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Powering Social Enterprise with Profit and Purpose

Powering Social Enterprise with Profit and Purpose PDF Author: Scott Boyer
Publisher: Taylor & Francis
ISBN: 1000838978
Category : Business & Economics
Languages : en
Pages : 171

Book Description
Trail-blazing social entrepreneurs are tackling the world’s most pressing problems that government, business, or charity have failed to solve. They are creating businesses with a primary mission of social change. Scott Boyer is one such social entrepreneur. This 28-year veteran of Big Pharma left a six-figure salary to start OWP Pharmaceuticals and the ROW Foundation. This commercial business and non-profit organization exist in a symbiotic relationship we call a "tandem hybrid social enterprise." This model combines a multimillion dollar business with a foundation that’s on track to become the largest funder of projects serving people with epilepsy and associated psychiatric disorders in the world. The tandem hybrid incorporates the principles learned by Scott and others for building a truly unique social enterprise from the ground up; one that is: Driven by a compelling social mission Financed by commercial success Structured to retain control Scalable and sustainable for the long haul Powering Social Enterprises With Profit And Purpose offers a detailed blueprint that has proven commercially and philanthropically successful and that can be replicated in most business sectors.

Powering Social Enterprise with Profit and Purpose

Powering Social Enterprise with Profit and Purpose PDF Author: Scott Boyer
Publisher: Taylor & Francis
ISBN: 1000838978
Category : Business & Economics
Languages : en
Pages : 171

Book Description
Trail-blazing social entrepreneurs are tackling the world’s most pressing problems that government, business, or charity have failed to solve. They are creating businesses with a primary mission of social change. Scott Boyer is one such social entrepreneur. This 28-year veteran of Big Pharma left a six-figure salary to start OWP Pharmaceuticals and the ROW Foundation. This commercial business and non-profit organization exist in a symbiotic relationship we call a "tandem hybrid social enterprise." This model combines a multimillion dollar business with a foundation that’s on track to become the largest funder of projects serving people with epilepsy and associated psychiatric disorders in the world. The tandem hybrid incorporates the principles learned by Scott and others for building a truly unique social enterprise from the ground up; one that is: Driven by a compelling social mission Financed by commercial success Structured to retain control Scalable and sustainable for the long haul Powering Social Enterprises With Profit And Purpose offers a detailed blueprint that has proven commercially and philanthropically successful and that can be replicated in most business sectors.

Profit & Purpose

Profit & Purpose PDF Author: Kyle Westaway
Publisher: John Wiley & Sons
ISBN: 111870861X
Category : Business & Economics
Languages : en
Pages : 220

Book Description
Why has Warby Parker been able to make such dramatic inroads against the behemoths in the long established eyeglass market? How has Method revolutionized the soap aisle? Amid the cacophony of online retailers, why has Etsy seen such explosive growth, with 2013 annual sales north of $1 billion? These companies all have been disruptive because they are operating from a strong social/environmental purpose. They are proving a counterintuitive truth – purpose can drive profits. But it’s not just innovative startups that are getting in on the action. Blue chip companies such as Nike, Coca-Cola and IBM are innovating within their organization to create a positive social and environmental impact globally. This is not a trend. It’s the future of business. Based on in-depth interviews with founders, Profit & Purpose profiles a number of the most successful pioneers of this new way forward, telling the stories of thirteen social enterprises ranging from non-profits like Charity:Water and DonorsChoose.org, to for-profits, like Method and Burts Bees; from startups like Etsy and Warby Parker, to multinational corporations with market capitalizations in the hundreds of billions, like Coca-Cola, IBM and Nike. Kyle Westaway digs beneath the public stories of these organizations’ success to reveal how they have harness the power of purpose. Taking readers behind the scenes, he shows how these leading social enterprises progressed from concept to scale, how they overcame common pitfalls, and how they managed to find an optimal balance between their mission and their business mandates. Westaway reveals that though there is no magic bullet formula that guarantees success, there are seven core practices that distinguish these market leaders from the pack of contenders. They are: DISCOVER THROUGH CURIOSITY // Finding the right opportunity catalyzes impact. DESIGN WITH HUMILTY // Prioritizing users creates killer products. BUILD THROUGH HUSTLE // Rallying people creates critical momentum for launch. FUND BY COMMITMENT // Aligning funders around a vision creates true partnerships. CONNECT WITH AUTHENTICITY // Authentic connection builds a movement. SCALE THROUGH COMMUNITY // Focusing on culture ensures smart growth. EVALUATE WITH HONESTY // Honest measurement ensures continual improvement. Profit & Purpose takes the literature on social entrepreneurship an important step forward, providing the practical tools for turning good intentions into breakaway success.

