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Does Fighting for the Cause Actually Solve the Problem?
My biggest advice to entrepreneurs looking to do something purposeful: build a model which ’never’ sacrifices commercial profit for ’purpose’ or vice-versa. I believe that the most impactful businesses in the 21st century will maximize both. If you are looking to create a purposeful business, then focus your energies on the for-profit first.
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- Education
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- academia
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Back From the Brink: How Good Governance Spurs Growth in Post-War Liberia
Liberia has become much friendlier to entrepreneurs and business interests since President Sirleaf took office. The average number of days required to start a business plummeted from 68 to 20. (The worldwide average is 24). The number of start-up procedures required to register a business dropped from 10 to five, below the global average of 7.8.
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- Education
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- academia
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Let’s Talk: IDB Inaugural BoP Forum Highlights SME Growth, Network Connections
The 1st IDB Forum for the Development of the Base of the Pyramid in Latin America and the Caribbean kicked off Monday in Sao Paulo, Brazil by emphasizing the critical role of SME creation and growth. To highlight the increasing importance of the sector, the IDB announced plans to double investments in BoP-related businesses in 2012 to $100 million.
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- Education
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- academia
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Karnani’s ’Fighting Poverty Together’ Advocates Eclectic Approaches
Aneel Karnani, perhaps one of the best-known skeptics of Base of the Pyramid approaches, corporate social responsibility and microcredit has a new book, Fighting Poverty Together. In it, Karnani levels familiar criticisms, but also provides many suggestions for how businesses, NGOs and governments should address poverty alleviation.
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- Education
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- academia
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Ashoka’s Drayton: Education and the Future Marketplace
Ashoka Founder Bill Drayton views the more than 2,700 Ashoka Fellows as a sensitive Geiger counter for detecting big economic and social shifts. He sees critical gaps in empathy, teamwork, leadership, and change-making being taught to young people. The "parts of the world that do not master these traits will be left in terrible shape," he says.
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- Education, Social Enterprise
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- academia
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NexThought Monday: 8 HR Innovation Strategies to Sustain, Grow Social Enterprises
It’s common knowledge that social enterprises perennially struggle with retaining talent, especially in middle management. It thus becomes critical for social enterprises to think creatively and try a variety of innovative tactics. Our research has identified eight effective strategies of several social enterprises to attract and retain talent.
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- Education
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- academia
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’Active Incubator Models’ and Management for Social Enterprises
The business model for the Asian Social Enterprise Incubator (ASEI), a Manila-based organization, is based on the assumption that what many social enterprises require is not necessarily access to office space and back-office services. Rather, they need a market-oriented management to direct the strategy and run the organization like a business.
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- Education
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- academia
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In Defense of High Standards: How to Improve the Performance of Brazilian Social Businesses
Despite a growing interest in social businesses in Brazil, the field still struggles to find and retain experienced managers to implement their business models successfully, creating a vicious circle of low performance. But if we can transform growing interest into results, Brazil could fulfill its promise as a great place to do (social) business.
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- Education
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- academia