
nature products
• Objective: Create
opportunities for the
neighbourhood
11. magdas HOTEL
• Since 14.2.2015 operated by
professionals and refugees
• Temporary use of the former
Caritas retirement and nursing
home
• 78 double bedrooms, apartments
and suites (using upcycling-
products)
• Crowdfunding-campaign during
retrofitting (over € 50.000
generated)
• Target group: urban tourists,
families, business travellers and
globetrotters
• Wide variety of services and
features (rental bikes, garden,
16. Social Challenges
Basics
• All employees are deployed and remunerated according to the relevant collective bargaining
agreement
• Potential placement obstacles of an employee will not be disclosed to colleagues– in contrast to
projects where disclosure is required
• Termination management is a component of the concept as well.
• Both limited and open-ended job contracts are available
• Executives are recruited from professionals of the respective line of business (whether with or without
placement obstacles)
• Impact measurement will be and social advisory board is already established
17. Social Challenges
Lessons learned
• Training phase of unskilled employees should be as long as possible– favourably by means of
internships in other companies
• Executives need training and guidance in respect of the social business concept
• Extensive supervision/mentoring of the executives to master the social challenges of certain employees
and teams
• Recruiting processes of employees (with placement obstacles) shall not be influenced by
“recommendations” of employment agencies or other job centres
• Notice of termination and appropriate outplacement is to be considered as an option right form the start
of an employment and organized if necessary. Social business requires consequences to be fair but
swift alike.
18. Social Challenges
Perspectives
• Professional education and training of the executives is part of the requirements of social business
• Employees and managers receive support via external and internal coaching and internal social
assistance
• Employment-mix of professionals (without placement obstacles) and semi-professionals or untrained
employees (with placement obstacles) shall not exceed 50:50
• Objective is to meet the predefined quarterly results and noncompliance need to entail consequences
in order not to risk impairment of the social business model.
• Establish impact measurement
19. Economic Challenges
Basics
• Return on Equity (ROE) of max 3.5% – potentially exceeding profits are used to establish new projects
• Max. 3 years of start-up phase – break-even point must be achieved by then (including preproduction
costs)
• Make use of possible tax benefits, provided charitable(value-added tax, corporate income tax,
municipal tax…)
• Utilization of alternative methods of financing (crowd funding, economic promotion programs, social
investment funds, social impact bonds …)
• Involvement of industry insiders welcome
• Internal services (catering, cleaning) organized as social business as well
20. Economic Challenges
Lessons learned I
• For investments by alternative investment funds, (social) business angels, venture capitalists and industry
insiders the limited return of 3.5% is unsatisfactory – discussions start at 6%
• Charitable corporations are not eligible (at least so far) to receive start-up financing from the business
agency as they don’t meet the current criteria.
• Don’t bite off more than you can chew (too many business segments, projects, contradicting objectives, too
diverse target groups etc.) – if necessary, the creation of new corporate entity is advisable
• Potential partners (Investors, banks, public sector) are reluctant to expose themselves to the stat-up risks
• Crowd funding is a learned trade – benefit from well established systems
21. Economic Challenges
Lessons learned II
• Taking over enterprises and operations from previous owners into a legal entity for social business
sparks fierce resistance from employee representatives
• Lots of convincing is necessary to communicate the advantages of social business
• Labour-intensive industries (gastronomy, cleaning) often benefit from exploiting or even circumventing
relevant obligations stipulated in (collective) contracts or legal standards– such practices violate the
core-principles of Caritas, leading to higher labour costs compared to the industry benchmark
• Advantages due to non-distribution of profits don’t cover the additional cots of reduced performance &
training requirements of employees
22. Economic Challengens
Perspectives
• If the core business is charitable from both legal and tax perspective, the potential advantage shall be
utilized
• Outsourcing additionalcosts of social busines ( trainings, qualifications, team supervisions, job
coaching, social work,…) to an entity that is not market financed (e.g. foundations, state programs) =>
magdas ACADEMY
• Cost management as good as it gets
• Social Franchising?
23. magdas_ACADEMY
• Additional demand driven
trainings/HR development
• Goal:
– optimal and sustainable inclusion
of people with low job chances in
working life
– development of special-,
communication- and social skills
– job-related training
– tailor-made support of people
under consideration of their
respective needs and personal
challenges