1. INTRODUCTION
This teaching note will serve as complementary analysis of the case developed about Enactus Tilburg University, the branch of Enactus International operating in Tilburg area. Enactus International is an NGO with the main purpose of "enable progress through entrepreneurial actions" (Enactus.org), the organization was founded in 1975 in the United States with the name of SIFE (Students in free enterprise). The operating model adopted since the beginning is based on student volunteers from all around the world, every group, as long as part of an educational institution and formed at least by 4 people can become part of Enactus with a sort of franchising model (excluding obviously the royalties concept, considering the charity nature of the organization), once that the two above mentioned conditions are met a new Enactus cell is formed. Each subsidiary has total autonomy in organizing itself in teams and in undertaking projects on a local basis. Is in this way, through a group of 4 students that in 2007 Enactus Tilburg University was formed, from then till now its growth has been exponential both in terms of volunteers recruited and of donations received. The case study that we wrote about Enactus Tilburg University we talked about the organization, its internal processes concerning the projects and the industry context, finally we introduced the main challenges the organization faces at the moment, specifically how to manage the transition between teams and management when the student volunteers leave the organization at the end of their studies in Tilburg and how to ensure the firm's long term survival and financial sustainability. In this teaching note I'm going to use two theoretical concepts from our course read...
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...ticle is the co-evolution or the interaction between the two groups of firms, in the beginning sustainable start-ups introduce the innovation on the market often in cooperation with NGOs or charities, once that this transformation is kicked-off by bioneers or social bricoleurs they are usually quickly followed by some incumbents. Proceeding with the market transformation high-growth Davids emerge, they can usually combine product innovation of the early Davids and process innovation of Goliaths, while in the early stages Davids try not to grow too much in order to not rise attention of Goliaths on them, these high-grow Davids aim to growth and to gain market share. In the last stage of the transformation Goliaths eventually enter the mass-brand market with the innovation due to the competitive threat of high-growth Davids and the potential profit that they can get.
In contrast to the standard view of the firm, Veblen recognized that the industrial age brought with it a new type economic organization much different from the single owner businesses and small partnerships that are closer to the standard idea of the firm. Hi...
An enterprise can be defined as an entity that operates to seek profit and provide goods and services to the community at large. The business community consists of many different enterprises. Each enterprise is characterized by the type of goods and services that it aims to provide for its consumers. Through these processes, certain inputs and commitments are made to ensure the deliverance of goods that certify consumer needs. Throughout the years, the realization that businesses and the basic paradigm of trade and commerce have certain externalities that tends to render socio-economic progress on an economic, social and environmental standpoint. Academically characterized as having a sustainable business model, companies have been trying to find synergies between; profit making, social integration as a business and the preservation of the environment. The retail industry contributes to a significant amount GHG to the atmosphere. As a middleman between the
The firm wanted to promote corporate social responsibility, so I spearheaded the idea of purchasing school materials and a volunteering program for employees to tutor unfortunate high-school students. Within two weeks, this program reached over 1,200 students in Jakarta. If in that short time, a single business could make such an impact, imagine the great things that would happen if all Indonesian business helped out. With the scholarship I know that it will allow me to the next step in my education, to equip myself with the necessary tools to initiate a revolution for a greater cause; to make impact that truly
Non-profit organizations do not belong to the commercial sector or the public sector, but occupy an intermediate position. It gives them greater flexibility in their work, but requires from manager’s considerable skills and experience in their management.
Organizations can be configured in many different ways. Their overall classifications can be summarized by characteristics of complexity within the system, the level of formalization, and the centralization of decision-making power. The structure of each organization is influenced by many factors. Such factors include; the goods and services provided, the overall individuality of the staff providing the service and producing the products. The overall beliefs and values of the individuals performing the services that are being delivered, the technology that is utilized to help deliver the services and aid in product production, as well as the needs, desires, and generalized characteristics of the consumer population that requires or demand the product or service. (Yoder-Wise, 2007, p. 145) The organization will have different operating priorities based on its ownership. The main goal behind most business is to make money. The private owned institution strives to make its shareholders money, while a non-profit institution reinvests all of its revenue back into the orga...
