Social Entrepreneurship
What organizational form (e.g. non-profit, foundation, government, NGO, for-profit, partnership organization, hybrid) is the best for your organization and why?
We believe that forming our combined nursery home and children's home program as a nonprofit organization (NPO) is the preferable choice because this organizational form provides our project with a number of tangible and intangible benefits. As a nonprofit organization, our nursery/children's home would retain the ability to accept both private donations from individual citizens, as well as governmental funding in the form of grants and subsidies. Furthermore, because the stated goal and mission of our nursery/children's home project is to honor Turkey's culture of collectivism, seeking nonprofit status is the most appropriate course of action. Because the community at large would be able to contribute to our cause, in the form of monetary donations and volunteering their time, becoming a nonprofit organization is the best choice for our nursery/children's home if we hope to stay faithful to our Turkish heritage.
5) Who will benefit from your organization? PLEASE do a stakeholder analysis.
The beneficial aspects of a combined nursery home and children's home would be far reaching and widespread, with everyone involved from residents to neighbors of the home enjoying positive changes to their existing routines. First and foremost, the young children and the elderly people who would be living in our group home would experience the most direct benefits, as the quality of their daily lives would be improved immensely. The orphaned children would get to live their childhoods as members of a family unit, with a variety of compassionate adult companions to provide guidance, affection and love. As Turks, these children need to be cared for as part of a family-like unit, and unfortunately the outdated model of children-only homes does not require the necessary level of...
Social Business Some people are mystified and confused by what it means to be a social entrepreneur or otherwise in a social business. However, it is just a matter of innovation and creating social change. However, rather than just simple innovation in a business context, there is actual social change through a business context. Rather than just look at the utility of something, one can also look at the social and
The people of Singapore see charity as totally altruistic and does not include notions of sustainability and corporatization to maximize full potentials. Therefore, more work is needed in educating the public and government in understanding the proper administration of a social enterprise (ibid.). We need to consider theories on social entrepreneurship before we link our blueprint to them. One theory known as the triple bottom line (3Ps-People, Planet and Profit)
Western sanitation facilities, for example, are expected to be white, clean, and indoors. In the United States, for example, we expect every home to have its own faucet and running water. In Sudan, however, the expectations for design and infrastructure are different. By working directly in local communities and employing residents to help with every phase of planning and construction, the NWP is able to capture local design features.
Much likes business however, an opportunity must be identified, resources gathered, and utilized in the most efficient manner. Unlike traditional business, the major motive for social entrepreneurs is not that of profit, but instead that of "social value creation." A social entrepreneur that has been instrumental in furthering the industry and its efforts is Dr. Abraham M. George. Dr. George is the founder of The George Foundation, whose sole purpose
Competitor products and their equivalent prizes, this is so that after establishing our break-even analysis it can act as a guiding line to set the best price. (Tao 2008) The survey should enable one establish the best marketing strategies and anticipate any future contingencies. Entrepreneurship development services This service will target individuals who wish to start business on their own or in a group it will mainly involve Training on how to originate
The Robin Hood Foundation has the mission to be a more efficient charity. They believe that the limited pool of charitable donations can work more efficiently, and thereby bring more benefit to the recipients. The main mechanism of change is professional assistance - Robin Hood brings more than money to the table, they corral the skills of corporate partners to donate professional assistance to projects that would without it be
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