This document discusses social innovation and provides guidelines for marketers. It defines social innovation as "a sustainable and profitable way of solving existing systemic challenges or needs in ways that benefit the public or society, regardless of their social class." The document discusses case studies of social innovation, emphasizing the importance of understanding culture and communities. It argues that marketers need to move beyond traditional siloed approaches and take a broader worldview to create meaningful social change through their work.
Social entrepreneurship involves establishing businesses to achieve social change. Social enterprises are private businesses created by entrepreneurs to provide social, financial, or community benefits, rather than solely focusing on profit. Key characteristics of social entrepreneurs include developing solutions to social problems, measuring outcomes and impact rather than just outputs, establishing repeatable change models, practicing inclusion by collaborating with others, leveraging existing assets in creative ways, and thinking long-term to create sustainable and scalable solutions.
SOCIAL ENTREPRENEURSHIP& ITS IMPACT ON SOCIETYAkash M
This document discusses social entrepreneurship and its impacts on society. It defines social entrepreneurship as using business principles to address social, cultural, or environmental issues. Social entrepreneurs aim to promote social and environmental goals rather than being profit-centered. The document outlines the characteristics and types of social entrepreneurship, as well as its importance and impacts. It discusses how social entrepreneurship creates employment, improves health and well-being, empowers women, and supports other social causes. The document also examines the growing support system and some challenges for social entrepreneurship in India.
The document discusses several strategies for effective marketing in rural areas of India. First, it notes that villagers welcome outsiders and establishing goodwill with local governing bodies called panchayats is important. It recommends providing social services like health checkups and medicines to earn trust and build brand awareness. Creating jobs and skills training can increase purchasing power. Maintaining proper distribution channels and packaging products affordably can also help reach rural customers. Studying rural needs carefully and planning accordingly can help companies profit while satisfying customers.
This document discusses different types of social ventures and business structures for social enterprises. It describes for-profit corporations, non-profits, charities, partnerships, sole proprietorships, and cooperatives. It also addresses business models for social enterprises, including how they create, deliver and capture value. The document provides an overview of the development process for social enterprises, including opportunity review, business planning, and project status reviews. It concludes with references on social enterprise financing and legal structures.
The document discusses entrepreneurship and social entrepreneurship. It notes that there is a large gap between the youth population and available jobs in India that must be filled through entrepreneurship. Social entrepreneurship addresses social and environmental issues to create lasting change. Examples of successful social ventures provided include Grameen Bank, which provides loans to rural poor in Bangladesh, Jaipur Foot which provides affordable prosthetics, and Arvind Eye Care Clinic which provides free surgeries to the poor.
NEED, IMPORTANCE, OPPORTUNITIES, TYPES AND CHALLENGES OF SOCIAL ENTREPRENEURSHIP; GOVERNMENT SCHEMES AND PLANS; FOREIGN COLLABORATION; CASE STUDY ON SEWA.
An introduction to social entrepreneurshipRaf Vlummens
The document provides an introduction to social entrepreneurship. It defines social entrepreneurship as organizations that trade for social purposes and use any profits to further social objectives. Social enterprises have up to four bottom lines including social, environmental, economic, and financial impacts. The document discusses how social entrepreneurship addresses unmet social needs and is motivated by social benefit. It also presents examples of social enterprises like Grameen Danone Foods, a joint venture creating jobs and improving nutrition in Bangladesh. In conclusion, the document notes both challenges like acquiring money and demonstrating effectiveness, and opportunities like demographic shifts and increased social spending that social entrepreneurship may face in the future.
Social entrepreneurship involves establishing businesses to achieve social change. Social enterprises are private businesses created by entrepreneurs to provide social, financial, or community benefits, rather than solely focusing on profit. Key characteristics of social entrepreneurs include developing solutions to social problems, measuring outcomes and impact rather than just outputs, establishing repeatable change models, practicing inclusion by collaborating with others, leveraging existing assets in creative ways, and thinking long-term to create sustainable and scalable solutions.
SOCIAL ENTREPRENEURSHIP& ITS IMPACT ON SOCIETYAkash M
This document discusses social entrepreneurship and its impacts on society. It defines social entrepreneurship as using business principles to address social, cultural, or environmental issues. Social entrepreneurs aim to promote social and environmental goals rather than being profit-centered. The document outlines the characteristics and types of social entrepreneurship, as well as its importance and impacts. It discusses how social entrepreneurship creates employment, improves health and well-being, empowers women, and supports other social causes. The document also examines the growing support system and some challenges for social entrepreneurship in India.
