December 10

Viewpoint: Why Social Entrepreneurs Are So Burned Out

By Ewald Kibler, Joakim Wincent, Teemu Kautonen, Gabriella Cacciotti and Martin Obschonka

Can entrepreneurs help address the society’s biggest challenges — without burning out?

These are pressing questions. According to Deloitte, private businesses are increasingly expected to help solve the most challenging social problems of our times — health, poverty, and the promotion of sustainable development — in the absence of, or in conjunction with, government action. And many are eager to step into this role: the consultancy’s recent survey of more than 11,000 business and HR leaders worldwide found that almost 80% say “citizenship and social impact” is very important or important today.

But is it reasonable to expect a for-profit enterprise, and its employees, to address large-scale social problems? Helping those most in need and running a commercially viable business at the same time can create conflicting of goals.

Photo courtesy of Pixabay.

Source: Harvard Business Review (link opens in a new window)

business, psychology, social business, social enterprise, social entrepreneurship, social impact