It’s been a "Mr. Toad’s wild ride" for those in workforce development in 2013. Ongoing funding challenges, competing political interests and a crowded field vying for attention and funding became the normal landscape. The good news is that the budget challenges have spurred a new era of creativity about how to develop different business models and become more entrepreneurial.
As savvy nonprofits know, foundations and philanthropic investors of all sizes are looking for smart ways to direct their gifts in the hope of seeing a greater impact. This is true along the spectrum of individuals who write small personal checks to support a favorite cause, to large corporations looking to improve their social responsibility ratings. Now more than ever, individuals, organizations, charitable foundations, and philanthropists simply want the most return for their investments in various causes.
How can workforce organizations successfully tap into these trends as true social entrepreneurs and design new business models to support their efforts? Social enterprise can be used as a purpose-driven local business model that uses workforce development methods to generate income for improving the social good. While highly effective, it is a proactive approach that requires a conscious and strategic shift in the organizational culture.
If you are interested in what it takes to make this shift, register for the 1/22/14 Webinar, or contact us to get a copy of the latest white paper.
New White Paper:
Social Entrepreneurship: New Business Models for Workforce Boards
Table of Contents:
- The Changing Landscape: The Funding Realities
- Emerging WIB Market Segments: Which One are You?
- The New Brand of Workforce Development: Social Enterprises
- A Social Entrepreneurship Model: Meet Kinexus
- Social Entrepreneurship Process: Organizational Ecosystem + Innovative Models
