Social Enterprise and Entrepreneurship
Tue, 06/16/2009 - 12:06 — sccidaho
- Confusion to Clarity
- Competition to Collaboration
- Chaos to Coordination
- Caution to Courage
- Conflict to Consensus
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Social Enterprises are social mission driven organizations which trade in goods or services
for a social purpose. Their aim is to accomplish targets that are social and environmental as
well as financial is often referred to as having a triple bottom line.
Social enterprises are profit-making businesses set up to tackle a social or environmental need. They often use blended value business models that combine a revenue-generating business with a social-value-generating structure or component. Many commercial businesses would consider themselves to have social objectives, but social enterprises are distinctive because their social or environmental purpose is central to what they do.
Social Entrepreneurship is the work of a social entrepreneur. A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change. Whereas a business entrepreneur typically measures performance in profit and return, a social entrepreneur assesses success in terms of the impact s/he has on society.
