Tag Archives: business

Business as a source of Social Innovation: part 1- New products, services or markets

In what ways can businesses be a source of social innovation? There are three broad areas where socially innovative businesses should focus their efforts: New products, services or markets; Environmental stewardship; Social well-being of their employees and the communities in which they operate. Continue reading

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Posted in CSR & Sustainability, Marketing, Social Business, Social Innovation, Strategy | Tagged , , , , | 1 Comment

The perils of being optimistic and overconfident

Optimism drives you to persevere in the face of adversity, when the odds are against you. It gives you resilience. There is also a negative side to optimism. Be wary. Optimism is “widespread, stubborn, and costly…the optimism bias may well be the most significant of the cognitive biases.” Continue reading

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10 Ways to reduce global poverty according to Paul Collier and C.K. Prahalad

This blog post is a follow-up to last week’s discussion about Collier and Prahalad’s respective perspectives on international development. It looks at 10 suggestions to reduce global poverty. Continue reading

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How to help the poorest of the poor, C.K. Prahalad VS. Paul Collier

I believe both Paul Collier and C.K. Prahalad’s solutions to ending poverty are valid yet neither one of them, alone, will end global poverty. Combined, they can have a lasting effect on the world in which we live. Continue reading

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Do you have what it takes to be a social entrepreneur? 5 essential qualities of a social entrepreneur

Tweet So you want to change the world and become a social entrepreneur? Before going too far in your new venture, make sure you possess these five essential qualities: 1. Unwavering Perseverance: Starting a successful business is hard. Starting a … Continue reading

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Twitter, Facebook or LinkedIn: what, when and why

You’re busy, still resisting social media or already an adept but only using 1 or 2 of these popular tools. Here’s my take on it. Continue reading

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Finding your passion- lessons learned from a personal journey from business to social innovation

I rarely get very personal in my blog but my son will be leaving town at the end of the summer to go to university and I thought it might be interesting to reflect on some of the good and the bad career choices I made and extract a few lessons! Continue reading

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The surge in interest in social enterprises: what’s driving social innovation?

Something is changing in the world of social entrepreneurs. Social innovation, new ideas to meet social needs, is gathering momentum among traditional businesses. Continue reading

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Strategic planning: who to involve and when?

Strategic planning should be inclusive. Involving the right people at the right time is key to generating diverse ideas, stimulating innovation and ensuring buy-in. Continue reading

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Trust as driver of prosperity: an economist’s perspective

I recently listened to David Rose of the University of Missouri, St. Louis speak on an EconTalk Podcast about his new book: The Moral Foundation of Economic Behavior. I found the topic refreshing and the argumentation convincing: Rose reasons that “morality plays a crucial role in prosperity and economic development.” Continue reading

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