...1. How do the proposed Social Impact Bonds work? Social Impact Bonds are developed as a risk-free way for government to pursue social programs. The process involves five participants: governments, intermediaries, investors, service providers and independent evaluators. Firstly, governments define problems that they want to address. In order to show the feasibility of the decision, governments need to clarify several issues, such as the target population and their need. Also, they are required to analyze the budget and identify an appropriate outcome. After that, governments need to enter a contractual agreement with an intermediary. The intermediary will find outside investors such as banks and individuals to invest in the program. It also needs to hire a non-profit service provider to conduct the program. Then, the independent evaluator will judge whether the outcome meets the standard or not. If the outcome of the program is satisfying and reach the standard of the appropriate outcome that has been set by governments before, governments will repay investors with required return as the result of the successful program (Pettus, 2013). 2. How should Social Finance structure the financial instrument: as a bond? As equity? As some hybrid? In my opinion, the way that Social Finance structures the financial instrument depends on the aims of investors that are attracted. There are three types of investors of Social Impact Bonds. The first group of investors is known...
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...environment and our economy; it is a choice between prosperity and decline” (“Sustainable Development Strategies”, 2009). Sustainability means the balance of three things which are steady business, society and friendly environment. In other words, businesses must show crucial responsibility in terms of environmental impacts and social responsibilities. Consequently, businesses must utilize natural resources carefully, and the economic growth and employment rate of businesses must be increased (“Understanding Sustainability”, n.d.). Therefore, sustainability is an aim of businesses. The Triple Bottom Line or TBL is a significant tool advocating sustainability goals. The concept of TBL emphasizes three things, which are healthy communities (people), clean environment (planet) and stable profitability (profit) (“Slaper & Hall”, n.d.). In contrast with the past, many businesses, nonprofit organizations and government entities tend to follow this guideline. Home Depot is one of the best examples of companies which are following the TBL standard. Home Depot is the world biggest home improvement retailer (“Did You Know”, n.d.). The company was established by Bernie Marcus and Arthur Blank in 1978. The first two stores opened on June 22, 1979, in Atlanta, Georgia. Today, Home Depot has approximately 2,200 branches around the United States. There are 40,000 diverse kinds of home improvement products, appliances, garden supplies and building materials (“Stores, Products, and Services”...
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...(1)Nonprofit organizations deliver critical services, and it is important to devote maximum resources to supporting your cause. That is why it makes sense to ensure your staff and volunteer resources are operating with maximum efficiency. In the nonprofit sector, creating a competitive compensation and benefits strategy is important to attract talent, but developing a total rewards package may be more important. “Employees nowadays are looking at the whole package: ‘What’s my base salary, do I have incentives, what are my benefits, can I telecommute, can I have flex time, can I have a relaxed dress code and is it family-friendly?’” Glantz said. “[If] a not-for-profit can offer what’s considered an attractive total rewards package, [it’s] going to help that company.” The argument now is that these intangibles need to be measured and monitored, and subsequently tied to the bottom line. Re-defining the bottom to include intangibles such as leadership practices, organizational capabilities, and the ability to attract talented people is necessary. In addition, as organizations continue to automate business processes using technology, in order to remain competitive against others that are doing the same, they must now focus on their talent. Additionally, though talent can be cultivated and developed, it can also leave the organization, become sick, de-motivated, and perhaps influence others to behave in ways unfavorable for the organization. Worst of all, talent can deliver the “double-whammy”...
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... differ from for-profit ones and not-for-profit ones? The article tries to answer this question. The social enterprises seem blur the boundary between for-profit and not-for-profit in the objects, while they don’t break though the distinction between for-profit organization and not-for-profit organization, and the rules applied respectively. However the social enterprises can enjoy some special treatment, not base on the form of organization, but on the social benefit of their mission. We should deal with social enterprises and pure business enterprises differently, and shouldn’t ask the later to offer what they needn’t. Key words: Social Enterprises; Corporate Social Responsibility; Community Interest Company; the Triple Bottom Line PartⅠ. Introduction While “corporate social responsibility” is broadly concerned by the public, a new term “Social Enterprise” has been introduced and is gaining its popularity. There are quite a few incubators for social enterprises in practice, and some foundations have put ∗∗ Jin Jinping, Lecture in Peking University Law School. Email: jinjinping@yahoo.com.cn. 1 social enterprises at their priority list of their grantee.1 The term “Social Enterprise” is first used in a report of Organization for European Economic Co-operation,(OEEC) in 1994, indicating the organization aiming to provide job opportunities for low-skilled workers and using both market and non-market resources. Nowadays, social enterprises are...
