Unlike a mainstream corporate job, most employees join your social enterprise with a passion and a zeal towards personally contributing to social good. How should you then undertake a performance appraisal for your employees?
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.
Understanding why it is necessary to support ideas in the early stage for building a sustainable Social Enterprise and how its done at NSRCEL from Aakarsh Naidu, Director of Ecosystem Initiatives.
Service Design revolves around the intangible aspects of your impact offering. A good service model digs deeper into the very ethics of your organisation, your philosophy and the cause you support to deliver a more sustainable and long-term impact.
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.