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?
At college campuses, FeelGood creates grilled-cheese social entrepreneurs who make money slinging melty deliciousness and then give a portion of their proceeds to fight hunger. In 2006, Walter and Apud launched FeelGood as a nonprofit, allowing students at universities across the country to open FeelGood grilled cheese delis. All the cash that the students raise goes to two organizations–The Hunger Project and CHOICE Humanitarian–that focus on ending hunger through sustainable practices.” We don’t [work with] too many organizations because we want to be able to have an impact,” explains Kern Beare, director of the Changemaker Academy at FeelGood. Students don’t just run … Continue reading Feel Good’s Grill Cheese Model Slices Out Education and Entrepreneurship
As reported by Alex Davies, on Treehugger, the Hiriko, which means ‘Urban” in the Basque region of Spain, is set to go into limited production for a test release of approximately 20 cars next year. The impetus behind the project: if city dwellers won’t give up their non-public transportation devices, they need to be made as “energy and space efficient as possible.” The design, based on the MIT foldable City Car prototype: seats two has a range of more than 60 miles has four-wheel drive contracts to just under 5 feet long via its collapsible wheelbase! In his L.A. Times Wheels Blog, PHIL … Continue reading Smarter than a Smart Car? How about one that folds up after use? It’s About to go into Production.
In her Blog Post, Jessica Santana, follows three trending tools in Rural/BoP models which, “currently show great promise in terms of financial self-sustenance, scalability, and provision of tangible social benefits to low-income people.” Non-financial services via mobile devices: health, agricultural, and other information Africa embodies the promise of mobile communication. Mobile cellular subscriptions in Africa have skyrocketed from 11 million to 333 million over the past ten years. Nearly half of all African villages are covered by mobile networks. Africa has led the world in the adoption and penetration of mobile-based money transfer solutions. Nearly all of the … Continue reading Mobile Technology, Kiosks, and Last Mile Distribution: Three Trends in Rural/BoP Social Enterprise
Dion Hinchcliffe, of the Dachis Group, presents a great diagram depicting the rise of social business from the ashes of the corporate model. He attributes this evolution to the “Shirky Principal, ” When markets change and the economic rules evolve — as they always do — companies that have an excessively vested interest in the status quo don’t bend or adapt to new ways of doing things. Instead, they usually break. This has been called the Shirky Principle, namely that “institutions will try to preserve the problem to which they are the solution.” When you have a global business environment … Continue reading From the Ashes of the Smoldering Corporate Business Model, The Rise of the Social Business Model: A Diagram
As reported in the October 10, 2011 L.A. Times, Governor Brown has signed California Assemblyman Jared Huffman’s, Bill AB 361 into law, allowing B Corporation to join Hawaii, Maryland, New Jersey, Vermont and Virginia, in legally operating in the State of California. Without this legal protection, says B Lab Co-Founder Jay Coen Gilbert, by prioritizing social (environmental and other sustainable) outcomes, California B Corporations were operating in what could have been considered opposition to the fiduciary duty to “maximize value to shareholders even if that comes at the expense of workers or the community or the environment.” Gilbert also notes … Continue reading Brown Signs Law for B Corp’s in California…Will Venture Capital Follow?