The document discusses several strategies for effective marketing in rural areas of India. First, it notes that villagers welcome outsiders and establishing goodwill with local governing bodies called panchayats is important. It recommends providing social services like health checkups and medicines to earn trust and build brand awareness. Creating jobs and skills training can increase purchasing power. Maintaining proper distribution channels and packaging products affordably can also help reach rural customers. Studying rural needs carefully and planning accordingly can help companies profit while satisfying customers.
This document discusses different types of social ventures and business structures for social enterprises. It describes for-profit corporations, non-profits, charities, partnerships, sole proprietorships, and cooperatives. It also addresses business models for social enterprises, including how they create, deliver and capture value. The document provides an overview of the development process for social enterprises, including opportunity review, business planning, and project status reviews. It concludes with references on social enterprise financing and legal structures.
The document discusses entrepreneurship and social entrepreneurship. It notes that there is a large gap between the youth population and available jobs in India that must be filled through entrepreneurship. Social entrepreneurship addresses social and environmental issues to create lasting change. Examples of successful social ventures provided include Grameen Bank, which provides loans to rural poor in Bangladesh, Jaipur Foot which provides affordable prosthetics, and Arvind Eye Care Clinic which provides free surgeries to the poor.
NEED, IMPORTANCE, OPPORTUNITIES, TYPES AND CHALLENGES OF SOCIAL ENTREPRENEURSHIP; GOVERNMENT SCHEMES AND PLANS; FOREIGN COLLABORATION; CASE STUDY ON SEWA.
An introduction to social entrepreneurshipRaf Vlummens
The document provides an introduction to social entrepreneurship. It defines social entrepreneurship as organizations that trade for social purposes and use any profits to further social objectives. Social enterprises have up to four bottom lines including social, environmental, economic, and financial impacts. The document discusses how social entrepreneurship addresses unmet social needs and is motivated by social benefit. It also presents examples of social enterprises like Grameen Danone Foods, a joint venture creating jobs and improving nutrition in Bangladesh. In conclusion, the document notes both challenges like acquiring money and demonstrating effectiveness, and opportunities like demographic shifts and increased social spending that social entrepreneurship may face in the future.
This document provides an introduction to social entrepreneurship. It discusses how social entrepreneurship differs from traditional entrepreneurship in its motivations, innovations, resourcefulness, and risk-taking, with a focus on addressing social problems and creating social value. Social entrepreneurship combines business goals and strategies with a social mission. It aims to be sustainable and create both social returns through positive social change and financial returns through earned income. While social enterprises can take various legal forms, their shared goal is to achieve blended value through business solutions that also benefit society.
Social entrepreneurship uses business techniques to develop and implement solutions to social, cultural, and environmental issues. While a relatively new term, social entrepreneurship has existed throughout history. Some key aspects include focusing on improving economic well-being, ensuring access to healthcare, addressing issues sustainably, and fostering equity. Social entrepreneurs are mission-driven and tackle major social problems innovatively with limited resources. Effective governance, including an expert board, is important for social entrepreneurs to balance financial and social responsibilities while achieving their mission over the long term.
Social entrepreneurship is new phenomenon in Bangladesh and the world as well. It is essential to economic development for third world country like Bangladesh. Social enterprise is a growing and dynamic sector of the Bangladesh economy. Now its play a vital role to poverty reduction, empowering women and increasing per capita income.
Social entrepreneurship aims to improve societal welfare through market-based strategies. In India, social entrepreneurship is growing, with entrepreneurs addressing issues in health, energy, and other sectors. However, social entrepreneurs in India face challenges including a lack of financing sources, proper regulations, and information systems. It is important for organizations to support further development of social entrepreneurship in India.
Most Prominent Women Leaders, 2019 | Avid Women LeadersCIO Look Magazine
CIOLook features Most Prominent Women Leaders, 2019, some of exceptional women leaders who have strived & further thrived in achieving many milestones.
Catalyzing Innovation and Social Change through Social EntrepreneurshipEdward Erasmus
Slides of my presentation as guest speaker during the event at the University of Aruba titled: "The role of the University of Aruba in Creating Social Value and Social Responsibility. Volunteer Work in the Galapagos Islands."
Social entrepreneurship is an emerging concept in Nepal that aims to solve social problems through innovative business solutions. Several organizations have emerged that exemplify social entrepreneurship, such as Maiti Nepal which works to prevent human trafficking, and the Nepal Ambulance Service which provides free ambulance services. While social entrepreneurship is gaining momentum in Nepal, it still faces challenges such as limited funding options and difficulties measuring its social impact.
