Members Choices

How one young car sharing entrepreneur keeps disrupting how we get around

By: Whitney Pastorek

John Zimmer, co-founder of Zimride, has started a new company called Lyft. Lyft is a privately-held, San Fransisco-based Transportation Network Company whose mobile-phone application helps ridesharing by enabling passengers who need a ride to request one from drivers who have a car.
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  • Source: Fast Company Exist
  • Suggested by: Dora Koop

Canadian University Report 2014: Social Entrepreneurship

By: Jennifer Lewington

Interesting article on what Canadian universities are doing in the field of social entrepreneurship.
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  • Source: The Globe and Mail
  • Suggested by: Anita Nowak

Donation of ideas is better than just cash

By: Luke Johnson

Luke Johnson’s explains his point of view that “It is often better for a business founder to build their own social enterprise than join an existing one.”
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  • Source: Financial Times
  • Suggested by: Dora Koop

Overhead costs incurred by not-for-profit organizations

By: Julie Brandt, Stanford Social Innovation

Overhead costs are incurred by most not-for-profits; there is increased pressure on non-profits to better define and deliver outcomes to their funders.
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  • Source: Stanford Social Innovation Review
  • Suggested by: Kathy Fazel

Commerce and Conscience – Social Impact Bonds

By:

The homelessness SIB (Social Impact Bond) is one of 14 that have now been issued or are in development in Britain, which pioneered the instrument back in 2010 with a bond funding a prisoner-rehabilitation programme in Peterborough. The idea is also winning fans elsewhere. New York city launched a SIB last year tackling recidivism among inmates at Rikers Island prison; Goldman Sachs is among the investors.
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  • Source: The Economist
  • Suggested by: Kathy Fazel

The Talent Needed for Social Impact

By: Amy Gallo

Attracting, managing, and retaining the best talent is rarely straightforward in any business. It takes time to find people with the right mix of skills, experience, and values. And they need to fit into your organization. This is especially important in small businesses where every employee greatly influences the company’s success. In organizations trying to have a social impact, finding, hiring, and developing the right talent can be particularly complicated.
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  • Source: Harvard Business Review
  • Suggested by: Dora Koop

Reform Wall Street: A Call for Action

By: Wade Lee Hudson

Driven by reckless greed, Wall Street undermines the economy, corrupts the government, creates repeated crises, and is leading the country toward even greater disaster. A financial system that does not serve the public interest needs restructuring. Building an effective movement to fundamentally reform Wall Street is an urgent necessity.
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  • Source: Reform Wall Street - Advocates for Ethical Banks
  • Suggested by: Dora Koop

Investors Profit by Giving Through Social Impact Bonds

By: Caroline Preston

The “social impact bond,” also known as a “pay for success” bond, is the latest — and most discussed — tool in a broader playbook philanthropists are using to blend business and charity to make a bigger difference. Sometimes known as impact investing, these approaches include providing low-interest loans to nonprofits, making equity investments in companies that tackle social problems and investing a portion of a foundation’s endowment in enterprises that produce measurable benefits to society and a financial return.
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  • Source: New York Times
  • Suggested by: Kathy Fazel

The Impact Investor – A Market Emerges: The Six Dynamics of Impact Investing

By: Ben Thornley, Cathy Clark, Jed Emerson

The Impact Investor is a project to build data-driven and practitioner-guided knowledge for the rapidly growing field of impact investing. It is a partnership between InSight, the Center for the Advancement of Social Entrepreneurship at Duke University, and ImpactAssets. The second report in the project seeks to identify and define the evolving tensions within impact investing classifying these as Six Dynamics, each of which describes a unique set of relationships, challenges and questions that underpins a deeper understanding of the best practices required to deliver blended financial and social returns successfully.
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  • Source: Pacific Community Ventures
  • Suggested by: Dora Koop

Charities should consider social impact when investing

By: Rosie Niven

Charities have always been investing their money. But traditionally trustees’ focus has been on maximising the potential financial return rather than considering the positive social impact of their investments. Charity commission guidelines to trustees until recently have emphasised the importance of getting the best financial return so more money can go into grants and services
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  • Source: The Guardian
  • Suggested by: Itifo Engulu