Business and Management in Asia: Disruption and Change

Business and Management in Asia: Disruption and Change PDF Author: Tobias Endress
Publisher: Springer Nature
ISBN: 9819993717
Category : Business
Languages : en
Pages : 190

Book Description
Zusammenfassung: This book focuses on "Disruption and Change" in the Asian region. In this context, managers and policymakers face a fast transformation of existing structures and business environments. From a business perspective, change is the adoption of business strategies, activities, and operations that meet the needs of the firm and its stakeholder today while protecting, sustaining, and enhancing the human and natural resources that will be needed in the future. Disruption refers to the radical changes in existing industries or markets due to technological innovation breakthroughs. There is a consensus among scholars and practitioners that organizations must manage the change well to flourish in a competitive business environment. Many business models need to be rethought to establish new ways to stay competitive. The book, with its practical examples, gives the reader impulses for new Asian's approaches and encourages the readers to dare to think and act in new ways

Succeeding at Social Enterprise

Succeeding at Social Enterprise PDF Author: Social Enterprise Alliance
Publisher: John Wiley & Sons
ISBN: 0470608757
Category : Business & Economics
Languages : en
Pages : 304

Book Description
From the Social Enterprise Alliance, the organization dedicated to building a robust social enterprise field, comes Succeeding at Social Enterprise. This practical guide is filled with the best practices, tools, guidance, models and successful cases for leaders (and future leaders) of social ventures and enterprises. A groundbreaking work, it brings together the knowledge and experience of social enterprise pioneers in the field and some of today's most successful social entrepreneurs to show what it takes to implement and run an effective social venture or organization. Succeeding at Social Enterprise focuses on real life examples, lessons learned and the core competencies that are needed to run a social venture in a nonprofit, highlighting such skills as managing and leading, business planning, marketing and sales, and accounting. Praise for Succeeding at Social Enterprise "This is a must read for anyone starting or growing a social enterprise. The lessons learned offer valuable, practical and real insights from pioneers in the field. The frameworks and tools presented can be implemented immediately to help drive success and expand your social impact." —Kriss Deiglmeier, executive director, Center for Social Innovation, Stanford Graduate School of Business "By successfully weaving together the best thinking and advice from a diverse set of our field's leading experts and practitioners, Succeeding at Social Enterprise will be the new 'must have' handbook for Social Enterprise." —Jed Emerson, www.BlendedValue.org "This is a timely book needed for a movement that's taking off. The leading thinkers and top practitioners in this book make today's pressing issues clear to both the novice and the experienced social entrepreneur." —Kevin Jones, founding principal, Good Capital "Written by the nation's leading experts on starting, building and leading a successful social venture, this book is a profoundly important contribution to the growing body of literature on social entrepreneurship. No other book brings to bear this kind of business experience, practical advice and wisdom on the challenges of creating and sustaining a social enterprise." —David Roll, founder, Lex Mundi Pro Bono Foundation

Scaling the Social Enterprise

Scaling the Social Enterprise PDF Author: Walske, Jennifer M.
Publisher: Edward Elgar Publishing
ISBN: 1788113721
Category : Business & Economics
Languages : en
Pages : 224

Book Description
Scaling the Social Enterprise is an ideal text for courses that focus on social entrepreneurship and social innovation, at either the graduate or undergraduate level. Common themes across high growth social startups discussed in the book include: • building and modifying a management team for growth • creating and maintaining a dynamic stakeholder network • choosing corporate form and funders • moving from idea to pilot, to roll-out, and pivots along the way • the importance of media magic in building a brand • developing and refining one’s value chain • the pivotal role of technology in scaling Featuring high profile, high growth social startups including Fair Trade USA, Revolution Foods, Sanergy, Kiva, d.light, Back to the Roots, and Grameen America, the chapter on funding social startups also profiles social funders such as Bridges Fund Management and Better Ventures, amongst others.

Mission, Inc.

Mission, Inc. PDF Author: Kevin Lynch
Publisher: Berrett-Koehler Publishers
ISBN: 1609944321
Category : Business & Economics
Languages : en
Pages : 257

Book Description
Business has the power to change the world, but some businesses embrace that opportunity more aggressively than others do. Social enterprises put their change mission first – what they sell or what service they provide is a means to accomplishing a larger goal, rather than an end in itself. Their front-and-center commitment to doing good makes social enterprises immensely attractive. But if you want to run one successfully, you have to manage a tricky balancing act. How can you be as efficient as any of your for-profit or nonprofit competitors while at the same time staying true to your social purpose? In this groundbreaking guide, social entrepreneurs Kevin Lynch and Julius Walls draw on their own extensive experiences and those of twenty other social enterprise leaders to focus on the fundamental blocking and tackling tactics that make the difference between success and failure. Exploring the many paradoxes that can hamstring social enterprises, the authors explain how starting and running a social enterprise requires leaders to adopt an entirely different mindset and often a wholly different perspective on the day-to-day choices they’re forced to make. Likewise, Walls and Lynch help readers grapple with a different set of expectations from employees, investors, customers, and the community. For social enterprise practitioners, these expectations present an added layer of difficulty – but they can also offer unique advantages, which the authors explain how to leverage. Whether readers are looking for guidance on finding and hiring talent, marketing, finances, or scaling, this practical, accessible guide offers clear and compelling answers that light the way.