This document discusses social enterprises and their importance in achieving sustainable development goals. It notes that social enterprises provide both social and economic benefits to communities by addressing issues like job creation and access to services. However, social enterprises face challenges in obtaining financing from traditional sources that prefer conventional business models. The document argues that governments and organizations should support social enterprises through public procurement, incentives, and by showcasing their success stories to encourage social investment.
Corporate social responsibility (CSR) refers to a company's responsibility to consider the interests of its stakeholders, including consumers, employees, investors, communities, and the environment. Stakeholders exert direct or indirect influence over the company and are also impacted by its actions. CSR aims to address major challenges companies face, such as economic, social, and environmental issues, by creating a culture of "doing good" and "being right" to gain stakeholders' trust. Implementing CSR can help companies manage risks, recruit employees, gain government support, and reduce costs - ultimately leading to long-term business success.
Corporate social responsibility (CSR) involves companies taking responsibility for their impact on society beyond short-term profits. CSR addresses stakeholders' interests, including employees, customers, communities, the environment, and shareholders. By adopting CSR, companies can build trust with stakeholders, attract customers and employees who value ethics, manage risks to the company's reputation, and gain government support. CSR has become necessary for companies to operate sustainably in today's competitive environment.
The document summarizes the results of the 2015 Summerland Business Walk conducted by the Summerland Chamber of Commerce and District of Summerland. 115 local businesses participated through in-person interviews and an online survey. Most businesses reported their business as good or steady. When asked what they like about doing business in Summerland, businesses cited the beautiful location and strong sense of community. Common themes emerged around what could help businesses thrive, including downtown revitalization, business and community growth, and improving city infrastructure. Over 10% of businesses plan to retire or sell within 5 years but half do not have a succession plan. The report aims to identify issues facing businesses and strengthen relationships between local government and the business community.
Most inspiring business leaders making difference 2020CIO Look Magazine
Most Inspiring Business Leaders Making a Difference, 2020’, CIO Look tries to portray some of best business leaders in order create a glimpse of inspiration
The Center for An Urban Future has released a new report titled, "Small Business Success." The report is a blueprint for turning more of New York City's small businesses into medium-sized and large businesses. The centerpiece of the report is a series of 21 profiles of New York City-based small businesses that have managed to grow in recent years.
This document provides an outline and overview of social entrepreneurship, particularly as it relates to rural development. It defines social entrepreneurship as recognizing opportunities to create social value. Key points include:
- Social entrepreneurship addresses market failures by developing innovative and financially sustainable solutions to social problems.
- Common areas for social enterprises include environmental, food/agriculture, housing, health, information, financial services, and manufacturing sectors.
- Historical examples of influential social entrepreneurs highlighted include Bill Drayton (Ashoka), Dr. Varghese Kurien (Operation Flood), and Muhammad Yunus (Grameen Bank).
- Social entrepreneurship in agriculture can focus on technology, market-oriented
#AllKlassic - Marketing Trends In Social Entrepreneurship (Summary)
According to Forbes, Millennials will soon be the largest segment in the US labor market. However, many of us are opting for social entrepreneurship to satisfy that sense of “meaningful labor.” How will this drive a paradigm shift in the hiring procedures of corporate America? Is this replacing Corporate Responsibility efforts?
In my presentation deck, I cover the marketing strategies of brands, startups and individuals who are developing solutions to 10 of the world’s most pressing issues: Transportation, Public Safety, Homelessness, Sustainability, Education, Food & Health, Disability, Energy, Inequality, & Income.
You will be given a bird’s eye view of a relevant culture shift of new innovations that are capturing the imagination of a world empowered voice their frustrations with scalable business models.
Social entrepreneurs go mainstreamNever let a crisis go to was.docxjensgosney
Social entrepreneurs go mainstream
Never let a crisis go to waste. Social entrepreneurs take this economic upheaval to be a blessing, providing a chance for business to transition from an anonymous, complex system to one that is direct and transparent.
Andrew Tolve | March 2009 issue
Oxford’s Saïd Business School student Claire Williams co-founded Hope Runs in Kenya to use running to empower AIDS orphans. Social entrepreneurship is “about creating sustainable businesses that work for the benefit of both the social good and the bottom line,” she says.