The Sylvan case study illustrates the challenges of building value and improving business performance through an acquisition and diversification strategy that did not coincide with the capabilities and competencies that originally built the Sylvan brand. Sylvan was founded by W. Berry Fowler in 1979 and during his six year tenure, Berry developed the franchise business model, training and educational programs, and teaching methodology that provided Sylvan with a competitive advantage in the education industry.1 Berry Fowler built his business strategy through an intimate understanding of customers needs and developed Sylvan’s core competencies around providing supplemental education designed to fill the educational gaps experienced by students. 1 Upon Berry’s departure, Sylvan’s new CEO, Douglas Becker, embarked on a corporate-level strategy of related diversification. However, this strategy did not successfully translate into financial economies between businesses nor did it obtain significant market power through these additional levels of educational diversification.2 To that end, this case study will look more closely at Sylvan’s process of diversification and acquisition strategy, management’s leadership as Sylvan transitioned from their founder and the new course the organization charted to address additional challenges for the new millennium.
With today’s development of society, an increasing number of people focus on natural resources and sustainable, restaurants are seeking a new way to establish a sustainable strategy. The case study describes sustainability and analyze its impact within the industry, using McDonald’s as main case study.
Entrepreneurship for social change: Is the U.S. doing enough to encourage and support sustainable social innovation?
For organisations of all types, the last three decades have been crucial in changing the manner in which organisations interact with each other, stakeholders, the government, and themselves. Most of these changes occurred because of the evolution of globalisation, increased cooperation between nations and regions, while, at the same time, increased stakeholder expectations, opened hundreds of new markets, and now requires that organisations operate on a new level (Munshi, S., et al., eds., 2004). Businesses have also undergone a change in its overall philosophy – not just moving toward entrepreneurial thought as a way to change their marketing paradigm, but through consumer and corporate expectations of business in a more ethical and sustainable manner (Smoder, J., et al., 2003).
Sustainable competitive advantage is the point of convergence of a corporate method. It permits the upkeep and change of an endeavor's aggressive position in the business. It is leverage that empowers business to get by against its rival more than a drawn out stretch of time. A game changer is leeway over contenders picked up by offering customers more prominent worth, either by method for lower costs or by giving more prominent profits and administration that defends higher costs. At the point when a firm supports benefits that surpass the normal for its industry, the firm is said to have a game changer over its opponents. The objective of quite a bit of business procedure is to attain to an economical upper hand. (Sustainable Competitive
Nowadays, education is one of an essential basis in our life higher. Many people go to university to further study after secondary education, because most of them believe that going to university can make them having good futures. Moreover, most companies prefer their employees with university qualification rather than those without degree to make companies moving forward and being successful. Meanwhile some people prefer studying by their real experiences rather than studying in class to start doing their businesses. This essay will consider that university degree is essential to run a successful business in terms of general knowledge and specific skill and also can make professional connections to support students in the future. On the other hand, working experiences can make business prosperous. However, some students consider both degree and experience to succeed in their business.
...tance education entirely beyond the possible profits, not economic returns in the short term, and we can not expect non-profit educational institution as an independent public schools bear the long-term market cultivation. The problems there are many ways, one of which is and businesses, the market pressures passed on to the market-operated business that, of course, also be part of the transfer of interests. In fact, many experimental colleges have explored a variety of ways to solve the funding problem. In addition to the central government of satellite television networks, telecommunications networks and computer network hardware and some experimental resource construction investment, the consortium also includes donations from the company attract investment, the telecommunications sector offers, the local government investment, schools and other teaching points.
Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. Rather than leaving societal needs to the government or business sectors, social entrepreneurs find what is not working and solve the problem by changing the system, spreading the solution, and persuading entire societies to move in different directions. ust as entrepreneurs change the face of business, social entrepreneurs act as the change agents for society, seizing opportunities others miss to improve systems, invent new approaches, and create solutions to change society for the better. While a business entrepreneur might create entirely new industries, a social entrepreneur develops innovative solutions to social problems and then implements them on a large scale.
Trust is the gem of a big firm, no matter what the situation or time is the entrepreneur must give his fullest to win the trust of the customers and help them.
Fourth, social entrepreneurs are a type of innovators who focus on creating products and services that solve the social need and problems. Some social enterprise have a goal to make the world a better place.They could be non-profit or hybrid (Blank, 2011). The definition of the social entrepreneur is debatable. Some authors argued social entrepreneurs could make a profit and increase their profit, but the characters of the products should have a social intention, such as green products. On the other hand, some development institution argued the social entrepreneurs should not profit oriented. Moreover, in 2015, ACUMEN reported there was 112 non-profit enterprise that owned by female out of 821 female enterprises data sample.