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...social enterprise and social entrepreneurship.3 It was a for-profit corporation that seemingly did not put profits first. Rather, it pursued, in the parlance, a “double bottom” line, seeking to advance progressive social goals, while still yielding an acceptable financial return for investors. It advanced its social mission in many ways, such as by committing 7.5% of its profits to a charitable foundation; conducting in-store voter registration; and buying ingredients from suppliers who employed disadvantaged populations.4 Ben & Jerry’s founders, Ben Cohen and Jerry Greenfield, held out their double bottom line approach (they called it the “double-dip”) as a model for others who wished to “Lead With [their] Values and Make Money, Too.”5 * Professor of Law at Indiana University School of Law—Indianapolis. ** Professor of Law at Indiana University School of Law—Indianapolis and Professor of Philanthropic Studies at the Indiana University Center on Philanthropy. † Thanks to the organizers of the symposium “Corporate Creativity: The Vermont L3C & Other Developments in Social Entrepreneurship,” and the editors of this Article: Merrill Bent, Emily Montgomery and Sofia Yazykova at the Vermont Law Review. Thanks also to research assistants Jonathan Lund and Phillip Triplett. 1. BEN COHEN & JERRY GREENFIELD, BEN & JERRY’S DOUBLE DIP: LEAD WITH YOUR VALUES AND MAKE MONEY, TOO 13 (1997). 2. Kevin Jones, Selling vs. Selling Out, STAN. SOC. INNOVATION...
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...A PROJECT REPORT ON SOCIAL ENTREPRENEURSHIP SUBMITTED BY APOORV CHITNIS FOR THE DEGREE OF THE BACHELOR OF MANAGEMENT STUDIES UNIVERSITY OF MUMBAI UNDER THE GUIDANCE OF PROF. BHUMIKA MORE SIES COLLEGE OF ARTS, SCIENCE AND COMMERCE, NERUL, NAVI MUMBAI-400706 ACADEMIC YEAR 2011-2012 DECLARATION I, APOORV CHITNIS, studying in T.Y.B.M.S, of S.I.E.S COLLEGE OF ARTS, SCIENCE AND COMMERCE, NERUL hereby declare that I have completed the project on SOCIAL ENTREPRENEURSHIP in the year 2011 – 2012 as per the requirements of Mumbai University as a part of Bachelor in Management Studies (B.M.S) programme. DATE: PLACE: NAVI MUMBAI __________________ APOORV CHITNIS CERTIFICATE I, BHUMIKA MORE hereby certify that APOORV CHITNIS student OF S.I.E.S COLLEGE OF ARTS, SCIENCE AND COMMERCE, NERUL has completed his field work project on the topic of “SOCIAL ENTREPRENUERSHIP” in the Academic Year 2011-12. The project is based on bonafide information. _________________ _______________ ______________ Prof. Bhumika More Prof. Smita. R Dr. Rita Basu (Project Guide) (BMS Coordinator) (Principal) ________________ External Examiner ACKNOWLEDGEMENT My thanks to my project guide, Prof. Bhumika More for assisting me in every way possible and gently steering...
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...By my 28th birthday I was a "Millionaire." What I did and what I added was I started investing in businesses and actual companies and startups, in addition to real estate. I will always do real estate, but I started adding these other things to it. I started some companies and sold some companies and I run some companies today. You asked specifically for some names and you talked about Thrive. Although that is an event as I am sure you know, running a conference is a business. It has employees and leads, marketing, income and outcome. So, bottom line is, I do Thrive and it’s a big conference. I still own my real estate business that is called Domonique Woodys Group and I have owned that the longest. All though, I am maybe only doing 15 percent of what I used to do in that business. I invest in a lot of startups and I could list those off if you would like. I sold a company called Legal Stop Sale Group, which was, we would help individuals who were facing foreclosure and behind on their mortgage payments and evaluate if the banks were foreclosing on them legally. So, it was not a sexy business, but it did make me a lot of money and I excited successfully from...
