Archive for the ‘Social_Enterprise’ Category

Watch Out Yammer And Jive, Google Is About To Enter The Social Enterprise Space | TechCrunch   Leave a comment

“The social enterprise has been growing as more and more companies look to incorporate Facebook-like communications among workers. Jive (which just debuted on the Nasdaq), Yammer, and Salesforce are all betting on the social as an integral part of productivity and business processes in the future. And it looks like Google will be entering the space soon. Google’s Vice President of Enterprise Amit Singh tells us that Google will soon bring a more in-depth Google+ social experience to businesses and institutions using Google Apps.

In October, Google announced that Google Apps users could sign up for Google+, allowing businesses and educational institutions to share posts directly to other users within their workgroups and/or universities.

But Google has further ambitions for Google+ in the enterprise, says Singh, and that involves creating a collaborative environment for businesses. Internally at Google, Singh says that the company is already using Google+ as a collaboration platform and it’s going well. “This can become a new social platform for collaboration across Docs, Gmail, video and other apps,” he explains.

Singh explains that there’s a shift towards moving from individual productivity based applications to more social applications, and this is only going to accelerate. Part of 2012 will entail bringing the Google+ social experience to businesses.

“Google+ is the next big thing for the enterprise,” he says.” “We are going to do the same thing with Google+ that we’ve done with Gmail, and other consumer-facing apps so that Google+ can be adopted in more of enterprise setting.”

While Singh says the specifics of how this is going work for businesses with Google Apps is still being developed, he says that in 2012 Google will offer “some good choices for businesses to take advantage of both internal and external communication capabilities.”

Google entering the social enterprise market isn’t particularly surprising considering the search giant’s ambitions when it comes to social. In terms of usage, Google Apps is a major product for the company (Apps now has 40 million users, and 5,000 firms are joining per day, as per Eric Schmidt). What should be interesting is how Google’s communications and collaboration platform for Apps will affect the current leaders in the market such as Jive and Yammer. Stay tuned.”

via Watch Out Yammer And Jive, Google Is About To Enter The Social Enterprise Space | TechCrunch.

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Posted December 24, 2011 by arnoneumann in SocialMedia, Social_Enterprise

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A Quest for Hybrid Companies – Part Money-Maker, Part Nonprofit – NYTimes.com   Leave a comment

An interesting debate on separate sides of social enterprise. This debate and policy development is also evolving in Canada.

“But proponents, like Jed Emerson, a pioneer in developing what he calls “blended value investing,” contend that many of the new organizations do not fit neatly into what have been the accepted models. “Over the last 10 to 20 years, there’s been a host of organization managers and financial investors saying the traditional approach to investing in this bifurcated framework of for-profit and nonprofit doesn’t capture what they’re really trying to achieve,” Mr. Emerson said. “Alternative structures like this allow investors and entrepreneurs to pursue social and environmental impact together with various levels of financial performance.”

via A Quest for Hybrid Companies – Part Money-Maker, Part Nonprofit – NYTimes.com.

Also, more and more companies are incorporating socially beneficial activities into their core business strategies without abandoning their primary goal of making profits. Hewson Baltzell, who oversees product development for MSCI, a data and research firm known for its global indexes, said that while the number of financial investors deploying what were known as “environmental, social and governance” screens to assess investments, “most investors are still not into the double-bottom line.”

Do you need it? No, not necessarily,” Mr. Baltzell said. “The argument for it is probably that when push comes to shove over certain issues, if a social mission was baked into the bylaws, it would be legitimate for a board to allow, in certain cases, that mission to trump shareholder value.”

But charities seeking ways to reduce their reliance on donated dollars are increasingly developing programs that could be mistaken for businesses, and for them, such a structure solves a number of headaches. It gives them access to the capital markets, allows them to pay higher compensation levels and provides potential exit strategies, all unavailable to nonprofits.

Posted October 13, 2011 by arnoneumann in Social_Enterprise

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Big Society Capital names board, CEO and first £1m investment | Social Enterprise   Leave a comment

Transformative….social thinking …social capital .

