Abstract
This chapter reviews some of the most well-known social business cases as well as social business literature, complemented with qualitative interviews with social business entrepreneurs and practitioners to identify common challenges, risks and opportunities from a management and financial perspective. An analysis of that literature and these interviews allows us to identify issues faced by social business practitioners that are not unique to them, along with others arising from the very concept of the social nature of their ventures.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Acumen Fund. (2013). Investment performance. http://www.acumenfund.org/investments/investment-performance.html. Retrieved 25 Feb 2013.
Americans for Community Development. (2013). Laws. http://americansforcommunitydevelopment.org/laws. Retrieved 26 Mar 2013.
Ashoka. (2013). Fellows. https://www.ashoka.org/fellows. Retrieved 12 Feb 2013.
Baker, D. (2007). Strategic change management in public sector organisations. Oxford: Chandos.
Baker, H. K., & Nofsinger, J. R. (2012). Socially responsible finance and investing: Financial institutions, corporations, investors, and activists. New York: Wiley.
B-Corporation foundation. (2013). http://www.bcorporation.net/what-are-b-corps/legislation. Retrieved 5 June 2013.
Bell, J., Masaoka, J., & Zimmerman, S. (2010). Nonprofit sustainability: Making strategic decisions for financial viability. San Francisco: Jossey-Bass.
Benefit Corp Information Center. (2013). Third party standard. http://www.benefitcorp.net/selecting-a-third-party-standard/list-of-standards. Retrieved 26 Mar 2013.
Bornstein, D. (2007). How to change the world: Social entrepreneurs and the power of new ideas (Updated edition). New York: Oxford University Press.
Brooks, A. C. (2008). Social entrepreneurship. New York: Pearson/Prentice Hall.
Clark, J. W., & Vranka, L. (2012). The need and rationale for the benefit corporation. Benefit Corp. Information Center. http://benefitcorp.net/for-attorneys/benefit-corp-white-paper. Retrieved 27 March 2013
Community Action of Ventura County. (2013). Programs. http://www.ca-vc.org/Programs/Energy.aspx?menu=2. Retrieved 27 Mar 2013.
Cupitt, S. (Ed.). (2009). A guide to Social Return on Investment. UK: Cabinet Office, Office of the Third Sector.
Danone Communities. (2011). http://www.danonecommunities.com/sites/default/files/dc_story_updatesept_2011.pdf. Retrieved 20 Feb 2013.
Dees, J. G. (1998). The meaning of social entrepreneurship. Comments and suggestions contributed from the Social Entrepreneurship Funders Working Group.
Drucker, P. F. (1990). Managing the non-profit organization: Principles and practices. New York: HarperCollins.
Elkington, J., & Hartigan, P. (2008). The power of unreasonable people: How social entrepreneurs create markets that change the world. Cambridge, MA: Harvard Business Press.
European Commission. (2011). Communication – Social business initiative. http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2011:0682:FIN:EN:PDF. Retrieved 20 Feb 2013.
Global Alliance for Banking on Values. (2012). Our principles. Retrieved February 25, 2013, from http://www.gabv.org/about-us/our-principles
Grameen Creative Lab. (2013). Follow up report GSBS. http://www.grameencreativelab.com/news/follow-up-report-global-social-business-summit-2012-released.html. Retrieved 15 Mar 2013.
Grameen Shakti Press Release. (2012, November 30). http://www.gshakti.org/index.php?option=com_content&view=article&id=190:onemillionshs&catid=47:news-and-media&Itemid=73. Retrieved 15 Feb 2013.
Hanna, J. (2010). The hard work of measuring social impact. Research & Ideas – Harvard Business School. http://hbswk.hbs.edu/item/6401.html. Retrieved 25 Mar 2013.
Humberg, K. (2011). Poverty reduction through social business? Lessons learnt from Grameen joint ventures in Bangladesh. München: Oekom verlag.
IBM, Social Business. (2013). http://www.ibm.com/social-business/us/en/index.html. Retrieved 15 Feb 2013.
IRIS- Impact Reporting & Investing Standard. (2013). http://iris.thegiin.org/iris-standards. Retrieved 15 Jan 2013.
Jäger, U. (2010). Managing social businesses: Mission, governance, strategy and accountability. New York: Palgrave Macmillan.
Kellogg. (2004). W.K. Kellogg Foundation logic model development guide. http://www.wkkf.org/knowledge-center/resources/2006/02/wk-kellogg-foundation-logic-model-development-guide.aspx. Retrieved 20 Jan 2013.
Kim, W. C., & Mauborgne, R. (2004). Value innovation. Harvard Business Review, 82(7/8), 172–180.
Kotler, P., & Andreasen, A. R. (2007). Strategic Marketing for Non-Profit Organizations. Pearson.
Monitor Institute. (2009) Investing for social & environmental impact. http://www.monitorinstitute.com/impactinvesting. Retrieved 20 Jan 2013.
Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaires, game changers, and challengers. New York: Wiley.
Porter, M. E., & Kramer, M. R. (2011). The big idea: Creating shared value. How to reinvent capitalism – And unleash a wave of innovation and growth. Harvard Business Review, 89(1–2), 62–77.
REDF. (2013). http://www.redf.org/learn-from-redf/publications/119. Retrieved 15 February 2013.
Russo, M. (2010). Companies on a mission: Entrepreneurial strategies for growing sustainably, responsibly, and profitably. Stanford: Stanford University Press.
Sampselle, D. (2013). CSRWIRES. http://www.csrwire.com/blog/posts/767-b-corporation-or-non-profit-determining-the-ideal-legal-structure-for-your-mission-driven-enterprise. Retrieved 26 Mar 2013.
Social Enterprise UK. (2013). http://www.socialenterprise.org.uk/policy-campaigns/campaigns/not-in-our-name. Retrieved 15 Feb 2013.
Spear, R. (2005). The Community Interest Company (CIC): A new form of UK social enterprise. Boletin CIES (Centro de Investigacion de Economia y Sociedad), art 1. Barcelona, Spain.
Thalssemia International Federation. (2013). http://www.thalassaemia.org.cy/epidemiology/. Retrieved 28 Mar 2013.
Tierney. (2006). The leadership deficit. Stanford Social Innovation Review. http://www.ssireview.org/articles/entry/the_leadership_deficit. Retrieved 4 Apr 2013.
To Catch a Dollar. (2013). Gayle Ferraro Aerial Productions. Los Angeles, California.
Wexler, R. A. (2009). Effective social enterprise – A menu of legal structures. The Exempt Organization Tax Review, 63(6), 565–575.
Wimmer, N. (2012). Green energy for a billion poor: How Grameen Shakti created a winning model for social business. Vaterstetten: MCRE Verlag.
Yunus, M. (2007). Creating a world without poverty: Social business and the future of capitalism. New York: PublicAffairs.
Yunus, M. (2010). Building social business: The new kind of capitalism that serves humanity’s most pressing needs. New York: Public Affairs.
Zappalà , G., & Lyons, M. (2009). Recent approaches to measuring social impact in the third sector: An overview. Sydney: Centre for Social Impact.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Ballesteros-Sola, M. (2014). Social Business Planning: Management and Financial Issues. In: Grove, A., Berg, G. (eds) Social Business. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-45275-8_10
Download citation
DOI: https://doi.org/10.1007/978-3-642-45275-8_10
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-45274-1
Online ISBN: 978-3-642-45275-8
eBook Packages: Business and EconomicsBusiness and Management (R0)