Tag Archives: for-profit

Managing ‘non-profits’ vs ‘for profits’: what’s the difference?

Managing ‘non-profits’ vs ‘for profits’: what’s the difference?

We often say, “Management is management!” But is it really the same across all three sectors – private, public and ‘nonprofit’? A question of real importance to me as I return from the nonprofit sector back to the private sector. My family has been in the automobile dealership business for over fifty years and IRead more

Force for good: can profit and social change mix?

Force for good: can profit and social change mix?

I’ve been reflecting on an interesting seminar on social ventures by Cambridge Judge Business School’s Centre for Social Innovation I recently attended. Neil Stott and Paul Tracey argued that the legal construct of a venture should be irrelevant, and that it was the organisation’s ability to bring about social change that mattered. Time constraints preventedRead more

New legal structures for social enterprises

New legal structures for social enterprises

Fitting the misfit or just an empty promise? Social enterprises are a misfit. Neither simply for-profit, nor non-profit, they don’t belong in the existing legal categories of the NGOs or financial hunters of today’s world. Stuck in the middle of wanting to achieve both, earn profits and make a positive social impact at the sameRead more

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