Social Entrepreneurship will sponge down Profit Entrepreneurship?
Abhishek kumar
CSR Leader-Advisor-Founder-Mentor-IIM-L, IIT-D, BHU, LG, U-Turn4Nature, Honda-Samsung-MNCs-PSUs- NGOs-Modern Gramodyog #100MillionWomen
A social entrepreneur identifies and solves social problems on a large scale. Just as business entrepreneurs create and transform whole industries, social entrepreneurs act as the change agents for society, seizing opportunities others miss in order to improve systems, invent and disseminate new approaches and advance sustainable solutions that create social value.
Unlike traditional business entrepreneurs, social entrepreneurs primarily seek to generate "social value" rather than profits. And unlike the majority of non-profit organizations, their work is targeted not only towards immediate, small-scale effects, but sweeping, long-term change.
It seems that business houses are supporting social enterprising but in reality this is only safety valve ? Just like burning oil on the top of the water. We know relation between fire and water.
I will be glad to hear from you
Mental Health Counselor, Wellness Coach, Social and Behaviour Change Specialist, Capacity Building and Life skill Development Trainer
6 年I agree with you. I always want to be a social entrepreneur.. but need guidance..
Co-Founder and Director, Ecociate Consultants Pvt. Ltd.
7 年Well said Abhishek, but the real essence of social entrepreneurship lies in the path towards sustainability. We look at social enterprises from a different perspective. While business principles will always prevail for any enterprise, using up any resource without replenishment is also not an business principle. Only that typical enterprises (not social) do not realize that they are using up resources too fast. Thus big corporate houses are realising that profits alone will not help them grow, hence survive and hence remain profitable. In order to sustain in the long run, every enterprise must become a social enterprise.
Environment & Sustainability Promoter | IGBC AP | Engineer turned Marketer | Sales Enabler |
7 年Well demonstrated Abhishek