While a social enterprise may not have the luxury of using competitive compensation as a carrot, marketing its grand vision for social change to potential leaders and managers, creating a transparent and inclusive culture and empowering its field staff will go a long way in retaining the right talent.
#economyforall: Understanding The Need For Holistic Interventions To Tackle Inequality With Priya Naik, Founder, Samhita
Our chat with Samhita Founder and CEO, Priya Naik on why holistic interventions with all the stakeholders are necessary to reduce inequality.
Impact investors are the evangelists of the social entrepreneurship ecosystem and they have a key role to play in the success of SDGs. By re-aligning their investment focus on social and economic outcomes defined under the SDGs, impact investors can encourage cross-functional and holistic social innovations.
As with any project that your organization undertakes, embarking on a storytelling exercise needs you to prepare in advance to be more effective and to focus on specific outcomes. Here we have compiled a quick list of things you need to do to make a sound start.
Key pointers that social entrepreneurs should bear in mind while pitching to investors, recommended by influencers we spoke to.
Pulling people at the bottom of the pyramid out of poverty means making productive job and livelihood opportunities available to them. Upaya is playing a role of a catalyst by investing in social entrepreneurs who focus on this through their accelerator program.
Every cohort program is a story in itself which can be told by capturing these 4 elements- Program theme, entrepreneurs, sponsors & mentors and event. The final objective is to demonstrate the effectiveness of the program in realistic yet artful way.
A big country like India with myriad socioeconomic challenges direly needs social impact focused, responsible and purpose-driven businesses and startups. Entire business ecosystem needs a paradigm shift in its approach. B Corp certification could be a good start. Here’s learning about this certification, directly from India’s first B Corp.
In this part I solicit your opinion on which of the 3 startups mentioned here is creating tangible social impact and why. I am keen to understand how you perceive an impact organization.
It is increasingly becoming evident that there is a strong case for social entrepreneurs to align their impact reporting with Sustainable Development Goals set up by UNDP. Intuitively, it also follows that storytelling should also align with such impact metrics and convey a complete picture of your social impact.