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SOCIAL ENTREPRENEURSHIP Beyond CSR 2010 McGill-HEC Montréal Chris Roth
March 12, 2010
Once upon a time
ECONOMIC PROFIT was all that counted in business
Then reality struck …
And the problems which inflicted the world’s most vulnerable …
grew unabated.
NO MORE BUSINESS AS USUAL no more
“What gets us into trouble is not what we don’t know, it’s what we know for sure, that just ain’t so.” MARK TWAIN
Businesses exist to make a profit.
Businesses make a profit to exist. (existing for purposes beyond that of just making money!)
PROFIT
or …
GROWTH Is not the end objective.
It’s the means … (to a higher level of well-being.)
CLIENTS EMPLOYEES SHAREHOLDERS are now demanding more than just financial gains
Companies will realize value in
SOCIAL INVESTMENT
And they will be rewarded for their
INVESTMENT IN THE ENVIRONMENT
By helping entrepreneurs start their sustainable business
CHALLENGE YOUR WORLD is turning bright ideas into a brighter future
Dream
Share
Define
Build
Sell
Launch
CHALLENGE YOUR WORLD
SOCIAL ENTREPRENEURSHIP is the convergence of non-‐profits that use business models to pursue their mission and for-‐profits whose primary purposes are social and environmental
www.challengeyourworld.com