Sure, Americans love their mobile phones and use them handily, but there’s still stunted confidence for mobile financial transactions, whether it’s a payment or a donation. Part of the reticence comes from the clumsiness of many mobile commerce and mobile giving sites and part of it’s a lack of incentives.
Imagine if your company's investors expected you to end your year without generating a dime in surplus. Welcome to the nonprofit sector, where your investors are foundations, and they expect multi-million dollar enterprises to end their year with zero. This makes nonprofits dependent supplicants year after year--unhealthy enterprises with no cash reserves, and no capital to strengthen, diversify, or build their operations.
In the land of business start-ups, a common success story looks like this: entrepreneur comes up with amazing new idea. Entrepreneur cobbles a start-up business around said idea. Idea spreads like wildfire. Entrepreneur sells business to huge, well-established company.
What might this model look like from the non-profit perspective?
A small non-profit organization called The Breast Form Fund may be able to give us some insight.
You will soon find that no corporate board will hire a CEO or elect a new board member who doesn't have experience in environmental sustainability and social issues. Why would I say this? And where would a corporate person gain personal experience in environmental and social issues?
Sustainability and CSR are moving onto CEO and board agendas
The kerfuffle over Chevron’s ad campaign and the accompanying spoof ad campaign (see my Inspired Economist post) reminded me that I hadn’t posted anything here about my first contribution to the Public Relations The Strategist.
Want to know which business leader is reading Mr. Brown Can Moo, Can You? and who's reading The Iliad? See Part I. Let's see what some other leaders in business, CSR, and nonprofits have been reading this summer.
A new book, Sustainable Excellence, shows that for companies to deliver lasting value for investors, they must create strategies that include solutions to the biggest social and environmental challenges of the twenty-first century. You might wonder though. Aren't social and environmental concerns for NGOs or governments to worry about? Aren't companies supposed to build shareholder value?
As a blogger at Good Business(Good-B), I usually write about money, not politics. This year, however, the two are indistinguishable. Make no mistake, American politics in 2010 are all about money—who has it, who doesn’t and who wants it at any cost.
We did not fix the banking system, Columbia University economics professor Joseph Stiglitz told the well-heeled audience at the World Business Forum this week.
The Feds pulled the big banks back from the brink of oblivion, but left everyone else up a creek without a paddle. You know who the fortunate few are – Bank of America, JPMorgan Chase, Wells Fargo, Citibank, Goldman Sachs, Morgan Stanley, Capital One, and American Express among others.
The social media / tech world was taken by surprise last week when Techcrunch (one of the largest tech / social media blogs globally) announced that it has been acquired by AOL. Immediately the future editorial independence of Techcrunch was questioned now being a part of the AOL empire. Rightly so in my view.
I did not know what to expect from Jim Collins, author of “From Good to Great.” Was this another business strategy that could only be read in a book or would this translate to real life and the everyday reality of business? His words were transformational. Business, says Collins is “simply a subset of human life…great human stories and great human enterprise. Great adventure, great leaders.” It is a “human quest in one way or another.”
Get ready, set, go! The home of the famous Rockettes, Radio City Music Hall, will be turned into a buzzing business conference full of movers and shakers in the world of commerce. The famous high-kickers will lend their stage to some of the business world’s highest producers. The 2010 World Business Forum opens Tuesday, October 5 at 9:00am and Good-B Blogger Monika Mitchell will be there in the Blogger’s Hub to report.
Old school charity and “philanthropy” once referred exclusively to financial contributions to nonprofits. Today, Omidyar Network (ON) takes a more innovative and inclusive approach, called “flexible capital.” As a philanthropic investor, ON invests in for-profits, as well as nonprofits.
You’ve come a long way baby. That was the message of Gail Collins, New York Times columnist and author of “When Everything Changed” at last weekend’s Omega Institute “Women & Power: Our Time To Lead” conference. Ms. Collins explained to the hundreds of women in attendance that back in 1960 women could not wear “slacks” in public. She reminds us that it was a man’s world in the most primitive sense a mere 50 years ago.
Plenty of people use the power of the internet to trace and reconnect with old friends. Two brothers from Denmark, however, are working to harness that power for a greater social good. Christopher and David Mikkelsen founded Refugees United, an NGO that uses secure web and mobile technology to enable refugees to find loved ones throughout the world.
“We plan to triple our sales of what we call Good for You products, including fruit and vegetable juices, oatmeal, nuts, seeds, low-fat dairy, sports drinks for athletes over the next decade,” explained Dr.
Today, the future started to roll in. It parked on 7th Avenue.
We’ve been hearing about electric cars, alternative fuels, and the resurgence of biking for years. For the most part, though, that’s all we’ve been doing: hearing, not driving or plugging in or pedaling. In cynical moments, waiting for the transportation of the future can feel like waiting for the flying cars we were promised for so many years.