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August 28 What is Social EnterprisesInstead of establishing a NGO, my friend Boom build a social enterprises easily. What is Social Enterprises? Wikipedia rocks again: Social enterprises are social mission driven organizations which trade in goods or services for a social purpose. Their aim 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. Rather than maximising shareholder value, their main aim is to generate profit to further their social and environmental goals. Therefore some commentators describe them as 'not-for-profit' as their profits are not (at least primarily) distributed to financial investors. Others dislike the term as it suggests they have an unbusinesslike attitude. about TBL triple bottome line: people, planet, profit In John Elkington 's 1998 book Cannibals with Forks: the Triple Bottom Line of 21st Century Business, TBL means economic, ecological and social. TrackbacksThe trackback URL for this entry is: http://lizzy1443space.spaces.live.com/blog/cns!9E7F92DDF8679CBF!4076.trak Weblogs that reference this entry
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