Photo: J. Carrier
In the wake of the 2008 financial flameout, most business people are, to put it mildly, downbeat. Banks aren't lending, consumers aren't spending and the prospects for the rest of the year seem grim. All of which makes social entrepreneurs, well, intensely—even passionately—optimistic.
"This is a slam dunk," says Willy Foote, the founder of Root Capital, which provides loans to rural businesses in Latin America, Africa and Asia. "The Wall Street meltdown provides a chance to think about how we transition from a financial system that is complex, opaque and anonymous to one that is direct and transparent."
The world seems ready for such a change. In the middle of one of the farthest-reaching financial collapses in history, U.S. President Barack Obama came into office faced with the challenge of delivering on his promise of change. People are tired of business as usual. The exasperation is palpable, but so is the hope that this time, we can and will do things differently. Social entrepreneurs have always believed this, and for many, it's their moment to shine.
"In a world where change is escalating exponentially, the only way we'll make it is if everyone has the mindset of a social entrepreneur," says Bill Drayton, a pioneer in the field and founder ofAshoka, which sponsors international leaders in philanthropic business. "The current upheaval is a great opportunity to flip the switch. We need to make everyone a change-maker."
That will require a lot of change. According to Kevin Lynch and Julius Walls, Jr., authors of Mission Inc.: The Practitioner's Guide to Social Enterprise (see excerpt on following page), "A social enterprise is a business whose purpose is to change the world for the common good." That's a tall order, but those at the vanguard of the movement are well placed to make it happen.
The field is "a response to the failure of both business and government to deliver on their promise to society," says Lance Henderson, vice-president of programs and impact at the Skoll Foundation, which, like Ashoka, nurtures transformation around the world. "Social entrepreneurs are very good at innovation and integrating sustainability into society."
Consider reading glasses. People start to lose their eyesight around age 40. In the North, we fix the problem easily at the local drugstore. But in the South, where glasses are far more difficult to find or afford, the problem is.
Module 2 becoming an entrepreneur class note 1AroobaIrfan
The document provides information about the Brands and Communities program which aims to help local entrepreneurs establish sustainable businesses that solve social, cultural, or environmental issues in their communities. It details the program's training courses which cover topics like entrepreneurship, business formation, and marketing. The program matches entrepreneurs with established global businesses and provides support until the entrepreneurs launch similar businesses in their local communities. The goal is for entrepreneurs to partner with successful companies and establish long-lasting businesses locally.
This document summarizes a paper presented at the Sustainable Brands Conference in 2012 by Gwen Morrison and Anneliza Humlen. The paper discusses how pursuing social responsibility can inspire and sustain retail growth. It provides examples of retailers that have been guided by a commitment to social purpose over profit alone. These retailers have not only survived economic downturns but have thrived. The paper argues that emotional commitment to positive social change can fuel innovation and success in retail. It highlights examples like Panera's "Panera Cares" initiative and Pick n Pay's efforts to source locally and empower communities in developing markets.
This document provides an introduction to social entrepreneurship. It discusses how social entrepreneurship differs from traditional entrepreneurship in its motivations, innovations, resourcefulness, and risk-taking, with a focus on addressing social problems and creating social value. Social entrepreneurship combines business goals and strategies with a social mission. It aims to be sustainable and create both social returns through positive social change and financial returns through earned income. While social enterprises can take various legal forms, their shared goal is to achieve blended value through business solutions that also benefit society.
Social entrepreneurship uses business techniques to develop and implement solutions to social, cultural, and environmental issues. While a relatively new term, social entrepreneurship has existed throughout history. Some key aspects include focusing on improving economic well-being, ensuring access to healthcare, addressing issues sustainably, and fostering equity. Social entrepreneurs are mission-driven and tackle major social problems innovatively with limited resources. Effective governance, including an expert board, is important for social entrepreneurs to balance financial and social responsibilities while achieving their mission over the long term.
Social entrepreneurship is new phenomenon in Bangladesh and the world as well. It is essential to economic development for third world country like Bangladesh. Social enterprise is a growing and dynamic sector of the Bangladesh economy. Now its play a vital role to poverty reduction, empowering women and increasing per capita income.
Social entrepreneurship aims to improve societal welfare through market-based strategies. In India, social entrepreneurship is growing, with entrepreneurs addressing issues in health, energy, and other sectors. However, social entrepreneurs in India face challenges including a lack of financing sources, proper regulations, and information systems. It is important for organizations to support further development of social entrepreneurship in India.
Most Prominent Women Leaders, 2019 | Avid Women LeadersCIO Look Magazine
CIOLook features Most Prominent Women Leaders, 2019, some of exceptional women leaders who have strived & further thrived in achieving many milestones.