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...New Media & Society, forthcoming Modeling the adoption and use of social media by nonprofit organizations Seungah Nah; Gregory D. Saxton Seungahn Nah and Gregory D. Saxton. (forthcoming). Modeling the adoption and use of social media by nonprofit organizations. New Media & Society, forthcoming. Abstract: This study examines what drives organizational adoption and use of social media through a model built around four key factors – strategy, capacity, governance, and environment. Using Twitter, Facebook, and other data on 100 large US nonprofit organizations, the model is employed to examine the determinants of three key facets of social media utilization: 1) adoption, 2) frequency of use, and 3) dialogue. We find that organizational strategies, capacities, governance features, and external pressures all play a part in these social media adoption and utilization outcomes. Through its integrated, multidisciplinary theoretical perspective, this study thus helps foster understanding of which types of organizations are able and willing to adopt and juggle multiple social media accounts, to use those accounts to communicate more frequently with their external publics, and to build relationships with those publics through the sending of dialogic messages. Keywords: social media, new media, nonprofit organizations, Facebook, Twitter, technology adoption and use, diffusion of innovation, dialogue, organization-public relations Modeling the Adoption and Use of Social Media 2 ...
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...Assignment criteria • CSR (Corporate Social Responsibilities) • CSR practices in Bangladesh. • CSR in Banking sector ( Education , Health care, Social development) • Principals of CSR • Advantages of CSR • Disadvantages of CSR + ` Corporate Social Responsibilities Corporate Social Responsibilities simply means business giving back to the society. Corporate social responsibility is the commitment of business to contribute to sustainable economic growth, working with employees, their families, the local community and society at large to improve their quality of life. It is comparatively and speedily developing trend. But the CSR is not only simply a communality activity, although this the most visible part of ethics of an organization and has a core values. The field of responsible business practice is one of the most speedily budding corporate today. Now companies have to build shareholder value while harmonizing the increasing, ethical, social and environmental expectation of the society. In a nutshell, today companies have to make profits with principle, which will ultimately need companies to be more transparent. There is a consciousness that being responsible can actually be good for a company’s reputation and for a business. CSR particles in Bangladesh A socially responsible business environment is as much needed in Bangladesh as anywhere else. It’s really needed in a developing country like Bangladesh. In developing...
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...SALES, DEMOGRAPHIC AND USAGE DATA 2010 ESSENTIAL FACTS ABOUT THE COMPUTER AND VIDEO GAME INDUSTRY © 2010 ENTERTAINMENT SOFTWARE ASSOCIATION WHAT’S INSIDE WHO IS PLAYING 2 4 5 6 Who Plays Computer and Video Games? How Long Have Gamers Been Playing? Parents and Games Parents Play Games AT PLAY 7 7 8 9 9 9 9 2009 Computer and Video Game Sales by Rating What Were the Top-Selling Game Genres in 2009? What Were the Top-Selling Games of 2009? Who Plays Games Online? How Many Gamers Play Games Online? What is the One Type of Online Game Played Most Often? How Many Americans Play Games on Wireless Devices? THE BOTTOM LINE 10 11 11 Recent Sales Information (2008 and 2009) Historical Sales Information (1996 – 2009) How Many Americans Plan to Buy Games in 2010? WHO WE ARE 12 12 About the ESA ESA Members OTHER RESOURCES 13 ESA Partners ALL DATA IN THIS DOCUMENT IS FROM THE ESA’S 2010 CONSUMER SURVEY UNLESS OTHERWISE NOTED. The Entertainment Software Association (ESA) released its 2010 Essential Facts About the Computer and Video Game Industry at the 2010 E3 Expo. The annual research was conducted by Ipsos MediaCT for the ESA. The study is the most in-depth and targeted survey of its kind, gathering data from almost 1,200 nationally representative households that have been identified as owning either or both a video game console or a personal computer used to run entertainment software. WHO IS PLAYING GAMER DEMOGRAPHICS WHO PLAYS COMPUTER AND VIDEO...
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...Chapter 01 The Exceptional Manager: What You Do, How You Do It True / False Questions 1. | Virginia Rometty, CEO of IBM, believes that her success is due in part to her ability to take risks. True False | 2. | Exceptional managers have a gift that cannot be taught. True False | 3. | Management includes integrating the work of people through planning, organizing, leading, and controlling the organization's resources. True False | 4. | To be efficient in management means to use resources wisely and cost effectively. True False | 5. | Efficiency and effectiveness are terms used interchangeably and equivalently in management. True False | 6. | Automated telephone systems are typically both very effective and very efficient. True False | 7. | An effective manager has a multiplier effect on the organization, meaning his or her influence is multiplied beyond the results achievable by just one person. True False | 8. | John Hammergren's compensation of $145 million in 2010 as CEO of health care technology firm McKesson is typical for CEOs in North America today. True False | 9. | Studying management is likely to help you once you are in a manager role, but is unlikely to be beneficial before then. True False | 10. | One of the payoffs of studying management is an improved understanding of how to deal with organizations as a customer. True False | ...
