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Some entrepreneurs change the world, and make money doing it
Entrepreneurs change the world. Some develop new products or services that meet real needs or delight customers. Some create new jobs. Increasingly, entrepreneurs and small-business owners want a more direct, positive effect on our planet and its people. They want to use their entrepreneurial skills and attitudes to tackle some of the globe's most pressing issues.
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- Uncategorized
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Little Impact Seen From China Private Capital Push
SHANGHAI—China's pledge to give private capital real access to the nation's lucrative banking sector has triggered more skepticism than excitement, with analysts saying entry barriers remain firmly in place.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance
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Middle East Social Entrepreneurship Faces Challenges, but No Shortage of Volunteers
The Arab Spring brought tumult to the Middle East, but the demonstrations have also ushered in new aspects to civil life in Arab society. Egypt this past week saw its first free presidential elections in its history as a result, and Arab youth across the region have used new media as an unfiltered way to express themselves and organize as they never could before.
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- North Africa & Near East
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Escaping poverty on the back of a chicken
In the dusty Nigerian village of Nwangele, a 13-year-old girl, Eziuche Chimdi, has escaped a life of oppression. She has only one tool - a chicken.Her life could easily have been very different. Poverty and traditional values dictate the lives of many young girls who will be forced to become child brides. 40 per cent of girls in Nigeria are married by the age of 15, and marriage puts an end to education. Once wedded, she will be subject to a life of servitude as the second or third wife to a man more than twice her age. Disobedience results in violence and young girls are sexually vulnerable and susceptible to HIV/AIDS - the biggest killer of women in Nigeria.
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- Sub-Saharan Africa
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Should Fighting Hunger Be a Franchise Business?
The idea of a business franchise is more likely to conjure an image of a Happy Meal than a famine food ration, but what if the same system that makes McDonald’s globally omnipresent could do the same for food aid or poverty-fighting?
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- Sub-Saharan Africa
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Young managers from top firms barter fat pay checks to join political system
MUMBAI: Come June, Vaibhav Lodha will swap his pinstripes for crisp white khadi. The 27-year-old manager with Bangalore-based analytics company Mu Sigma is set to leave a high-paying job, where he is serving his notice period, to work as a consultant for parliamentarian Anurag Thakur in Himachal Pradesh.
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- South Asia
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What Exactly Is Social Entrepreneurship?
We’re talking about success and social value. Today many people lump this in a special category: social entrepreneurship. We’re not sure exactly what that is, so we’re interested in learning more. As it turns out, so were two Tuck class of 2013 students, Christopher Halstedt and Brad Callow. This past spring they did an independent study Senior Associate Dean Bob Hansen and Gregg on exactly this topic. They set out to see if they could understand what exactly is social entrepreneurship and how it creates social value. Here are some excerpts from what they found:
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- Impact Assessment
- Region
- Europe & Eurasia
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Why Companies Can No Longer Afford to Ignore Their Social Responsibilities
In 1970, the economist and Nobel laureate Milton Friedman published an article in The New York Times Magazine titled, “The Social Responsibility of Business Is to Increase Its Profits.” In the article, he referred to corporate social responsibility (CSR) programs as “hypocritical window-dressing,” and said that businesspeople inclined toward such programs “reveal a suicidal impulse.” Even four decades ago, at a time of growing public concern for the environment, his views represented the general skepticism and contempt with which many in Corporate America viewed CSR.
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