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How to Become a For-Profit Social Enterprise (FOPSE)
Corporate Social Responsibility (CSR) as Core
 
 
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© FreeBalance Inc. 2009, Some Rights Reserved. Except where otherwise noted, this work is licensed underCreative Commons Attribution ShareAlike 3.0.You are free:
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Table of Contents
 
Foreword.............................................................................................................................................................4Preface................................................................................................................................................................5How Can a Company Become a For-Profit Social Enterprise?.........................................................................6FOPSE requires addressing a social issue as core to the company mission...................................................6Figure 1: FOPSE Brings CSR to the Core of Company Mission...............................................................6FOPSE requires leveraging the for-profit model to improve efficiency and effectiveness...........................6FOPSE is global in nature..............................................................................................................................6Figure 2: FOPSE is a ‘Glocal’ Model........................................................................................................6FOPSE requires local delivery.......................................................................................................................7FOPSE requires a customer-innovation approach..........................................................................................7FOPSE means sustainability...........................................................................................................................7How to Justify Corporate Social Responsibility Programs................................................................................7The Business Dangers of Ignoring Corporate Social Responsibility.............................................................7Figure 3: CSR Studies................................................................................................................................8The Ethical Dimension...................................................................................................................................8Corporate Social Responsibility: It’s a Real Trend........................................................................................9Figure 4: The New Capitalism...................................................................................................................9Focus on Wicked Problems............................................................................................................................9The Cold Hard Business Case......................................................................................................................10Recruiting and Retaining Talent...............................................................................................................10Increasing Profit.......................................................................................................................................10Conclusion........................................................................................................................................................10Notes.................................................................................................................................................................11
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