Course Correction in Social Enterprise
Sometimes big dreams don’t translate to big profits. Other times, profits outstrip social impact – and new products or strategies lead to unexpected consequences for an enterprise or its customers. And on the positive side, new opportunities may also emerge that point a business in directions it may not have anticipated.
When does it make sense to compromise your social mission, change your business model or strategy, sell out to a bigger company – or shift from for-profit to nonprofit (or vice versa)? Whatever the reason, this series (part of NextBillion’s 2018 editorial calendar), will feature candid stories of social enterprise transitions – and useful insights on how to execute them successfully.