What’s the percentage of effectively executed Strategic Plans? According to Fortune 500 Magazine, it’s less than 10%. In his article, The Balanced Scorecard: From Strategic Plan to Effective Execution, in Charity Village, John Paul de Silva, promotes the use of the balanced scorecard method, which as its name suggests, balances the strategic plan map among four areas of operations: “earning and growth, internal processes, customer (or in the case of nonprofits, funding source), and financial.” de Silva quotes, Clinton Free of the Queen’s School of Business, who states that “quantifying a strategic plan into measurable terms results in the development of success markers that can … Continue reading Less Than 10% of Strategic Plans Are Executed (How Nonprofits Can Use the Balanced Scorecard Method to Succeed)
As reported by Cone, Inc., in late August, this year’s Back to School, included a bevy of cause related initiatives from Corp’s ranging from Target to JC Penney. The Give with Target, campaign allowed Facebook users to ask for votes for their favorite school on a Cause page; for every 25 votes, the Company donated a $25 gift certificate to the school for up to $10,000 per school. This is part of Target’s commitment to raise $1 billion for K-12 education by 2015. So far they have raised $2.5 million for American Schools. The large reach potential of … Continue reading Back to School CSR Initiatives: Does Mega Brand Cause Marketing always = Sustainable Social Change?
Reporting for Triple Pundit on a story in Sustainable Business, Akhila Vijayaraghavan, reveals how the Company, a “massive proponent of renewable energy” has created a partnership with Lifecycle Renewables, to recycle and refine used waste oil and power the kitchen with LR100, the resultant biodiesel fuel. The initiative is part of Whole Foods’ goal to lower its total energy consumption by 25 percent by 2015. The initiative’s impact could result in “a diversion of 156,000 gallons of waste oil per year”, cutting approximately 20 percent of the Company’s energy and waste disposal costs. In addition refining the waste oil “reduces emissions by about 80 percent when … Continue reading Whole Foods Kitchen Uses its Waste Oil to Generate its Electricity, And Cut Energy Costs
Today on TechCrunch, LEENA RAO reports on AngelList, the ” incredibly powerful (and disruptive) platform in the investing world” that connects start-ups and investors in a “hybrid social network, communication and crowdsourcing platform.” With the release of “Docs,” which consists of: a standard term sheet automatically generated closing documents tools such as: electronic signatures, wire management, PDF generation, etc. The two groups now have a means to close an actual transaction online. The advantages: “For a seed stage round, legal fees can be upwards of tens of thousands of dollars, which is costly for a bootstrapped startups. Docs aims to eliminate some of the complexity of the … Continue reading Via TechCrunch: “AngelList Launches Docs To Help Startups Sign And Close Seed Rounds Online With Low Legal Fees”
What is enp? Enterprising Non-Profits (enp) is a unique, collaborative program that promotes and supports social enterprise development and growth as a means to build strong non-profits and healthier communities. The website offers ‘How To’ toolkits, including Creating Feasibility Studies and Business Plans, and includes modules on Leadership, Marketing and Operations. Note: The legal advisement (taxes, set-up) is based on Canadian law. However, the tools are useful for earned revenue ventures anywhere outside of the Great White North. Explore the organizations and its offerings @: enp … Continue reading Everything Social Enterprise + Nonprofit: ‘Enterprising Non-Profits’ Gives You the Tools for Your Charitable Organization’s Earned Revenue Ventures
The Skoll Foundation has recently completed a short film about the field of social entrepreneurship. It’s a great overview of the progress made over the last three decades. It starts with Mohammad Yunus and includes interviews with a number of social entrepreneurs and others in the field, including Sally Osberg of the Skoll Foundation, Bill Drayton of Ashoka, Jacqueline Novogratz of the Acumen Fund, John Elkington of Volans, and author David Bornstein. For more information on these and other social entrepreneurs, visit the Skoll Foundation Continue reading Great SOCENT Primer: Skoll Foundation Video on Three Decades of the Development of the Field
Social Enterprise Alliance (SEA) is the champion for social enterprise in the United States. Our aim is for social enterprise to reach its full potential as a force for positive social change, in service to the common good. To achieve this purpose, we provide social enterprises with the tools and resources they need to succeed, and work on building an optimal environment in which they can thrive. SEA’s Western Summit is taking place soon in Los Angeles. More on the Western Summit: Big Picture Convene with 300 other social enterprise practitioners … Continue reading SEA Summit Coming Soon to the Southland