4 Jul 2011

Social enterprise

social enterprise is any for-profit or non-profit organization that applies capitalistic strategies to achieving philanthropic goals. Many commercial enterprises would consider themselves to have social objectives, but commitment to these objectives is fundamentally motivated by the perception that such commitment will ultimately make the enterprise more financially valuable. Social enterprises differ in that, inversely, they do not aim to offer any benefit to their investors, except where they believe that doing so will ultimately further their capacity to realise their philanthropic goals.
Many entrepreneurs, whilst running a profit focussed enterprise that they own, will make charitable gestures through the enterprise, expecting to make a loss in the process. However unless the social aim is the primary purpose of the company this is not considered to be social enterprise. The term is more specific, meaning 'doing charity by doing trade', rather than 'doing charity while doing trade'. Another example is anuncorporation, which may pursue social responsibility goals that conflict with traditional corporate shareholder primacy, or may donate most of its profits to charity.
More on: http://en.wikipedia.org/wiki/Social_enterprise

NBA™ No Bullshit Approach

We wanted to share this facebook page with you: No Bullshit ApproachTell it like it is / Approach like it is! When’s the last time you got something just because you asked for it? It is a community for people who want to change the world with social business, ecology, love, help, love and respect! Join them!

10 Jan 2011

Businesses can learn from WikiLeaks

WikiLeaks may have exposed some of the inner workings of governments across the world but another repercussion of the story could be the influence it has on businesses, who will be looking long and hard at how to control their internal communications. Sometimes it takes something like the WikiLeaks story to make people sit up and take notice.
There are now many and varied ways in which confidential information can be shared instantly. Legally or not, information travels fast because the nature of publishing has changed.
There is no such thing as a completely secure system. A business generates a huge amount of internal correspondence and documentation, from mundane administration emails to complex plans for growth and productivity, and it is up to companies to understand the risks involved in data breaches and to make their systems as secure as possible. Even the most vigilant businesses, however, should plan for the possibility of confidential data being leaked into the public domain.
In my view, transparency is the best policy. If business leaders are up front with their employees and discuss the danger posed to all organisations by data breaches, they can go on to advise on what information is appropriate to exchange via email or instant messenger tools, and what is not. This process of education should help prevent employees forwarding sensitive material to friends, for example, who may then disseminate the confidences still further. Before they know it, company bosses can be in the midst of a large scale crisis.
It is important to show confidence in your employees to be sensible and help protect the company but, if your business deals with a significant amount of sensitive information, some of that should only be available to staff on a strictly ‘need to know’ basis. Carefully segmented systems ensure that people only have access to what they need to do their jobs effectively and, in the event of a system failing or being breached, limits damage and prevents exposure across the board.
If the worst does happen and data is breached, small business owners must be ready to respond quickly in order to limit damage and regain trust. The likelihood is that, if you don’t run a large, high-profile company, the bad news won’t be splashed over the national media but customer confidence should be the priority, regardless. If the leak is addressed quickly and customers are reassured that everything possible is being done to prevent a similar thing happening again, damage will be minimised.
The WikiLeaks episode has certainly caused a stir in political circles but business leaders will have read the story in a different way; it comes as a salutary warning to companies that tightening the security of internal communications as much as possible should be their first New Year’s resolution.
from: http://www.telegraph.co.uk/finance/businessclub/8249970/Businesses-can-learn-from-WikiLeaks.html