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Profit + Purpose: How Social Innovation Is Transforming Business for Good 1st Edition

SKU: 9781118708569

Original price was: $43.00.Current price is: $12.90.

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Additional information

Full Title

Profit + Purpose: How Social Innovation Is Transforming Business for Good 1st Edition

Author(s)

Kyle Westaway

Edition

1st Edition

ISBN

9781118708569, 9781118708613, 9781118708552

Publisher

John Wiley & Sons P&T

Format

PDF and EPUB

Description

Social entrepreneurs believe business is part of the solution to some of the worlds greatest challenges, rather than the cause. In recent years, the field of social enterprise has exploded, giving rise to a number of successful companies. Furthermore, some of the worlds largest companies such as Unilever, Wal-Mart, Nike, Pepsi and Puma are embracing the principles of social entrepreneurship in their global operations through the ambitious efforts of social intrapreneurs. This book will highlight successful social entrepreneurs that are blending profit and purpose and give a behind-the-scenes look at how they went from idea to successful business. The reader will follow their journey along their formative path and hear the challenges, successes, missed opportunities, hard work and big breaks that lead to their success. The book is broken down into three main sections: structure, fund, and run.

Availability: In Stock

Profit & Purpose How Social Innovation Is Transforming Business for Good 1st Edition

SKU: 9781118708552

Original price was: $43.00.Current price is: $12.90.

Access Profit & Purpose How Social Innovation Is Transforming Business for Good 1st Edition Now. Discount up to 90%

Additional information

Full Title

Profit & Purpose How Social Innovation Is Transforming Business for Good 1st Edition

Author(s)

Kyle Westaway

Edition

1st Edition

ISBN

9781118708552, 9781118708613

Publisher

John Wiley & Sons P&T

Format

PDF and EPUB

Description

Why has Warby Parker been able to make such dramatic inroads against the behemoths in the long established eyeglass market? How has Method revolutionized the soap aisle? Amid the cacophony of online retailers, why has Etsy seen such explosive growth, with 2013 annual sales north of $1 billion?  These companies all have been disruptive because they are operating from a strong social/environmental purpose. They are proving a counterintuitive truth – purpose can drive profits. But it’s not just innovative startups that are getting in on the action. Blue chip companies such as Nike, Coca-Cola and IBM are innovating within their organization to create a positive social and environmental impact globally. This is not a trend. It’s the future of business. Based on in-depth interviews with founders, Profit & Purpose profiles a number of the most successful pioneers of this new way forward, telling the stories of thirteen social enterprises ranging from non-profits like Charity:Water and DonorsChoose.org, to for-profits, like Method and Burts Bees; from startups like Etsy and Warby Parker, to multinational corporations with market capitalizations in the hundreds of billions, like Coca-Cola, IBM and Nike. Kyle Westaway digs beneath the public stories of these organizations’ success to reveal how they have harness the power of purpose.  Taking readers behind the scenes, he shows how these leading social enterprises progressed from concept to scale, how they overcame common pitfalls, and how they managed to find an optimal balance between their mission and their business mandates. Westaway reveals that though there is no magic bullet formula that guarantees success, there are seven core practices that distinguish these market leaders from the pack of contenders. They are:  DISCOVER THROUGH CURIOSITY // Finding the right opportunity catalyzes impact. DESIGN WITH HUMILTY // Prioritizing users creates killer products. BUILD THROUGH HUSTLE // Rallying people creates critical momentum for launch. FUND BY COMMITMENT // Aligning funders around a vision creates true partnerships. CONNECT WITH AUTHENTICITY // Authentic connection builds a movement. SCALE THROUGH COMMUNITY // Focusing on culture ensures smart growth. EVALUATE WITH HONESTY // Honest measurement ensures continual improvement. Profit & Purpose takes the literature on social entrepreneurship an important step forward, providing the practical tools for turning good intentions into breakaway success.