Catalyzing Innovation and Social Change through Social EntrepreneurshipEdward Erasmus
Slides of my presentation as guest speaker during the event at the University of Aruba titled: "The role of the University of Aruba in Creating Social Value and Social Responsibility. Volunteer Work in the Galapagos Islands."
Social entrepreneurship is an emerging concept in Nepal that aims to solve social problems through innovative business solutions. Several organizations have emerged that exemplify social entrepreneurship, such as Maiti Nepal which works to prevent human trafficking, and the Nepal Ambulance Service which provides free ambulance services. While social entrepreneurship is gaining momentum in Nepal, it still faces challenges such as limited funding options and difficulties measuring its social impact.
This document discusses social enterprises and their importance in achieving sustainable development goals. It notes that social enterprises provide both social and economic benefits to communities by addressing issues like job creation and access to services. However, social enterprises face challenges in obtaining financing from traditional sources that prefer conventional business models. The document argues that governments and organizations should support social enterprises through public procurement, incentives, and by showcasing their success stories to encourage social investment.
Corporate social responsibility (CSR) refers to a company's responsibility to consider the interests of its stakeholders, including consumers, employees, investors, communities, and the environment. Stakeholders exert direct or indirect influence over the company and are also impacted by its actions. CSR aims to address major challenges companies face, such as economic, social, and environmental issues, by creating a culture of "doing good" and "being right" to gain stakeholders' trust. Implementing CSR can help companies manage risks, recruit employees, gain government support, and reduce costs - ultimately leading to long-term business success.
Corporate social responsibility (CSR) involves companies taking responsibility for their impact on society beyond short-term profits. CSR addresses stakeholders' interests, including employees, customers, communities, the environment, and shareholders. By adopting CSR, companies can build trust with stakeholders, attract customers and employees who value ethics, manage risks to the company's reputation, and gain government support. CSR has become necessary for companies to operate sustainably in today's competitive environment.
The document summarizes the results of the 2015 Summerland Business Walk conducted by the Summerland Chamber of Commerce and District of Summerland. 115 local businesses participated through in-person interviews and an online survey. Most businesses reported their business as good or steady. When asked what they like about doing business in Summerland, businesses cited the beautiful location and strong sense of community. Common themes emerged around what could help businesses thrive, including downtown revitalization, business and community growth, and improving city infrastructure. Over 10% of businesses plan to retire or sell within 5 years but half do not have a succession plan. The report aims to identify issues facing businesses and strengthen relationships between local government and the business community.
Most inspiring business leaders making difference 2020CIO Look Magazine
Most Inspiring Business Leaders Making a Difference, 2020’, CIO Look tries to portray some of best business leaders in order create a glimpse of inspiration
The Center for An Urban Future has released a new report titled, "Small Business Success." The report is a blueprint for turning more of New York City's small businesses into medium-sized and large businesses. The centerpiece of the report is a series of 21 profiles of New York City-based small businesses that have managed to grow in recent years.
This document provides an outline and overview of social entrepreneurship, particularly as it relates to rural development. It defines social entrepreneurship as recognizing opportunities to create social value. Key points include:
- Social entrepreneurship addresses market failures by developing innovative and financially sustainable solutions to social problems.
- Common areas for social enterprises include environmental, food/agriculture, housing, health, information, financial services, and manufacturing sectors.
- Historical examples of influential social entrepreneurs highlighted include Bill Drayton (Ashoka), Dr. Varghese Kurien (Operation Flood), and Muhammad Yunus (Grameen Bank).
- Social entrepreneurship in agriculture can focus on technology, market-oriented
#AllKlassic - Marketing Trends In Social Entrepreneurship (Summary)
According to Forbes, Millennials will soon be the largest segment in the US labor market. However, many of us are opting for social entrepreneurship to satisfy that sense of “meaningful labor.” How will this drive a paradigm shift in the hiring procedures of corporate America? Is this replacing Corporate Responsibility efforts?
In my presentation deck, I cover the marketing strategies of brands, startups and individuals who are developing solutions to 10 of the world’s most pressing issues: Transportation, Public Safety, Homelessness, Sustainability, Education, Food & Health, Disability, Energy, Inequality, & Income.
You will be given a bird’s eye view of a relevant culture shift of new innovations that are capturing the imagination of a world empowered voice their frustrations with scalable business models.
