Social enterprises are businesses that aim to benefit society or the environment in addition to making a profit. They use business methods to advance social, environmental, or human justice causes. Social enterprises have a clear social mission to create positive change and help disadvantaged groups. They may pursue both profits and social impact, and often involve stakeholders in ownership and governance.
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Chapter 12.
Social enterprises are businesses that aim to benefit society or the environment in addition to making a profit. They use business methods to advance social, environmental, or human justice causes. Social enterprises have a clear social mission to create positive change and help disadvantaged groups. They may pursue both profits and social impact, and often involve stakeholders in ownership and governance.
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CHAPTER 12
Social enterprises are business whose primary
purpose is the common good. They use the methods and disciplines of business and the power of the marketplace to advance their social, environmental and human justice agendas. “(Social Enterprise Alliance, USA, 2016)
•It is a business owned by non profit
organizations, that are directly involved in the production and/or selling of goods and services for the blended purpose of generating income and achieving social, cultural and/or environmental aims. Social enterprise is a business that trades for a social and/or environmental purposes. It will have a clear sense of its “social mission”: which means it will know what difference it is trying to make, who it aims to help, and how it plans to do it.
It is an organization that applies commercial
strategies to maximize improvements in human and environmental well-being this may include maximizing social impact alongside profits for external shareholders. 1. History and Philosophy (“Social Enterprise”, 2016)
Social enterprise has a long history around the
world, through under different names, and with different characteristics.
Social enterprise are often regarded erroneously as
non profit organization, although may do take on a non profit legal form and are treated in the academic literature on the subject as a branch or subset of non profit activity. A useful, although by no means universal perspective, created by social enterprise consultants across four continents after a review by Social Enterprise Europe, highlights three factors which can frame the business philosophy of a social enterprise:
1. The extent to which it engages in ethical review
of the goods and services it produces and its production processes;
2. The extent to which it defines its social
purposes, and evidences its social impact. 3. The extent to which it democratizes ownership, management and governance by passing control of its human, social and financial capital to its primary stakeholders (producers, employees, customers, service users).
2. International Definition (“Social Enterprise’
2016”
“Not for profit misleading criterion. It is good
practice for social enterprises to provide incentives to workers, social and community investors through dividends. 3. Social Enterprise in the United States (“Social Enterprise, 2016”)
The Social Enterprise Alliance defines a “social
enterprise” as “an organization or venture that advances its primary social or environmental mission using business methods.”
In the United States, “social enterprise” is also distinct
from “social entrepreneurship”, which broadly encompasses such diverse players as B Corp companies, socially responsible investors, “for benefit” ventures, Fourth sector organization, CSR efforts by major corporations, and “social innovators”. 4. Social Enterprise in the Philippines (“Social Enterprise, 2016”)
In December 1999, a group was organized called
Social Enterprise Network. Its members, based in Metro Manila, include entrepreneurs, executives and academics who believe in social entrepreneurship (setting up businesses by creating opportunities for the poor.)
A social enterprise in the Philippines is Gkonomics
International Inc, a non stock, non profit organization. B. Poverty Alleviation: Gkonomist Manifesto (gkonomics.com)
I am a young Filipino and I am now making a stand A stand for God, my country, my people. A stand against poverty
I will end the #1 poverty f all in our
country; poverty of the mind and heart. I will replace my colonial mentality with a proudly Filipino Bayanihan mentality. God did not make a mistake in creating me Filipino. I am honoring God’s plan for me as a Filipino by loving my country.
I am joining the fight to end poverty,
Not just bin words ,but more so in action I will not stand by idly as millions of my fellow Filipino go hungry while I pursue my dreams and build my riches. I dream of a prosperous ,slum-free Philippines A people who will not merely be consumers, but also producers
I will end poverty by creating wealth
not for my family but also for the poor. And together we will build a worthy treasury for all. C. Empowerment First Profit Second
What truly is a social enterprise?
To me, a social enterprise is one that prioritizes
serving a purpose or fulfilling a need over financial gain. The profit earned directly impacts to the programs and service that help the community of women to lead self sufficient. This type of change is long-term and challenging, but doable. 1. Educate yourself
Marketing schemes can be very powerful and
persuasive. Sometime you find the promotions are actually causing more harm than good. As a costumer you have the control to know what you're doing when you're buying. 2. If your employees are happy your business is happy
It is important that you understand your
employees background. The gratitude for allowing them to put their family first is reflected in the work ethic. Don't just invest in your products ,invest in your employees. 3.Be a conscious capitalist
Owning a social enterprise is not only about the
capital return ,it is about the social return. We could be more profitable if we didn't take care of the people we hired. D. What is a Social Entrepreneur? (www.ashoka.orgi)
Social entrepreneurs are individuals with
innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change.
They find what is not working and solve the
problem by changing the system, spreading the solution and persuading entire societies to move in different directions. Social entrepreneurs often seem to be possessed by their ideas, committing their lives to changing the direction of their field. They are visionaries, but also realists and are ultimately concerned with the practical implementation of their vision above all else.
It present user friendly, understandable and
ethical ideas that engage widespread support in order to maximize the number of citizens that will stand up, seize their idea and implement it. 1. Why “Social” Entrepreneur?
Just an entrepreneurs change the face of
business, social entrepreneurs acts as the change agents for society, seizing opportunities other miss to improve systems, invent new approaches and create solutions to change society for the better. 2.Historical Examples of Leading Social Entrepreneurs
>Susan B. Anthony (U.S)
Control property and helped spearhead the
adoption of the 19th amendments. -said that "Men their rights, and nothing more; women, their rights, and nothing less.“ S.Anthony > Vinoba Bhave (India)
-said that "what we should aim at is the creation
of people power which is opposed to the power of violence and is different from the coercive power of the state.“ V.Bhave
>Dr. Maria Montessori (Italy)
-said that "One test of the correctness of
educational procedure is the happiness of the child.“ M.Montessori >Florence Nightingale (U.K)
-said that "I attribute my success to this -I
never gave or took any excuse.“ F.Nightingale
>John Muir (U.S)
-Naturalist and Conservationanist. -said that
the mountains are calling and I must go.“ J.Muir >Jean Monnet (France)
-Responsible for the reconstruction of the
French economy following World War II . -said that "Nothing is possible without men; nothing is lasting without institutions.“ J.Monnet