“Minister for the Cabinet Office Francis Maude said: ‘There are few moments like this when something happens that can really change the world. We’ve all heard about a small charity or social enterprise sweeping away entrenched local social problems. But we have not seen a significant commitment to help social innovations grow and be implemented on the national stage until now.

‘Big Society Capital will undoubtedly change this and unlock the money that charities and social enterprises need to grow when a big opportunity comes along. This government is proud to support this achievement. I want to thank Sir Ronald Cohen and Nick O’Donohoe and everyone else, including the banks, who have made this a reality so quickly.’

Sir Ronald Cohen commented: ‘Today’s launch of Big Society Capital Group marks the culmination of ten years of thought and effort by many individuals and organisations. It is the first of a new kind of organisation devoted to providing finance in the interest of society. The depth and breadth of The Big Society Trust and Big Society Capital boards, combined with an anticipated £600m in initial funding will enable BSC to attract additional capital to the social sector from charitable foundations, institutional investors, companies and private individuals.

Sir Ronald said that innovations such as social impact bonds and a burgeoning array of organisations operating across the social sector ‘suggest that we are on the cusp of a revolution’.

He added: ‘The social sector now has the prospect of attracting funding in the UK to support social entrepreneurs, much as venture capital and private equity did to support business some three decades ago. We very much welcome the equity investment by the Merlin banks and a strategic relationship with them in developing the market for social investment in Britain.’

More announcements on social impact bonds (SIBs) are expected within the next few weeks – with up to four new ‘bonds’ bringing private investors, public and civil society organisations together in a payment-by-results model designed to change the way some of the most challenging social issues are financed. The first SIB is already in operation at Peterborough prison.

To support the early development of Big Society Capital, the Big Lottery Fund has set up an Investment Committee to make some initial investments. Applications for investment should be initially made to the Investment Committee. Details of the fund and application process can be found on the Big Fund website.”

via Big Society Capital names board, CEO and first £1m investment | Social Enterprise.

B Corporation – why   Leave a comment

Social enterprise is recognized in some states in the USA  with a special Benefit (B) Corporation category . A good start. Canada too grapples with the corporate / charity ,  or Not _for_Profit / For-Profit hybrid model.

 

Why B Corps Matter

Our vision is simple yet ambitious: to create a new sector of the economy which uses the power of business to solve social and environmental problems. This sector will be comprised of a new type of corporation – the B Corporation – that meets rigorous and independent standards of social and environmental performance, accountability, and transparency.

As a result, individuals will have greater economic opportunity, society will move closer to achieving a positive environmental footprint, more people will be employed in great places to work, and we will have built stronger communities at home and across the world.

Why are B Corps needed in order to achieve these goals?

B Corporations address two critical problems:

Current corporate law makes it difficult for businesses to take employee, community, and environmental interests into consideration when making decisions; and

The lack of transparent standards makes it difficult for all of us to tell the difference between a ‘good company’ and just good marketing.

B Corporations’ legal structure expands corporate accountability so they are required to make decisions that are good for society, not just their shareholders.

B Corporations’ performance standards enable consumers to support businesses that align with their values, investors to drive capital to higher impact investments, and governments and multinational corporations to implement sustainable procurement policies.

And that’s the change we seek.

via B Corporation – why.

Posted June 26, 2011 by arnoneumann in Social_Enterprise

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Ashoka Changemakers   Leave a comment

“Ashoka is a global association of the world’s leading social entrepreneurs – men and women with system changing solutions for the world’s most urgent social problems. Since 1981, Ashoka has elected almost 3,000 leading social entrepreneurs as Ashoka Fellows, providing them with living stipends, professional support, and access to a global network of peers in 70 countries. With its global community, Ashoka develops models for collaboration and design infrastructure needed to advance the field of social entrepreneurship.

Ashoka Fellows inspire others to adopt and spread their innovations – demonstrating to all citizens that they too have the potential to be powerful changemakers.”

via Ashoka Changemakers.

More information on Ashoka Changemakers’ Week can be found at:  http://www.ashoka-changemakersweek.com/?id_page=home

Posted June 12, 2011 by arnoneumann in Social_Enterprise

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