Social entrepreneurs go mainstreamNever let a crisis go to was.docxjensgosney
Social entrepreneurs go mainstream
Never let a crisis go to waste. Social entrepreneurs take this economic upheaval to be a blessing, providing a chance for business to transition from an anonymous, complex system to one that is direct and transparent.
Andrew Tolve | March 2009 issue
Oxford’s Saïd Business School student Claire Williams co-founded Hope Runs in Kenya to use running to empower AIDS orphans. Social entrepreneurship is “about creating sustainable businesses that work for the benefit of both the social good and the bottom line,” she says.
Photo: J. Carrier
In the wake of the 2008 financial flameout, most business people are, to put it mildly, downbeat. Banks aren't lending, consumers aren't spending and the prospects for the rest of the year seem grim. All of which makes social entrepreneurs, well, intensely—even passionately—optimistic.
"This is a slam dunk," says Willy Foote, the founder of Root Capital, which provides loans to rural businesses in Latin America, Africa and Asia. "The Wall Street meltdown provides a chance to think about how we transition from a financial system that is complex, opaque and anonymous to one that is direct and transparent."
The world seems ready for such a change. In the middle of one of the farthest-reaching financial collapses in history, U.S. President Barack Obama came into office faced with the challenge of delivering on his promise of change. People are tired of business as usual. The exasperation is palpable, but so is the hope that this time, we can and will do things differently. Social entrepreneurs have always believed this, and for many, it's their moment to shine.
"In a world where change is escalating exponentially, the only way we'll make it is if everyone has the mindset of a social entrepreneur," says Bill Drayton, a pioneer in the field and founder ofAshoka, which sponsors international leaders in philanthropic business. "The current upheaval is a great opportunity to flip the switch. We need to make everyone a change-maker."
That will require a lot of change. According to Kevin Lynch and Julius Walls, Jr., authors of Mission Inc.: The Practitioner's Guide to Social Enterprise (see excerpt on following page), "A social enterprise is a business whose purpose is to change the world for the common good." That's a tall order, but those at the vanguard of the movement are well placed to make it happen.
The field is "a response to the failure of both business and government to deliver on their promise to society," says Lance Henderson, vice-president of programs and impact at the Skoll Foundation, which, like Ashoka, nurtures transformation around the world. "Social entrepreneurs are very good at innovation and integrating sustainability into society."
Consider reading glasses. People start to lose their eyesight around age 40. In the North, we fix the problem easily at the local drugstore. But in the South, where glasses are far more difficult to find or afford, the problem is.
Module 2 becoming an entrepreneur class note 1AroobaIrfan
The document provides information about the Brands and Communities program which aims to help local entrepreneurs establish sustainable businesses that solve social, cultural, or environmental issues in their communities. It details the program's training courses which cover topics like entrepreneurship, business formation, and marketing. The program matches entrepreneurs with established global businesses and provides support until the entrepreneurs launch similar businesses in their local communities. The goal is for entrepreneurs to partner with successful companies and establish long-lasting businesses locally.
This document summarizes a paper presented at the Sustainable Brands Conference in 2012 by Gwen Morrison and Anneliza Humlen. The paper discusses how pursuing social responsibility can inspire and sustain retail growth. It provides examples of retailers that have been guided by a commitment to social purpose over profit alone. These retailers have not only survived economic downturns but have thrived. The paper argues that emotional commitment to positive social change can fuel innovation and success in retail. It highlights examples like Panera's "Panera Cares" initiative and Pick n Pay's efforts to source locally and empower communities in developing markets.
Navigating Downturn Alley - The PRactice May 2016 issueThe PRactice
The startup environment in India is still positive but there are some signs of trouble in this ‘paradise’. Our 4th Viewpoint Roundtable – Navigating Downturn Alley – was aimed at highlighting ways in which startups can build greater brand relevance in good times in order to make it through the not-so-good ones. But is all this talk of a recession and systemic issues in the startup ecosystem overblown? One of our guest writers explains why she thinks so. We also explore the links between CSR, charity and business cycles through past recessionary data and a conversation with the Bangalore head of a charitable trust.
The triple bottom line consists of financial profit (or success), social justice, and environmental protection. It is sometimes summarized as “Profits, People, and Planet.” An intimately related concept is “sustainability”---corporations that are built to last, societies that are stable and just, and a global natural environment that is in a healthy equilibrium. The basic argument is that we live in a time when a narrow, short-term focus on the financial bottom line alone will generate dysfunctions among people and in the environment that will come back to bite the corporation.
