Social Enterprises, ideal platform to promote the public good? What is a Social Enterprise: As a country and global community, we stand at a unique inflection point. It appears that the world’s problems are outstripping our ability to address them, but what may be more accurate is simply that traditional institutions are no longer sufficient. Social enterprise is emerging as the “missing middle” sector between the traditional worlds of government, nonprofits and business. It addresses social concerns, more efficiently than government, which no longer has the mandate or resources to solve every social problem;more sustainably and creatively than the nonprofit sector, which faces declining funding streams and increased demands for innovation, proof of what works and collaboration; and more generously than business, which is mandated to place pre-eminence on shareholder returns, but is also realizing it can’t succeed in a decaying world. As social needs continue to spike in light of shrinking government budgets, employment rolls, and social safety nets, social enterprise is emerging as a self-sustaining, market-based, business-like and highly effective method of meeting social needs. Read more.
Posted on: Mon, 15 Sep 2014 23:16:42 +0000
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