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...assortment, packaging, and guarantees. Price is the amount you will charge customers for the products or services. Promotion is how you will create awareness of your products or services in the marketplace; advertising, publicity, and sales are aspects of promotion. Place (distribution) is how you will bring your products or services to your customers; distriMarketing Synergies bution comprises wholesalers, retailers, multilevel marketers, and “The most effective and efficient marketing plans are sales representatives. The marthose that maximize the synergy between products, distriketing mix is a set of tools and bution channels, price, and promotion. A unified promotechniques social enterprises use tional strategy across an entire product line saves money to achieve their marketing objec- and presents a consistent image of the enterprise in the tives in their target market. Your consumer’s mind. From a selection of complementary marketing plan will emphasize cer- products, significant economies of scale in raw materials tain “P’s” in its mix more than oth- and...
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...economies successfully evolve, and cycles of scarcity are broken (Coleman 13). However, the challenges are still strikingly large. In the Middle East, sub-Saharan Africa and South Asia, particularly, persistent gender gaps keep females from being really productive members of society (Coleman 13). Entrenched sex prejudice remains a leading feature of life for the majority of the world’s bottom two billion people, helping sustain the gulf between the most deprived and everyone else on the planet (Coleman 13). Narrowing that gulf requires the involvement of the international major organizations. Not simply does the global private sector have more money than some governments organizations, but it can use crucial leverage with its popular labels and by expanding promises of investment and employment. Some organizations already promote initiatives focused on women as part of their corporate programs (Coleman 13). But the really transformative shift - for global businesses and for females internationally – will happen when the organizations recognize that empowering women positively influences their bottom lines (Coleman 13). The Glass Ceiling The impassable obstacles between female employees and the executive suite were reported in the report issued by the Glass Ceiling Commission in 1995 (Johns). The glass ceiling is a concept, which was initially introduced in the 1980s (Johns). In fact, it is a metaphor for the artificial obstacles, which prevent females and minorities from climbing...
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...CHAPTER 8 DATAMATION BRIDGING THE DIGITAL DIVIDE Chetan Sharma setup Datamation Consultants in August 1987 with 50,000 rupees (Rs). By 2003, he was at the head of a company with an asset base of Rs 58 crores (USD 12.7 million that year, 2003; a crore is equivalent to Rs 10 million). Chetan believes his company has shown a model for bridging the digital divide, a model that he wants to sustain as the company grows. Datamation Consultants was started with the dear aim of facilitating the inclusion of the disadvantaged in the workplace. Specifically, Datamation uses information technology (IT) training to extend job opportunities to women from socially or economically Wily disadvantaged backgrounds. Today, Datamation Consultants has 1,880 employees in 30 offices across India and more than 600 clients across ±e globe. About 30 percent of its employees are women from disadvantaged backgrounds. Datamation was one of the earliest data mining companies in the Country A data mining company maintains its own database, and occasionally buys data from other sources, depending on its client's needs, ft then sifts through the information, analyzes it, and identifies trends and patterns that add power to the client2s direct marketing effort. However, data mining is only one of the things Datamation does. Its services include software solutions, Web-based solutions, and business advisory services. 'I wanted to exploit the power of databases for marketing gains," says Chetan. "The concept...
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...http://workbank247.com/q/bus-475-complete-course-bus475-complete-course/25712 BUS 475 Week 1 Discussion "Assessing Stakeholder Positions" Please respond to the following: * Apple is about to release its latest technology. The company needs to develop a plan to communicate with key stakeholders about the release. You have been tasked with identifying those main stakeholders and selecting the method for communicating with each group. Summarize your plan in a two to three paragraph post. BUS 475 Week 1 Quiz 1 * Question 1 | | | All of the following are external stakeholders of the firm except: | | | | | | | | | * Question 2 | | | Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are: | | | | | | | | | * Question 3 | | | When something stands out from a background, is seen as important, or draws attention it is: | | | | | | | | | * Question 4 | | | With the explosive growth of technologies that facilitate the sharing of information, this kind of stakeholder power has become increasingly important: | | | | | | | | | * Question 5 | | | Which argument says that stakeholder management realistically depicts how companies really work? | | | | | | | | | * Question 6 | | | A firm subscribing to the ownership theory of the firm would mainly be concerned with providing value...
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