Sustainability and the “3BL” are, instead, about mutual benefits flowing in all three directions. The challenge is to find the sustainability “sweet spot” (think golf) where all three interests coincide. Example: Toyota’s Prius low-fuel hybrid benefits the environment, the people who build or buy them, and the owners of the company. Certainly there will be trade-offs; 3BL choices and strategies will require negotiation and compromise. But this is now an economic reality, not just an altruistic dream
It could be argued that what’s new here is just a strong case that financially successful companies must think more broadly and holistically and be sure to take into account all their stakeholder interests, including the environment and society. But it is still the financial bottom line driving the business.
Business ethics is a huge canvas, bigger than sustainability, CSR, corporate governance, or the 3BL. Business ethics is about doing the right thing and building good organizations. Business ethics and values grow out of purposes, missions, and visions and are organically intertwined with corporate cultures. There are more than three bottom lines---there are bottom lines related to every stakeholder. Business ethics doesn’t just ask how to keep three of those stakeholders (owners, environment, society) going and make them last (sustain them) but about what is right and fair and just, about what would constitute excellence and success.
This document provides details about a term paper on social business in Dhaka, Bangladesh. It includes an introduction, objectives, definitions of social business, descriptions of 10 example social businesses operating in Bangladesh, frequently asked questions, and a conclusion. The paper was prepared by 8 students for their course instructor at Southeast University. It analyzes lessons learned from social businesses tackling various social problems through partnerships between local organizations and multinational companies.
This document discusses how corporations can create shared value by addressing social problems through their business operations. It argues that achieving shared value requires significant shifts in how companies do business, including having a top-down strategy and leadership commitment to integrating social impact into the core business model. The document outlines forces driving more companies to adopt shared value approaches, such as expanding into developing markets, addressing environmental and social issues, and meeting increasing stakeholder expectations for corporate social responsibility.
The global Islamic finance industry can take a leaf out of consumer marketing and utilize that knowledge to develop business strategies that are people centric in order to achieve organic growth.
This training about social entrepreneurship is aimed at business support organisations, sectoral agencies and public authorities which would like to know how they can be better support social entrepreneurship in their region.
Social enterprises use business approaches to create social value by addressing social issues. They have a social purpose, use entrepreneurial methods, and are owned by the public. Social enterprises can be nonprofits or separate legal entities. They blend social and economic goals to be sustainable while achieving their social mission. Common models include cooperatives, community development organizations, and social firms that provide jobs.
This document provides guidance for students who want to get involved with social business. It outlines several steps students can take, including becoming informed about social business by reading materials, spreading awareness of social business on campus by organizing events, lobbying university faculty to include social business in courses, and starting their own social business. The overall aim is to provide ideas for how students can help foster the global social business movement and make a positive impact.
Ahead of the marcus evans Private Wealth Management Summit 2020, John Molina discusses sectors that can provide investors socially valuable assets without compromising their ROI
Management of the Triple Bottomline in High Technology CompaniesMaurice Gonzales, MTM
This document summarizes the key aspects of managing a company's triple bottom line. It begins by defining the triple bottom line as encouraging companies to be environmentally conscious and integrate corporate social responsibility. It then discusses the economic, competitive, political/regulatory, socio-cultural, technological, and natural resource domains of the bottom line. The document also outlines the people, profit, and planet components of a triple bottom line and provides an example of Cropital, a social enterprise that connects farmers to financing. It discusses models of corporate social responsibility and highlights addressing the needs of underserved populations. The document concludes by discussing best practices for implementing CSR and the role of technology companies in addressing climate change.
The document discusses how the COVID-19 pandemic highlighted that individuals have unique experiences and needs. Search trends in 2020 showed people increasingly valued their individual perspectives and priorities, even if outside social norms. The pandemic also increased interest in confronting social stigmas discreetly and considering others' needs. The summary emphasizes that brands need to acknowledge each consumer's individual journey to create meaningful connections in this environment.
A significant force for societal improvement is now social entrepreneurship. In this blog post, we'll examine the idea of social entrepreneurship and examine its definition, applications, types, and—most importantly—its importance in generating substantive impact. Social entrepreneurs are changing industries and tackling urgent social and environmental issues by fusing business savvy with a social mission. So let's set out on a quest to learn more about social entrepreneurship and its potential to make the world a better place for everyone.
social entrepreneurship
Learning about social entrepreneurship
What is social entrepreneurship?
a description of social entrepreneurship and its unique qualities.
The dual emphasis on profit-making and social/environmental impact should be emphasized.
