The new economy “Social Business”
Prof. Yunus Nobel Peace Prize has new approaches to solve all the world problems that we are seeing today. Social business is a cause-driven business. In a social business, the investors or owners can gradually recoup the money invested, but cannot take any dividend beyond that point. Purpose of the investment is purely to achieve one or more social objectives through the operation of the company; no personal gain is desired by the investors. The company must cover all costs and make profit, at the same time achieve the social objective, such as, healthcare for the poor, housing for the poor, financial services for the poor, nutrition for malnourished children, providing safe drinking water, introducing renewable energy, fair salaries in an ethic business way. The impact of the business on people or environment, rather the amount of profit made in a given period measures the success of social business. Sustainability of the company indicates that it is running as a business. The objective of the company is to achieve social goals. Clarifications on Social Business, this concept are not opposed to making profit. Even social businesses are allowed to make profit with the condition that profit stays with the company; the owners will not take profit beyond the amount equivalent to investment. Social business is a new category of business. It does not stipulate the end of the existing type of profit-making business. It widens the market by giving a new option to consumers. It does not intend to monopolies the market and take the existing option away. It adds to the competition. It brings a new dimension to the business world, and a new feeling of social awareness among the business community. When we approach the concept of social business from the philanthropy side, it looks very convincing and logical. Why should everything in philanthropy be given away? If some of these goals can be achieved more efficiently and sustainably in a (social) business format, then why not take that route? After all our purpose is to achieve the social goal. But when you approach it from the orthodox business side, it tends to look a bit out of tune. Why on earth give up profit? Why should anyone run a business without profit? I understand the surprise perfectly. Let’s clarify it: it is not asking any businessperson to give up any of their businesses. Nor asking them to convert some of their businesses into social business. The idea of "giving up" something creates this shock wave. The paradigm is not asking anybody to "give up" anything. All is saying, if you are worrying about a social problem (while totally engaged in your routine business) Social Business have a message for you, you can make a significant contribution in resolving the problem. If you put your mind seriously into it, you may even open the door to eliminate the problem globally. You can do both: conventional business and social business. While you reinvest your money in your own company, everybody benefits from it. The owner, the employer, the clients, the community, the region, the country the whole planet.
Bernardo Javalquinto
congratulationso n prize from rome http://premiosciacca.it/
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understandentrepreneurialrevolution.doc
JOSB is home for valuetrue microcredit ratings inspired by scottish microeconomists- papers relating to our 3 primary criteria:
top 50 social business and youth job creating networks - journal and other links to following- coming soon
process-
1 jobs competitions -external link 1
2 institutes of social business : linking complete catalogue of cases and action contacts -external link 1
3 singforhope & networks of Future of Heroes (mass media ) -artists & youth peace corps in every community -external link 1
Keynes implied that economists either design or destroy the futures that most people want
Designing the futures that most people want from
4 banking designs value chains of finance &
5 membership integrated with developing healthcare
7 value chain transformations in selected areas of agriculture ( including feed the future :food security)
8 Where is mobile a gamechanger in microeconomics of a whole sector
9 banks with values -next transformations and goodwill wars - eg mobile currency
APPS and Microfranchises
10 where is micro energy on moores law - doubling total solar energy units installed annually - eg grameen shakti 2012 growing from millon to 2 million!
11 the free nursing college - goal to celebrate girl power by ending nurseless villages
12 celebrating the greatest social business apps of nutrition
microcredit.tv and valuetrue's 3 ratings as yet only reveal 6 AAA microcredit models
13 Grameen in Bangladesh but not as averagely funded abroad
14 BRAC everywhere
15 jamii bora for kenya an mobilising youth to end sluns
16 microloanfoundation for extreme rural african microcredit models with help from knowledge nets in Boston and London
17 ADIE leading model for end underemployement in Europe
18 Conscious Capitalism selected local parthers in microcredit eg as integrated into total brand reputaion and purpose of whole foods
19 Patent pools and other youth-mediated partnerships where open sourcing technology for poorest is wholly valued by most trusted leaders of our times- 1 million times more collaboration tech than when man raced to moons in 1960s
Investing in net- generation - Goals, visions, future purposes people need most out of every global village
20 ONE GOAL- Youth Investment Banking - first 10000 youth-led projects
21 can make 2015+ goals more systemic than millennium goals version 1
Entrepreneurial Revolution (Year 40 of The Economist challenge leadership genre) transformations of 20thC systems through youth mediated partnerships and cross-cultural maps -back from future sustainability of borderless world:
30 Future of Economics - Go micro before too big to exist systems end up on Orwell's Big Brother endgame
31 search for 100 leaders of 2010s = worldwide youth's most productive decade - external link www.wholeplanet.tv
32 changing charity, foundation -eg social impact bonds
33 changing gov - eg privatisation owned by communities and grassroots networks
34 changing corporations and media
35 conflict resolution eg through millennium goal shared franchises
36 changing professions
40 US Student competition to end illiteracy
41 US student competition to end food deserts
42 US student competition to regenerate localities around skill bases global industry exited from
43 News of student competition priorities from 12000 Japanese Stident Competition Expo
44 microcredit selection lists by application - wholeplanetfoundation chooses worldwide's most fit microcredits for regenerating rural communities near places that already produce world class produce
48 Stuctural advances in Social Business Capital
49 Viralise Trillion Dollar Audits - what's each global village markets most sustainable human purpose
50 Updating League table of 20 greatest innovation partnerships for 2010s
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