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m icro presentation What is social business?

m icro presentation What is social business?. What is social business? – The basics. A new branch of capitalism… a structure featuring Motivation to address market failures Self sustaining business model Reinvests surplus funds or returns dividend

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m icro presentation What is social business?

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  1. micro presentationWhat is social business?

  2. What is social business? – The basics A new branch of capitalism… a structure featuring • Motivation to address market failures • Self sustaining business model • Reinvests surplus funds or returns dividend • Pays market competitive wages and above market employee conditions

  3. What is social business? – The details Conjecture of the definition inclusions/exclusions of social business/entrepreneurship… Prof. Yunus “Reinvest all surplus funds, investors seek SROI not ROI, type 1 and type 2” Elkington & Hartigan “Can return some profit, 3 models for SE – leveraged non-profit, hybrid non-profit, social business”

  4. What is social business? – My twist Social business as an ethical approach to business… Not only suitable for BOP “poor people” • Part of a wider sustainability shift in capitalism • Business that tackles social & sustainability issues • Creates shared value • Self-sustaining business model • Often multi-sided business model for strongest economic sustainability, legitimacy and reach

  5. What is social business? – Examples Aravind eye care http://www.aravind.org/ Naandi safe water http://www.naandi.org/straight_from_heart/safewater_15c.aspx Grameen Adidas http://www.thedailystar.net/newDesign/news-details.php?nid=130925 Grameen Bank http://www.grameen-info.org/ Star Shea http://www.starshea.com/ & http://www.grameencreativelab.com/live-examples/social-business-initiative-in-ghana-starshea-ghana.html

  6. Further reading M. Yunus “Building Social Business”, Public Affairs J. Elkington & P. Hartegan“The Power of Unreasonable People”, Harvard Business Press U. Haque “The New Capitalist Manifesto”, Harvard Business Review Press http://www.yunuscentre.org/ http://www.grameencreativelab.com/ http://www.skollfoundation.org/ http://www.ashoka.org http://bamboozling-bombay.com/social-business/

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