Examples of Social Entrepreneurship:
Describe well-known social entrepreneurs and their profitable businesses.
Investigate case studies on organizations like TOMS Shoes, Grameen Bank, and Ashoka.
Types of Social Entrepreneurship
Non-profit Social Entrepreneurship
Look into charitable organizations that use business methods to solve social problems.
Discuss impact measurement, grants, and fundraising in the context of non-profits.
For-profit Social Entrepreneurship
Analyze companies that place emphasis on both profitability and social and environmental impact.
Discuss the triple bottom line concept, blended value creation, and impact investing.
Hybrid Social Entrepreneurship:
Investigate businesses that combine for-profit and nonprofit components.
Emphasize the advantages and difficulties of hybrid models.
The Importance of Social Entrepreneurship
Taking on Social and Environmental Issues
Examine how social entrepreneurship can be used to address issues such as poverty, inequality, educational disparities, environmental sustainability, and more.
Discuss the possibility of systemic change and scalable solutions.
Fostering Inclusive Growth and Empowerment
Analyze the ways in which social entrepreneurship can benefit underserved communities and open doors for them.
Describe the techniques used to evaluate and measure social impact.
Promoting Innovation and Collaboration
Emphasize the unique perspectives and interdisciplinary alliances that social entrepreneurs bring to the table.
Discuss the possibility of cross-sector partnerships and knowledge exchange.
Read more
Building Efficient and Sustainable Societies
Examine the role that social entrepreneurship plays in achieving the Sustainable Development Goals (SDGs) of the United Nations.
Discuss the role of policy support and ecosystem development.
Conclusion
As a result of its innovative business models for addressing complex social and environmental issues, social entrepreneurship has emerged as a catalyst for radical change. Social entrepreneurs are redefining success and establishing a society in which making a profit and having a positive impact coexist. Social entrepreneurship has the potential to create a fu
Use customer intimacy to drive competitive advantage.
Learn how to:
** Move from a product-focused, to a customer-focused strategy – understand individuals as well as markets, and focus on relationships as well as transactions.
** Personalized interaction – identify and utilize your customers’ passion points in order to connect with them on a more meaningful and personalized basis.
** The right channel for the right audience – ensure you are reaching the customer in their domain, wherever that may be
This document summarizes a paper presented at the International Conference on Challenges for Industrial Survival & Growth in Indian & Global Perspective. The paper discusses the relationship between marketing innovations and ethics, arguing that they can be inversely related. It covers topics such as defining marketing and innovation, diffusion of innovations, marketing innovations, ethical marketing, emerging ethical issues faced by businesses, and the social responsibility of businesses. The conclusion is that today's challenge for marketers is to achieve goals by integrating marketing innovation to build trust with customers, consumers, and society.
Can islamic finance show its economic and societal value?Joy Abdullah
This article aims to highlight the need to strategically re-focus the purpose of Islamic finance by highlighting the economic and social benefits.
The article is on Page 6-7.
Similar to Yellowwood Social Innovation White_Paper_2016_[1] (20)
2. October 2016
Social
Innovation:
Gearing
business
to address
social
systemic
challengesThis report was compiled by Nokuthula Radebe,
Yellowwood’s Marketing Manager and David Blyth,
CEO, Yellowwood.
Written by Jessica Hubbard, Independent Writer
and Journalist.
Special thanks to Refilwe Maluleke - Strategy
Director, Yellowwood, Rhiannon Rees - Strategist,
Yellowwood and Gabriella Venter - Insights Analyst,
Yellowwood for their contributions.
Thanks to Leoni Joubert for the beautiful design
of this booklet and to Mlondi Zwane for the
excellent photography.
Contents
1. Introduction:
How can SA brands, tackling
a slowing economy, become
more relevant in a complex
marketplace?
2. Defining Social Innovation:
The Yellowwood way
3. Ditch the silos:
Take a broader worldview
4. Invest in culturally led solutions
to make an impact
5. Move beyond GDP and focus on
Social Progress
6. Innovate from the heart:
How true understanding leads to
meaningful change in business
7. Tackling youth unemployment
through smarter business
and entrepreneurship
8. Case studies on Social Innovation
All Safe
Rekindle Learning
9. Assessing the real impact of
business work streams in society
10. Paving the way for policy
disruption within global trade
11. Driving profit and positive change
in communities
12. Leveraging the right tools and
information to lead with vision
13. Guidelines for marketers
to start forming targeted
Social Innovation strategies
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