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Get Your Corporate Governance Groove On: Why social entrepreneurs need get in step with reality
You started out with just an idea for a social enterprise, and you’ve worked hard to get the right pieces in place to put it into action. Who’s going to be your CEO? If you’re not ready for that question yet, you should be. You may think the answer is obvious: You. Guess again.
- Categories
- Entrepreneurship, Investing
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Creating the Right Board for Your Social Enterprise
While for-profit corporations often focus on accountability towards their shareholders, social enterprises are often torn between interests of their target group and interest of their funders. Research by the Schwab Foundation for Social Entrepreneurship revealed some interesting findings on this issue.
- Categories
- Education, Entrepreneurship
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Why You Can’t Talk About Impact Investment Without Corporate Governance
Mention the term “impact investing” at a social enterprise gathering and eyes widen and enthusiastic words flow. Mention “corporate governance” and it’s likely that those same eyes will glaze over and someone will share a frustrating experience from a board meeting. The Schwab Foundation for Social Entrepreneurship, the Technical University of Munich and the European Business School created The Governance of Social Enterprises: Managing Your Organization for Success, a guidebook for leaders of social enterprises on how to set up a robust corporate governance board.
- Categories
- Entrepreneurship
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Japanese Professor Shoji Shiba Helping India Inc Breakthrough
Dhobi Ghat, the washermen's hub in Mumbai, is a dingy neighbourhood of clotheslines, discoloured pools of water and rows upon rows of wash pens. But it presents an array of socio-economic groups among the 10,000-odd washermen who live and work here-from smaller washermen thrashing clothes on flogging stones to better-off cleaners who run Laundromats.It's a thriving ecosystem and a perfect case study for how people at the bottom of the pyramid impact an economy.
- Categories
- Entrepreneurship
- Region
- South Asia
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Roundup – 3/18/12: When Sharing Makes Sense
For social businesses, the perpetual pursuit of a model that works, a reliable customer base, honed relevant products, and a social impact can blot out all but the sun. Exposing your company to collaboration with a competitor to share technology or distribution networks, is an anathema to most social entrepreneurs Yotam Ariel argued this week.
- Categories
- Education, Entrepreneurship
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So You Want to Start a Social Enterprise? 10 Legal Questions Founders Should Ask Themselves and Their Partners First
As a corporate lawyer working at the intersection of start-up space and social enterprise sectors, I often find myself assisting co-founders in structuring relationships. The conversations are inherently complex; so here 10 questions I would advise founders and partners ask one another before launching a social enterprise.
- Categories
- Entrepreneurship
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Running a Social Business: More Rollercoaster Than Mountain Climb
Some believe a perfect metaphor for running a social business is a huge mountain climb: lots of struggle and suffering, and reaching the summit is the way to recognition and "glory." However, riding endlessly on a roller coaster seems a metaphor closer to reality: ups and downs, fear, excitement, frustration, accomplishment, anxiety and relief.
- Categories
- Entrepreneurship
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