News on The Edge Welcome to the Social Edge update! Why are mergers among social enterprises so rare? The first answer that comes to mind is that social entrepreneurs have personally invested a lot of who they are in their ventures, and ego has to be a large part of the explanation. Social entrepreneurs may also be reluctant to develop a shared vision, as they are quite passionate about the aspirations of their own enterprise. And giving up total independence might feel like a sacrifice. “The absence of any profit motive means also that there is frequently little impetus to merge – or if there is, it is not of the same magnitude as in the private sector,” adds Rod Schwartz, the CEO of ClearlySo in London, who is moderating this week’s discussion as well as Muhammad Yunus and Social Business. Ego? Jonathan Lewis thinks that Rule #2 in his Five Rules for Personal Philanthropy should be to “check your ego at passport control: philanthropy is ultimately not about the ME.” Sometimes, he adds, our need to be recognized or to be directly involved can even get in the way of good philanthropy. Passion? Parag Gupta wonders if passion is really necessary to create change: “Yes - it is important but no more than in any other profession - and it is definitely not the only criteria!” You must be able to share both your story and your impact metrics with the same level of enthusiasm. Expectations? Magogodi Makhene, who was born and raised in South Africa, thinks that expectations of what she could do seldom had much to do with her gender. But then she wonders why she sometimes finds herself confronted with “gender-equality issues from my post-modernist, post-feminist, post-issues perch of twenty-first century New York City.” Dr. O explains how you can conduct an online auction to raise money, while Curtis Chang shares his Expert Advice on how to do more with less (hint: use others). Untangled explains why big is really better. His motto: KISS –Keep It Short and Sweet. David Bornstein and Susan Davis join Social Edge to address some of the most common challenges that social innovators face.This week: How social entrepreneurs finance their ideas. Yes, with passion, a strong ego, and unrealistic expectations! Join this Week's Live Discussions Mergers in Social Entrepreneurship Why are mergers so rare –is it because of our ego and our reluctance to give up independence? Or is it the lack of profit motive? Join Rod Schwartz, CEO of ClearlySo, in the conversation. The Case against Corporate Social Responsibility Is Corporate Social Responsibility mostly irrelevant, a façade with some social benefits, or a major corporate initiative, urgently needed? Charles (Hipbone) Cameron dissects a recent provocative Wall Street Journal article. The Social Enterprise Review How can we unlock the US$120 billion untapped market for impact investment? Should we first evaluate the impact social enterprise is having? Rebecca Petzel, Hope Neighbor and Kevin Jones provide answers. Muhammad Yunus and Social Business Is there room for several definitions of a social enterprise? Is there more than the Grameen approach to enabling the social economy? Join Rod Schwartz, CEO of ClearlySo, in a provocative conversation. Do you have suggestions for Social Edge or for this newsletter? Send us feedback. You can remove yourself from this list at any time. Hope to see you on The Edge and on Twitter @socialedge! Victor d’Allant Executive Director, Social Edge 250 University Avenue Palo Alto, CA 94301 |
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