Social Innovations
Think Passionate
Investors screen for entrepreneurial passion when making funding decisions.
Investors screen for entrepreneurial passion when making funding decisions.
From pink ribbons to Product Red, cause marketing adroitly serves two masters, earning profits for corporations while raising funds for charities. Yet the short-term benefits of cause marketing—also known as consumption philanthropy—belie its long-term costs. These hidden costs include individualizing solutions to collective problems; replacing virtuous action with mindless buying; and hiding how markets create many social problems in the first place. Consumption philanthropy is therefore unsuited to create real social change.
The Rockefeller Foundation is staying at the forefront of new and big ideas, funding new innovation processes like crowdsourcing and collaborative competitions.
Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa by Dambisa Moyo
Social networking tools reveal that there is an intricate web of relationships between business and environmentalists, which if developed could benefit the environmental movement.
The more a business focuses on its social mission, the more revenue it will generate.
With an understanding of these 10 funding models, nonprofit leaders can use the for-profit world's valuable practice of engaging in succinct and clear conversations about long-term financial strategy.
Voluntary carbon offsets allow people to invest in projects that allegedly counteract their greenhouse gas emissions. But can voluntary offsets help slow global warming? Or are offsets a way for consumers to buy their way out of bad feelings?
The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World by Jacqueline Novogratz