In this Metier Digest article, writer Lea Reyes discusses how the world is making a shift from the traditional 'for-profit' businesses in favour of the 'for-purpose' model.
Reyes lists down three reasons why people should look at incorporating social entrepreneurship principles in their organizations.
The three reasons include the following: 1) Social entrepreneurship keeps your business competitive; 2) Social entrepreneurship combines the best of charities and for-profits; and 3) Social entrepreneurship creates a better economic environment.
Reyes also writes how social entrepreneurship is creating a sense of fulfillment in making a difference in the world.
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”