The Art of Social Enterprise

The Art of Social Enterprise PDF Author: Carl Frankel
Publisher: New Society Publishers
ISBN: 1550925342
Category : Business & Economics
Languages : en
Pages : 211

Book Description
Mission driven—business as a vehicle for change. The current business-for-profit model rewards short-term thinking, narrow self-interest, and a social-and-environmental-costs-be-damned attitude. Non-profits, while more focused on the greater good, tend to be inherently resource-challenged and rely on increasingly scarce grants and donations to sustain their existence. Social enterprise is an exciting, blended model driven by the desire to create positive change through entrepreneurial activities. The Art of Social Enterprise is a practical guide which supplies everything you need to know about the mechanics of social entrepreneurship including: Startup – envisioning and manifesting intention Strategic planning – balancing social and monetary value Maintaining an even keel despite the inevitable challenges associated with being an entrepreneur. This valuable resource also provides an unparalleled legal perspective to help you take advantage of established legal organizational forms, recent statutory creations, contract hybrids, certification programs and more. Aimed at emerging as well as established social entrepreneurs, for-profit leaders who want to introduce an element of social responsibility into their companies, and non-profit organizations who want to increase their stability by generating income, The Art of Social Enterprise is the definitive guide to doing well while doing good.

Essential Social Enterprise

Essential Social Enterprise PDF Author: Freer Spreckley
Publisher: Grosvenor House Publishing
ISBN: 1839757078
Category : Business & Economics
Languages : en
Pages : 194

Book Description
Social Enterprise is a worldwide movement of alternative organisational and business models, but it is sometimes difficult to know precisely the meaning of the term. In Essential Social Enterprise, Freer Spreckley traces the origin and development of social enterprise and shows how, over time, both the term and values have been altered and sometimes misinterpreted. The book praises the growth of supplementary and essential initiatives that widen the support for social enterprise influencing traditional business infrastructure mechanisms. The best known is the triple bottom line of Profit, People and Planet that has become the default criteria for corporate social responsibility. The book's central thesis is that it is excellent to see the growth of complementary social tools and different social enterprise applications, but questions whether these are displacement activities avoiding essential system change to corporate ownership and control. The book argues that the original ideas of social enterprise are urgently needed now. We should go beyond the pleasantries of putting the word 'social' in the title and assuming that means change. Freer puts forward a convincing, clear and radical interpretation in defining Social Enterprise and argues that it is a powerful solution to some of today's problems. These, he suggests, are inequality, environmental degradation, poverty and the fetish of exclusivity and puts forward the solutions of a common ownership entity, governed democratically, with integrated financial, social and ecological guiding principles and combined performance measurement indicators and a planning and evaluation method. The book suggests these changes are of our time and urgently need to be applied by organisations and businesses to create system change and avert a social and environmental decline. Furthermore, Freer argues that organisations need to be regenerative, going beyond sustainability and reversing the tread of societal inequality and ecological catastrophe in how they are owned and controlled, operate and behave. The book proposes that governments worldwide enact legislation to create a 'Social Enterprise Act' to define and hasten new organisations and enterprises to help regenerate society and the environment.

Social Entrepreneurship

Social Entrepreneurship PDF Author: Rasheda L. Weaver
Publisher: Taylor & Francis
ISBN: 1000812251
Category : Business & Economics
Languages : en
Pages : 148

Book Description
Social Entrepreneurship: A Practical Introduction equips aspiring entrepreneurs with the tools needed to design and launch businesses to create positive social change in their communities. This accessible textbook aims to educate and motivate people interested in social entrepreneurship, showing that such businesses are a valuable part of the community development toolbox. Each chapter focuses on a key aspect of social entrepreneurship, from value creation and business planning to impact measurement and scaling up. Different social business models are presented, with analysis of their strengths and weaknesses. Cases and examples are included throughout the book and showcase real-life social enterprises in North America, South America, Europe, Australia, Africa, and the Caribbean. Discussion questions also support reflection and learning. A downloadable workbook offers support with checklists, social impact measurement, and other areas. An instructor manual containing test questions and experiential exercises is also available as a digital supplement for adopters. This book is ideal for introductory courses in social entrepreneurship and community development. It will also be valuable for those involved in social enterprises on the ground.

Social Entrepreneurship For Dummies

Social Entrepreneurship For Dummies PDF Author: Mark Durieux
Publisher: John Wiley & Sons
ISBN: 0470538082
Category : Business & Economics
Languages : en
Pages : 379

Book Description
Discover how to bring social responsibility to your business In today's business world, your bottom line isn't measured by your company's financial performance alone. Social Entrepreneurship For Dummies shows you how to implement social responsibility to your business plan in order to increase your bottom line. This book helps any social entrepreneur gain the necessary skills needed to change the system and spread the solution, while providing explanations of the most successful business tools being used today. A complete reference on the ideas and processes associated with social entrepreneurship Provides a foundation and business plan for those looking to create their own socially oriented business venture Social Entrepreneurship For Dummies gives you the trusted and friendly advice you need to get on your way toward social responsibility!