Recent decades have seen a significant transformation of the not-for-profit (NFP) sector. This includes rise in the number of organisations and people employed, shift from charities and philanthropic agencies to hybrid social enterprise business models, competing stakeholder interests and increasing
Powering Social Enterprise with Profit and Purpose: The Tandem Hybrid
β Scribed by Scott Boyer, Jeremy Gudauskas, Mike Hamel
- Publisher
- Routledge
- Year
- 2023
- Tongue
- English
- Leaves
- 207
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
Trail-blazing social entrepreneurs are tackling the worldβs most pressing problems that government, business, or charity have failed to solve. They are creating businesses with a primary mission of social change. Scott Boyer is one such social entrepreneur. This 28-year veteran of Big Pharma left a six-figure salary to start OWP Pharmaceuticals and the ROW Foundation. This commercial business and non-profit organization exist in a symbiotic relationship we call a "tandem hybrid social enterprise." This model combines a multimillion dollar business with a foundation thatβs on track to become the largest funder of projects serving people with epilepsy and associated psychiatric disorders in the world.
The tandem hybrid incorporates the principles learned by Scott and others for building a truly unique social enterprise from the ground up; one that is:
- Driven by a compelling social mission
- Financed by commercial success
- Structured to retain control
- Scalable and sustainable for the long haul
Powering Social Enterprises With Profit And Purpose offers a detailed blueprint that has proven commercially and philanthropically successful and that can be replicated in most business sectors.
β¦ Table of Contents
Cover
Half Title
Title Page
Copyright Page
Dedication
Table of Contents
List of illustrations
Foreword
Acknowledgements
About the Authors
Introduction
PART I: Commercial and Social Enterprises
1. For Profit: Commercial Enterprises
2. For Purpose: Social Enterprises
3. Combining Profit and Purpose: Hybrid Social Enterprises
4. The Next Level: Tandem Hybrid Social Enterprises
PART II: Building Tandem Hybrid Social Enterprises
5. Driven by a Compelling Social Mission
6. Financed by Commercial Success
7. Structured to Retain Control
8. Scalable and Sustainable for the Long Haul
PART III: Lessons from History
9. The Hershey Company and Mars Inc.
10. Hormel Foods Corporation and Tyson Foods
11. H. Lundbeck & Co and Novo Nordisk
12. AstraZeneca and the Upjohn Company
PART IV: A Call to Action
13. Move the Needle: How You Can Advance the Social Enterprise Movement
Index
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