Member-Run Consulting Collective Launches To Help Mission-Driven Businesses and Business-Savvy Organizations Do Well By Doing Good

SANTA CLARA, Calif., Nov. 9, 2015 /PRNewswire/ – FOR IMMEDIATE RELEASE:Social Intrapreneurs was founded this month by a consortium of social-venture contractors, consulting firms and investor members across the United States and Canada, who are improving their services to social entrepreneurs end expanding their reach globally by banding together and sharing resources and creative synergy. From legal structuring to launch, the collective […]

For-Profit or Nonprofit or Hybrid Business?

Traditionally, the divide between a for-profit or nonprofit organization was clear: for-profit businesses would engage in revenue generation and nonprofits would engage in charitable work to solve social issues and would largely stay away from revenue generation. The rise of social enterprises in recent years, however, has made that distinction less and less clear. Social entrepreneurs are finding innovative ways to challenge the […]

Seven Strategy Questions: Nonprofit Edition

Seven Strategy Questions by Harvard b-school professor Robert Simons is a good guide to keeping boards of directors focused on strategy and planning. This is critical because the primary value a board provides is strategic direction.

His book is understandably focused on the for-profit corporate world, so I thought it would be useful to pose his seven questions and provide my […]

Why Mandatory Reporting Is The Key to Better Benchmarking

So why benchmark? Companies that grasp the importance of a solid sustainability strategy (and view it as an asset rather than a hindrance) know investors increasingly value this forward-thinking approach. In addition, knowing where you stand against your competitors and identifying strengths and weaknesses for improved strategic decision-making can help your corporation drive innovation and increase bottom line benefits. But […]

11 things we learned about social enterprise in international development

1. The scale of social enterprises varies globally

2. Social enterprise is about impacts

Positive impacts can be seen in a number of ways: in what a social enterprise produces or sells, for example, or by the way it does business. “Most of our work is agricultural so we are particularly interested in enterprises that go out of their way to include […]

How To Monetize Forest Conservation

Like many highly prized hardwood trees, Hawaii’s mighty Koas have been disappearing at an alarming rate. Sought-after for furniture and guitar-making, boats, and housing, there are said now to be only 10% of the Koas that there were 200 years ago. At the current pace of replanting, the species could be virtually wiped out in a decade or two.

That’s where […]

L.A.’s Minimum Wage Hike: A Teaching Moment for Those Trying to Help the Underprivileged

A lightly annotated story from today’s L.A. Times from the frontline of the politically connected trying to claim special exemptions from L.A’s forthcoming minimum wage hike, which highlights not the corruption of the politically connected seeking special favors but the logic that should lead to a universal exemption, i.e., abandoning the prospective minimum wage hike.

It begins with a discussion of […]

New York Coffee Chain Blends Business And Charity For Success

It’s not unusual for a small business to work with community nonprofit groups, but a New York-based chain of coffee shops is taking that partnership further.

Coffeed operates six cafes in New York, plus a restaurant in Fort Tryon Park in Manhattan and a new location in Seoul, South Korea. The company partners with a different charity at each location.As Inc. […]

6 Billion Pounds Produce Is Wasted Every Year Because It’s Ugly

An estimated six billion pounds of fruits and vegetables are wasted every year in the U.S. because they are ugly, according to report by the Natural Resources Defense Council. That means more than 20 percent of the produce grown for human consumption is rejected by grocery stores and goes uneaten because of its appearance.

Founders of a crowd-funded company called Imperfect […]

Disrupting The Informal Labor Market in Pakistan

The labor market in Pakistan is dangerously unregulated, unstructured, and operates mainly on an informal basis. While the largest chunk is employed by the agriculture sector, there is also a significant informal market catering to the retail, construction, and household services industries. Affluent Pakistani families employ cooks, drivers, nannies, and gardeners to serve them. Most employment is arranged through personal […]

Two Keys to Sustainable Social Enterprise

Social entrepreneurship has emerged over the past several decades as a way to identify and bring about potentially transformative societal change. A hybrid of government intervention and pure business
entrepreneurship, social ventures can address problems that are too narrow in scope to spark legislative activism or to attract private capital.

To succeed, these ventures must adhere to both social goals and stiff […]

New Social Media Platform Facilitates Consumer Citizenship

Silicon Valley start-up Scalechange has announced a suite of programs and services aimed at connecting socially conscious consumers with the causes they care about.

Scalechange, founded in 2014 provides digital marketing, crowdfunding and fund development services to mission-driven businesses such as B-Corps and nonprofits. In addition to providing services to the causes they care about, the team is creating innovative new […]

Social Venture Success: On Stance, Story and Strategy

Everybody has a story. Throughout my 20s, I was a workaholic. I was never present, and my dream was to sell my business. It wasn’t until I achieved my goal and made lots of money that I realized that this kind of success didn’t make me happy. In fact, it made me miserable.

This experience – and hiring an amazing business […]

How Social Ventures Can Advance Public Health And Social Care

As the recent party conferences and Scottish referendum have proved, health and social care are at the centre of political attention – and will be crucial in general election campaigns. This is with good reason: we are in a period of challenges where health services are concerned. Many NHS trusts are already significantly in deficit, and the strain is beginning to show across the country.

What […]

Is Technology Reinventing Recruitment?

Technology, especially social media, has dramatically changed the way people communicate in recent years, and what I call “digital fluency” has become the business literacy of the 21st century. Digital fluency is the ability to use social and mobile technology to communicate, collaborate and connect with people.

In HR, most recruiters have already realized the necessity of social media for sharing jobs, […]

How To Achieve Staff Diversity

In order to make the widest impact possible, your organization needs to appeal to a wide audience. This audience should include people from all backgrounds, including race, religion, gender, sexual orientation, income level, and so on. Otherwise, it may appear that your organization is being exclusive with one particular group and perhaps even discriminatory toward others. In order to create […]

Women Are Naturally Suited To Social Enterpreneurship

Elizabeth Schaeffer Brown, founder of Uncommon Union wrote in Forbes, “The new field of social entrepreneurship is ideally suited to women, who have always had to meet complex demands that pit community against individualism. In short, we understand the necessity of seeing the economy and the world as an interconnected and interdependent system.”

Social enterprises are organizations that apply commercial strategies […]

Want To Succeed? Listen To Those You Serve

Social enterprises need to put customer satisfaction and beneficiary feedback at the center of everything they do. Making what beneficiaries think the most important metric of success is both good management and the right thing to do. My research for REDF this summer as a graduate student intern started with two basic truths. First, the business community recognizes that focusing […]

Corporate Social Responsibility’s Relationship to Social Enterprise

We did not delve into the efficacy of the initiatives. But from the description, most of the initiatives seem like one of projects which do not necessarily have an impact sustainable over the longer term.

I believe that with the push from the government, corporations big and small have an opportunity to make a phenomenal difference to our society and environment, […]

B Corps Movement Eyeing Expansion in Asia

Among the B Corps that you may already know and whose products you use are Ben & Jerry’s, Patagonia, Couchsurfing International and Etsy. In fact, more than 1,200 firms from 38 countries and 121 industries are now certified B Corps, with more being added every week.

A B Corp is essentially a sustainable business or social enterprise that voluntarily meets higher […]