3:56 pm •
Categories: Business Models, Rants & Raves •
by admin
I’ve read a string of great books lately, parts of which occasionally flash into my consciousness, but none has made the same impression as Leaving Microsoft to Change the World. It’s the self-told story of John Wood’s departure from Microsoft to create libraries at first, then classrooms, then schools and finally scholarships in Southeast Asia and […]
5 Comments
7:17 pm •
Categories: Build a Purpose-driven Business, Interviews, Podcast •
by admin
How much control of your company are you willing to give up in exchange for funds? is a question that all investment-seeking entrepreneurs need to answer. Social entrepreneurs are confronted with another key question that impacts how they want to set legally establish their organization: How important is profit versus mission? With these two questions […]
Comments Off on Two Questions You Need To Answer Before Choosing a Structure For Your Social Enterprise–with Brian Howe
1:49 pm •
Categories: Corporate Social Responsibility, Rants & Raves, Trends •
by admin
There seems to be a problem. An influential group of global CEOs list brand, trust and reputation as their “primary considerations for acting on sustainability.” Motivators like revenue growth and cost reduction, consumer demand, employee engagement and retention and personal motivation lagged significantly behind. Many CEOs seem to have reversed cause and effect. Brand trust […]
1 Comment
2:22 pm •
Categories: Build a Purpose-driven Business, Businesses, Cause Marketing, Rants & Raves •
by admin
How to let your mission guide you: Your mission should guide your decisions, but sometimes you’ll have to prioritize long-term mission over short-term consequences as Organic Valley did when it shipped milk from Ohio to North Carolina to help farmers there start a local business. The short-term compromise was the environmental impact of shipping milk so […]
Comments Off on Why Mission Should Be Your Primary Product
1:23 pm •
Categories: Rants & Raves •
by admin
“But who are you? What is this idea? It doesn’t fit any of the existing patterns because they were set up to serve the old idea…. “ This is Ashoka founder Bill Drayton’s description of a feeling often experience by social entrepreneurs, himself included. I’m sharing it because it’s something you’ve probably felt, as have […]
Comments Off on The (Social) Entrepreneur’s Sentiment
4:42 pm •
Categories: Evaluation, funding •
by admin
Consider becoming certified as a B Corporation. If you’re looking for mission-aligned capital for an existing business, B Corp status will help, and if you’re looking for traditional investing, it won’t hurt. B Corporation certification signals to investors, consumers and employees that you are use business to solve social and environmental problems. For companies looking […]
Comments Off on The Best Kept Secret to Social Venture Funding?
2:04 pm •
Categories: Build a Purpose-driven Business, Employee Involvement •
by admin
Start small and focus your efforts on your mission. You’ve probably heard this at some point, but it’s hard to do. How do you know if your perception of focus is, well, out of focus? Your employees can be the best reflection of reality. “If your employees or people connected to your company can’t tell […]
Comments Off on The Success of Your Company’s Mission Hinges On The Answer To “What’s Your Job?”
11:50 am •
Categories: Corporate Social Responsibility, Employee Involvement •
by admin
You want more green initiatives in your company and so do your employees and consumers. You’d love to give employee rebates for hybrid car purchases or offer transportation stipends, but the funding for these programs just isn’t there right now. It’s taking action (rather than any specific action) that counts. A year ago NetApp was […]
Comments Off on The Alternative Isn’t Nothing, It’s Something New: NetApp’s Free Fix To Going More Green
4:24 pm •
Categories: Build a Purpose-driven Business, Corporate Social Responsibility, Employee Involvement •
by admin
How does good beget good? And what are you doing to tip the domino? In his book, The HIP Investor: Make Bigger Profits by Building a Better World, R. Paul Herman lists employee satisfaction as an indicator of strong investment returns. He points to Wharton finance professor Alex Edmans’ work identifying a “direct positive correlation over […]
Comments Off on Why Investing Smartly Means Choosing Companies With Happy Employees